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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.

Tata Steel Mothballs Galvanizing Line at Welsh Mill

28 September 2015 - Tata Steel is idling one of two hot-dipped galvanizing lines at its coil coatings mill in Shotton, North Wales, according to the Daily Post newspaper.

Special Steel Manufacturer Put Into Administration

28 September 2015 - A U.K. special steel manufacturer has been placed in the hands of a court-appointed administrator while a buyer is sought for the business.

Nucor-Yamato Announces US$75 Million Beam Mill Upgrade

28 September 2015 - Nucor-Yamato Steel Co. plans to spend US$75 million on incorporating a new production process into its Blytheville, Ark., USA, plant, expanding its product offerings.

U.K.’s Second-Largest Steelmaker Closing English Steel Works

28 September 2015 - Thailand’s Sahaviriya Steel Industries (SSI) said it will mothball its Redcar steel works in Teesside, England, and lay off approximately 1,700 employees -- most of its workforce.

Scrap Steel May One Day Help Clean Farmland Water Runoff

25 September 2015 - Researchers at South Dakota State University may have found just the thing to help clean up water runoff from farmlands – scrap steel.

U.S. Trade Commission Pursues Cold Rolled Import Investigation

25 September 2015 - Producers from seven countries appear to be selling hot rolled coil at less than market value, undercutting American producers, the U.S. International Trade Commission (ITC) has ruled.

As SSI Falters, U.K. Steelmakers Ask for Government Support

25 September 2015 - British steelmakers and labor unions have called on government to offer more help to the industry in the wake of the production halt at SSI UK’s Redcar mill.

ArcelorMittal Adding Products Through Tube Plant Expansion

25 September 2015 - ArcelorMittal is undertaking a US$11.1 million expansion of its Monterrey, Mexico, tube plant, allowing it to add to its product offerings for the North American automotive market, the company has announced.

Report: Gerdau May Acquire Stake in Indian Steelmaker

23 September 2015 - Lenders to India’s Visa Steel have decided to convert a large portion of the company’s debt into equity using the Reserve Bank of India’s strategic debt restructuring scheme, according to The Financial Express newspaper.

German Company Sues Baker Hughes Over Steel Valves Installed in Gas Field

23 September 2015 - A German company is suing oilfield services provider Baker Hughes Inc., alleging that it used the wrong type of steel in safety valves intended for a large gas storage facility. As a result, the company’s $2.5 billion investment could be rendered worthless, BloombergBusiness reported.

Steelworkers, U. S. Steel and ArcelorMittal Returning to Bargaining Table

23 September 2015 - Contract negotiations between the United Steelworkers union and ArcelorMittal and United States Steel Corporation are to resume next week.

Material Handling Equipment Specialist Turns Over New Rail-Welding Facility

22 September 2015 - U.S.-based JBS Cranes & Accessories Inc. recently handed over the keys to what it claims is the world’s largest seamless rail welding facility.

Indian Steel Ministry Asks Producers to Consider Iranian Investments

22 September 2015 - India’s steel ministry has asked domestic producers to consider making capital investments in Iran, which is extending its rail network and expanding ports and highways, according to The Indian Express newspaper.

Four Appointed to LME's Steel Committee

22 September 2015 - The London Metal Exchange (LME) has added four members to its steel committee as it prepares to launch new contracts for steel scrap rebar in November, the exchange has announced.

Global Steel Production Down in August

22 September 2015 - Worldwide crude steel production fell 3 percent in August, dropping to 132.2 million metric tons, according to the World Steel Association.

SSI Suspends Production at U.K. Mill, Undertakes Debt Restructuring

21 September 2015 - Thailand's Sahaviriya Steel Industries (SSI) and three main creditors said they will attempt to restructure THB50 billion (US$1.4 billion) in debt to repair the steelmaker’s balance sheet, Reuters reported.

Report: EU To Set Minimum Price On GOES Imports

21 September 2015 - The European Union is preparing to set a minimum price on imports of a specialized steel from five countries, including the United States, according to Reuters.

Patented Stainless Grade Chosen for Tank Project

21 September 2015 - Finland’s Outokumpu has fulfilled an order for 245 metric tons of its Forta LDX 2101 lean duplex stainless steel, one of its largest orders for the product to date, the company has announced.

More Layoffs Underway at U. S. Steel Corp.

18 September 2015 - United States Steel Corporation is laying off employees at its Pittsburgh, Pa., USA, headquarters, the Pittsburgh Business Times newspaper reported.

Institute: American Steel Exports Down in July

18 September 2015 - American-made steel exports fell by 8.1 percent in July, ending two straight months of increases, according to the American Institute for International Steel.

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