Steel news
The latest global steel industry news from the I&ST team.
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SMS group supplies Hybar with a second CMT mill in Osceola, USA
The new order enables twin CMT mill operation by leveraging the existing infrastructure of the SMS CMT 550 mill already in operation
Hydnum Steel secures a €150 million investment from COFIDES to build the Iberian Peninsula's first clean steel plant
Hydnum Steel claim the facility will be the first clean steel plant in the Iberian Peninsula, with an annual production of 2.7 million tonnes and a 98% reduction in its carbon footprint compared to conventional steelmaking processes.
Tenova to supply Germany’s largest EAF for HKM’s transformation
The new electric arc furnace, with its design capacity of 2.5 million tons per year, will rank as the largest in Germany and one of the largest in Europe.
Cleveland-Cliffs promotes Celso Goncalves
Cleveland-Cliffs announces promotion of chief financial officer Celso Goncalves from executive vice president to president and the appointment to board of directors.
UK Steel welcomes new 'comply or explain' procurement rules to back British-made steel
UK Steel has welcomed the Government's revised Public Procurement Note for Steel that introduces a new 'comply or explain' requirement, ensuring contracting authorities actively consider the use of UK-produced steel
Primetals Technologies wins major ladle furnace upgrade order
Primetals Technologies will upgrade Outokumpu Stainless USA’s ladle treatment stand to a 180-ton twin ladle furnace.
Greensteel Australia’s $500M investment returns steelmaking to the NSW Hunter region
Australia’s first new steel mill in over 30 years signals the return of domestic manufacturing
Global usage of molybdenum rises while production remains static
Global production of molybdenum was at 168.4 million pounds (mlbs) in Q1, 2026, the same as the previous quarter, and a 2% rise when compared to Q1, 2025
Hybar raises financing to expand
Hybar has raised $1.1 billion to build a second electric arc furnace (EAF) steel rebar mill. The second mill will double its rebar production capacity to approximately 1.3 million tons annually.
EMSTEEL and the Technology Innovation Institute form partnership
EMSTEEL Group has signed a collaboration agreement with Abu Dhabi’s Technology Innovation Institute, to advance high-strength reinforcement solutions designed to enhance the protection and resilience of the UAE’s critical infrastructure.
Pomini Tenova and Siemens strengthen partnership to advance roll grinder revamping solutions
By combining Pomini Tenova’s process expertise and roll shop solutions with Siemens’ advanced CNC automation, this strategic partnership claims to take the modernisation of existing roll grinders to a higher level.
voestalpine Railway Systems receives €470m order for the new high-speed Rail Baltica line
voestalpine Railway Systems has secured a contract worth €470 million, for the supply of high-tech turnouts and digital monitoring systems for the new high-speed line Rail Baltica
Tata Steel UK shares update after fire
Tata Steel UK has reassured customers and downstream manufacturers that it remains confident in its ability to maintain continuity of supply generally following the fire at the Pickle Line facility in Port Talbot.
Eurocoke Summit 2026 – an essential meeting place for Europe's coke, coal and steel markets
For companies buying, selling, trading, producing or transporting: coke; coal; steel and steel raw materials, Eurocoke Summit 2026, remains a premier gathering for the industry.
Salzgitter and EWE finalise contract for the supply of green hydrogen
A long-term supply contract between EWE and Salzgitter for 10,000 tons of green hydrogen per year from Emden for the SALCOS program has been signed in Berlin, Germany
UK Steel supports amendments to trade measure
UK Steel fully supports targeted amendments to the provisional steel import quota measure and does not recognise media reports of a ‘U-turn’.
SSAB expands steel powder production capacity in Oxelösund
SSAB will expand its steel powder facility for additive manufacturing in Oxelösund, Sweden, to enable production at a commercial scale.
Primetals Technologies to upgrade Shougang Shunyi’s pickling line and tandem cold mill automation systems
Primetals Technologies has received an order from Shougang Cold Rolling to modernise the Level 1 and Level 2 automation systems at the pickling line tandem cold mill in Shunyi, Beijing, China.
Delavan acquires United States Controls
Delavan has acquired of United States Controls (USC), a market leader in precision roll cooling systems for the aluminum and steel industries.

