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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.
Algoma Blast Furnace Stove Rebuild Underway
25 August 2017 - Canadian steelmaker Algoma has begun rebuilding one of the four stoves serving the blast furnace at its Sault Ste. Marie, Ont., plant.
U. S. Steelmakers Make the Case for Import Restrictions Directly to Trump
24 August 2017 - Top executives at 25 American steel companies have appealed directly to President Donald Trump for relief from imported steel.
Big River Closes on US$1 Billion in Financing
24 August 2017 - Arkansas-based Big River Steel LLC has obtained more than US$1.2 billion in new financing, the company said Thursday.
Gerdau Appoints New CEO
24 August 2017 - The executive members of Gerdau SA's founding family will withdraw from their day-to-day management duties at the beginning of next year, the company announced Thursday.
Report: Two International Steelmakers Eyeing India's Essar Steel
23 August 2017 - Tata Steel and POSCO might be among the companies looking at acquiring debt-stricken Essar Steel, which is operating under Indian insolvency laws.
SMS group Employs 3D Printing to Make Closed-Die Forging Press Part
23 August 2017 - SMS group said it has begun to manufacture closed-die forging press spray heads by way of 3D printing, allowing for production of a lightweight and tailored component.
Danieli to Equip Vietnamese Rebar Mill
23 August 2017 - Vietnam’s Ho Phat Group has awarded a contract to Danieli for casting and rolling equipment at its planned US$3 billion iron and steel plant in the Quang Ngai province.
Mills Grapple With Graphite Electrode Shortage
22 August 2017 - Tight supplies of a key material and rising electric arc furnace steel production are crimping availability of graphite electrodes, sending prices through the roof, according to news and pricing service S&P Global Platts.
For Automakers, Steel May Be the Best Deal
22 August 2017 - The automakers, it seems, just can’t quit steel.
American Tube Is Now Atlas Tube — Birmingham
22 August 2017 - Pipe and tube producer Zekelman Industries has renamed its American Tube Manufacturing unit as Atlas Tube — Birmingham, the company has announced.
BlueScope Steel Names New Chief Executive
21 August 2017 - Australia’s BlueScope Steel Ltd. has a named a company veteran to succeed chief executive Paul O’Malley, who is set to retire at the end of the year.
TMK Looks for Strong Second Half of 2017
21 August 2017 - Russian tubemaker PAO TMK posted a US$19 million loss in the second quarter, but remained profitable through the first half of 2017, the company said.
United Steelworkers on Strike at Ohio Tube Plant
21 August 2017 - Union employees at PTC Alliance Corp.’s Alliance, Ohio, USA, plant went on strike Friday after a failing to reach a new agreement with management by an 11 p.m. deadline.
Steelmakers Coming Around to Hedging, LME Executive Says
21 August 2017 - Despite some early skepticism, steel mills might be starting to warm to the idea of steel futures and have been testing out London Metal Exchange contracts, according to Reuters news service.
British Steel Opens International Sales Offices
18 August 2017 - A year following its split from Tata Steel Europe, British Steel officially has established its international presence, opening nine overseas sales offices under its brand.
Doedijns Group Acquires U.S. Hydraulic Equipment Maintenance Business
18 August 2017 - Alabama-based Hadco Services Inc., which specializes in hydraulic equipment repair and maintenance, has been acquired by Logan Industries International Corp., the U.S. subsidiary of Doedijns Group International (DGI).
Steel Manufacturers Association Recognizes Three for Safety Achievements
18 August 2017 - The Steel Manufacturers Association (SMA) has named two people and a steel facility as the recipients of the 2017 Don B. Daily Achievement in Safety award, the association's highest safety recognition.
Volkswagen SUV Makes Heavy Use of Light Steels
18 August 2017 - The 2018 Volkswagen Atlas, the largest SUV that the German automaker sells in the U.S., makes extensive use of advanced steels – and handily passed its Insurance Institute for Highway Safety crash tests, notes the Society of Collision Repair Specialists’ Repairer Driven News.
U.S. Stainless Flange Producers File Dumping Complaint Against China, India
17 August 2017 - Two U.S. flange makers have filed a dumping complaint against China and India, alleging that producers in those countries are selling forged stainless flanges below cost.
POSCO to Boost Hiring Over Next Four Years
17 August 2017 - South Korea’s top steelmaker said it will step up hiring to secure its workforce through the digital revolution, according to The Korea Times newspaper.
