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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.

Steel Dynamics Sees Increase in Demand, Profits

20 April 2017 - Improving steel demand and rising prices allowed Steel Dynamics Inc. to more than double its first-quarter profits, the company said on Wednesday.

March Was a Banner Month for China's Crude Steel Production

19 April 2017 - China set a new crude steel production record in March, making 72 million metric tons and besting the previous record by nearly 2%, according to the price and information service S&P Global Platts.

U.S. Trade Officials Initiate Wire Rod Investigation

19 April 2017 - The U.S. Department of Commerce has launched a dumping investigation into carbon and alloy wire rod from 10 countries.

Forecast: Indian Steel Production Poised to Double by 2032

18 April 2017 - India’s steel output is expected to double over the next 15 years as its economy grows and its citizens move toward the cities, reports the Bloomberg news service.

Plans for Giant Steel Plant Put on Hold

18 April 2017 - Vietnam’s prime minister has stopped Hoa Sen Group’s massive $10.6 billion integrated steel plant to allow more time to study its feasibility and environmental impacts, reports Vietnam’s VnExpress newspaper.

Primetals Technologies Tapped for Rebar Mill Improvements

18 April 2017 - Primetals Technologies has won an order to install a continuous rolling system at a rebar mill in Abu Dhabi, the mill builder has announced.

Russian Steelmaker Looks to Sell Long Products onto Europe

18 April 2017 - The Russian government is extending an RUB 300 million to Mechel PAO, which plans to expand its Chelyabinsk Metallurgical Plant for the export structurals market.

TimkenSteel Gains API Quality Management Certification

13 April 2017 - TimkenSteel has been awarded the American Petroleum Institute’s Q1 quality management certification and has been granted a license to apply the institute’s registered certification mark on certain products, the steelmaker has announced.

SMS Wins Contract for Bar Mill Modernization

13 April 2017 - Spain's Sidenor Aceros Especiales SL has awarded a contract to SMS group to modernize the bar mill at its Basauri facility.

Russian Steelmakers Invest More than US$200 Million in Environmental Initiatives

13 April 2017 - Russia’s NLMK Group increased spending on environmental projects and controls by 12% in 2016, the steelmaker reported.

Two Look to Acquire Bankrupt Essar Steel Minnesota

11 April 2017 - Iron ore miner and an investor group are making competing bids for the former Essar Steel Minnesota, the half-built taconite mine and processing plant in Minnesota’s Iron Range, reports the Minneapolis Star Tribune newspaper.

Rebuilt Converter Resumes Production at POSCO Mill

11 April 2017 - POSCO has restarted a LD (BOF) converter at its Gwangyang plant following a project to modernize the approximately 30-year-old unit.

Swedish Steelmaker Wins Multimillion Order for Umbilical Pipe

11 April 2017 - Sweden’s Sandvik Materials Technology has bagged a SEK400 million (US$44.2 million) exclusive order for stainless umbilical tubes to be used in the offshore Leviathan natural gas field, the company said on Tuesday.

Thyssenkrupp joint venture would be 'high risk,' labor union says

11 April 2017 - Germany’s largest labor union is voicing disapproval of a potential joint venture between thyssenkrupp AG and Tata Steel, the Bloomberg news service reports.

Quaker Chemical, Houghton International Agree to Merge

10 April 2017 - Metalworking fluids maker Quaker Chemical Corp. is acquiring Houghton International Inc. through a deal valued at more than US$1.4 billion.

Danieli Wins Order for Vacuum Degasser Upgrade

10 April 2017 - Russia’s JSC Ural Steel has awarded a contract to Danieli Centro Met for upgrades to the vacuum degasser at its Novotroitsk facility.

AK Steel Celebrates Opening of New Research Center

07 April 2017 - AK Steel officially opened its US$36 million Research and Innovation Center during a ribbon-cutting ceremony on 7 April. More than 100 people, including local, state and federal officials, and AK Steel staff and managers, attended.

To Drive Sales, British Steel Invests in New Rail Facility

05 April 2017 - British Steel has opened a new long-rail logistics center in northern Italy to support sales in that country.

Aperam Finalizes Divestment of French Welded Tube Business

05 April 2017 - Stainless and specialty steel producer Aperam has the completed the sale of its French welded stainless tube business, the company has announced.

Indian Steelmaker Signs Off on Meltshop, Rolling Mill

05 April 2017 - India’s BMM Ispat has issued the final acceptance certificates for its new electric arc furnace and merchant bar mill at its Hospet plant in the state of Karnataka.

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