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.
U. S. Steel Canada Can’t Afford Pension Contributions, Court Monitor Says
06 October 2015 - The court-appointed monitor in U. S. Steel Canada's (USSC) creditor protection case is supporting the company's request to halt pension plan contributions and retiree benefits, but is opposing parent United States Steel Corporation's request to cease providing ministrative and support services for the company.
Thailand’s SSI Enters Bankruptcy, Liquidates British Steel Works
06 October 2015 - Thailand's top steelmaker has declared bankruptcy as it liquidates its U.K. steel division.
Austrian Equipment Manufacturer Secures Record Order
06 October 2015 - Austria's BRAUN Maschinenfabrik GmbH has received an order for six high-performance, abrasive cut-off machines and associated equipment, the largest in its 167-year history, the company has announced.
New Industry Consortium Looks to Improve Steelmaking's Efficiency, Sustainability
05 October 2015 - A year in the making, the U.S.-based Steel Manufacturing Simulation & Visualization Consortium at Purdue University Calumet is ready to take on research projects -- and new partners.
Danieli Wins Order for Pakistani MicroMill
05 October 2015 - A Jordanian steel company has placed an order for a Danieli MicroMill as it looks to expand in the Asian markets, Danieli has announced.
Rizhao Steel Achieves Production Goal, Makes First Ultra-Thin Strip
05 October 2015 - China's Rizhao Steel Group Co. Ltd. has successfully rolled ultra-thin hot strip, achieving its target thickness of 0.8 mm at a new plant, according to the vendor on the project.
Analysts Expect Chinese Steel Exports to Plateau by 2020
05 October 2015 - JPMorgan analysts said they believe Chinese-made steel exports will be leveling off, capped by a wave of protectionist trade measures, reports BloombergBusiness.
Coatings Company Acquires American Galvanizer
01 October 2015 - American Galvanizing Co. Inc., a leading hot-dipped galvanizer in the northeastern United States, has been sold to Valmont Industries Inc.
ATI Completes Repairs to Key Piece of Equipment
01 October 2015 - Allegheny Technologies Inc. has completed repairs to the rotary crop shear at its hot rolling and processing facility and put it back rolling stainless coils, the company has announced.
Australian Steelmaker Seeking AUD100 Million in Cost Cuts
01 October 2015 - Australia’s Arrium Ltd. is planning to cut jobs and overhaul operating practices at its Whyalla steel works in South Australia to save AUD 100 million as the company moves forward with the sale of its mining consumables business, reports The Sydney Morning Herald.
Russia’s NLMK Upgrades Italian Plate Mill
01 October 2015 - NLMK has completed a round of upgrades to the press at its Verona, Italy, plate mill, the company has announced.
Union: Discussions Over U. S. Steel Canada's Future Ongoing
30 September 2015 - Mediated talks between United States Steel Corporation , the United Steelworkers union and others over the future of its Canadian operations are continuing behind closed doors, according to The Canadian Press news service.
U.S. Producers Seeking Protection for Welded Stainless Pressure Pipe
30 September 2015 - American producers of welded stainless pressure pipe are accusing their Indian counterparts of dumping products, thereby impacting volume, pricing and profits.
100 Years of Steelmaking Come to an End at Czech Mill
30 September 2015 - The owners of an integrated mill in the Czech Republic have ceased its steelmaking operations, but will continue to roll heavy plates.
Update: Mexico Imposing Additional Trade Protections for Domestic Steelmakers
30 September 2015 - Mexico is increasing duties on a variety of steel products, hoping to shield domestic producers from inexpensive imports from China and other countries.
Stainless Steel Manufacturer Sells Stake in Tube Business
30 September 2015 - Outokumpu is divesting its stake in its Mexican stainless tube joint venture for US$63 million and will use the proceeds to pay down debt, the company has announced.
Larger Overseas Investments May Be in Nippon Steel’s Future
29 September 2015 - Tokyo-based Nippon Steel & Sumitomo Metal Corp. has an eye out for merger and acquisition opportunities as it looks to expand its global customer base, company president Kosei Shindo told Reuters during an interview.
Gerdau Supplying Long Steel for US$1 Billion Airport Expansion
29 September 2015 - Gerdau is filling an order for 16,500 tons of rebar and structural steel that's being used to expand a U.S. airport.
Pakistani Rebar Manufacturer Triples Production Capacity With New Mill
29 September 2015 - Primetals Technologies has won an order to design and outfit a bar mill for Pakistan’s Amreli Steels Ltd., the company has announced.
ArcelorMittal to Spend EUR100 Million on Coke Oven Rebuild
28 September 2015 - ArcelorMittal will spend EUR100 million to rebuild two coke oven batteries at a Spanish steel works, ensuring compliance with environmental laws, the company has announced.
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