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AIST's Steel News provides the steel community with technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

American Zinc Names Former AIST President as CCO

23 June 2020 - AIST past president and industry veteran William Breedlove has joined the senior leadership at American Zinc Recycling (AZR), an environmental services provider.

Supreme Court Passes on Section 232 Challenge

23 June 2020 - The U.S. Supreme Court has declined to hear a challenge to President Donald Trump’s Section 232 tariffs on steel and aluminum imports, an action that leaves the controversial tariffs in place.

World Steel Sees Recovery in 2021

20 June 2020 - Steel producers throughout the world generally should see demand pick back up in 2021, but it could take at least two years for it to return to pre-pandemic levels, according to a World Steel Association (worldsteel) economic forecast.

Stelco, DTE to Build Cogen Plant

19 June 2020 - Stelco Inc. is partnering with DTE Energy Services Inc. on construction of a 65-MW cogeneration plant at the steelmaker’s Lake Erie Works in Ontario, Canada, Stelco has announced.

SDI Issues Q2 Guidance

19 June 2020 - Steel Dynamics Inc. (SDI) expects to report second-quarter earnings in the range of 29 cents to 33 cents per share, but is looking for business to improve as steel-consuming businesses resume operations.

Nucor: Q2 Likely to Be Better Than Expected

18 June 2020 - Nucor Corp. is forecasting second-quarter earnings of 10 cents to 15 cents per diluted share, a better-than-expected result that is supported in part by non-residential construction demand, the company said Thursday.

IAC Secures Ancillary Equipment Order From New SDI Mill

18 June 2020 - Kansas-based Industrial Accessories Co. (IAC) recently was awarded contracts to install certain ancillary components of Steel Dynamics Inc.’s new flat-rolled mill in Texas.

Refractories Manufacturer to Open Kentucky Plant

17 June 2020 - The North American subsidiary of Chinese refractories maker PRCO is setting up its first U.S. plant and could begin production by the end of the year, according to an announcement from Kentucky Gov. Andy Beshear.

Flat-Rolled Demand Is Beginning to Improve, U. S. Steel Says

17 June 2020 - United States Steel Corporation expects to report a second-quarter loss, but said it believes the quarter will mark the bottom of this year’s COVID-19 downturn.

Big River Steel Announces Partnership With Koch Metallics

17 June 2020 - Big River Steel has signed an agreement that will make a Koch family business the steelmaker’s exclusive metallics procurement agent.

Primetals Technologies Adds Three New Users of Caster Software

17 June 2020 - Primetals Technologies has sold its third subscription license for its continuous casting process optimization software in recent months, the company reports.

Report: JSW Steel Putting Ohio EAF Back Into Service

16 June 2020 - JSW Steel is restarting its Mingo Junction hot rolling mill and electric arc furnace this week following a shutdown that began in mid-April, reports commodities news and pricing service S&P Global Platts.

Morgoil Bearings Moves to New Home

15 June 2020 - Primetals Technologies has moved its Morgoil Bearings business from its long-standing home in Massachusetts to a 300,00-square-foot facility in Warren, Ohio, USA, the company has announced.

Aditya Mittal Joins ArcelorMittal Board

15 June 2020 - Aditya Mittal, ArcelorMittal chief financial officer and likely successor as chief executive, has been elected to the company’s board of directors.

China Closes in on Production Milestone

15 June 2020 - Through the first five months of 2020, China’s steel production is on pace to cross the 1-billion-metric-ton threshold this year, reports commodities news and pricing service Argus Media.

MMK Mill Breaks Monthly Production Record

15 June 2020 - A PJSC Magnitogorsk Iron and Steel Works sheet mill rolled more than 500,000 metric tons in May and set a new company record in the process.

GFG Alliance Accelerates Carbon Reduction Investment Plans

12 June 2020 - GFG Alliance is stepping up investment plans but will seek cost savings and efficiency gains throughout its global operations as it looks to adapt to a new environment.

Analyst: EAFs Likely to Gain Global Market Share

12 June 2020 - Electric arc furnaces (EAFs) could account for slightly for more than one-third of market share by 2040 as steelmakers come under increasing pressure to reduce carbon emissions, reports Kallanish Steel.

China Pulls Further Ahead in Steel Production

11 June 2020 - The novel coronavirus pandemic is helping China widen its lead as the world’s largest steel producer, reports The (London) Financial Times.

Report: U. S. Steel Restarts Idled Furnace

11 June 2020 - United States Steel Corporation has put the No. 1 blast furnace at its Mon Valley Works back into service, reports commodities news and pricing service Argus Media.

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