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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.

Gupta Pledges Multi-Million-Euro Investment in Romanian Steel Works

12 November 2018 - Sanjeev Gupta’s Liberty House Group is promising to invest EUR300 (US$337 million) in a Romanian steel works it is acquiring from ArcelorMittal, according to a Romanian publication.

Baosteel Fires Up 200K-Metric-Ton Tinning Line

12 November 2018 - China’s Baoshan Iron and Steel Co. Ltd. has started up a new, highly automated electrolytic metallic coating line at its facility in Shanghai, according to the equipment supplier.

Usha Martin Shareholders OK Tata Sale

12 November 2018 - Shareholders of Indian wire rope manufacturer Usha Martin Ltd. have signed off on Tata Steel’s planned acquisition of the business, The Hindu Business Line newspaper reports.

POSCO Contracts SMS group for Wire Rod Mill Improvements

12 November 2018 - SMS group has been awarded a contract to upgrade the wire rod mill at POSCO’s Pohang works in South Korea, the equipment supplier has announced.

Trade Group: Section 232 is Producing Intended Results

08 November 2018 - The Section 232 steel and aluminum tariffs have driven US$8.2 billion in capital investments and have allowed for the creation or restoration of around 7,000 jobs, the president of the Alliance for American Manufacturing trade group said Thursday.

Big River Rolls On – On Its Own

08 November 2018 - Big River Steel, the technology company that happens to make steel, will be doing so independently, the company has said.

KOCKS Wins Contract for South Korean Bar Mill Improvements

06 November 2018 - POSCO has contracted with German rolling mill specialist KOCKS for upgrades to a bar mill, the company has said.

Japanese Mill Launches Production of Spooled Rebar

06 November 2018 - Japan’s Topy Industries Ltd. has started up its new spooled rebar line and a new finishing block at its Toyohashi bar plant, reports the equipment supplier on the project.

Commercial Metals Co. Completes US$600M Acquisition of Gerdau Long Mills

05 November 2018 - Gerdau has finalized its sale of four U.S. mini-mills and nearly three dozen rebar fabrication shops to Texas-based Commercial Metals Co., the steelmaker said on Monday.

Nippon Steel Slates Blast Furnace Reline, Coke Oven Overhaul

05 November 2018 - Nippon Steel & Sumitomo Metal Corp. said it plans to spend the equivalent of US$812.6 million to reline a blast furnace at a steel works in northern Japan and refurbish a coke oven battery in southern Japan.

Report: U.K. Steelmaker Eyes Up Pennsylvania Wire Processor

05 November 2018 - British Steel is said to be looking at buying Pennsylvania’s Johnstown Wire Technologies, the (London) Financial Times reports.

Steelworkers Announce Tentative Agreement with ArcelorMittal

02 November 2018 - The United Steelworkers union has reached a tentative labor agreement with ArcelorMittal USA, the union said on Friday.

Liberty House Expands Roster of Mills Yet Again

02 November 2018 - Metals entrepreneur Sanjeev Gupta and his Liberty House Group have reached a conditional agreement to buy two cold mills and other assets from ArcelorMittal, a strategic acquisition that expands the growing company’s presence in Europe.