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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.
JSW Steel Looks to Grow Domestically and Internationally
26 June 2018 - India’s JSW Steel is allocating US$1 billion toward capital improvements at its plants in Texas and Ohio as it looks to increase its companywide capacity, company officials said Tuesday.
GFG Alliance Restarts a South Carolina Mill, and Eyes Other U.S. Acquisitions
26 June 2018 - The Gupta family’s GFG Alliance is targeting 5 million tons of American EAF capacity in the next two to three years and is looking to acquire supporting scrap operations, executive chairman Sanjeev Gupta said Tuesday.
'Profiteering' Not to Blame for Steel Price Increases
26 June 2018 - Strength in demand, and not speculative activity induced by the Section 232 tariffs, is driving the run up in steel prices, Steel Dynamics Inc. chief executive Mark Millett said Tuesday.
Ferriola: The World Wouldn't Act on Overcapacity, So the U.S. Did
26 June 2018 - Nucor Corp. chief executive officer John Ferriola vigorously defended the Section 232 steel tariffs on Tuesday, saying that the U.S. imposed the trade measure only in the absence of multinational action on excess capacity.
AI Emerging as a New Steelmaking Benchmark, Silicon Valley Executive Says
25 June 2018 - Mills that hesitate on deploying machine learning technologies will do so at their own peril, according to Noodle.ai chief executive officer Stephen Pratt.
Hydrogen Steelmaking Is Feasible...If the Industry Comes Up With a Feasible Way to Produce Hydrogen
25 June 2018 - As the steel industry looks to lower its carbon footprint, investments in hydrogen-based steelmaking research and development are surfacing. However, the process itself isn’t necessarily the biggest hurdle to overcome.
Revised CAFE Standards Probably Won't Hurt Demand for Auto Steel
25 June 2018 - The Trump administration’s proposal to roll back the 2025 vehicle fuel economy standards likely won’t have a significant impact on the market for lightweight automotive steels, according to a Nucor Corp. official.
ArcelorMittal Launches Initiative Aimed at Improving Steel Building Design
21 June 2018 - The world’s largest steelmaker has created a program that aims to change the way builders think about steel in building construction.
Idled U. S. Steel Blast Furnace Back in Production
21 June 2018 - United States Steel Corporation has restarted one of two idled blast furnaces at its Granite City Works in Illinois and is again producing hot metal.
Nissan to Expand Use of Advanced High-Strength Steel
21 June 2018 - Nissan Motors Co. Ltd. said it plans to use more advanced high-strength steel in its vehicles and aims to have the material account for 25% of components by weight.
SMS group Secures Orders for Finishing Blocks
21 June 2018 - SMS group has landed two separate orders for its MEERdrive PLUS finishing blocks from Italian wire rod producers Arlenico SpA and Feralpi Siderurgica SpA.
Tata Steel Modernizes Continuous Annealing Line
21 June 2018 - The No. 12 continuous annealing line at Tata Steel Packaging in IJmuiden, Netherlands, has been restarted following upgrades to its automation system and electrics, according to the equipment supplier on the project.
'We're Going to Make Sure that American Steel Is There ... for Generations to Come,' Says U.S. VP Pence
20 June 2018 - U.S. Vice President Mike Pence visited Nucor Corp.’s Auburn bar mill in New York on Tuesday and declared that “steel is back.”
SSAB Sets Price Tag on Mill Fire at More Than US$10 Million
20 June 2018 - A transformer fire that damaged SSAB’s Hämeenlinna mill in Finland is expected to cost the company somewhere between SEK100 and SEK120 million (between US$11.2 million and US$13.5 million) in repairs and lost deliveries, the steelmaker said.
U.S. Mills Expand Circumvention Claims Against Processed Sheet From Vietnam
14 June 2018 - U.S. producers are accusing their South Korean counterparts of circumventing anti-dumping duties by shipping coils to Vietnam for processing into cold-rolled and corrosion-resistant sheet, reports Metal Bulletin.
NLMK Plans Improvements to Coke Facility
14 June 2018 - In a bid to improve coke quality, Russia’s NLMK Group said it will invest EUR57 million in process upgrades at its Altai-Koks facility.
SAIL Celebrates Completion of Major Plant Upgrades
14 June 2018 - India Prime Minister Narendra Modi on Thursday visited the Steel Authority of India Ltd.’s Bhilai Steel Plant to mark the completion of company’s expansive modernization program.
Fat Margins Push Chinese Steel Output to May Record
14 June 2018 - Chinese steel production rose to record 81.1 million metric tons in May as mills boosted output to capture profits, reports the Reuters news service.
Union Workers Strike Indiana Roll Plant
13 June 2018 - Workers at roll maker Union Electric Steel’s plant in Valparaiso, Ind., USA, have gone on strike, demanding wage increases, reports The Times newspaper of northwest Indiana.
Report: thyssenkrupp Takes Another Look at Tata Steel Europe Deal
13 June 2018 - Tata Steel and thyssenkrupp are said to be revisiting the terms of their proposed European joint venture on account of a valuation gap that has opened up between the two businesses, reports Germany’s Handelsblatt business newspaper.
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