News

SMS Group has successfully upgraded Level 1 automation and HMI systems for three downcoilers at Thyssenkrupp Steel Europe's Duisburg hot strip mill, enhancing efficiency and digital readiness.

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US steelmaker Nucor anticipates higher Q1 2026 earnings due to robust order backlogs, declining imports under Section 232 tariffs, and strategic expansions including a new West Virginia sheet mill.[1]

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SMS Group has successfully upgraded Level 1 automation and HMI systems for three downcoilers at Thyssenkrupp Steel Europe's Hot Strip Mill No. 1 in Duisburg, Germany, enhancing operational efficiency and digital readiness.

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U.S. Steel has obtained regulatory approval from the Allegheny County Health Department to construct a $100 million slag recycling facility, enhancing sustainable waste management practices in steel production.

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The European Commission welcomes the initiation of trilogue negotiations on a new steel regulation to protect the EU industry from global overcapacity.

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U.S. raw steel production increased 6.6% year-over-year to 1.817 million net tons for the week ending February 21, 2026, operating at 78.5% capability utilization.

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SMS group has finalized the upgrade of Level 1 automation and HMI systems for three downcoilers at Thyssenkrupp Steel Europe's Hot Strip Mill No. 1 in Duisburg, Germany, enhancing operational efficiency and digital readiness.

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US steelmakers like Steel Dynamics and Cleveland-Cliffs have increased prices significantly in response to doubled tariffs on imports, boosting domestic production amid declining imports.

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European steel producers call on the European Commission to address high electricity costs amid upcoming industrial production law.

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Barry Zekelman highlighted critical tariff loopholes flooding the US with pipe and tube imports and urged adoption of small-scale nuclear power amid grid strains from data centers.

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