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.
Ryerson Expands Through US$140M Acquisition
06 June 2018 - Steel processor and distributor Ryerson Holding Corp. has reached to a deal to acquire a metal service center with locations in the eastern and central United States.
Tenova Bags Orders for Two EAFs
06 June 2018 - China’s Shandong Laigang Yongfeng Steel Corp. has awarded a contract to Tenova for the retrofit of two new electric arc furnaces at its plant in Dezhou City, Shandong Province.
Citing Section 232 Tariffs, U. S. Steel Says it Will Restart Another Idled Blast Furnace
05 June 2018 - United States Steel Corporation is planning to restart the second of two blast furnaces at its Granite City works in Illinois and rehire 300 people, the company announced on Tuesday.
Steel, Aluminum Industries Respond to Section 232 Decision
01 June 2018 - The steel and aluminum industries are weighing in on the Trump administration's decision to impose the Section 232 tariffs on imports from Canada, Mexico and the European Union. Here's what they're saying:
EU to Move Ahead with Tariff Complaint at WTO
01 June 2018 - The European Union said it is filing a complaint with the World Trade Organization over the U.S. decision to impose the Section 232 tariffs on steel and aluminum.
Anger Over Steel Tariff Decision Overshadows G-7 Meeting
01 June 2018 - The Trump administration’s decision to impose the Section 232 steel and aluminum tariffs on Mexico, Canada and the European Union has supplanted the agenda at a G-7 meeting of central bankers and finance officials in Canada, reports the Bloomberg news service.
USW: Section 232 Tariff on Imported Canadian Steel is 'Unacceptable'
01 June 2018 - The United Steelworkers union slammed the Trump administration for imposing the 25% tariff on imported Canadian steel, saying that it is unacceptable to subject America’s closest ally to a measure pegged to national security.
House Speaker Breaks With Trump Administration on Section 232 Tariff
01 June 2018 - House Speaker Paul Ryan has come out against the Trump administration’s decision to subject the country’s closest allies to the Section 232 steel and aluminum tariffs.
EU, Canada and Mexico Will Face 25% Steel Tariff
31 May 2018 - The Trump administration is going ahead with its 25% tariff on steel imports from Mexico, Canada and the European Union and will begin assessing it on Friday.
Indian, Australian Companies Agree to Develop Lignite-Based Iron Plant
31 May 2018 - An Australian company has signed a master development agreement with India’s state-owned iron ore and lignite producers to build a new type of ironmaking plant in the state of Tamil Nadu.
Italian Company Bags Orders for Three New Furnaces
31 May 2018 - Two North American steelmakers have awarded contracts to Italian furnace builder Forni Industriali Bendotti for new reheat furnaces.
AK Steel Rolls Out New Electrical Steel
31 May 2018 - AK Steel Corp. is bringing to market a new family of high-permeability grain oriented electrical steels (GOES) designed for high- and ultrahigh-voltage transformers.
ArcelorMittal North America Executive Announces July Retirement
29 May 2018 - ArcelorMittal North America chief executive Robrecht Himpe will retire this summer, concluding a 37-year career with the company and a predecessor.
Synalloy Expands on Marcegaglia U.S. Pipemaking Acquisition
29 May 2018 - Stainless and alloy pipe maker Bristol Metals LLC is rounding out its acquisition of Marcegaglia’s U.S. manufacturing operation, acquiring its galvanized tube operations near Pittsburgh, Pa., USA for US$10 million. The company also is acquiring the physical plant through a separate sale-leaseback arrangement for an additional US$10 million.
Investment Firm Takes Another Shot at Acquiring Boiler Maker
25 May 2018 - Boiler and pollution control systems maker Babcock & Wilcox Enterprises Inc. said it is reviewing a nonbinding offer for the business from its largest shareholder, Steel Partners Holdings.
TMK Remains Committed to Public Offering for IPSCO Shares
25 May 2018 - Despite having canceled an initial public offering for its U.S. subsidiary, Russian pipe and tube maker TMK said it still intends to take IPSCO Tubulars public.
Trailer Manufacturer Claims Swedish Steel Prize
25 May 2018 - SSAB has awarded the 2018 Swedish Steel Prize to Italian trailer manufacturer Mantella for its innovative rear-tipping semi-truck trailer.
Here's How Much the Steel Industry Generates for the U.S. Economy
24 May 2018 - The iron and steel industry contributes more than US$520 billion to the U.S. economy and supports more than 1 million jobs at steel facilities and industry suppliers, according to an economic impact study commissioned by the American Iron and Steel Institute.
SSAB Floats Product Data into the Cloud
24 May 2018 - SSAB is rolling out a new service that provides customers with cloud-based traceability and documentation of the steel they buy.
India Nears Completion of Scrap Steel Policy
24 May 2018 - India is finalizing a national steel scrap policy and plans to open 20 scrapyards as it moves toward lifting steel production to 300 million metric tons annually, reports the Press Trust of India.
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