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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.

thyssenkrupp-Tata Tie-Up on Track for June Signing

15 May 2018 - Germany’s thyssenkrupp expects to sign the agreement to merge its steel division with Tata Steel’s European strip business by the end of June, reports S&P Global Platts.

SDI Expands Flat-Rolled Operation Through US$400 Million Acquisition

15 May 2018 - Steel Dynamics Inc. said it will acquire Companhia Siderurgica Nacional’s (CSN) coil processing operation in Terre Haute, Ind., USA, for US$400 million in cash.

Nucor Sheet Mill to Receive US$240M Galvanizing Line

14 May 2018 - Nucor Corp. will build a US$240 million galvanizing line at its Arkansas sheet mill, where it already is installing a specialty cold rolling mill, and is weighing similar investments elsewhere, the company has announced.

SAIL Completes Work on New Blast Furnace

14 May 2018 - Steel Authority of India Ltd. (SAIL) last week blew in a new and larger blast furnace at its Rourkela steel plant.

Report: Tariffs Causing Downstream Steel Companies to Delay Investment Decisions

14 May 2018 - Although American steel mills are cheering the Trump administration’s Section 232 steel and aluminum tariffs, they are creating uncertainly among leaders of downstream businesses, which are postponing investments and suspending hiring and expansion plans, reports The New York Times.

Shares of Chinese Steelmakers Notch Down on Expectations of Rising Output

14 May 2018 - Rising production and falling steel prices have taken some of the financial sparkle off of China’s iron and steel industry, which had been benefiting from healthy demand and mill closures, reports the Bloomberg news service.

Danieli Sees Continuing U.S. Investment

09 May 2018 - For Italian equipment manufacturer Danieli, stable steel consumption in Europe and the U.S. is leading to contracts for upgrades and modernizations. However, conditions haven’t been right for expansive, capital-intensive projects, said Danieli board chairman Gianpietro Benedetti.

Gerdau Rounds Out Michigan Mill Overhaul with US$70.3M Investment

09 May 2018 - Gerdau Specialty Steel North America said on Thursday that it will invest US$70.3 million in its Monroe, Mich., USA, meltshop.

Tata Steel Europe Puts Non-Core Businesses Up for Sale

09 May 2018 - Tata Steel Europe said it will look to divest five niche businesses so that it can focus its efforts on its strip steel operations.

Newport: Steel Tariffs Prompting Discussions About Excess Capacity

08 May 2018 - Any criticisms of the Section 232 tariffs notwithstanding, they certainly have sparked discussions among the world’s countries on excess steel capacity, AK Steel Corp. chief executive Roger Newport said Tuesday.

Section 232 Tariffs Jeopardize European Steel Recovery, EUROFER Says

08 May 2018 - New investment and steel exports helped support healthy steel demand in the EU last year, but the U.S. Section 232 tariffs potentially could offset the gains, according to the European Steel Association (EUROFER).

Chinese Steel Exports Increase in April

08 May 2018 - China’s steel exports rose 14.7% in April to reach their highest level in eight months, according to the Reuters news service.

SSAB Brings Third-Generation Automotive Steel to Market

08 May 2018 - Swedish steelmaker SSAB is rolling out a family of coated, third-generation advanced high-strength steels and has product ready for customer trials, the company announced Tuesday.

Professor: Steel Needs New Products, But It Needs the Processes to Make Them, Too

07 May 2018 - The third generation of advanced high-strength steels is just now beginning to enter widespread commercialization, but it likely will be a few more years before they reach a tipping point, according to Colorado School of Mines professor and metallurgist John Speer.

Steel Recruiting Efforts Face a New Difficulty: A Strong Economy

07 May 2018 - Recruiting the next generation of steel industry professionals remains a challenge, and the economy certainly isn’t helping the situation at the moment.

EU Regulators Sign Off on ILVA Sale

07 May 2018 - The European Commission has approved ArcelorMittal’s acquisition of Italy’s ILVA, clearing the way for the steelmaker to begin finalizing the deal.

NAFTA Talks Reach Critical Stage

07 May 2018 - The negotiations over revisions to the North American Free Trade Agreement are entering a critical period this week as officials from Canada, Mexico and the U.S. look to resolve differences before elections change the equation, according to the Reuters news service.

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