Electric arc furnace/EAF
British Steel mill’s future up in the air
Operator of blast furnace/basic oxygen furnace mill in England has started to consult on proposed closure of its steelmaking complex.
More in Electric arc furnace/EAF
2 factors raise ferrous export questions in April
The end of Ramadan and political unrest in Turkey each could restrain enthusiasm for American ferrous scrap purchases in early April.
Recycled steel price crosses $500 per ton threshold
Steel mills in the northern U.S. have been paying $501 per ton for prompt ferrous scrap in March, according to RMDAS.
Nucor expects slimmer profits in early 2025
While Nucor expects to earn less than half of what it did the prior quarter, U.S. Steel anticipates losing money this quarter.
Politics in Turkey threaten recycled steel outlet
A high-profile political arrest in Istanbul threatens to divide a country that has divergent opinions about the president who has been in power for 11 years.
Steel Dynamics cites favorable conditions in Q1
The metals producer says its shipments volume is likely to increase compared with late last year and margins in its recycling business unit have improved.
Rebar association points to trade turmoil
Lisbon-based IREPAS says the global climate for steel rebar makers is “overwhelmed by a spiral of duties and trade measures.”
Radius to be acquired by Toyota subsidiary
Century-old metal recycling and steelmaking firm formerly known as Schnitzer Steel is being acquired by Toyota Tsusho America Inc.
Algoma EAF to start in April
Mill conversion project will start ramping up just as Canada deals with United States tariffs on inbound steel.
Pacific Steel selects Danieli as EAF equipment supplier
Italian company’s status on the project was the focus of a lawsuit between Pacific Steel and CMC earlier this decade.
EAF mill underway in California
Pacific Steel Group has broken ground on a recycled-content electric arc furnace steel mill in Southern California.
