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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.
China Breaks Daily Steel Production Record for Third Straight Month
16 July 2018 - Chinese mills produced 80.2 million tons of steel in June 2018, according to information provided by the National Bureau of Statistics to the Reuters news service.
Tenova Wins Bid to Upgrade SDI Electric Furnace Technology
16 July 2018 - Steel Dynamics Inc. has chosen Tenova technology to optimize the electric arc furnace at its Pittsboro, Ind., USA, plant, Tenova has announced.
USW Kicks Off Contract Negotiations with U. S. Steel, ArcelorMittal
11 July 2018 - The United Steelworkers union has opened labor negotiations with United States Steel Corporation and ArcelorMittal USA, beginning the work to replace contracts that expire 1 September.
Adjusting Strategy, JSW Steel Goes on the Hunt for Niche Producers
11 July 2018 - Having lost the bidding for several distressed assets, India’s JSW Steel is adjusting its acquisitions strategy and will look for smaller, niche producers, according to the Reuters news service.
SeAH Returns Upgraded Converter to Service
11 July 2018 - South Korean stainless producer SěAH CSS has completed upgrades to the 100-ton converter at its Changwon mill, according to the contractor on the project.
Primetals Technologies Receives Final OK on German Furnace Improvements
10 July 2018 - German stainless and nickel alloy producer BGH Edelstahlwerke GmbH has signed the final acceptance certificate on upgrades to an electric arc furnace, according to the equipment supplier on the project.
Turkish SBQ Mill Plans Caster Upgrade
06 July 2018 - Turkey’s Diler Demir Celik has awarded a contract to Danieli for upgrades to a 19-year-old caster at its Dilovasi special bar quality plant near Istanbul.
Spanish Steelmaker Turns to MORE for Automated EAF Solution
06 July 2018 - Italian electric arc furnace equipment maker MORE has received orders for two of its automatic taphole filling and inspection systems.
Fives Bags Orders for Chinese Cold Mills
06 July 2018 - Equipment manufacturer Fives has won separate contracts for cold rolling mills from two Chinese mills, the company has said.
thyssenkrupp CEO Tenders Resignation
05 July 2018 - Just days after signing an agreement that will combine the European steelmaking operations of India’s Tata Steel and Germany’s thyssenkrupp, thyssenkrupp chief executive Heinrich Hiesinger has asked to step down.
Bristol Metals Finalizes Purchase of Galvanized Tube Business
05 July 2018 - Bristol Metals LLC has closed on its acquisition of Marcegaglia USA’s galvanized tube business, the company has announced.
Chinese Province Promises More Capacity Reductions
05 July 2018 - In a bid to reduce air pollution, China’s industrialized Hebei province said it plans to cut 40 million metric tons of blast furnace capacity over the next two years, reports the Reuters news service.
Big River Decides to Expand Arkansas Mill, Considers Additional Automotive Sheet Investment
02 July 2018 - Big River Steel has decided to double down on its investment in Arkansas and expand its existing facility to 3.3 million tons annually. Meanwhile, it separately is considering whether to build an advanced coating line, the company has announced.
Tata, thyssenkrupp Shake Hands on European Joint Venture
02 July 2018 - After more than two years of negotiations, India’s Tata Steel and Germany’s thyssenkrupp have agreed to combine their European steel business through a 50-50 joint venture.
Steel Dynamics Closes on Acquisition of Sheet Processing Facility
02 July 2018 - Steel Dynamics Inc. has finalized its acquisition of the former Heartland Steel sheet processing plant from Companhia Siderurgica Nacional.
Steel Dynamics Plans New Galvanizing Line for Mississippi Sheet Mill
28 June 2018 - Steel Dynamics Inc. plans to add a third galvanizing line to its Columbus, Miss., USA, sheet plant and make US$90 million to US$100 million in other improvements there.
Cleveland-Cliffs Expects HBI Plant to be Producing by Summer of 2020
27 June 2018 - Cleveland-Cliffs Inc. is ahead of schedule on its hot-briquetted iron plant and expects to put it into service by July 2020, Cliffs chairman and chief executive officer Lourenco Goncalves said Wednesday.
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.
