Open / Close Advertisement

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.

British Steel Announces Layoffs

14 September 2018 - U.K.-based long products producer British Steel said on Friday that it will eliminate 400 managerial, professional and administrative positions in an effort to cut costs and provide for long-term growth. 

Tenova R&D Programs Aim to Bring Steelmaking Further Into Industry 4.0

14 September 2018 - Tenova has announced that it is participating in three publicly funded research and development initiatives aimed at incorporating Industry 4.0 concepts into steel manufacturing and reducing environmental impacts. 

SMS group Wins Order for Bar Mill

14 September 2018 - With an eye to expanding its long products portfolio, Cameroon’s Prometal Aciérie has awarded a contract to SMS group for a 300,000-ton rolling mill, SMS group has announced. 

ArcelorMittal Plant Re-Signs Harsco for Mill Services

14 September 2018 - Mill contractor Harsco Corp. has signed a 10-year contract renewal with ArcelorMittal Tubarão in Brazil, the company announced Thursday. 

U. S. Steel Lays Revised USW Offer on the Table

12 September 2018 - United States Steel Corporation has made a revised offer to the United Steelworkers union, saying it is now proposing to incrementally increase base wages by 14% over the life of the deal. 

East Coast Mills Suspend Operations in Advance of Hurricane Florence

12 September 2018 - Steel mills in the path of Hurricane Florence are bracing for the storm’s landfall and are shutting down equipment and suspending operations, reports commodities pricing and news service S&P Global Platts. 

ArcelorMittal Raises Offer for India’s Essar Steel

12 September 2018 - ArcelorMittal has put a new offer on the table for Essar Steel India Ltd., bidding the equivalent of US$5.8 billion for the bankrupt steelmaker, according to media reports. 

Bar Processor Plans Major Upgrades to Indiana Facility

10 September 2018 - U.S.-based bar processor and seamless tube manufacturer Specialty Steel Works Inc. (SSWI) has announced a multi-million-dollar investment at its Niagara LaSalle cold-finished bar plant in Hammond, Ind.

Pacific Steel Casting Closes Doors, Begins Liquidation

10 September 2018 - Although California-based Pacific Steel Casting announced its intent to close in October 2017, an unexpected bump in orders allowed the business to keep going for another nine months. But those orders have fallen, and the 84-year-old operation has now reached the end, reports  local news website Berkeleyside. 

USW Might Seek Strike Authorizations in ArcelorMittal Talks

07 September 2018 - Negotiators with the United Steelworkers union said they’ll seek strike authorizations if they are unable to make significant progress with ArcelorMittal USA on a new labor agreement by early next week.  

Nucor Announces Plans to Double Capacity of Gallatin Sheet Mill

07 September 2018 - Nucor Corp.’s board of directors has greenlighted a US$650 million expansion of its Kentucky sheet mill, the company said on Friday. 

Zekelman Industries Sets Terms for Initial Public Offering

07 September 2018 - Pipe and tube maker Zekelman Industries has priced its initial public offering and is looking to raise approximately US$750 million.

With a Labor Deal in Hand, ArcelorMittal Nears Completion of ILVA Acquisition

06 September 2018 - ArcelorMittal expects to seal its deal for Italian steelmaker ILVA and its massive Taranto works after it reached a tentative labor agreement with ILVA’s labor unions, the company said Thursday. 

Canadian, Mexican Steel Associations Call for End to Tariffs

06 September 2018 - The Canadian Steel Producers Association and CANACERO, Mexico’s steel association, have called for an end to the Section 232 tariffs through the renegotiation of the North American Free Trade Agreement. 

Steelworkers Union Opens Labor Talks with Cleveland-Cliffs

06 September 2018 - The United Steelworkers union is kicking off contract negotiations with iron ore miner Cleveland-Cliffs Inc. as they look to replace a deal that expired 1 October. 

Report: Nucor Withdraws Bid for Shuttered DRI Plant

06 September 2018 - Nucor Corp. reportedly has withdrawn its US$20 million offer for a shuttered direct-reduced iron pant in Trinidad and Tobago after growing frustrated by government delays, the Newsday newspaper reports. 

Two U. S. Steel Executives Assigned New Posts

05 September 2018 - Two United States Steel Corporation executives will swap responsibilities in an effort to broaden their horizons, chief executive David Burritt has announced. 

Chinese Steelmaker Contracts ANDRITZ for Rolling Mill

05 September 2018 - ANDRITZ Group has secured an order for a cold mill from China’s Shougang Jingtang United Iron & Steel Co. Ltd., the Austrian plant builder has announced.

Russian Mill Breaks Hot Strip Production Record

05 September 2018 - Russia’s PJSC Magnitogorsk Iron and Steel Works (MMK) said one of its hot rolling mills set a record in July, producing nearly 528,000 metric tons during the month. 

Emirates Steel Signs Contractor for Mill Recycling Services

05 September 2018 - Mill services contractor Phoenix Services LLC has signed a long-term agreement with Emirates Steel in the United Arab Emirates, the company has announced. 

Page 146 of 403