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.

voestalpine CEO Formally Hands Off Baton to Successor

08 July 2019 - voestalpine veteran Herbert Eibensteiner has taken the reins as the company’s new chief executive officer (CEO) and management board chairman.

U.S. Sets Preliminary Anti-Circumvention Duty on Certain Vietnamese Steels

08 July 2019 - The U.S. Department of Commerce is imposing new duties on certain cold-rolled and corrosion-resistant steels from Vietnam, arguing that exporters are trying to circumvent fair trade measures by routing substrate from Korea and Taiwan through Vietnam.

Mississippi Lime Expands Through Acquisition

08 July 2019 - Mississippi Lime Co. is acquiring a Calera, Ala., lime processing facility for US$135 million in cash.

Potential Buyers Lining Up to Acquire British Steel

08 July 2019 - The court-appointed receiver overseeing the sale of British Steel says there are several viable offers for the business, but that a sale likely will take some time to complete, reports The Guardian newspaper.

Global Steelmaking Capacity Could Grow as Much as 5% by 2021

02 July 2019 - Global steelmaking capacity declined slightly in 2018, but projects that are underway now or have been proposed could bring about more than 100 million metric tons of new capacity over the next three years, according to Organisation for Economic Co-operation and Development.

Liberty Finalizes Acquisition of European Mills

02 July 2019 - Sanjeev Gupta’s Liberty Steel has closed on its EUR740 million acquisition of several ArcelorMittal Europe steel plants, completing a deal that establishes Liberty as one of the biggest steelmakers in the continent.

Investors Look to Revive Former U. S. Steel Tube Mill

02 July 2019 - A group of investors has acquired a dormant tube mill in Bellville, Texas, and plan to resume production in the third quarter of this year.

Thyssenkrupp Labor Leaders Call for Definitive Post-Merger Plan

27 June 2019 - Thyssenkrupp labor unions are demanding that the company develop a clear strategy for its steel unit now that plans to merge it with Tata Steel’s European strip business have fallen apart, the Reuters news service reports.

Danieli Awarded Bar Mill Contract, Completes Upgrade to Wire Rod Plant

27 June 2019 - China's Minyuan Iron & Steel Group has ordered a high-speed, high-capacity rebar mill from Danieli, the equipment supplier has announced.

SDI Wins Tax Break for Mill Site

27 June 2019 - A Texas school board has greenlighted a tax incentive plan for Steel Dynamics Inc., seemingly clearing the way for a final decision on the steelmaker’s planned US$1.8 billion flat-rolled mill.

Nucor Steel–South Carolina Turns 50

27 June 2019 - With the help of elected officials and employees, Nucor Corp. this week marked the 50th anniversary of the start of its first electric arc furnace, celebrating an event that not only gave rise to the country’s largest steelmaker, but sparked a revolution in the way steel is made in the United States.

Danieli Tapped for Rolling Mill Upgrades

27 June 2019 - Peruvian steelmaker Corporacion Aceros Arequipa has awarded a contract to Danieli for two roughing mill stands, part of a second phase of upgrades to the plant.

U. S. Steel Names New CIO

27 June 2019 - United States Steel Corporation has promoted a 10-year veteran of its information technology division as chief information officer.

Alliance Steel Plans New Slitting Line

27 June 2019 - Gary, Ind.-based service center Alliance Steel Corp. has contracted Red Bud Industries for a heavy-guage slitting line.

Commercial Metals Sees Strength in Non-Res Construction, Completes Ramp-Up of New Mill

24 June 2019 - Buoyed by continuing strength in non-residential construction, long products maker Commercial Metals Company saw its fiscal third-quarter profits nearly double to US$78.4 million.

Supreme Court Won’t Hear Section 232 Challenge ... Yet

24 June 2019 - The U.S. Supreme Court has declined to immediately hear a challenge to President Donald Trump’s Section 232 steel and aluminum tariffs, ending a trade association’s effort to fast-track the case, but not the case itself.

Tata Steel Caster Set for Upgrade

24 June 2019 - Tata Steel Ltd. has signed SMS group to upgrade the continuous caster at its Compact Strip Production mill in Jamshedpur, India, the equipment supplier has said.

ArcelorMittal Progresses on New Steel CSR Certification

24 June 2019 - ArcelorMittal said Monday that it expects to launch its new corporate social responsibility certification by the end of the year.

Nucor Still Bullish on 2019

20 June 2019 - Although U.S. steelmakers might not be experiencing the degree of activity that came with the 2018 boom, the steel industry’s momentum nevertheless has carried forward, and 2019 should prove to be a solid year, said Nucor chairman and chief executive John Ferriola.