▶Subscribe to the Steel News Rewind Newsletter

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.

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.

For the Moment, Steelworkers to Remain on the Job at U. S. Steel, ArcelorMittal

04 September 2018 - The United Steelworkers has agreed to contract extensions with ArcelorMittal USA and United States Steel Corporation as union employees continue to negotiate new labor deals with the integrated steelmakers.

POSCO Plans Multibillion Investment in Steel Plants

04 September 2018 - The world’s fifth-largest steelmaker said it is planning to invest the equivalent of US$23.2 billion in its steel plants over the next five years as part of a broader capital spending program.

Primetals Technologies Bags Order for Wire Rod Mill

04 September 2018 - JSW Steel has awarded a contract to Primetals Technologies for a new wire rod mill to be built at the steelmaker’s Vijayanagar works in India.

thyssenkrupp Reveals Plans for 10th Galvanizing Line

04 September 2018 - thyssenkrupp will add a new hot-dipped galvanizing line to its Dortmund plant in Germany, the company has said.

Hopes Buoyed for U.S.-Canada NAFTA Deal

30 August 2018 - Trade negotiations between the U.S. and Canada have taken a turn for the better, with officials on both sides suggesting that they think they can come to terms on a new North American Free Trade Agreement by Friday.

Page 148 of 405

View Latest Steel News