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.
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.
Tenova Sees Growing EAF Market in China
30 October 2017 - Over the last eight months, Tenova has won contracts to install six electric arc furnaces at Chinese steel mills, reflecting a shift in the production route there, the company said.
Commercial Metals Expands Product Lineup Through Acquisition
27 October 2017 - Commercial Metals Company (CMC) has acquired MMFX Technologies Corp., which licenses proprietary rebar grades, for an undisclosed amount.
Democrats Prod Trump to Act on Steel Tariffs
27 October 2017 - U.S. Senate minority leader Chuck Schumer, D-N.Y., said he’ll block nominations of two Commerce Department officials if the Trump administration doesn’t move on plans to impose new trade measures against imported steel and aluminum, reports The New York Times.
ArcelorMittal Awards Contract for Caster Rebuild
27 October 2017 - SMS group has won a contract to rebuild the No. 2 slab caster at ArcelorMittal Asturias’ plant in Avilés, Spain, the equipment supplier has announced.
A Foundry Prepares to Plunge Into the Abyss
27 October 2017 - A Finnish steel foundry has been contracted to help build a submersible that will take Chinese researchers to the deepest point on Earth.
Primetals Wins Order for New Caster
26 October 2017 - India’s Star Wire Ltd. has contracted with Primetals Technologies for a new billet and bloom caster at its mill in Ballabgarh, Haryana state.
U.S. EAF Producers Gain a Bigger Voice in Congress
25 October 2017 - In a move emblematic of the shifts in American steel production, a southern U.S. representative has been appointed as co-chairman of the Congressional Steel Caucus.
New Cold Mill Put Into Service at Turkish Mill
24 October 2017 - Turkish joint venture producer Tosyali-Toyo Celik has fired up a new rolling complex that is producing cold-rolled tinplate and hot-dip galvanized and painted sheets.
Danieli Contracted for Slab Caster Upgrade
24 October 2017 - Danieli has been awarded a contract to overhaul the No 2. slab caster at ArcelorMittal Tubarão, the steelmaker’s flat-rolled plant in Serra, Brazil.
The Gears Turn, and TimkenSteel Unveils a New Line of Steel
24 October 2017 - TimkenSteel has introduced a new line of special bar quality steels that combine strength and toughness.
Sandvik Lands Order for Offshore Tube
24 October 2017 - Sweden’s Sandvik has bagged an order for 250 km worth of undersea tubing to connect a development area to an offshore platform.
Imports Dampen Nucor Earnings
20 October 2017 - Nucor Corp. saw its third-quarter profits reduced by 12% as import pressures prevented it from recovering rising raw material costs, the steelmaker said Thursday .
Improved Sales Lift Cleveland-Cliffs Q3 Profits
20 October 2017 - Iron ore miner Cleveland-Cliffs Inc. posted a profitable third quarter on better demand and prices.
Last of Mahoning Valley Furnaces Coming Down
20 October 2017 - Demolition has resumed on the last standing blast furnace in Ohio’s Mahoning River Valley, reports the The (Youngstown, Ohio) Vindicator.
Acquisition Expands Motion Industries Belting Group
20 October 2017 - U.S.-based industrial parts distributor Motion Industries Inc. has signed a deal to acquire Apache Inc., an industrial hose and belting fabricator headquartered in Iowa.
SSAB Leaving the Rust Belt for the Sun Belt
19 October 2017 - Swedish steelmaker SSAB will move its North American headquarters from the U.S. state of Illinois to Mobile, Ala., bringing it closer to its plate mill there, the company announced Thursday.
China Records Monthly Steel Production Decline
19 October 2017 - China saw its September steel production slide as mills began reducing output in keeping with government orders to reduce air pollution.
Steel Imports, Refinancing Mute Steel Dynamics' Q3 Profits
19 October 2017 - Third-quarter profits at Steel Dynamics Inc. slipped 2.5% on costs associated with debt refinancing and competition from imports, which limited price increases, the company announced Thursday.
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