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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.
British Steel CEO Steps Aside
26 December 2017 - Less than a year into his tenure, the chief executive of the new British Steel has stepped down, reports the (London) Financial Times.
Fives Expands Lineup of Pipe and Tube Machines
26 December 2017 - Machine builder and industrial engineer Fives has acquired the intellectual property of an Italian manufacturer of pipe and tube equipment.
Steelmaker Closes on Deal for Shuttered Wire Rod Plant
21 December 2017 - British steelmaker Liberty House Group has completed its acquisition of a closed wire rod plant in South Carolina and plans to restart production this spring.
JSW Steel Puts Casters, Strip Mill on Order
21 December 2017 - India’s JSW Steel Ltd. has ordered a new hot strip mill and two continuous slab casters for its Dolvi plant in Maharashtra as a part of a project that will double the integrated plant’s capacity to 10 million metric tons annually.
Tenova Contracted For TimkenSteel Furnace Control Improvements
21 December 2017 - Tenova has won an order to upgrade the electric arc furnace at TimkenSteel Corp.’s Faircrest plant, the company has announced.
FLANDERS Grows Customer Base Through Acquisition
21 December 2017 - U.S.-based power and control systems manufacturer and engineer FLANDERS Inc. has acquired an electric motor repair shop for an undisclosed amount, the company has announced.
China Scraps Steel Export Tax
15 December 2017 - China is reducing or altogether eliminating its export tax on certain steel products, a move that likely will inflame trade tensions with the U.S. and European Union, according to reports.
Official: SAIL Joint Venture Plant to Be Operational in 3 Years
15 December 2017 - The Steel Authority of India’s planned joint venture auto steel mill will be producing steel within three years, India Steel Secretary Aruna Sharma told the Reuters news service.
Russian, Chinese Steel Engineering Firms Form Collaborative Relationship
15 December 2017 - Industrial engineer NLMK Engineering has signed a three-year cooperation agreement with China’s state-owned WISDRI Engineering & Research Incorporation Ltd., NLMK has announced.
Researchers Develop Process for Making Anti-Bacterial Steel Surfaces
15 December 2017 - Researchers at the Georgia Institute of Technology in the United States said they have found way to imbue antimicrobial properties to stainless steel by way of an electrochemical etching process.
Primetals Lands Order for New Continuous Casters
14 December 2017 - Primetals Technologies has won a contract to supply two continuous slab casters to a new Chinese mill.
Harsco Signs New Services Contract with Middle East Steelmaker
14 December 2017 - Mill services contractor Harsco Corp. has renewed a multi-year services agreement with SULB Co.’s Al-Hidd plant in Bahrain.
Steel of West Virginia's Timothy Duke Announces Retirement (Update)
14 December 2017 - Timothy R. Duke, Steel of West Virginia Inc.'s veteran chief executive, said he’ll retire at year’s end, concluding a 31-year career with the company.
SSAB Reaches Settlement Over Unplanned Outage
13 December 2017 - Sweden’s SSAB has settled with its insurance company and an equipment supplier for SEK315 million (approximately US$37.4 million) over an unplanned shutdown in late 2016 and early 2017.
Tenaris Opens Bay City Seamless Mill
13 December 2017 - Tenaris cut the ribbon on its new US$1.8 billion seamless tube mill in Bay City, Texas, on Monday, ceremonially opening a mill that has been in the works for nearly five years.
SAIL Board of Directors OKs Term Sheet for Auto Steel Joint Venture
13 December 2017 - The board of directors at the Steel of Authority of India Ltd. has voted to proceed with planning for a joint-venture automotive steel plant with ArcelorMittal, reports the Press Trust of India.
Stelco Cashes Out US$100 Million in Raw Materials Inventory
12 December 2017 - Canada’s Stelco has closed on a deal that monetizes its raw materials inventory, generating US$100 million in proceeds, the company announced.
Cleveland-Cliffs Picks Up New Iron Ore Acreage in Minnesota
12 December 2017 - Iron ore miner Cleveland-Cliffs Inc. has acquired ore-bearing property next to the former Essar Steel Minnesota project, a move that muddies the future for the company trying to advance the bankrupt mine and pellet plant.
JFE Steel Selects Equipment Supplier for Replacement Sintering Plant
12 December 2017 - Primetals Technologies has won a contract to build a 4.8-million-metric-ton sinter plant for Japan’s JFE Steel, the equipment supplier has announced.
Swiss Steel to Trial Quality Control Software Package
12 December 2017 - SCHMOLZ + BICKENBACH Group’s Swiss Steel Emmenbrücke has placed an order with MET/Con for a quality management system, according to an announcement.
