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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.

Global Steel Production Is Up. Here's How Much.

26 July 2018 - Global crude steel production rose 881.4 million metric tons in the first half of 2018, reports news and pricing provider S&P Global Platts. 

U.S., EU Hope to 'Resolve' Steel Tariffs

26 July 2018 - U.S. President Donald Trump and European Commission President Jean-Claude Juncker announced Wednesday that the two economies would work toward removing tariffs on industrial and goods and “resolve” the 25% steel tariffs imposed by the U.S. 

Italian Government Launches Examination of Ilva Bidding

25 July 2018 - The Italian government has opened a review into the bidding process for Ilva and could potentially rescind its agreement to sell the business to ArcelorMittal, reports Kallanish Commodities.  

Danieli Awarded Contract for Chinese Micro-Mill

25 July 2018 - Chinese steelmaker Guilin Pinggang Iron & Steel has ordered a Danieli micro-mill, handing the equipment supplier its 15th order globally for such facilities.  

Red Bud Industries Lands Order for Coil Processing Line

25 July 2018 - Red Bud Industries has won an order for a 60-inch, high-speed slitting line from an Illinois-based service center, the coil processing equipment manufacturer has announced. 

Steel Dynamics Working on Deal for Idled Mill in Kentucky

24 July 2018 - Steel Dynamics Inc. is planning to acquire a shuttered bar mill in Kentucky, chief executive Mark Millett said Tuesday. 

Timken Expands Power Transmission Business With Cone Drive Acquisition

24 July 2018 - The Timken Co. is acquiring precision drives manufacturer Cone Drive for an undisclosed amount, it announced on Tuesday. 

Steelworkers, ArcelorMittal Get to Work on New Contract

24 July 2018 - Despite the overall health of the steel industry, the United Steelworkers union and ArcelorMittal USA appear to have some difficult bargaining sessions ahead of them as they begin work on a new labor contract, reports The Times newspaper of northwest Indiana. 

Cleveland-Cliffs Expects Heavier Iron Ore Pellet Sales

23 July 2018 - Iron ore miner Cleveland-Cliffs Inc. has revised up its full-year sales forecast, saying that it now expects to sell 21 million long tons’ worth of pellets on account of healthy demand.

Steelmaker Places Order for Unmanned Crane System

23 July 2018 - POSCO ICT, the IT and engineering subsidiary of South Korean steelmaker POSCO, has signed an agreement to supply an autonomous crane system to a Chinese steel plant.

Ohio Steel Processor Announces Expansion

23 July 2018 - Coil processor Fulton County Processing will add a fourth slitting line to its Delta, Ohio, facility, increasing its overall capacity to 1.2 million tons annually, the company has announced.

China Takes a New Tack on Air Pollution Reduction

23 July 2018 - China plans to set varying production cuts among its steel mills as it adopts a more tailored approach to reducing air pollution, reports the Reuters news service.

India Steel Ministry not concerned about U.S. tariffs . . . yet

20 July 2018 - The India Steel Ministry said that the U.S. tariffs do not pose an “immediate threat” to their domestic industry.

VW ready to boost U.S.-sourced steel at Chattanooga plant

20 July 2018 - Dean Geanacopoulos, Volkswagen Group of America (VWGoA) senior executive vice president of public affairs and public policy, said the company is planning to increase their use of steel produced in the United States at its Chattanooga production plant.

DBM Global to open steel fab facility in South Carolina in 2018.

20 July 2018 - Schuff Steel Company, a subsidiary of DBM Global Inc., announced Thursday that it had completed the acquisition of a steel fabrication facility in Rock Hill, South Carolina.

How was your second quarter? Nucor’s was historic

20 July 2018 - Nucor Corporation announced their highest second quarter earnings in the company’s history on Thursday, with consolidated net earnings of US$683.2 million, or US$2.13 per diluted share.

Creditors Approve Liberty House’s Acquisition of Indian Steel Plant

19 July 2018 - UK-based Liberty House Group has received creditor approval to acquire Adhunik Metaliks, an integrated steel plant located in eastern India.

New Steel Wire Plant Celebrates Grand Opening

19 July 2018 - Nippon Steel & Sumikin Cold Heading Wire Indiana Inc. (NSCI) hosted an opening ceremony for its brand-new facility in Shelbyville, Ind., USA, on Wednesday.

German Producers Face Fines in Price Collusion Case

18 July 2018 - German competition regulators have fined more than a dozen people and companies a total of EUR205 million for fixing engineering and stainless steel prices.

European Commission Institutes Import Quota on 23 Steel Products

18 July 2018 - The European Commission has put in place provisional safeguard measures aimed to control the flood of steel imports now arriving in the European Union as a result of U.S. tariffs.

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