Latest News
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.
Union Members OK New AK Steel Labor Agreement
23 September 2019 - Members of the United Auto Workers have ratified a four-year labor agreement with AK Steel Corp., the company said on Monday.
National Steel to Build New US$500 Million Complex
23 September 2019 - Saudi Arabia’s National Steel Co. has reached an agreement to establish a US$500 million steel products plant in an Omanese free-trade zone next to the Port of Salalah, according to the English-language Muscat Daily newspaper.
Morgan Engineering Starts Work on US$5 Million Headquarters
23 September 2019 - Morgan Engineering broke ground on its new Alliance, Ohio, USA, headquarters on 18 September, the company has announced.
POSCO Aims to Supply Emerging Market for Maritime Sulfur Scrubbers
19 September 2019 - South Korean steel giant POSCO is bringing to market a super alloy stainless steel designed for sulfur scrubbers installed on ocean-going vessels.
Primetals Technologies, Tata Steel Europe Commission Automation System – From Afar
19 September 2019 - Primetals Technologies and Tata Steel Europe reached a first in their 50-year relationship – Primetals Technologies remotely commissioned a new level 2 automation system for a caster.
Liberty Steel to Begin EUR400 Million Expansion of European Steel Works
19 September 2019 - Sanjeev Gupta, Liberty Steel founder and international metals and industrial entrepreneur, pledged EUR400 million over five years to build Liberty Steel’s newly acquired European steel works into a major force in the global steel industry.
Nucor, SDI Say Lower Steel Prices Likely to Weigh on Q3 Profits
18 September 2019 - Steel Dynamics Inc. and Nucor Corp. are forecasting lower third-quarter profits on account of declining steel prices.
BILSTEIN GROUP Nears Completion on German Cold Rolling Mill
18 September 2019 - German cold-rolled products maker The Bilstein Group is preparing to commission a new wide quarto reversing mill in Germany, a facility it calls one of the most technologically advanced worldwide.
thyssenkrupp Spin-Off to Focus on IOT Solutions
18 September 2019 - thyssenkrupp has created a new consulting and technology services company intended to help others undertake their own digital transformations.
Midrex Technology Selected for H2-Based Iron Reduction Plant
17 September 2019 - The world’s largest steelmaker has chosen Midrex Technologies to build a demonstration-scale, ironmaking plant that uses hydrogen reduction.
Stelco Cuts the Ribbon on CA$30 Million Batch Anneal Plant
17 September 2019 - Stelco on Monday marked the opening of its new CA$30 million batch anneal facility, a project that has expanded the range of cold-rolled products the Canadian steelmaker is able to offer.
New Caster Planned for Nucor Bar Mill
17 September 2019 - Nucor Corp. has unveiled plans to invest an additional US$40 million in it is Kankakee bar mill in Illinois, where it already is installing a new merchant bar mill.
Turkish Producer Plans New Blast Furnace
17 September 2019 - The board at Turkey's Kardemir has OK'd plans to build a new blast furnace, a move that will lift the company's hot metal capacity by 1 million metric tons, the company has said.
Timken to Acquire BEKA Lubrication
17 September 2019 - The Timken Co. has reached an agreement to acquire automatic lubrication systems manufacturer BEKA Lubrication for approximately US$165 million in cash and debt, Timken said on Monday.
Triple-S Steel Buys Shamrock Steel to Expand Customer Base
12 September 2019 - Houston-based structural steel supplier and fabricator Triple-S Steel Holdings Inc. has acquired the assets of Shamrock Steel Sales for an undisclosed amount.
British Steel Chief Executive Steps Down
12 September 2019 - Gerald Reichmann has stepped down as British Steel’s chief executive as the company's receiver and would-be buyer Ataer Holdings work toward completing a sale, reports The Grimsby Telegraph newspaper.
Danieli to Supply New Quench and Self-Temper Line to Nucor Bar Mill
12 September 2019 - Danieli will be installing a new quenching and self-tempering system at Nucor Steel’s Marion, Ohio, USA, facility, the supplier reports.
thyssenkrupp Receives Approval of Climate Targets
11 September 2019 - Science Based Targets initiative (SBTi) confirmed that with this approval, thyssenkrupp is also acting in line with the goals established at the 2015 Paris climate conference.
ArcelorMittal Joins Carbon Sequestration Project
11 September 2019 - The world’s largest steelmaker has joined a project that will explore carbon capture and storage in Europe.
O’Neal Industries Acquires Tubing Manufacturer
11 September 2019 - Service center operator and components maker O’Neal Industries Inc., has acquired the assets of a specialty tube maker for an undisclosed amount.
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