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. Official Rebukes China for Excess Steel Capacity
06 June 2016 - U.S. Treasury Secretary Jack Lew criticized China on Monday for enabling the steel glut, which has driven down prices and forced steelmakers to idle mills, reports The Washington Post.
ArcelorMittal Prepares to Launch New High-Strength Auto Steel
06 June 2016 - ArcelorMittal is preparing to roll out a new high-strength automotive steel later this year, reports the (London) Financial Times.
Fives Names New President of Machine Tool Manufacturing Unit
06 June 2016 - Longtime manufacturing executive Steve Thiry has been named president of production machinery manufacturer Fives Cincinnati, the company has announced.
U.S. Should Resolve Trade Disputes Through Discussion, Not Protectionist Measures, Says China Official
03 June 2016 - Barring Chinese-made steel from the U.S. market would be an abuse of trade remedies, Zhu Guangyao, China’s vice minister of finance, said on Thursday, according to Xinhua, the country’s official news agency.
AHMSA Installs New Plate Normalizing Line
03 June 2016 - Altos Hornos de México S.A.B. de C.V. (AHMSA) has begun processing plates on a newly installed normalizing line at its Monclova works, according to the equipment supplier.
Reports: U.K. Government May Loan Tata Steel Millions to Keep It from Leaving
03 June 2016 - Tata Steel, which in March announced that it no longer thought it could make steel profitably in the U.K. and would exit the market, may not leave after all.
Metals Trader Announces Plans to Expand U.K. Mill
31 May 2016 - Metals executive Sanjeev Gupta and his firm, Liberty House, plan to nearly double the capacity of its Welsh rolling mill and add 2 million metric tons of liquid steelmaking capacity there, the firm announced on Tuesday.
Severstal Plans Pickling Line Upgrade
31 May 2016 - Severstal has ordered a double-headed edge trimmer for the No. 3 continuous pickling line at its facility in Cherepovets, Russia, the vendor on the project has announced.
ArcelorMittal USA Signs Decade-Long Pellet Supply Agreement
31 May 2016 - U.S. iron ore producer Cliffs Natural Resources has signed a new 10-year pellet supply agreement with ArcelorMittal USA, which will buy up to 10 million long tons over the life of the deal.
Trade Commission Moves Forward on U.S. Steel Corp. Complaint
27 May 2016 - The U.S. International Trade Commission will pursue United States Steel Corporation’s Section 337 trade complaint against the largest of Chinese steel producers, the commission has announced.
G7 Resolves to Address Global Steel Glut
27 May 2016 - Leaders of the world’s seven wealthiest countries promised on Friday that they would take steps to address global excess steelmaking capacity, reports the Reuters news service.
Dubai Steelmaker's Rebar Wins Standards Certification
27 May 2016 - The Dubai Central Laboratory has awarded a standards certification to a nanocrystalline rebar being manufactured by United Arab Emirates-based Star Steel International.
Automaker Picks ArcelorMittal for New Supplier Program
27 May 2016 - A German automaker has chosen ArcelorMittal to participate in a new vehicle-development program designed to quicken innovation and to help it meet the needs of a global market.
New Cooling Stack On Order for Pilot Process Plant
24 May 2016 - A German plant engineering firm is building a new and larger gas cooling section for the Hlsarna steelmaking process pilot plant in the Netherlands, the company has announced.
China Trying to Discourage Steel Exports, Industry Group Says
24 May 2016 - Exports of Chinese-made steel are being driven by market forces and rose last year in spite of government action intended to reduce incentives for selling overseas, the China Iron & Steel Association said, according to the Reuters news agency.
Iron Ore Producers Should Focus on the Long Term With China's Steel Mills, Says CISA
20 May 2016 - China Iron & Steel Association Secretary General Liu Zhenjiang said iron ore miners should seek longer-term, mutually beneficial supply deals with Chinese steel mills, instead to trying to turn a profit on short-term price increases, according to Platts.
Measurements Lab Completes Refurbishment of Deadweight Machine
20 May 2016 - Technicians have completed a 16-month project to refurbish the world’s largest deadweight machine, according to the U.S.-based National Institute of Standards and Technology.
AIST Appoints New Board President, Officers
20 May 2016 - The general manager of America’s largest integrated steel works has been named president of the Association for Iron & Steel Technology, the association has announced.
Financing Costs, Used Auto Supply Likely to Restrain Growth in New Car Sales, Says SDI Executive
18 May 2016 - Steelmakers are continuing to look to the automotive market as source of healthy demand, but one steel executive said he’s not as bullish as others when it comes to auto sales forecasts in the U.S.
U.S. OCTG Market Remains a Good Long-Term Play, Says Tubemaker
18 May 2016 - Even with the U.S. rig count flirting with the 400 mark, TMK IPSCO chairman and chief executive Piotr Galitzine said long-term opportunities in America’s shale-based energy market remains.
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