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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 Industry Urged to Embrace Innovation, and Quickly

17 May 2016 - United States Steel Corporation chief executive Mario Longhi issued a challenge to the steel industry, saying that it must innovate or run the risk of being displaced by other materials.

Longhi says U. S. Steel Section 337 Case ‘Solid’

17 May 2016 - The U.S. International Trade Commission (ITC) is to decide by next week whether to pursue an investigation into U. S. Steel Corp. allegations that Chinese producers have violated trade rules. In the meantime, president and CEO Mario Longhi is refraining from speculating on the odds that the case advances.

Rainfall Hampers Start of Work on New Mill

17 May 2016 - Construction on Commercial Metals Company’s new micro-mill in Oklahoma is off to a soggy start.

UAE Investment Firm Plans New Rebar Mill

17 May 2016 - An investment firm that is partly owned by the United Arab Emirates has signed an agreement to build a 300,000 metric ton rebar plant, reports The National newspaper.

Professor: Low Prices Leaves Less for Steel Research

16 May 2016 - New research tools are allowing metallurgists to gain an even better understanding of steel’s molecular structures, opening windows of insight into existing products and opening doors that could lead to improved processes.

Refractories Manufacturer Looks Overseas for Growth

16 May 2016 - Pittsburgh, Pa.-based refractory maker HarbisonWalker International has taken a few more steps to reorganize itself following its exit from asbestos-related bankruptcy, hiring a new chief technical officer, revealing its intent to expand overseas and unveiling a rebranding effort.

Japan's No. 1 Steelmaker Strikes Deal to Buy Out Its No. 4 Rival

16 May 2016 - Japan’s largest steelmaker is acquiring a majority stake in the country’s fourth-largest producer, Nisshin Steel Co., as a defense against the supply glut, reports The Japan Times.

Terex Cancels Merger With Konecranes, But Strikes a Different Deal

16 May 2016 - U.S.-based Terex Corp. has halted its planned merger with Finland’s Konecranes Oyj, but will instead sell its materials handling and port solutions business to Konecranes in a deal valued at approximately US$1.28 billion, according to reports.

Producers, Buyers Ask U.S. Trade Commission to Quash U.S. Steel Complaint

15 May 2016 - China’s second-largest steelmaker – and some U.S. buyers – have told the U.S. International Trade Commission that it should reject United States Steel Corporation’s petition to bar imports of Chinese-made steel from entering the country, according to reports.

AIST's Annual Trade Show to See One of Its Best Turnouts

15 May 2016 - More than 7,500 people are expected to attend the Association for Iron & Steel Technology’s annual conference and exposition, AISTech, which informally opened Sunday in Pittsburgh, Pa.

G7 to Address Excess Steel Capacity

15 May 2016 - The world’s seven wealthiest countries may adopt measures to address the global steel glut during their upcoming summit in Japan, according to the Reuters news service.

G7 to Address Excess Steel Capacity

15 May 2016 - The world’s seven wealthiest countries may adopt measures to address the global steel glut during their upcoming summit in Japan, according to the Reuters news service.

(UPDATE) Nucor to Open New Joist, Decking Facility in Canada

15 May 2016 - Nucor Corp.'s joist and decking unit is setting up a fabrication shop in Canada and plans to begin producing products later this year, the company has announced.

Automaker, Supplier Honored for AHSS-Based Rear Frame That Sheds Weight, But Not Safety

11 May 2016 - The Steel Market Development Institute has recognized Honda’s North American research and development unit and automotive parts manufacturer Gestamp for their work on a project incorporating advanced, high-strength steel into hot-stamped rear frames for the Honda Civic.

Steel Prices Rebound, and Chinese Mills Restart

11 May 2016 - As steel prices rebound, Chinese mills that were shut down are returning to life and resuming production, despite global wishes for the country to cut its excess capacity.

Tata Sets its Eye on Seven Bids -- Maybe More -- for U.K. Business

11 May 2016 - Seven preliminary offers for Tata Steel’s U.K. business have passed an initial review and will receive further consideration from the company. And it may add others to the list, Tata has announced.

ArcelorMittal Gives Electrical Simulator Access to its Electrical Steel Data

10 May 2016 - ArcelorMittal has agreed to share material data about its electrical steels with a simulation software designer, the steelmaker announced on Tuesday.

Explosion Causes US$5 Million in Damage to Ohio Mill

10 May 2016 - North Star BlueScope Steel is continuing to produce steel following a weekend explosion and fire at its Ohio, USA, sheet mill.

Steel Associations Urge China to Continue Discussing Global Excess Capacity

09 May 2016 - Ten steel associations in North and South America and Europe said they are disappointed that China declined to commit to further action on its excess steelmaking capacity, but are urging the country to be involved in future conversations on the topic.

Steel Companies Look to Buy Italian Steel Works

09 May 2016 - Italian steel processor Marcegaglia Group and ArcelorMittal have made an offer for the Ilva mill, Italy’s largest steel works, reports the Reuters new agency.

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