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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.

Primetals Technologies Expands Industry 4.0 Offerings Through Predictive Maintenance Collaboration

19 April 2018 - Primetals Technologies is partnering with a U.S.-based firm specializing in predictive maintenance for the steel industry, creating a business collaboration that will cut a wide swath through the maintenance services market.

Here's How Much the World Steel Association Expects Demand to Grow This Year

18 April 2018 - Momentum in the global economic recovery is forecasted to lift worldwide steel demand by 1.8% this year, according to the World Steel Association.

EU: Steel, Aluminum Tariffs Imperil Economic Growth

18 April 2018 - President Donald Trump’s tariffs on imported steel and aluminum are endangering global economic growth, European Union trade commissioner Cecilia Malmstrom said Wednesday.

Idled Since 2015, Brazilian Blast Furnace Returns to Service

18 April 2018 - Brazil’s Usinas Siderúrgicas de Minas Gerais has restarted an idled blast furnace as it looks to capture benefits from improvements in the economy and steel consumption, the company said Tuesday.

POSCO CEO to Step Down

18 April 2018 - POSCO chief executive Kwon Oh-joon has agreed to resign his post two years before his term expires, reports the Nikkei Asian Review.

Nucor's Top Raw Materials Exec Announces Retirement

17 April 2018 - Longtime Nucor executive Jim Darsey said he’ll retire on 9 June, concluding a 39-year career with the company.

U. S. Steel Appoints Two to Executive Team

17 April 2018 - United States Steel Corporation attorney Richard L. Fruehauf has been named vice president of strategic planning and corporate development, the steelmaker said Monday.

Electrosteel Acquisition Wins Tribunal Approval

17 April 2018 - Indian officials have approved ore miner Vedanta Resources' offer to acquire Electrosteel Steels Ltd., becoming the first of 12 companies forced into insolvency by India’s central bank to reach this stage.

Slovenian Steelmaker Receives New Ladle Car

17 April 2018 - SIJ Ravne Systems, part of Slovenia’s SIJ Group, has built and installed a new ladle transfer car for sister company SIJ Acroni, turning around the project in four months, the company said.

Outokumpu Broadens Marketing Agreement with German Steelmaker

17 April 2018 - Stainless steel manufacturer Outokumpu is expanding its relationship with Germany’s Böllinghaus Steel, which will distribute certain Outokumpu bar products in Germany and the United Kingdom through a new agreement.

EU Disputes Underlying Assertion in US Steel Tariffs

16 April 2018 - The European Union has joined China in challenging U.S. President Donald Trump’s decision to impose a 25% tariff on imported steel.

New Heat Treat Line Earns Final Acceptance

16 April 2018 - Romanian pipe producer TMK-ARTROM has issued the final acceptance certificate on a new heat treat line at its plant in Slatina.

Refractories Maker Opens Russian Plant

16 April 2018 - Ohio-based refractories manufacturer Allied Mineral Products Inc. has initiated production at its newest facility in Yelabuga, Russia, the company said in an announcement.

ArcelorMittal Prepared to Sacrifice European Flat-Rolled Units to Acquire ILVA

13 April 2018 - ArcelorMittal is offering to divest facilities in six European countries in order to resolve anti-competition concerns arising from its planned acquisition of Italy’s ILVA.

Pipemaking Resumes at Former National Tube Site

13 April 2018 - Large-diameter pipe producer Dura-Bond Industries has received its API certification to produce small-diameter, high-frequency welded pipe at a newly acquired facility outside of Pittsburgh, Pa., USA.

Investment Firm Adds Ontario Service Center to Portfolio

12 April 2018 - Chicago-based private equity firm Union Partners has acquired an Ontario service center and toll processor for an undisclosed amount.

Labor Talks Delay thyssenkrupp, Tata Steel Tie-Up

12 April 2018 - Ongoing labor negotiations between Tata Steel and its workers in the United Kingdom and the Netherlands are delaying its planned joint venture with Germany’s thyssenkrupp, reports the Reuters news service.

New 2.5M-Ton Russian Blast Furnace Enters Production

10 April 2018 - Russian steelmaker EVRAZ has blown in a new blast furnace at its Nizhny Tagil facility, reports the equipment supplier on the project.

China Challenges Section 232 Tariffs

10 April 2018 - China has filed a complaint with the World Trade Organization (WTO) over U.S. President Donald Trump’s 25% tariff on imported steel and 10% tariff on imported aluminum.

In Vietnam, Is Coating Chinese Steel Transshipping, or Good Business?

10 April 2018 - Among the U.S. steel industry’s trade-related grievances has been the practice of transshipping – exporting goods via a secondary country to disguise their origin.

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