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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.
Voith, Moog Launch New JV
11 May 2020 - Electric and hydraulic drives manufacturers Voith Group and Moog Inc. are forming a joint venture that will focus on hydrostatic servo-hydraulics.
ArcelorMittal: China’s Excess Steel Inventory Hasn’t Hit the World Market
11 May 2020 - China so far appears to be absorbing the massive steel volumes that piled up during its COVID-19 lockdown, alleviating some of the fears that its excess steel would flood world markets, ArcelorMittal executives said.
Big Parts, Big Plans: Equipment Deliveries Begin for Strip Mill Upgrade
07 May 2020 - NLMK Group’s La Louvière plant has begun receiving major components for its EUR150 million hot strip mill upgrade, the steelmaker reports.
Fiat Chrysler Plans for May Restart
07 May 2020 - Fiat Chrysler Automobiles (FCA) is looking to resume production at its North American plants in a little more than a week, reports Wards Auto.
GOES Transformer Components Focus of New Section 232 Investigation
06 May 2020 - The U.S. Commerce Department will investigate whether imports of transformer laminations and wound cores pose a national security risk to the U.S.
Tata Steel Leads U.K. Decarbonization Effort
06 May 2020 - With the goal of creating the world’s first net-zero industrial cluster, Tata Steel is a leading member of the South Wales Industrial Cluster (SWIC), working to shape regional efforts to decrease carbon emissions.
AK Steel to Close Parts of Michigan Facility
06 May 2020 - AK Steel will permanently close parts of its Dearborn Works in Michigan this summer, according to reports.
Turkish Mill Signs PSIMetals for MES Upgrade
06 May 2020 - Turkish flat and long steel producer Metalurji A.Ş. has contracted PSIMetals to upgrade its manufacturing execution system (MES), the metals production management software developer announced.
Tata Steel Leaves Steel Association
04 May 2020 - Tata Steel is withdrawing from the Indian Steel Association and the company’s chief executive is resigning his post as the association’s president, according to reports.
Italian Steelmaker Installs Automated Tagging System
04 May 2020 - Italy’s Automazioni Industriali Capitanio (AIC) has wrapped up installation of a new bundle tagging system for rebar maker Ferriera Valsabbia.
Stelco Looks to Acquire Stake in Iron Ore Mine
01 May 2020 - Stelco is buying an option on a 25% stake in United States Steel Corporation’s Minntac iron ore mine and has signed a new contract to buy pellets from the steelmaker over the next eight years.
Tenaris Begins Restart of Italian Plants
01 May 2020 - Pipe and tube maker Tenaris is gradually restarting its Italian operations, but with strict safety measures firmly in place, the company reports.
AISI Confident Infrastructure Funding to be Part of COVID-19 Relief
01 May 2020 - Infrastructure funding should be a part of a COVID-19 relief, and will likely be so, American Iron and Steel Institute chief executive Tom Gibson tell S&P Global Platts.
Coronavirus Intensifies Debate Over EU Steel Import Limits
01 May 2020 - The coronavirus pandemic has changed the backdrop of the debate over the EU’s steel import safeguard measures and will raise the stakes in a review of the measure’s import limits, reports the Bloomberg news service.
Report: Process Route Decisions Loom for European Steelmakers
30 April 2020 - To meet the European Union’s 2050 carbon neutrality goal, the European steel industry will have to make some very big and very expensive technology investment decisions in the next five to 10 years, according to a new report from the German strategy consultant Roland Berger.
As China’s Economy Reopens, Steel Inventories Begin to Fall
30 April 2020 - China has started to work down its record steel inventories that built up during the country’s coronavirus lockdown, according to the World Steel Association.
Despite Market Difficulties, JSW Steel Presses On With U.S. Improvements
30 April 2020 - JSW Steel’s U.S. operation is advancing efforts to upgrade its mills in Ohio and Texas, reports commodities news and pricing service Argus.
Gerdau Certifies Danieli-Led Furnace Upgrade
30 April 2020 - Gerdau has signed off on an upgrade to a furnace at its Divinopolis plant in Brazil, reports Danieli, the project contractor.
Former Obama Administration Official Named to U. S. Steel Board
30 April 2020 - United States Steel Corporation has elected former U.S. Homeland Security Secretary Jeh C. Johnson to its board of directors.
POSCO Commissions New Coiler at Hot Strip Mill
28 April 2020 - POSCO’s Gwangyang works in South Korea recently wound the first coils on a newly installed coiler at its No. 4 hot strip mill.
