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.
With No Alternative Plans in the Offing, Tata Steel Expected to Cut 720 Positions
04 December 2015 - Tata Steel and union representatives have failed to agree on a plan that would mitigate layoffs at its mini-mill operation in northern England, meaning that Tata likely will execute on its plan to cut 720 positions there and elsewhere, according to the The (London) Telegraph.
AIST Adds to Technology Committee Lineup
04 December 2015 - The Association for Iron & Steel Technology has established a new technology committee intended to share know-how related to direct reduced iron (DRI) and hot briquetted iron (HBI).
Chinese Mills Feeling Impact of Industry Downturn
04 December 2015 - Chinese mills in the Shanxi province are cooling blast furnaces and curtailing production due to weakening demand and crimped cash flows, according to the Reuters news service.
Allegheny Technologies Lockout Nearing Fifth Month
04 December 2015 - Specialty metals producer Allegheny Technologies Inc. (ATI) invested close to US$400,000 per job through its new hot rolled mill in southwestern Pennsylvania, according to Robert Wetherbee, ATI’s president of flat rolled products.
Italian Transformer Manufacturer Finalizes Acquisition
03 December 2015 - Italy’s Tamini Trasformatori Srl has closed on a deal to acquire transformer manufacturer Transformer Electro Service Srl (TES), the company has announced.
Continuous Casters Switched On at New Baosteel Facility
02 December 2015 - Two new continuous slab casters have been put into service at Baosteel’s Zhanjiang works in southern China, according to the supplier.
Kennametal Closes on Divestment of Plate Fabrication, Castings Businesses
02 December 2015 - Tooling maker Kennametal Inc. has completed the sale of several non-core businesses to Chicago-based Madison Industries, the company has announced.
Former Bethlehem Steel CEO Dies at 86
01 December 2015 - Walter F. Williams, an engineer who worked his way up the ranks of Bethlehem Steel and lead the company as its chief executive, has died. He was 86.
Index Shows U.S. Manufacturing Contracted in November
01 December 2015 - The overall U.S. economy grew during November, but the manufacturing sector contracted for the first time in three years, according to the Institute for Supply Management’s monthly Report on Business.
Governor Tells Essar Steel Minnesota To Pay Up
01 December 2015 - Minnesota Gov. Mark Dayton has threatened to call due a US$67 million loan to Essar Steel Minnesota if the company doesn’t pay past due bills from vendors building the company’s new Nashwauk taconite plant by 2 December.
Reliance Steel Adds Tube Distributor to Network
01 December 2015 - North America’s largest metals service center is acquiring U.S.- based Tubular Steel Inc. for an undisclosed amount, the company has announced.
U. S. Steel Announces Management, Organizational Changes to Flat Rolled Division
01 December 2015 - United States Steel Corporation is reorganizing the reporting structure for its flat rolled division, creating three commercial entities that will oversee operations at their respective plants.
POSCO, Maruichi Steel Celebrate 35-Year Relationship
30 November 2015 - South Korea’s POSCO recently supplied its 8 millionth ton of steel to Japan’s Maruichi Steel Tube Ltd., POSCO has announced.
Primetals Setting Up Briquetting Plant at New HBI Facility
30 November 2015 - Primetals Technologies has won an order for a residuals briquetting plant to be installed at voestalpine’s new hot briquetted iron (HBI) facility in the United States.
EUROFER: Changes to EU's Emissions Trading System Would Cost Steelmakers EUR34 Billion
30 November 2015 - Revisions to the European Union Emissions Trading System would be so costly to implement that they would just about erase the steel industry’s margins, according to EUROFER, the European Steel Association.
10 Killed in Accident at Chinese Plant
30 November 2015 - Chinese authorities are investing a gas leak that killed 10 people at a steel plant during the weekend, according to reports.
American Lawmaker Wants to Put a Five-Year Halt on Steel Imports
24 November 2015 - A U.S. lawmaker said he plans to introduce a bill banning steel imports for five years to protect the country’s ailing iron ore miners and steelmakers, according to reports.
U. S. Steel Idling Illinois Steel Works
24 November 2015 - United States Steel Corporation will temporarily idle steelmaking and finishing operations at its Granite City Works in Illinois, the company has announced.
New Case-Hardening Process Under Development at German University
23 November 2015 - Engineers at Germany’s Karlsruhe Institute of Technology are working on a new steel-hardening process that they claim holds promise for the development of smaller car engines, reports The Engineer magazine.
Equipment Upgrade Helps ArcelorMittal Expand Piling Products Portfolio
23 November 2015 - ArcelorMittal’s Belval sheet piling mill in Luxembourg has put a new SMS group Compact Roller Straightener into service, allowing the mill to expand its product portfolio, SMS has announced.
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