Metal Industry News

Canadian steelmaker Stelco Holdings is among the pursuers of U.S. Steel Corp., Bloomberg reported. The U.S. steel producer announced in August it was considering various options for the company’s future.

DEACERO will invest $1 billion in the next three years to build a new steel mill in Ramos Arizpe in Mexico. Additional moneies will be spent to acquire machinery and equipment to strengthen then operation of its current plants in Saltillo, in Coahuila, and in its Celaya Industrial Complex, in Guanajuato.

Mercedes-Benz has signed an agreement with Steel Dynamics Inc. to source more than 50,000 metric tons of CO2-reduced steel annually for its plant in Tuscaloosa, Ala. The agreement marks another crucial milestone toward decarbonizing its global steel supply chain, the German automaker said.

After months of threats, the United Autoworkers formally began a strike against the Detroit 3 automakers Friday, Sept. 15. The strike began at select plants operated by General Motors, Ford and Stellantis.

Array Technologies, a leader in utility-scale solar tracking solutions,, has signed a long-term agreement with Steel Dynamics to provide a fixed supply of coil for Array’s U.S. projects.

U.S. Steel Corporation reacted quickly to the strike called by the United Autoworkers, idling its remaining blast furnace at its Granite City Works facility in Illinois.

U.S. Steel addressed the possible sale of the company in a letter to shareholders. The steelmaker acknowledged receiving multiple unsolicited proposals.

Nucor has broken ground on a new rebar micro mill in Lexington, N.C. The new facility is expected to produce 430,000 tons of rebar annually.

Ternium, a manufacturer of flat and long steel products, has selected Fives to design and supply the company’s galvanizing line for its plant in Pesquería, Mexico.

The United Autoworkers prepared for a strike against the Big Three automakers. The current bargaining agreement expires Sept. 14.