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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.
Rio Tinto Agrees to Supply DR-Grade Pellets to GravitHy
11 December 2024 - Iron ore miner Rio Tinto has struck an agreement to supply a French ironmaking startup with high-grade, direct reduction pellets and to manage sales and marketing of the hot-briquetted iron the startup will produce.
SSAB Receives Funding for Process Conversion
11 December 2024 - SSAB has been awarded SEK1.45 billion in public funding for decarbonization efforts at its Luleå plant.
Report: Nippon Steel Shares Details on U. S. Steel Investment Plans
09 December 2024 - Seeking support from the United Steelworkers (USW) union for its acquisition of United States Steel Corporation, Nippon Steel Corp. has made new commitments as to the timing and purpose of its previously announced US$1.4 billion investment in the iconic steelmaker. United States Steel Corporation.
Research Team Makes Breakthrough in Ironmaking Technology
09 December 2024 - A Chinese research team reportedly has developed a flash ironmaking technology that can reduce ore iron within seconds rather than hours and works exceptionally well with lower-grade feedstocks.
Danieli Receives Order for Indian Bar Mill
05 December 2024 - The Steel Authority of India Ltd. has awarded a contract to Danieli for a new bar mill and reheat furnace to be built in Durgapur.
Nippon Steel Remains Confident About U.S. Steel Transaction
05 December 2024 - Nippon Steel Corp. believes it can close its acquisition of United States Steel Corporation by year’s end, in spite of opposition from President-elect Donald Trump.
Mittal: Better Policy Needed to Preserve European Steelmaking
04 December 2024 - If Europe wants to continue to produce iron and steel, then it must immediately commit to building a better policy framework, ArcelorMittal founder and executive chairman Lakshmi Mittal writes in a (London) Financial Times op-ed.
SSAB's Chuck Schmitt Announces June Retirement
04 December 2024 - Chuck Schmitt, who has led SSAB’s Americas division for more than a decade, will retire in June 2025, the company has announced.
Liberty Steel Temporarily Shutters Peoria Wire Mill
04 December 2024 - Liberty Steel is shuttering its wire mill in Peoria, Ill., USA, temporarily and has furloughed over 500 employees at the facility, according to the (Peoria) Journal Star.
SMS group Tapped for EAF Power Feeder System
27 November 2024 - SMS group has been contracted to integrate an electrical direct feed system into a new electric arc furnace being built at SSAB’s Oxelösund steel plant in Sweden.
thyssenkrupp Proposes Job Cuts, Capacity Reduction
26 November 2024 - thyssenkrupp’s steel division is looking to shed 11,000 jobs over the next five years and reduce its steelmaking capacity as it attempts to reorient itself in changing European market.
Celsa Group Divests U.K., Nordic Facilities
21 November 2024 - Spain’s Celsa Group has agreed to sell mills in the United Kingdom and the Nordic region to Sev.en Global Investments, a Czech-based investment group.
Cliffs Plans Ontario Blast Furnace Improvement
21 November 2024 - With Cleveland-Cliffs Inc. having finalized its acquisition of Stelco, what’s next?
Primetals Technologies Bags Order for U.S. EAF
20 November 2024 - Primetals Technologies has won an order for a 68-ton electric arc furnace from an unidentified U.S. producer.
Commerce Department Wants to Raise Tariffs on Nippon Steel
19 November 2024 - Just as Nippon Steel Corp. promised unionized United States Steel Corporation workers that it wouldn’t export slabs at the company’s expense, the U.S. Commerce Department proposed to push up tariffs on Nippon imports.
thyssenkrupp Writes Off EUR1 Billion in Steel Division Value
19 November 2024 - thyssenkrupp recorded a EUR1 billion impairment on its European steel division, saying fiscal 2025 would be one of decisions, CNBC reported.
Plasma Specialist Signs for Tech Trial at Major Steel Manufacturer
19 November 2024 - PyroGenesis Inc., a Canadian company that develops and manufacturers plasma-based solutions for iron ore pelletization, will trial its technology with a multinational steel producer, the company has said.
Nippon Steel Promises No Exports at U. S. Steel’s Expense
18 November 2024 - Nippon Steel Corp. is promising the United Steelworkers union that it won’t direct shipments from its Japanese mills to U.S. customers as part of its planned acquisition of United States Steel Corporation.
ArcelorMittal Starts New Galv, Annealing Line
18 November 2024 - ArcelorMittal Brazil has started up a new US$345 million galvanizing and continuous annealing line at its Vega unit in São Francisco, reports BNAmericas.
Inductotherm Co-Leaders Bring Wealth of Experience
18 November 2024 - Thermal processing equipment specialist Inductotherm Group has brought aboard two co-leaders who have nearly 70 years of company experience between them.
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