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.
Accumulating Scrap in China Could Reduce Demand for Coal, Coke
09 November 2017 - China’s scrap reservoir could more than double over the next eight years and enable a rise in electric arc furnace steelmaking – and drive a reduction in iron ore, coal and coke demand, according to Joseph Poveromo, president of Raw Materials & Ironmaking Global Consulting.
Better Performing Blast Furnaces Will Drive Coke Evolution
08 November 2017 - As coke batteries age and environmental rules make new greenfield projects less feasible, the coke industry will have to place a greater emphasis on repair know-how and technology, said Marcelo Andrade, ArcelorMittal raw material and ironmaking manager.
China's Steel Capacity Forecast to Fall Below 1 Billion Tons
08 November 2017 - China’s government-mandated production curtailments are forecast to reduce hot metal production by 41 million net metric tons and coke demand by 18 million net metric tons, according to an estimate from commodities consultancy CRU.
Executive: The Time Has Come for Coke Producers to Face Critical Investment Decisions
08 November 2017 - As the U.S. iron and steel industry rebounds from the downturn of 2015, the time has come for coke producers to make capital investment decisions that had been postponed. And those decisions won’t be easy to make, said John Quanci, vice president of engineering and technology for SunCoke Energy.
Competition Worries Prompt EU to Take Closer Look at ArcelorMittal-ILVA Deal
08 November 2017 - Competition regulators at the European Commission are taking a closer look at ArcelorMittal’s plan to acquire Italy’s ILVA, fearing that the deal may lead to higher prices for hot-rolled, cold-rolled and galvanized flat products, especially in southern Europe.
Large-Diameter Spiral-Weld Line Enters Production
07 November 2017 - Algeria’s EPE Alfapipe has put a new 80-inch, spiral-welded pipe mill into service, according to the equipment supplier on the project.
TimkenSteel Puts New Heat Treat Facility Into Service
03 November 2017 - Ohio-based TimkenSteel has commissioned its new US$40 million heat treat plant and has begun processing orders, the company has announced.
Stelco Makes Stock Market Debut
03 November 2017 - Canada’s Stelco returned to the public markets on Friday and raised the equivalent of US$157 million through its initial public offering, according to the Bloomberg news service.
Spanish Mill Puts New Walking Beam Furnace on Order
03 November 2017 - SMS group has received an order for a walking beam furnace from Spain’s Forjas Iraeta Heavy Industry, the equipment supplier said on Friday.
Chinese Province Cuts Steel, Coal Capacity
03 November 2017 - The Hebei province in China has cut 46.2 million metric tons of iron and steel capacity and 10.5 million metric tons of coal capacity, meeting its mandated reduction target, according to Xinhua, China’s state news agency.
Allegheny Technologies Establishes Stainless Sheet Joint Venture
02 November 2017 - U.S.-based Allegheny Technologies Inc. (ATI) is forming a joint venture with the world’s largest stainless producer to make and distribute 60-inch stainless sheet in North America.
U. S. Steel Reports Third Quarter Profit of $147M
02 November 2017 - United States Steel Corp. nearly tripled its third-quarter profits on higher average prices and improved shipments, the company reported.
Steelmaker, OEM Form Chinese Joint Venture
02 November 2017 - Primetals Technologies has launched a joint venture with China’s HBIS Tangshan Iron and Steel Group that will provide support for the steelmaker’s slab casters in the Hebei province.
REXA CEO Announces Retirement
01 November 2017 - REXA, a U.S.-based manufacturer of linear and rotary actuators for the process control sector, has named a company veteran as its next president and chief executive.
Research Breakthrough Could Make Additive Manufacturing with Steel More Feasible
31 October 2017 - U.S. researchers have developed a method for printing three-dimensional stainless steel components that are as strong, if not stronger, than those made through traditional methods.
Report: Chinese Steel Mills Begin Production Curtailments
31 October 2017 - China's central and provincial governments, which have ordered mill shutdowns as a way to combat air pollution during the winter heating season, might have pushed ahead production curtailments ahead of schedule, reports S&P Global Platts.
voestalpine Announces Expansion of Automotive Blanking Facility
31 October 2017 - voestalpine is investing EUR16 million, or about US$18.6 million, to expand its laser-welded blanking facility in Linz, Austria.
Amid Quality-Data Scandal, Kobe Steel Pulls Profit Forecast
31 October 2017 - Kobe Steel has withdrawn its fiscal-year profit forecast and agreed to forego paying a dividend, saying that its data-quality scandal is making it too difficult to estimate its income.
Sandvik Hires a New President, Divests Welding Wire Business
30 October 2017 - Sandvik Materials Technology has named a current executive as its new president, the company said on Monday.
Nucor Wins High-Level Supplier Recognition from Customer
30 October 2017 - Heavy equipment manufacturer Caterpillar Inc. has given Nucor Corp.'s special bar quality mill in Tennessee its highest rating under its supplier quality program, the steelmaker said on Monday.
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