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.
U. S. Steel Reports Third Quarter Profit of $147M
02 November 2017 - United States Steel Corp. nearly tripled its third-quarter profits on higher average prices and improved shipments, the company reported.
Steelmaker, OEM Form Chinese Joint Venture
02 November 2017 - Primetals Technologies has launched a joint venture with China’s HBIS Tangshan Iron and Steel Group that will provide support for the steelmaker’s slab casters in the Hebei province.
REXA CEO Announces Retirement
01 November 2017 - REXA, a U.S.-based manufacturer of linear and rotary actuators for the process control sector, has named a company veteran as its next president and chief executive.
Research Breakthrough Could Make Additive Manufacturing with Steel More Feasible
31 October 2017 - U.S. researchers have developed a method for printing three-dimensional stainless steel components that are as strong, if not stronger, than those made through traditional methods.
Report: Chinese Steel Mills Begin Production Curtailments
31 October 2017 - China's central and provincial governments, which have ordered mill shutdowns as a way to combat air pollution during the winter heating season, might have pushed ahead production curtailments ahead of schedule, reports S&P Global Platts.
voestalpine Announces Expansion of Automotive Blanking Facility
31 October 2017 - voestalpine is investing EUR16 million, or about US$18.6 million, to expand its laser-welded blanking facility in Linz, Austria.
Amid Quality-Data Scandal, Kobe Steel Pulls Profit Forecast
31 October 2017 - Kobe Steel has withdrawn its fiscal-year profit forecast and agreed to forego paying a dividend, saying that its data-quality scandal is making it too difficult to estimate its income.
Sandvik Hires a New President, Divests Welding Wire Business
30 October 2017 - Sandvik Materials Technology has named a current executive as its new president, the company said on Monday.
Nucor Wins High-Level Supplier Recognition from Customer
30 October 2017 - Heavy equipment manufacturer Caterpillar Inc. has given Nucor Corp.'s special bar quality mill in Tennessee its highest rating under its supplier quality program, the steelmaker said on Monday.
Tenova Sees Growing EAF Market in China
30 October 2017 - Over the last eight months, Tenova has won contracts to install six electric arc furnaces at Chinese steel mills, reflecting a shift in the production route there, the company said.
Commercial Metals Expands Product Lineup Through Acquisition
27 October 2017 - Commercial Metals Company (CMC) has acquired MMFX Technologies Corp., which licenses proprietary rebar grades, for an undisclosed amount.
Democrats Prod Trump to Act on Steel Tariffs
27 October 2017 - U.S. Senate minority leader Chuck Schumer, D-N.Y., said he’ll block nominations of two Commerce Department officials if the Trump administration doesn’t move on plans to impose new trade measures against imported steel and aluminum, reports The New York Times.
ArcelorMittal Awards Contract for Caster Rebuild
27 October 2017 - SMS group has won a contract to rebuild the No. 2 slab caster at ArcelorMittal Asturias’ plant in Avilés, Spain, the equipment supplier has announced.
A Foundry Prepares to Plunge Into the Abyss
27 October 2017 - A Finnish steel foundry has been contracted to help build a submersible that will take Chinese researchers to the deepest point on Earth.
Primetals Wins Order for New Caster
26 October 2017 - India’s Star Wire Ltd. has contracted with Primetals Technologies for a new billet and bloom caster at its mill in Ballabgarh, Haryana state.
U.S. EAF Producers Gain a Bigger Voice in Congress
25 October 2017 - In a move emblematic of the shifts in American steel production, a southern U.S. representative has been appointed as co-chairman of the Congressional Steel Caucus.
New Cold Mill Put Into Service at Turkish Mill
24 October 2017 - Turkish joint venture producer Tosyali-Toyo Celik has fired up a new rolling complex that is producing cold-rolled tinplate and hot-dip galvanized and painted sheets.
Danieli Contracted for Slab Caster Upgrade
24 October 2017 - Danieli has been awarded a contract to overhaul the No 2. slab caster at ArcelorMittal Tubarão, the steelmaker’s flat-rolled plant in Serra, Brazil.
The Gears Turn, and TimkenSteel Unveils a New Line of Steel
24 October 2017 - TimkenSteel has introduced a new line of special bar quality steels that combine strength and toughness.
Sandvik Lands Order for Offshore Tube
24 October 2017 - Sweden’s Sandvik has bagged an order for 250 km worth of undersea tubing to connect a development area to an offshore platform.
