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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.

Essar Steel Minnesota Mineral Leases in Jeopardy

06 July 2016 - Essar Steel Minnesota has missed a deadline to reimburse the state of Minnesota US$66 million in incentives related to its stalled taconite mining project and now could lose its public mineral leases, reports the Minneapolis Star Tribune.

Nucor Awards US$900M Material Handling Contract

06 July 2016 - Kinder Morgan Inc. has signed a US$900 million agreement to provide bulk material handling services at five Nucor Corp. facilities, the company has announced.

Break-Up of Brazil's Usiminas an Option, Says Executive

06 July 2016 - One way to end the dispute between Brazilian steelmaker Usiminas’ controlling shareholders might be break apart the company, a top executive of one the shareholders said, according to the Reuters news service.

'Brexit' Puts the Brakes on Sale of Port Talbot Works

05 July 2016 - The uncertainty arising from the U.K.’s Brexit vote is prompting Tata Steel to pause the sale of its Port Talbot works, reports The (London) Sunday Times.

German Authorities Search Auto Manufacturers' Offices in Steel-Price Collusion Investigation

05 July 2016 - German antitrust regulators have opened an investigation into whether the country’s leading automakers and two of the world’s biggest parts suppliers were fixing prices for the steel they bought, according to reports.

thyssenkrupp Service Centers Sport New Name, And Two New Facilities

05 July 2016 - thyssenkrupp is renaming its expanding service center unit to better reflect its know-how in processing carbon and stainless steel and aluminum, the company has announced.

Lenders to Begin Looking at Restructuring Essar Steel Ltd. Debt

05 July 2016 - India’s indebted Essar Steel Ltd. has failed to find a taker for a majority stake in the business, and now its lenders are moving to begin debt restructuring talks, reports Indian business publication Mint.

SMS Company Tapped to Upgrade HDGL Line at Alabama Plant

01 July 2016 - SMS group’s Drever International has won a contract for upgrades to a steel finishing plant in Alabama, the company has announced.

Illinois Pipemaker Adopts a New Name

01 July 2016 - Chicago-based pipe and tube maker JMC Steel Group Inc. has changed its name to Zekelman Industries Inc., the company has announced.

Electric Metal Makers Guild Names New President, Officers

01 July 2016 - Tom Kantor, the general manager of primary operations at Carpenter Technology Corp.’s Latrobe, Pa., facility, has been named president of the Electric Metal Makers Guild.

Steelworkers Union Calls for More Action on Unfair Steel Trading

01 July 2016 - The United Steelworkers union said that while it welcomes a commitment to coordinating trade enforcement efforts throughout North America as a means to curbing the world’s excess steel capacity, more aggressive action is needed.

World's Biggest Steelmaker Looks to Become Even Bigger

30 June 2016 - ArcelorMittal and Italy’s Marcegaglia SpA have put down an offer on the country’s troubled Ilva steelworks in the city of Taranto, ArcelorMittal has announced.

Steel Dynamics Expands SBQ Finishing Capabilities Through US$126M Deal

30 June 2016 - U.S.-based Steel Dynamics Inc. is acquiring America’s largest maker of threaded rod for US$126 million, the company announced on Thursday.

Report: USSC Rejects Essar Global Offer, Two Remain in the Running

28 June 2016 - Essar Global, which last month was disqualified to bid on Canada’s Essar Steel Algoma, reportedly has been dropped as a U.S. Steel Canada suitor as well, according to The Hamilton Spectator newspaper.

Workers Return to Idled U.S. Steel Corp. Mill

28 June 2016 - Steadily improving market condtions have allowed United States Steel Corp. to recall most of the laid-off employees at its East Chicago tin mill in northwest Indiana, reports The Times newspaper.

China Says It Might Challenge U.S. Import Duties

28 June 2016 - China’s commerce ministry, which has said America’s imposition of import duties on certain steel products is protectionist, now says it might sue the country through the World Trade Organization, according to the Reuters news service.

Proposed 10M-Ton Mill Wins Environmental Approval

27 June 2016 - The Indian government has given environmental clearances to an integrated steel plant that JSW Steel is proposing to build in the state of Jharkhand.

U.S. Trade Commission Upholds Duties on Corrosion-Resistant Steel

27 June 2016 - The U.S. International Trade Commission has affirmed that domestic producers are being harmed by imports of corrosion-resistant steel from five countries, including China.

Two Chinese Steelmakers Explore Mega-Merger

27 June 2016 - Baosteel Group Corp. and Wuhan Iron & Steel Group Corp., two of China’s largest steelmakers, are considering a merger, potentially creating a company that could rival No. 1 ArcelorMittal SA, according to reports.

Indian Coking Coal Demand Poised for Significant Increase

23 June 2016 - India’s coking coal demand is likely to increase by 45 percent by 2020 as the country looks to expand its steel production, according to The (India) Economic Times.

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