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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.
POSCO CEO to Step Down
18 April 2018 - POSCO chief executive Kwon Oh-joon has agreed to resign his post two years before his term expires, reports the Nikkei Asian Review.
Nucor's Top Raw Materials Exec Announces Retirement
17 April 2018 - Longtime Nucor executive Jim Darsey said he’ll retire on 9 June, concluding a 39-year career with the company.
U. S. Steel Appoints Two to Executive Team
17 April 2018 - United States Steel Corporation attorney Richard L. Fruehauf has been named vice president of strategic planning and corporate development, the steelmaker said Monday.
Electrosteel Acquisition Wins Tribunal Approval
17 April 2018 - Indian officials have approved ore miner Vedanta Resources' offer to acquire Electrosteel Steels Ltd., becoming the first of 12 companies forced into insolvency by India’s central bank to reach this stage.
Slovenian Steelmaker Receives New Ladle Car
17 April 2018 - SIJ Ravne Systems, part of Slovenia’s SIJ Group, has built and installed a new ladle transfer car for sister company SIJ Acroni, turning around the project in four months, the company said.
Outokumpu Broadens Marketing Agreement with German Steelmaker
17 April 2018 - Stainless steel manufacturer Outokumpu is expanding its relationship with Germany’s Böllinghaus Steel, which will distribute certain Outokumpu bar products in Germany and the United Kingdom through a new agreement.
EU Disputes Underlying Assertion in US Steel Tariffs
16 April 2018 - The European Union has joined China in challenging U.S. President Donald Trump’s decision to impose a 25% tariff on imported steel.
New Heat Treat Line Earns Final Acceptance
16 April 2018 - Romanian pipe producer TMK-ARTROM has issued the final acceptance certificate on a new heat treat line at its plant in Slatina.
Refractories Maker Opens Russian Plant
16 April 2018 - Ohio-based refractories manufacturer Allied Mineral Products Inc. has initiated production at its newest facility in Yelabuga, Russia, the company said in an announcement.
ArcelorMittal Prepared to Sacrifice European Flat-Rolled Units to Acquire ILVA
13 April 2018 - ArcelorMittal is offering to divest facilities in six European countries in order to resolve anti-competition concerns arising from its planned acquisition of Italy’s ILVA.
Pipemaking Resumes at Former National Tube Site
13 April 2018 - Large-diameter pipe producer Dura-Bond Industries has received its API certification to produce small-diameter, high-frequency welded pipe at a newly acquired facility outside of Pittsburgh, Pa., USA.
Investment Firm Adds Ontario Service Center to Portfolio
12 April 2018 - Chicago-based private equity firm Union Partners has acquired an Ontario service center and toll processor for an undisclosed amount.
Labor Talks Delay thyssenkrupp, Tata Steel Tie-Up
12 April 2018 - Ongoing labor negotiations between Tata Steel and its workers in the United Kingdom and the Netherlands are delaying its planned joint venture with Germany’s thyssenkrupp, reports the Reuters news service.
New 2.5M-Ton Russian Blast Furnace Enters Production
10 April 2018 - Russian steelmaker EVRAZ has blown in a new blast furnace at its Nizhny Tagil facility, reports the equipment supplier on the project.
China Challenges Section 232 Tariffs
10 April 2018 - China has filed a complaint with the World Trade Organization (WTO) over U.S. President Donald Trump’s 25% tariff on imported steel and 10% tariff on imported aluminum.
In Vietnam, Is Coating Chinese Steel Transshipping, or Good Business?
10 April 2018 - Among the U.S. steel industry’s trade-related grievances has been the practice of transshipping – exporting goods via a secondary country to disguise their origin.
JSPL Sees Big Gains in Crude Steel Output
09 April 2018 - With its new integrated plant fully operational, Jindal Steel & Power Ltd. (JSPL) is setting internal production records, reports the Press Trust of India.
Previously Unreported Data Accounts for China's Scrap Use Increase, Says Recycling Industry Group
09 April 2018 - In March, the non-profit Bureau of International Recycling reported that China’s scrap consumption suddenly surged between 2016 and 2017, rising slightly more than 64%.
Ohio HBI Plant to Utilize AUMUND Cooling Technology
09 April 2018 - Bulk material conveying specialist AUMUND Fördertechnik GmbH has signed a contract to supply the evaporation cooling system on iron ore miner Cleveland-Cliffs Inc.’s hot briquetted iron plant in Ohio, the company said Monday.
Australian Steelmaker Receives Trial Order for Submarine Steel
09 April 2018 - Bisalloy Steels, an Australian manufacturer of performance steel plate, has signed an agreement with a naval defense contractor to supply an initial 250 metric tons of specialized plate for the country’s submarine program.
