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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.

Restructuring Costs, Production Disruptions Contribute to Allegheny Technologies' First-Quarter Loss

27 April 2016 - Specialty metals producer Allegheny Technologies Inc. posted a net loss of US$101.2 million due to the ongoing market downturn, restructuring costs and the disruption caused by its now-ended lockout of the United Steelworkers union.

Steel Manufacturers Association Announces Winners of Safety, Innovation Awards

27 April 2016 - The Steel Manufacturers Association has named Gerdau’s Midlothian, Texas, plant as the recipient of the Don B. Daily SMA Achievement in Safety, its highest safety award.

Losses Continue to Mount for United States Steel Corp.

26 April 2016 - United States Steel Corp. posted a first-quarter net loss of US$340 million on Tuesday and announced that it filed a Section 337 petition seeking to bar unfairly traded, Chinese-made steel products from entering the country.

Founder of EAF Supplier EMPCO Ltd. Dies at 85

26 April 2016 - Edgar R. Wunsche, an engineer who founded Ontario-based EMPCO Ltd. and an AIST Life Member, died Friday, 22 April 2016, at Toronto General Hospital in Canada. He was 85.

Quad Infotech Commissions New Manufacturing Software at Virginia Mill

25 April 2016 - Software engineering and design firm Quad Infotech Inc. has completed commissioning of its QMOS manufacturing execution system at Gerdau’s large section plant in Petersburg, Va., USA, the company has announced.

Iranian Steel Exports Set New Record

25 April 2016 - Iran exported a record 4.1 million metric tons of steel in the previous Persian calendar year, reports Iran's FARS News Agency.

Nucor's First-Quarter Sales Slide, But Sees Better Times Ahead

22 April 2016 - Nucor Corp. saw its first-quarter sales decline by 16 percent, but the steelmaker said the market has begun to improve and is expecting much better results this quarter.

German Equipment Manufacturer Acquires Capco Machinery Systems

22 April 2016 - Germany’s Heinrich Georg GmbH is expanding its North American presence, acquiring roll grinder manufacturer Capco Machinery Systems for an undisclosed amount.

Electrode Maker Establishes Sales Office in Canada

22 April 2016 - Graphite electrode manufacturer SANGRAF International is opening a Canadian sales office and has hired an industry veteran to call on the electric arc furnace shops there, the company has announced.

Improvements in Flat Rolled Market Help Boost Steel Dynamics' Q1 Profits

21 April 2016 - U.S.-based Steel Dynamics Inc. doubled its first-quarter profits on greater shipments and improving market conditions, especially in its flat rolled business, the company reported Thursday.

Steel Developer Enters the AHSS Ring

21 April 2016 - An advanced materials company has delivered its first advanced high-strength steel (AHSS) to General Motors for initial testing, the company has announced.

ArcelorMittal Unveils Belgian Plant Upgrade

21 April 2016 - With the help of Belgian government leaders, ArcelorMittal ceremonially inaugurated a new EUR49 million walking beam furnace at its Gent facility.

U.S., E.U. Call for Market-Driven Restructuring of Steel

20 April 2016 - The European Union and seven countries, including the U.S., Canada and Mexico, have called for a market-driven restructuring of the world’s steel industry as the way to resolve the capacity crisis.

Salzgitter Bags Order from Offshore Gas Pipeline

20 April 2016 - Germany’s Salzgitter Group has won an order for 71,000 metric tons of large-diameter pipe from the Trans Adriatic Pipeline project, the company has announced.

Allegheny Technologies Sheds 250 White-Collar Jobs

20 April 2016 - Specialty steelmaker Allegheny Technologies Inc. is laying off roughly one-third of the salaried employees in its flat rolled division, lopping 250 positions from its payroll, the company has announced.

POSCO to Open Wire Rod Processing Plant in Indiana

19 April 2016 - South Korea’s POSCO plans to build a US$19 million wire rod processing plant along the Ohio River in Indiana, according to an announcement by the state.

SSAB Revises Portfolio, Adds New Products

18 April 2016 - Sweden’s SSAB is revising its product portfolio, introducing new products and rolling out five new brand families that group products by their use.

AIST Foundation Announces Student Video Contest Winners

18 April 2016 - Students from five high schools and universities have been named winners of the AIST Foundation’s annual marketing video contest.

Chinese Steelmaker Signs Agreement to Buy Serbian Mill

18 April 2016 - China’s Hebei Iron and Steel Group has signed an agreement to buy an unprofitable steel mill in Serbia, according to reports.

ThyssenKrupp CEO: We Want to Be a Part of European Steel Consolidation

15 April 2016 - If thyssenkrupp chief executive Heinrich Hiesinger had his druthers, the company would take part in a consolidation of Europe’s steel industry, perhaps getting together with Tata Steel’s European operation.

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