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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.
Steelmaker Plans US$2.1 Billion Investment in Bangladesh
29 November 2017 - China’s Kunming Iron and Steel Holding Co. plans to invest more than US$2.1 billion in an iron and steel plant and other facilities in Bangladesh, reports Xinhua, China’s official state news agency.
India Partners With R&D Firm to Develop New Steel Grades
29 November 2017 - Mecon Ltd., a state-owned consultancy and engineering firm in India, has signed a framework agreement with Italy's Centro Sviluppo Materiali to collaborate on development of electrical and automotive steels, according to a report.
SMS to Build Auto Steel Galvanizing Line for Chinese Mill
29 November 2017 - SMS group has won a contract to build a new continuous hot-dipped galvanizing line for China’s Shougang Jingtang United Iron & Steel Co. Ltd., the equipment manufacturer said.
GFG Alliance Looks to Significantly Increase U.K. Steel Output
28 November 2017 - A family-owned group of companies has announced its intent to add 5 million metric tons of steelmaking capacity in the United Kingdom.
Commercial Metals CEO Named Board Chairwoman
28 November 2017 - Commercial Metals Company president and chief executive Barbara Smith has been named board chairwoman, the company said on Monday.
SSAB Converts Mill Furnace to LNG
28 November 2017 - SSAB will begin burning liquefied natural gas (LNG) instead of liquefied petroleum gas (LPG) in the walking beam furnace at its Raahe strip mill, the company said.
Fives Lands Order for Galvanizing Furnace
28 November 2017 - China’s Shougang Jingtang United Iron & Steel has awarded a contract to Fives for a continuous galvanizing line furnace and inductors, the equipment supplier has announced.
TimkenSteel, Union Again Reach Tentative Contract
27 November 2017 - TimkenSteel Corp. and union negotiators representing employees at its Canton, Ohio, USA, facilities have reached a third — and reportedly final — tentative labor agreement.
PCI Units at Russian Blast Furnace Meet Performance Expectations
22 November 2017 - New pulverized coal injection plants added to the Nos. 6 and 7 blast furnaces at NLMK Group’s Lipetsk plant in Russia have passed performance guarantee tests, the equipment supplier on the project has announced.
One Person Killed in Coke Plant Explosion
22 November 2017 - ArcelorMittal is investigating the cause of a coke plant explosion that killed one person and injured two others on Monday.
SSAB Introduces Water-Quenchable Steel Grade
22 November 2017 - Sweden’s SSAB has begun selling a new type of steel than can be quenched in water, but doesn’t need to be immediately tempered, it has announced.
Report: ArcelorMittal, SAIL Nearing Agreement on JV Cold Mill
21 November 2017 - The Steel Authority of India Ltd. and ArcelorMittal are preparing to sign a memorandum of understanding to establish a cold rolling mill capable of producing 1.5 million tons annually, according to the Press Trust of India news agency.
Nucor Doubles Down on Micro-Mill Investment
21 November 2017 - Nucor Corp. has chosen the U.S. state of Missouri as the home of its proposed US$250 million micro-mill and revealed that it will look to build a second one somewhere in the Southeast.
Optima Specialty Steel Exits Chapter 11 Bankruptcy
17 November 2017 - Optima Specialty Steel Inc., a U.S.-based manufacturer of special bar quality steel, cold-drawn pipe and tube and other specialty products, has emerged from Chapter 11 bankruptcy with a new executive at the helm and a new name.
Cleveland-Cliffs COO Announces December Retirement
17 November 2017 - P. Kelly Tompkins, chief operating officer at iron ore miner Cleveland-Cliffs Inc., has announced that he will retire at the end of the year.
TimkenSteel Cleaning Up After Ladle Spill
17 November 2017 - No injuries were reported after molten steel spilled from a ladle and burned through three floors at TimkenSteel Corp.’s Harrison Plant in Canton, Ohio, USA, according to reports.
Steelworkers Again Reject TimkenSteel Labor Agreement
17 November 2017 - Union employees at TimkenSteel Corp.’s Canton, Ohio, USA, facilities have rejected a tentative labor agreement for the second time in as many months.
Nucor Plans US$180 Million Investment in Illinois Bar Mill
16 November 2017 - Nucor Corp. said it selected a site for its planned merchant bar expansion, choosing its Bourbonnais, Ill., USA, rebar plant for the US$180 million investment.
Asian Steelmaker Starts Up New Cold Mill
16 November 2017 - Vietnam’s Nam Kim Steel Joint Stock Company has rolled the first coil on its new reversing cold mill at its plant in the province of Binh Duong, according the equipment supplier on the project.
SMS group Wades Deeper into 3D Printing
14 November 2017 - SMS group has struck up a partnership with a company that makes a modular 3D printing system in an effort to drive sales in the growing additive manufacturing sector.
