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.
Better Steel Prices Strengthen Ternium's Second-Quarter Profits
02 August 2017 - Second-quarter profits at Latin American steel producer Ternium rose nearly 62% on higher steel prices, the company said.
Tata Steel Completes Sale of U.K. Pipe Mills
02 August 2017 - Liberty House Group has finalized its acquisition of two large-diameter pipe mills in the U.K. the company has announced.
thyssenkrupp Forms an Alternative to Tata Steel Europe Combination
02 August 2017 - thyssenkrupp is developing a Plan B to a proposed joint venture for its steel operations, reports the Bloomberg news service.
For Steel to Win, More Collaboration is Necessary
01 August 2017 - In order for new steels to continue to make inroads into the auto industry, it is imperative that automakers and steelmakers collaborate.
Outokumpu Divests Welded Pipe Mill in Florida
01 August 2017 - Outokumpu has sold its stainless pipe mill in Wildwood, Fla., USA, to a Taiwanese manufacturer for approximately EUR25 million, or about US$29.5 million, the steelmaker announced on Tuesday.
Primetals Tapped for Bar Mill Upgrades
01 August 2017 - Primetals Technologies has won a contract to modernize a Turkish bar mill, the equipment supplier has announced.
Six Injured in Accident at U. S. Steel's Great Lakes Works
01 August 2017 - Six people were injured Tuesday morning in what is being called an explosion at United States Steel Corporation’s Great Lakes Works in Michigan.
TimkenSteel Posts US$1.3 Million Profit in Second Quarter
31 July 2017 - New steel orders helped pushed TimkenSteel’s second-quarter earnings into the black.
Bloom Engineering Establishes Steel-Specific Sales Team
31 July 2017 - Industrial combustion and controls engineer Bloom Engineering is reorganizing its sales team, creating a unit that will focus specifically on the steel industry.
Transformer Maintenance Firm Launches Southern U.S. Expansion
31 July 2017 - SDMyers, an Ohio-based electrical transformer service firm, is opening two new regional offices in the southern U.S., the company has announced.
U.K. Steelmaker Fires Up Revamped EAF
31 July 2017 - U.K.-based Sheffield Forgemasters International has completed a US$2.6 million overhaul of its electric arc furnace, the company has announced.
Timing of Section 232 Decision Remains Uncertain
28 July 2017 - U.S. Commerce Secretary Wilbur Ross said he’ll defer to President Donald Trump on the timing of the administration’s Section 232 decision, according to the Reuters news agency.
Old Port Poses An Obstacle to Wire Rod Mill Restart
28 July 2017 - Steel entrepreneur Sanjeev Gupta and his Liberty House Group are counting on using an aging port along the coast of South Carolina to serve a wire rod mil it hopes to acquire from ArcelorMittal and restart.
ArcelorMittal to Expand Auto Steel Capacity Through European Investment
28 July 2017 - ArcelorMittal is planning expand its advanced automotive steel capacity through an investment of approximately US$112.8 million at two of its French mills.
Danieli Wins Order for Wide Plate Mill
28 July 2017 - India’s Mishra Dhatu Nigam Ltd. has awarded a contract to Danieli for a wide plate mill.
USW to Trump: Get on With It Already
27 July 2017 - In regard to the Trump administration’s decision to delay action on new steel trade measures, the United Steelworkers union has this much to say: “What are you waiting for?”
Kobe Steel Sets Up Southeast Asia Subsidiary
27 July 2017 - Japan’s Kobe Steel Ltd. has established a new subsidiary serving south and southeast Asia and will open its regional headquarters in Thailand next month, the company has said.
German Steelmaker Lays Claim to World's Thickest Slab
27 July 2017 - Germany’s Dillinger Hütte said it set a new world record on Tuesday, casting a slab with a thickness of 600 mm, or more than 23.5 inches.
U. S. Steel Posts US$162 Million Profit in Second Quarter
26 July 2017 - United States Steel Corporation swung to profitability in the second quarter on higher average steel prices.
AK Steel Sets Maintenance and Project Outages at Mansfield, Middletown Facilities
26 July 2017 - AK Steel said it is investing US$26 million in the third quarter in upgrades to its Mansfield and Middletown Works in Ohio.
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