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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.

JSW Acquires 111 Million MT in Iron Ore Reserves

07 October 2016 - India’s JSW Steel has won an auction for five iron ore mines in the state of Karnataka, reports the Business Standard newspaper.

Worthington Steel Replaces Rolling Mill Gauges

06 October 2016 - IMS Systems Inc., a maker of x-ray, isotope and optical measuring systems, has installed two thickness gauges on the 56-inch cold reversing mill at Worthington Steel’s facility in Cuyahoga Heights, Ohio, the company has announced.

SMS Opens New U.S. Service Center, Dedicated Roll Shops

06 October 2016 - SMS Technical Services has opened a new repair and maintenance shop in Arkansas to serve the Big River Steel facility and other regional steelmakers, the company has announced.

NAFTA Changes Would Impact U.S., Mexican Economies

05 October 2016 - Revisions to, or outright cancellation of, the North American Free Trade Agreement, would negatively impact both the U.S and Mexico, according to CRU steel consultant Thais Terzian.

To Win, Steel Companies Better Learn to Share

05 October 2016 - The time has come for steel companies to consider sharing inventory, assets and capacity as a way to maintain to profitability and competitiveness – and to better meet the needs of customers, Ryerson Holding Corp. chief executive Edward Lehner said on Wednesday.

Independence Tube Acquisition Might Spark Needed Consolidation of Structural Tube Producers, Says Zekelman Industries CEO

05 October 2016 - Nucor Corp.’s acquisition of Independence Tube will benefit the structural tube sector and will likely lead to additional acquisitions within the segment, Zekelman Industries executive chairman and chief executive Barry Zekelman said on Wednesday.

With Low Oil Prices, U.S. Mills Lose Relative Energy Advantage

04 October 2016 - Not only have falling oil prices lowered the demand for steel pipe and tube, they’ve dulled a cost advantage U.S. steel producers had over their counterparts elsewhere in the world, according to an industry consultant.

Steel Construction Expected to Soften in 2017

04 October 2016 - There are many adjectives that will adequately describe the state of the steel construction markets in 2017, and none of them are particularly good, at least as the American Institute of Steel Construction sees it.

Analyst: Expect Tighter Competition in U.S. Sheet Market

04 October 2016 - Supply-side competition in the U.S. sheet market is likely to stiffen in the year ahead as new players enter the market and others become more aggressive, according to one analysts.

Steelworkers Approve New Labor Agreement With Cliffs Natural Resources

30 September 2016 - Members of the United Steelworkers union have ratified a three-year labor agreement with iron ore producer Cliffs Natural Resources, the company announced on Thursday.

Taiwanese Rebar Maker Equipping Itself for Continuous Rolling

30 September 2016 - Taiwan’s Tung Ho has ordered a new continuous billet welder for its Taoyuan bar mill, enabling the facility to operate in endless rolling mode.

AIST Announces Expansion of Global Headquarters

30 September 2016 - The Association for Iron & Steel Technology is acquiring full ownership of its shared headquarters, a move that will accomodtae fututre growth of the association, the association has announced.

SAIL Develops Special Cold-Weather Steel

30 September 2016 - The Steel Authority of India Ltd. has developed a type of steel designed specifically for use in extremely cold environments and has shipped its first order, reports the Business Standard newspaper.

Steel Company Revives Scottish Plate Mills

28 September 2016 - Liberty Steel has recommissioned two affiliated plate mills in Scotland and is looking to eventually increase production to 500,000 metric tons annually, according to the Reuters news service.

Researchers Developing High Silicon Steel That's Less Brittle -- And Less Expensive

28 September 2016 - The U.S. Department of Energy has awarded a US$3.8 million grant to a research team that is helping to create smaller and more powerful electric motors based on a developmental electrical steel.

Chilean Steelmaker Produces First Heat of Nanotech Rebar Steel

27 September 2016 - MMFX Technologies Corp. has established a production partnership with CAP Steel, which has produced its first heat of MMFX’s ChrōmX 9100 concrete-reinforcing steel at its Huachipato plant in Talcahuano, Chile, according to announcement.

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