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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.

Steel Dynamics' Third-Quarter Earnings Expected to Miss Forecast

20 September 2017 - Steel Dynamics Inc. said it expects to report third-quarter earnings of between 61 cents and 65 cents per share, missing analysts’ expectations. 

Tata, thyssenkrupp Set Framework for Combining Steel Operations

20 September 2017 - Tata Steel and thyssenkrupp have signed a preliminary agreement to combine their European steel operations, creating a 50-50 joint venture that would be Europe’s second-largest steelmaker behind ArcelorMittal. 

ArcelorMittal to Cease Rolling Plate at U.S. Mill

19 September 2017 - ArcelorMittal USA said it will idle the plate rolling line at its Conshohocken, Pa., mill sometime in the next year on account of low demand and competition from unfairly traded imports.

India Well on Its Way to Meeting Steel Production Target

18 September 2017 - India is making strides toward its national goal of lifting steel production to 300 million metric tons, reports the Press Trust of India (PTI).

Ovako Launches New Line of Steels

18 September 2017 - Swedish special bar quality maker Ovako has introduced a new family of steels that it says combines the characteristics of tool steel, maraging steel and stainless steel with the production economy of special bar quality steel. 

Nucor Mill Signs Off on EAF Upgrade

18 September 2017 - Nucor Steel Seattle Inc. has granted final acceptance of a newly installed water leak detection system on the plant’s electric arc furnace. 

AUMUND Wins Order for Replacement Rotary Discharge Machine

18 September 2017 - voestalpine’s integrated mill in Linz, Austria, has put a new rotary discharge machine on order.

Nucor to Build New Micro Bar Mill

15 September 2017 - Nucor Corp.’s board of directors has given the go-ahead to construction of a new micro-mill somewhere in the Midwestern or southeastern U.S. and approved the expansion of another mill. 

ArcelorMittal's Indiana Harbor Benefits From Capital Investment Increase

15 September 2017 - In a bid to improve efficiency and productivity, ArcelorMittal USA is increasing its capital spending. And many of the investment dollars have flowed into its sprawling Indiana Harbor facility in East Chicago, Ind.

Fire Damages New York Bar Finishing Plant

15 September 2017 - U.S.-based Universal Stainless & Alloy Products Inc. is investigating the cause of a fire that damaged the pickling operation at its Dunkirk, N.Y., bar and rod finishing plant. 

Blast Furnace Research Company Names New Chief Executive

15 September 2017 - HYBRIT, a research joint venture among Sweden’s SSAB and two other companies, has hired a chief executive. 

Chinese Steel Production Sets August Record

14 September 2017 - China’s steel output climbed to another new monthly record in August as mills cranked out 74.59 million metric tons, reports the Bloomberg news service. 

A Tata-thyseenkrupp Deal May – or May Not – Be Close

14 September 2017 - Now that Tata Steel has finalized the divorce between its European business and the legacy British Steel Pension Scheme, a deal to combine the operation with thyssenkrupp’s steel division may be close, according to the Reuters news service.  

ArcelorMittal Appoints Leadership Team for Italy's Ilva

14 September 2017 - ArcelorMittal has named two executives to lead the facilities it is acquiring through its purchase of Italy’s Ilva. 

New Midrex HBI Plant Passes Muster

14 September 2017 - A Midrex hot-briquetted iron (HBI) plant built for a Russian iron ore miner and processor has passed its performance guarantee test, Midrex has announced. 

New Finishing Line Provides Expanded Product Offerings at ArcelorMittal Bar Mill

12 September 2017 - ArcelorMittal’s Canadian long products division in June put a new finishing line into service at its Longueuil, Que., bar mill. The project took 18 months to complete, but the mill never missed a beat, according to Modern Metals magazine. 

JFE Blast Furnace Forced Into Unscheduled Outage

12 September 2017 - Japan's JFE Steel is temporarily halting iron production at one of its blast furnaces to facilitate repairs on a converter, according to the Nikkei Asian Review. 

Cleveland-Cliffs Sued for Allegedly Trying to Unfairly Thwart Competitor

11 September 2017 - Iron ore miner Cleveland-Cliffs Inc. faces a lawsuit on allegations that it is trying to hinder a would-be competitor’s efforts to emerge from bankruptcy, reports the Dow Jones News Service.

Regulators Approve Tata Steel Pension Plan Divorce

11 September 2017 - U.K. officials have approved Tata Steel Europe’s plant to separate itself from its GBP15 billion British Steel pension plan, the steelmaker has announced. 

Cargill Sells U.S. Service Centers

11 September 2017 - Cargill Inc. has agreed to sell its U.S. steel processing and distribution business to Japan’s Metal One Corp. 

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