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.
Last of Mahoning Valley Furnaces Coming Down
20 October 2017 - Demolition has resumed on the last standing blast furnace in Ohio’s Mahoning River Valley, reports the The (Youngstown, Ohio) Vindicator.
Acquisition Expands Motion Industries Belting Group
20 October 2017 - U.S.-based industrial parts distributor Motion Industries Inc. has signed a deal to acquire Apache Inc., an industrial hose and belting fabricator headquartered in Iowa.
SSAB Leaving the Rust Belt for the Sun Belt
19 October 2017 - Swedish steelmaker SSAB will move its North American headquarters from the U.S. state of Illinois to Mobile, Ala., bringing it closer to its plate mill there, the company announced Thursday.
China Records Monthly Steel Production Decline
19 October 2017 - China saw its September steel production slide as mills began reducing output in keeping with government orders to reduce air pollution.
Steel Imports, Refinancing Mute Steel Dynamics' Q3 Profits
19 October 2017 - Third-quarter profits at Steel Dynamics Inc. slipped 2.5% on costs associated with debt refinancing and competition from imports, which limited price increases, the company announced Thursday.
U.S. Government Makes Inquiry Into Kobe Steel Scandal
18 October 2017 - The Kobe Steel quality-data scandal has caught the attention of the U.S. Justice Department, which has requested records related to any defective material sold in the U.S., according to The New York Times.
JSW Steel Eyes Italian Long Products Producer
18 October 2017 - India’a JSW Steel Ltd. is in the market for European opportunities and may be lining up to buy Italy’s Aferpi.
World Steel Association Names New Chairman
18 October 2017 - The World Steel Association has elected Nippon Steel & Sumitomo Metal Corp. president Kosei Shindo as chairman, the association has announced.
Forecast: The World Will Demand More Steel in 2018
16 October 2017 - Global steel demand is projected to reach 1.62 billion tons this year and grow 1.6% in the following year, according to a new short-range forecast from the World Steel Association.
Tata Executive: Spinoff of Merged European Business Will Be Later, Not Sooner
16 October 2017 - An anticipated spinoff of Tata Steel and thyssenkrupp’s European joint venture won’t happen for another two to three years, reports the Reuters news service.
Steel is Better, Stronger ... And Automakers Notice
16 October 2017 - If you’re wanting real-world examples of the inroads advanced steels have made with automakers, look no further than the Audi A8 sedan, which had used an all-aluminum body but now has returned to using steel.
Czech Mill Plans Caster Mold Improvements
16 October 2017 - ArcelorMittal’s unit in the Czech Republic, ArcelorMittal Ostrava, is upgrading a round bloom caster with a mold that uses fiber optics to read temperatures instead of thermocouples.
Kobe Steel Crisis Worsens With New Disclosure
13 October 2017 - Kobe Steel Ltd.’s product-quality data scandal worsened on Friday as the company disclosed that some steel products were shipped despite failing to meet customer specifications and that more customers had been affected by the overall problem than first thought.
Italian Mill Orders Remotely Operated Taphole Equipment
13 October 2017 - Italy’s Acciaierie Bertoli Safau has ordered an equipment package that will eliminate the need to man the eccentric bottom taphole sump panel.
Heat Treat Equipment Maker Wins Orders for Annealing Facility Expansions
13 October 2017 - voestalpine is expanding its new bell annealing facility in Linz, Austria, adding four high-temperature workbases, according to the equipment supplier, Ebner Industrieofenbau.
Fake Quality Data Could Cost Kobe Steel More than Money
11 October 2017 - About a third of the value in Kobe Steel Ltd. shares has been wiped out after the Japanese steelmaker disclosed that some employees falsified inspection certificates on copper and aluminum products and may have falsified data on powdered iron.
Report: The World Still Has Too Much Steel Capacity
11 October 2017 - The steel industry has about 330 million metric tons of capacity to spare, with more set to come on-line within the next two years, reports the Reuters news service.
Primetals Completes Overhaul of Rebar Mill
11 October 2017 - Russian long products manufacturer Abinsk Electric Steel has completed an overhaul of its meltshop and billet caster, according to the equipment supplier on the project.
SMS group to Install New Cold Mill at Pakistani Plant
11 October 2017 - SMS group has won an order for a Compact Cold Mill (CCM) from Pakistan’s Aisha Steel Mills Ltd., the equipment supplier has announced.
Gerdau Sells Chilean Long Steel Business
06 October 2017 - Gerdau SA is divesting its Chilean assets for US$154 million, the company has announced.



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