Electric arc furnace/EAF
Algoma Steel seeks government funding
The Canadian recycled-content steelmaker cites the high U.S. tariff rate as one reason it has applied to a government loan program.
More in Electric arc furnace/EAF
Global steel output drops sharply year on year
Production in China dropped nearly 4 percent in June from the previous month and by 9 percent compared with June 2024, according to the World Steel Association.
Danieli will equip new Australian rebar mill
Alter Steel, a planned Australian recycled-content steel reinforcing bar mill, says it has signed a contract to buy electric arc furnace equipment from Danieli.
SDI’s earnings rise quarter on quarter
The recycled-content metals producer netted more than $300 million in this year’s second quarter and says its new aluminum plant is poised to produce.
BIR calls for fair standards, circular solutions in defining ‘green steel’
The organization has released a position paper that warns against “sliding scale” or “benchmarking” approaches in favor of creating conditions that enable sustainable production through various policy actions.
Liberty Steel assets face financing deadlines
While a mill in Romania has received a 30-day restructuring extension, a government bailout for electric arc furnace mills in the United Kingdom could happen this month.
Algoma EAF is up and running
Canadian steelmaker also says steel made in its electric arc furnace will be branded as Volta products.
Toyota-Tsusho completes acquisition of Radius Recycling
The business unit of the Toyota Group says the acquisition advances its circular economy initiatives and “solidifies Radius Recycling’s leadership position.”
Evraz NA to be acquired by equity firm
Connecticut-based Atlas Holdings has announced its intention to acquire recycled-content steel mills and scrapyards operated by Evraz North America.
Eriez technology strengthens the recycled steel supply chain
Metal recyclers and steel producers alike are benefitting from Eriez technology that identifies and removes copper from the steel production process.
Radius records another unprofitable financial quarter
The metals recycling company, which is in the process of being acquired, has had eight consecutive money-losing quarters.
