DRI/direct-reduced iron
Nucor still chasing 2024 profit levels
The steelmaker and metals recycling company nonetheless netted more than $600 million in the second quarter of this year.
More in DRI/direct-reduced iron
Tariff views diverge between steel and aluminum sectors
While the Steel Manufacturers Association supports a tariff increase to 50 percent, the Aluminum Association urges reconsideration regarding that metal.
Advocacy groups question ‘green’ label for coal in steel production
Coalition of 30 nonprofit groups says a Japanese request to use a “mass balance” approach to calculate carbon in steel should be rejected.
Anticipate and adapt
The U.S. EAF steel industry investment flywheel continues building market-competitive capacity.
Metso to divest Ferrous business to SMS Group
SMS Group says the transaction includes technologies it aims to develop further to benefit customers, support the green steel strategy and strengthen its service portfolio.
BIR World Recycling Convention 2025: Recycled steel usage stalls in 2024
Despite increased global electric arc furnace market share, most major steel-producing nations melted less ferrous scrap last year compared with 2023.
Forging a greener future
India is poised to strengthen its position in the global metal recycling and steel manufacturing landscape.
More pluses than minuses
The American steelmaking technology conversion process was painful for workers and shareholders, but investments have outweighed mill closures.
VP Vance, EPA’s Zeldin tour Nucor mill
In visit to South Carolina steel mill, Trump administration officials say changes to emissions standards can assist the American steel industry.
Nucor earnings drop from early 2024 level
The company’s first-quarter 2025 net income of $156 million is about 18 percent of what it earned in early 2024.
Hydnum EAF mill in Spain receives funding
Investors behind proposed electric arc furnace steel mill receive more than $65 million from Spanish government decarbonization fund.
