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.
World Steel Association Names New Chairman
18 October 2017 - The World Steel Association has elected Nippon Steel & Sumitomo Metal Corp. president Kosei Shindo as chairman, the association has announced.
Forecast: The World Will Demand More Steel in 2018
16 October 2017 - Global steel demand is projected to reach 1.62 billion tons this year and grow 1.6% in the following year, according to a new short-range forecast from the World Steel Association.
Tata Executive: Spinoff of Merged European Business Will Be Later, Not Sooner
16 October 2017 - An anticipated spinoff of Tata Steel and thyssenkrupp’s European joint venture won’t happen for another two to three years, reports the Reuters news service.
Steel is Better, Stronger ... And Automakers Notice
16 October 2017 - If you’re wanting real-world examples of the inroads advanced steels have made with automakers, look no further than the Audi A8 sedan, which had used an all-aluminum body but now has returned to using steel.
Czech Mill Plans Caster Mold Improvements
16 October 2017 - ArcelorMittal’s unit in the Czech Republic, ArcelorMittal Ostrava, is upgrading a round bloom caster with a mold that uses fiber optics to read temperatures instead of thermocouples.
Kobe Steel Crisis Worsens With New Disclosure
13 October 2017 - Kobe Steel Ltd.’s product-quality data scandal worsened on Friday as the company disclosed that some steel products were shipped despite failing to meet customer specifications and that more customers had been affected by the overall problem than first thought.
Italian Mill Orders Remotely Operated Taphole Equipment
13 October 2017 - Italy’s Acciaierie Bertoli Safau has ordered an equipment package that will eliminate the need to man the eccentric bottom taphole sump panel.
Heat Treat Equipment Maker Wins Orders for Annealing Facility Expansions
13 October 2017 - voestalpine is expanding its new bell annealing facility in Linz, Austria, adding four high-temperature workbases, according to the equipment supplier, Ebner Industrieofenbau.
Fake Quality Data Could Cost Kobe Steel More than Money
11 October 2017 - About a third of the value in Kobe Steel Ltd. shares has been wiped out after the Japanese steelmaker disclosed that some employees falsified inspection certificates on copper and aluminum products and may have falsified data on powdered iron.
Report: The World Still Has Too Much Steel Capacity
11 October 2017 - The steel industry has about 330 million metric tons of capacity to spare, with more set to come on-line within the next two years, reports the Reuters news service.
Primetals Completes Overhaul of Rebar Mill
11 October 2017 - Russian long products manufacturer Abinsk Electric Steel has completed an overhaul of its meltshop and billet caster, according to the equipment supplier on the project.
SMS group to Install New Cold Mill at Pakistani Plant
11 October 2017 - SMS group has won an order for a Compact Cold Mill (CCM) from Pakistan’s Aisha Steel Mills Ltd., the equipment supplier has announced.
Gerdau Sells Chilean Long Steel Business
06 October 2017 - Gerdau SA is divesting its Chilean assets for US$154 million, the company has announced.
EU Sets Tariffs on Hot-Rolled Coil From Four Countries
06 October 2017 - The European Union has imposed tariffs ranging from EUR17.6 to EUR96.5 per ton on hot-rolled flat steel from Brazil, Iran, Russia and Ukraine.
Germany Organizes Meeting to Discuss Steel Overcapacity
06 October 2017 - Germany has called a meeting with other top steelmaking countries to discuss global overcapacity, according to the Reuters news service.
Rio Tinto and the Cargo Train that Could ... Drive Itself
04 October 2017 - Iron ore miner Rio Tinto said it has executed Australia’s first-ever fully autonomous, heavy-haul train trip, with a driverless train successfully making a 100 km pilot run between Wombat Junction and Paraburdoo in Western Australia.
U.S. Graphite Electrode Plants Sold to Japanese Manufacturer
04 October 2017 - Graphite electrode manufacturer Tokai Carbon Co. Ltd. has acquired SGL Carbon’s U.S. graphite electrode business for about US$114.4 million, giving the Japanese manufacturer a production presence in North America.
Minnesota Governor Puts Support Behind Firm's Effort to Revive Stalled Iron Ore Project
04 October 2017 - Minnesota Gov. Mark Dayton has given his blessing to a firm looking to rescue the stalled Essar Steel Minnesota iron ore mine and taconite plant, reports the (Minneapolis, Minn.) Star Tribune.
Official: Despite Opposition, Deal Between thyssenkrupp Management, Labor Over Tata Merger Is Attainable
04 October 2017 - The premier of thyssenkrupp’s home state, North Rhine-Westphalia in Germany, said he believes a deal between the company and its union employees could be reached over the proposed combination of its steel unit with Tata Steel, according to the Reuters news service.
TimkenSteel, United Steelworkers Shake Hands on Labor Agreement
03 October 2017 - TimkenSteel Corp. and the United Steelworkers union have reached a tentative, four-year labor agreement that provides wage increases and improvements to worker health and safety.
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