Steel news
The latest global steel industry news from the I&ST team.
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Sev.en Global Investments to invest £100 million in UK steel sector
The £100mn UK investment programme over the next four years will focus on installing a hydrogen furnace and a range of operational improvements and maintenance at 7 Steel’s electric arc furnace plant in Cardiff.
British Steel to be brought into public ownership
British Steel could be back in Government hands for the first time since being sold off in 1988, thanks to powers that will be included in new legislation to be set out in the Kings Speech on Wednesday.
US Steel invest $1.9bn to build first-of-its-kind DRI facility in the United States
This investment will eliminate the need to ship DRI to the facility and builds in a competitive sourcing advantage for Big River’s feedstock.
Pomini Tenova partners with Ingersoll Machine Tools to redefine roll grinder revamping
The aim of the partnership is to strengthen the technical support and modernization services available to the metals industry across North America
Cleveland‑Cliffs partners with Palantir Technologies to deploy AI platform
Cliffs will use Palantir’s AI technology in production planning, order entry and operational workflows to better integrate data, anticipate constraints and coordinate activities across its facilities.
Tata Steel has entered into definitive agreements with Paul Wurth for the first implementation of its EASyMelt technology
Tata Steel intends to proceed with the phased first industrial demonstration of Paul Wurth’s EASyMelt technology in blast furnace E in Jamshedpur, India
SSAB and Heidelberg Materials join forces to develop EAF slag into a binding agent
The joint project aims to develop EAF slag into an efficient and more sustainable alternative binder in cement, to reduce the climate footprint of the construction sector
Stegra has agreed in principle on a €1.4 billion financing round
Stegra has secured the financing needed to complete its flagship green-steel mill in northern Sweden.
Algoma Steel forms joint venture with armoured vehicle company Roshel
Algoma Steel Group has signed a deal to form a joint venture with Canadian armoured vehicle company Roshel.
Hatch supports UK Government in publishing steel strategy report
A comprehensive 150‑page assessment reveals the long‑term demand, production capacity, and supply chain opportunities shaping the future of UK steel.
SSAB opens new steel service center in Mumbai
SSAB has opened a new steel service center in Mumbai, India dedicated to producing and supplying parts, kits and advanced components made from Hardox wear plate and Strenx performance steel
7 Steel UK welcomes Government Steel Strategy
The UK government has made a clear commitment to support the UK steel industry with its new Steel Strategy
First Japanese steelmaker to be certified by Global Steel Climate Council
Yamato Kogyo is the first Japanese steelmaker to lead steel industry decarbonisation in alignment with international standards
PrometalBakli orders 3500 tonnes of Outokumpu Circle Green stainless steel
PrometalBakli , a tinplate and stainless steel service centre in Greece with operations in Spain and Poland, has placed an order for 3500 tonnes of Outokumpu Circle Green stainless steel – said to be the largest single commitment to certified low-carbon stainless steel in the market to date.
voestalpine Railway Systems secures orders worth €500m to supply major German and Swiss national railway projects
Deutsche Bahn and Schweizerische Bundesbahnen turn to rail infrastructure systems from voestalpine
BAHAGIA STEEL orders new twin-strand HSD rebar line from SMS group to meet growing construction steel demand in Indonesia
The new twin-strand HSD rebar line will process reinforcing steel in the 5.2 to 32mm diameter range at speeds of up to 45 meters per second
Systems Spray-Cooled receives order from Pacific Steel Group
Systems Spray-Cooled received an order from Pacific Steel Group for the design and supply of Spray-Cooled equipment for its new EAF project located in Mojave, California.
Advanced automation drives Orrcon Steel Manufacturing
Orrcon Steel, an Australian tube manufacturer and part of BlueScope, is achieving high performance with a fully automated OTO tube mill from Fives.
Steel industry warns EU high electricity prices threaten Europe’s economic competitiveness
The European Steel Association (EUROFER) has backed a call to action adopted by European companies and industries in Antwerp, which includes a demand on the EU to take urgent action to bring electricity prices down as a condition for Europe’s industrial drive, competitiveness and economic resilience.
Systems Refractory Solutions launches to advance refractory maintenance services in steel mills
The launch of Systems Refractory Solutions reflects an increasing demand within the metals industry for dedicated refractory expertise — an area that is critical to the uninterrupted operation of steelmaking infrastructure.

