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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.

SSAB Introduces Water-Quenchable Steel Grade

22 November 2017 - Sweden’s SSAB has begun selling a new type of steel than can be quenched in water, but doesn’t need to be immediately tempered, it has announced. 

Report: ArcelorMittal, SAIL Nearing Agreement on JV Cold Mill

21 November 2017 - The Steel Authority of India Ltd. and ArcelorMittal are preparing to sign a memorandum of understanding to establish a cold rolling mill capable of producing 1.5 million tons annually, according to the Press Trust of India news agency.

Nucor Doubles Down on Micro-Mill Investment

21 November 2017 - Nucor Corp. has chosen the U.S. state of Missouri as the home of its proposed US$250 million micro-mill and revealed that it will look to build a second one somewhere in the Southeast.

Optima Specialty Steel Exits Chapter 11 Bankruptcy

17 November 2017 - Optima Specialty Steel Inc., a U.S.-based manufacturer of special bar quality steel, cold-drawn pipe and tube and other specialty products, has emerged from Chapter 11 bankruptcy with a new executive at the helm and a new name.  

Cleveland-Cliffs COO Announces December Retirement

17 November 2017 - P. Kelly Tompkins, chief operating officer at iron ore miner Cleveland-Cliffs Inc., has announced that he will retire at the end of the year. 

TimkenSteel Cleaning Up After Ladle Spill

17 November 2017 - No injuries were reported after molten steel spilled from a ladle and burned through three floors at TimkenSteel Corp.’s Harrison Plant in Canton, Ohio, USA, according to reports. 

Steelworkers Again Reject TimkenSteel Labor Agreement

17 November 2017 - Union employees at TimkenSteel Corp.’s Canton, Ohio, USA, facilities have rejected a tentative labor agreement for the second time in as many months.

Nucor Plans US$180 Million Investment in Illinois Bar Mill

16 November 2017 - Nucor Corp. said it selected a site for its planned merchant bar expansion, choosing its Bourbonnais, Ill., USA, rebar plant for the US$180 million investment. 

Asian Steelmaker Starts Up New Cold Mill

16 November 2017 - Vietnam’s Nam Kim Steel Joint Stock Company has rolled the first coil on its new reversing cold mill at its plant in the province of Binh Duong, according the equipment supplier on the project. 

SMS group Wades Deeper into 3D Printing

14 November 2017 - SMS group has struck up a partnership with a company that makes a modular 3D printing system in an effort to drive sales in the growing additive manufacturing sector.

South Korea Wins Partial Ruling Against American OCTG Tariffs

14 November 2017 - A World Trade Organization panel has sided in part with South Korea in its dispute over U.S. anti-dumping measures it imposed on oil country tubular goods from the country and five others, according to the Reuters news service. 

TimkenSteel, United Steelworkers Reach Tentative Labor Deal

13 November 2017 - Three weeks after unionized workers at TimkenSteel’s Canton, Ohio, USA, facilities rejected a four-year labor agreement, the company and union negotiators have come to terms on a revised deal. 

Healthier Markets Push Up Gerdau's Q3 Profits

13 November 2017 - Rising shipments and increased and sales, along with a companywide effort to reduce costs, lifted Gerdau SA’s third-quarter profits by 53%, the company reported. 

ArcelorMittal Allots Nearly US$300 Million for 2018 Capital Projects

13 November 2017 - ArcelorMittal USA is budgeting for US$276 million in capital spending for next year, with much of that being set aside for its integrated mills in northern Indiana, reports The Times newspaper of northwest Indiana.

Kuwaiti Steelmaker Puts Bar Mill on Order

13 November 2017 - Italian bar mill equipment manufacturer Nuova Carpenteria Odolese (NCO) has won an order for a rebar mill from Kuwait’s Al-Oula Steel Manufacturing Company.

Improved Market Lifts ArcelorMittal's Q3 Profits

10 November 2017 - The world’s largest steelmaker saw its third-quarter profits rise 75% on higher sales and shipments, ArcleorMittal reported on Friday. 

SunCoke Energy Appoints Seasoned Steel Executive to its Helm

10 November 2017 - A veteran steel industry executive will succeed SunCoke Energy Inc. chairman and chief executive Frederick “Fritz” A. Henderson, who announced on Friday that he will retire at the end of the month. 

Mexican Furnace Maker Expands Through U.S. Acquisition

10 November 2017 - Industrial furnace manufacturer Nutec Bickley has acquired the key assets of U.S.-based Olson Industries for an undisclosed amount. 

Former U.S. Steel Executive Joins Harsco Board

10 November 2017 - Mill services contractor Harsco Corp. has elected Mario Longhi to its board of directors, the company has announced. 

Russel Metals Announces Leadership Change

09 November 2017 - Brian R. Hedges, who has led steel and metals distributor Russel Metals for the last eight years, will retire next spring, but likely will ascend to the company’s board of director, the company said Wednesday.

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