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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.

Labor Union to Meet With Tata Steel Leaders Over Layoff Reports

11 January 2016 - The United Kingdom’s Community labor union said it plans to meet with Tata Steel officials over reports that the company might lay off hundreds of people at its Port Talbot works in Wales, according to the BBC.

U. S. Steel Canada Stakeholders in Talks With Potential Buyers, Investors

11 January 2016 - Outside investors are taking a look at buying -- or buying into -- U. S. Steel Canada Inc. (USSC), which has been operating under creditor protection since September 2014, reports The (Toronto) Globe and Mail newspaper.

POSCO Highlights New Steels at Auto Show

11 January 2016 - South Korea’s POSCO is attending the North American International Auto Show in Detroit, Mich., USA, where it is unveiling its next-generation twinning-induced plasticity (TWIP) steel and showcasing its hot press forming steel, according to BusinessKorea magazine.

TMK IPSCO Executives Leaving Company

11 January 2016 - TMK IPSCO president and CEO David S. Mitch has stepped down from his role with the oil country tubular goods maker, the company has announced.

Update: Job Cuts Might Be on the Way at U.S. Steel's Ohio Tube Plant

08 January 2016 - United States Steel Corporation is planning to cut production and lay off approximately 260 employees at its Lorain, Ohio, tubular operation, according to The (Elyria, Ohio) Chronicle-Telegram newspaper.

Mintal Group Places Order for New Ferrochrome Plant

08 January 2016 - China Minmetal Corp.’s Mintal Group joint venture has ordered a new ferrochrome plant capable of producing 300,000 metric tons annually, according to the vendor on the project.

Nucor Postpones Decision on US$3.4B Louisiana Steel Works

08 January 2016 - The future of Nucor Corp.’s proposed US$3.4-billion Louisiana steel works is in question after the company left US$130 million in state economic incentives sitting on the table, reports The (New Orleans) Times-Picayune newspaper.

Cold Finished Steel Bar Institute Names New Officers

07 January 2016 - The Cold Finished Steel Bar Institute has elected Nelsen Steel Co. president Bill Geary as chairman, the trade association has announced.

Magnetation Idles Iron Ore Concentrate Plant

07 January 2016 - Minnesota-based Magnetation LLC is idling the second of its three iron ore concentrate plants and expects to lay off approximately 160 people, according to reports.

Republic Steel to Mothball Ohio Rolling Mill

07 January 2016 - Special bar quality manufacturer Republic Steel has announced that it will idle its Lorain, Ohio, USA, rolling mill by March and lay off approximately 200 workers, according to media reports.

U. S. Steel's Day in Court Coming on USSC Debt Claims

07 January 2016 - Attorneys for United States Steel Corporation are due in a Canadian court next week, where they will argue that $2.2 billion in debt claims on the company’s Canadian operation are valid – over the objections of a labor union, active and retired salaried employees, and local and provincial governments, according The Hamilton (Ontario) Spectator newspaper.

Canadian Iron Ore Producer Pulls Back on Winter Operations

06 January 2016 - Tata Steel Minerals Canada (TSMC), the steelmaker’s iron ore joint venture in Canada, is scaling down winter operations at its direct-shipping ore project.

Automakers: 2015 Was a Banner Year for Sales

06 January 2016 - As depressed as the steel markets might be, there’s at least this much to hold on to:

Italy's Ilva Group Put On the Sales Block

06 January 2016 - The Italian government is seeking a buyer for the ailing Ilva steel group, according to reports.

Nucor to Restart DRI Plant

06 January 2016 - U.S.-based Nucor Corp. intends to resume production at its Louisiana direct reduced iron (DRI) plant by the end of January, the company has announced.

Stainless Association Elects New Leadership

05 January 2016 - Universal Stainless & Alloy Products Inc. president and CEO Dennis M. Oates has been elected as chairman of Specialty Steel Industry of North America (SSINA), the organization has announced.

Electrical Upgrades Underway at Gerdau Bar Mill

04 January 2016 - Italy’s Automazioni Industriali Capitanio (AIC) is installing a new rolling mill control system at Gerdau's Jackson, Tenn., USA bar plant, the company has announced.

Outotec to Cut 150 Jobs in Finland

04 January 2016 - Finland’s Outotec will cut 150 jobs at home and throttle back production at a machine shop and at its filters unit as it attempts to pare EUR70 million in fixed costs.

SAIL, ArcelorMittal Hoping to Formally Establish New JV Later This Year

04 January 2016 - Executives at Steel Authority of India Ltd. (SAIL) and ArcelorMittal are looking to finalize a joint venture sometime this year for a new automotive steel mill in India, according to The (India) Economic Times newspaper.

Steelworkers, Allegheny Technologies Return to Bargaining Table

04 January 2016 - U.S.-based Allegheny Technologies Inc. (ATI) and the United Steelworkers union have resumed labor talks and are scheduled to meet this week, reports the Pittsburgh Tribune-Review newspaper.

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