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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.

South Africa Introduces Tariff on Imported Steel, But With Conditions

28 August 2015 - South Africa's trade and industry minister has approved a 10-percent protective tariff on certain steel products, looking to shield domestic steelmakers from Chinese imports.

Leeco Steel Preparing To Open New Midwest Distribution Center

28 August 2015 - Plate distributor Leeco Steel LLC expects to open a new center in South Dakota, USA, in October, according to the Sioux Falls Business Journal.

Austrian Strip Mill Places Order For Primetals' Eco Slide discs

28 August 2015 - Primetals Technologies has won an order to outfit two coilers at an Austrian strip mill with side guiding beams and its Eco Slide wear discs, the company has announced.

voestalpine CEO: China Plant Construction Might Be Delayed

26 August 2015 - Austria's voestalpine might be hitting the pause button on plans to build a specialty steel mill in China, although it remains interested in expanding operations there, according to a Reuters interview with CEO Wolfgang Eder.

With Import Protections In The Offing, SAIL Considers Price Hike

26 August 2015 - Anticipating the imposition of a 10 percent protective duty on steel imports, Steel Authority of India Ltd. may raise prices early next month, according to Bloomberg TV India.

Tata Steel Halting Production at U.K. Strip Mill; 250 Jobs To Be Lost

26 August 2015 - Tata Steel's U.K. strip steel division is idling parts of a Welsh mill, blaming a surge of unfairly traded imports.

TMK Profits Rise In Spite of Declining Shipments

25 August 2015 - Oil country tubular goods manufacturer OAO TMK saw its shipments decline 6 percent in the first half of 2015, largely on account of persistently low oil prices in the U.S. and the resulting slowdown in drilling, the company reported.

South Africa Expected To Impose Steel Tariffs

25 August 2015 - Heeding calls from labor groups and its steel industry, South Africa is planning to impose a 10-percent tariff on steel imports, according to Reuters.

China Moves Forward On Second Round Of Construction on Steel Works

25 August 2015 - In spite of lower demand and ample supply, China has begun the second phase of construction on a large, coastal mill in northern Hebei province, according to Reuters.

Report: Plant Fire Appears To Be Accidental

25 August 2015 - A large fire that broke out at an idled Japanese mill on 24 August may have been caused by workers who were using gas burners to dismantle the facility, reports Singapore’s The Straits Times newspaper.

U. S. Steel Corp. Moving Non-Union Employees To Defined Contribution Retirement Plans

24 August 2015 - United States Steel Corp. is freezing pension benefits for non-union employees and intends to move them onto a 401(k) plan, the Pittsburgh Business Times reports.

Canam Group Wins Record Order For Structural Steel Components

24 August 2015 - The bridge division of structural steel fabricator Canam Group Inc. has been awarded its largest contract ever, a CAD$225 million order to supply the superstructure for the approaches to a new Canadian bridge, the company has announced.

SSI's UK Slab Mill Faces Uncertain Future, Executive Says

24 August 2015 - Falling demand and prices have plunged the future of SSI UK Ltd.’s integrated slab mill in Teesside, England, into doubt, an executive at the company has warned.

Firefighters Summoned to Blaze At Japanese Steel Plant

24 August 2015 - A large fire broke out at an idled steel pipe plant in Kawasaki City, Japan, on 24 August, according to news reports.

BlueScope Steel To Lay Off Workers, Mulls Plant Shutdowns

24 August 2015 - Against the backdrop of plummeting steel prices, Australia's BlueScope Steel Ltd. has undertaken a review of its Australian and New Zealand plants and may wind up shuttering them, according to The Wall Street Journal.

BlueScope Steel Chairman To Retire in November

21 August 2015 - The chairman of Australia's BlueScope Steel Ltd. is retiring and will step down from the company's board before the end of the year, the company has announced.

Indian Ferrochrome Joint Venture Merges With Sponsor

21 August 2015 - The board of directors at India's VISA Steel Ltd. has approved a deal in which the company will fold a joint venture business with China's Baosteel Resources Co. Ltd. into itself, the company said in a press release.

Firms Buy Up Bankrupt Lee Steel Assets

21 August 2015 - A private equity firm with a portfolio of metals service centers has acquired bankrupt Lee Steel Corp., the firm has announced.

Steel Processor Pushes Back Plant Closure

21 August 2015 - Cold-finished steel bar manufacturer Niagara LaSalle Corp. has postponed the closure of its Buffalo, N.Y., USA, facility until the end of August.

Obituary: John D. Correnti

21 August 2015 - John David Correnti, age 68 of Blytheville, passed from this life Tuesday, August 18, 2015 in Chicago, Illinois.

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