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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.
Higher Steel Prices Boost Q2 Profits at Steel Dynamics
20 July 2017 - Steel Dynamics Inc. saw its second-quarter profits rise 8.5% on higher average prices for its steel.
This Is Heavy News: Mechel Casts a 50-Metric-Ton Ingot
20 July 2017 - Mechel PAO’s Chelyabinsk works in Russia has cast its first 50-metric-ton ingot, officially marking its entry into the oversized special steel market.
Steelmakers Nearing Agreement on Establishing New Cold Mill
20 July 2017 - The Steel Authority of India (SAIL) and ArcelorMittal are closing in a joint venture cold mill that would produce automotive steel, reports the Press Trust of India.
New Owner of Australian Steel Works Promises Big Investment
19 July 2017 - Steel entrepreneur Sanjeev Gupta said he and his family plan to invest nearly US$780 million in Australia’s integrated Whyalla steel works, according to reports.
Direct Quenching System Now in Service at Nucor Mill
19 July 2017 - Nucor Corp.'s Tuscaloosa, Ala., plant has put a Danieli direct quenching system into service, the equipment supplier said on Wednesday.
Planned Outage Impacts Quarterly Production At EVRAZ North America
19 July 2017 - EVRAZ North America's crude steel production fell 8.3% between the first and second quarters of 2017 on account of a project outage.
SMS Delivers Caster to New Billet Plant
19 July 2017 - SMS Concast has supplied a 6-strand caster to a greenfield steel plant in the Iranian province of Yazd, the company said Wednesday.
Imposing Section 232 Measures Could Start Trade War, Critics Say
18 July 2017 - U.S. President Donald Trump is being warned that he could wind up instigating a trade war and upending the global trading system if he imposes restrictions on steel imports in the name of national security, reports The Hill newspaper.
Welded Tube Manufacturer Acquiring Ohio Company
17 July 2017 - Ohio-based Phillips Tube Group is acquiring another Ohio welded tube manufacturer and consolidating operations into its current facilities, reports The (Lisbon, Ohio) Morning Journal.
Commissioning Underway on New PCI Units at Russian Blast Furnaces
17 July 2017 - Blast furnace specialist Paul Wurth and Russia’s NLMK Group have begun commissioning new pulverized coal injection units at the steelmaker’s Lipetsk works.
Polytec Wins Order for Meltshop Robots
17 July 2017 - Two European steelmakers have awarded contracts to industrial robotics manufacturer Polytec S.r.l. to automate production steps.
Chinese Steelmaker Puts Fives Bar Straightener on Order
17 July 2017 - Russian equipment manufacturer Fives has won an order for a Bronx straightening machine from Baosteel Special Metals Shaoguan in China.
Trump: Maybe I'll Set Both Steel Tariffs and Quotas
13 July 2017 - U.S. President Donald Trump said he might impose both tariffs and quotas on steel imports to keep volumes of foreign steel in check.
Economists To Trump: Don't Impose Section 232 Steel Tariffs
12 July 2017 - A group of economists who all served as U.S. presidential advisers are warning that new restrictions on imported steel could harm relationships with allies and damage the economy.
Report: No Deal Yet on Closed Wire Rod Mill Acquisition
11 July 2017 - The sale of an American wire rod mill remains on hold while the buyer continues to seek financial incentives from the state of South Carolina, reports The (Charleston, S.C.) Post and Courier.
Kobe Steel Completes Expansion of Wire Rod Processing Plant
11 July 2017 - Kobe Special Steel Wire Products (Pinghu) Co. Ltd. has started up new pickling unit at its cold-heading quality wire plant in the Chinese province of Zhejiang.
Galvanizer Plans South Carolina Facility
11 July 2017 - A fabricated steel products galvanizer plans to build a US$14.1 million facility in South Carolina, the South Carolina Department of Commerce said on Tuesday.
Liberty House Acquires Two Tata Pipe Mills
11 July 2017 - Metals entrepreneur Sanjeev Gupta’s Liberty House Group has reached a deal to acquire two large-diameter pipe mills from Tata Steel U.K.
EUROFER Upbeat on Steel's Prospects for Remainder of Year
11 July 2017 - The European Union’s first-quarter apparent steel consumption rose 3.1% year-over-year and is expected to grow through the remainder of 2017, but U.S. steel trade policies could have “disastrous” consequences, according to EUROFER, the European Steel Association.
Steel Distributor Expands Processing Capabilities
11 July 2017 - Stainless and specialty alloy distributor United Performance Metals has installed a new edging line at its Hamilton, Ohio, USA, headquarters and has added edging and slitting capabilities to its La Mirada, Calif., facility, the company has announced.
