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.
Olympic Steel Names New CEO
04 October 2018 - Ohio-based service center Olympic Steel Inc. is promoting chief financial officer Richard T. “Rick” Marabito to the chief executive role.
Swedish JV Picks Tenova Technology for Planned Hydrogen-Based DRI Plant
03 October 2018 - A joint venture that is building a pilot-scale, hydrogen-based steel mill has selected Tenova to supply key components for the facility’s direct-reduction plant.
ArcelorMittal Gives Financial Boost to Canadian University's Mining Research
03 October 2018 - Canada’s McGill University has received a CA$360,000 commitment from ArcelorMittal to fund mining and materials engineering research.
thyssenkrupp Announces Plans to Split into Two
02 October 2018 - thyssenkrupp AG’s supervisory board has unanimously approved a plan to split the company into two independent entities, one that would manage its steel and materials business and another that would focus on capital goods.
China Eliminates Wintertime Production Restrictions
02 October 2018 - China is doing away with centrally mandated, wintertime production curtailments that were meant to reduce air pollution during the winter heating season.
Tata Steel Hopes to Boost Production at Former Bhushan Steel Plant
02 October 2018 - Tata Steel is aiming to lift the capacity utilization of a newly acquired integrated sheet mill by at least 14% over the next six months.
Trump: Tariffs on Mexican, Canadian Steel Will Remain
01 October 2018 - Even as Canada and the United States have agreed to a new version of the North American Free Trade Agreement, President Donald Trump on Monday said the Section 232 tariffs on steel and aluminum will remain.
Cleveland-Cliffs, USW Agree to Four-Year Labor Contract
01 October 2018 - Iron ore miner Cleveland-Cliffs Inc. has reached a tentative, four-year labor agreement with union employees at its mines in Michigan and Minnesota.
Primetals Technologies Wins Contract for SBQ Mill Upgrades
27 September 2018 - Gerdau Special Steel North America has chosen Primetals Technologies to modernize the electric arc furnace at the steelmaker’s plant in Monroe, Mich., USA, and install a new twin-ladle furnace there.
Metals Executive to Lead SSAB Special Steel Division
27 September 2018 - SSAB has named a new director for its special steel unit, hiring away the chief executive of tool steelmaker Uddeholm AB.
JSW Steel Sites Proposed Mill in India
27 September 2018 - The Indian state of Odisha has allotted roughly 2,900 acres of land to JSW Steel for a proposed steel plant, reports the The Times of India newspaper.
Tata Expands Capacity With Usha Martin Acquisition
24 September 2018 - Indian wire rope manufacturer Usha Martin Ltd. is divesting its special steel plant and other upstream assets to Tata Steel for the equivalent of between US$589.6 million and US$644.5 million, the company has announced.
Steelworkers Report a Bit of Progress in U. S. Steel Labor Negotiations
24 September 2018 - The United Steelworkers union said it has made some progress in its contract negotiations with United States Steel Corporation and will remain at the bargaining table, for the time being.
China Steel Executive Expects to See Iron Ore Demand Flatten Due to Scrap Displacement
21 September 2018 - China bought more than 1 billion metric tons of iron ore last year, but demand will likely plateau as a governmental push to reduce pollution drives a conversion in production routes, the Reuters news service reports.
Name That Steel, and You Could Win This Valuable Prize
20 September 2018 - SSAB and Sandvik Materials Technology have asked for the research community’s help in developing a way to track steel products as they move through the value chain, from the mill to end product.
Salzgitter Plate Mill Marks the Start of Work on New Processing Line
19 September 2018 - Salzgitter AG subsidiary Ilsenburger Grobblech GmbH has broken ground on a EUR150 million heat treat line, marking the start of a project that Salzgitter says is the single largest investment in the heavy plate mill’s history.
ArcelorMittal Employees Vote to Authorize Strike
19 September 2018 - United Steelworkers members have authorized union leaders to call a strike against ArcelorMittal USA, if they deem one necessary.
Report: India Might Win Limited Section 232 Tariff Exemption
19 September 2018 - The Trump administration reportedly has agreed to exempt some Indian steel and aluminum from the Section 232 tariffs announced in March, according to The (India) Economic Times.
Zekelman Industries Halts Initial Public Offering
19 September 2018 - Pipe and tube maker Zekelman Industries has postponed its planned US$750 million initial public offering, saying that its shares weren’t fetching the price it had hoped for, reports the Windsor (Ontario) Star.
Nucor, Steel Dynamics Expect Q3 Earnings Growth
18 September 2018 - Nucor Corp. and Steel Dynamics Inc. are forecasting higher third-quarter earnings on continued strength in demand, the steelmakers have said.
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