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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.

UAE's Emirates Steel Wins Rebar Order for Power Plant Project

19 August 2015 - Rebar and structurals producer Emirates Steel is among the companies that are sharing in Dh9.15 billion worth of construction contracts for the United Arab Emirates' first nuclear power plant, according to The National newspaper.

Steel Industry Veteran Executive John Correnti Dies Suddenly

19 August 2015 - Steel industry leader and visionary John Correnti, who was instrumental in establishing several new steel mills in the U.S., died suddenly in Chicago on 18 August. He was 68.

MSCI: July Steel Shipments Fall, Inventories Rise

18 August 2015 - U.S. and Canadian steel shipments declined 7 percent in July, dropping to 3.44 million tons, according to the Metals Service Center Institute.

Magnitogorsk Holding On To Stake In Iron Ore Producer

18 August 2015 - Russia's OAO Magnitogorsk Iron & Steel is going to wait for better days in the iron ore market before selling its piece of ore producer Fortescue Metals Group Ltd., according to BloombergBusiness.

Indian JV Inaugurates New TMT Bar Mill

18 August 2015 - The Steel Authority of India Ltd. in partnership with another company are opening a new mill capable of producing 100,000 tonnes annually of thermomechanically treated bar, India's The Economic Times reports.

U.S. Steel To Shut Down Alabama Blast Furnace, Finishing Operations

17 August 2015 - United States Steel Corp. intends to shut down -- permanently -- the blast furnace and halt most of the finishing operations at its Fairfield Works in Alabama on account of the new electric arc furnace being installed there, the Pittsburgh-based company has announced.

Institute: Recent Trade Cases Could Have Broader Impacts on U.S. Economy

17 August 2015 - The American Institute for International Steel is weighing in with a few thoughts regarding the spate of trade cased filed by U.S. producers, saying the cases come with a few pitfalls that merit consideration.

With Contract Deadline Looming, Steelworkers Plan A Week of Rallies

17 August 2015 - Members of the United Steelworkers union are planning a week of rallies at U.S. Steel Corp. and ArcelorMittal facilities as it tries to negotiate a new labor deal with the companies by Sept. 1.

New U.S. OCTG Mill Begins Ramping Up Production

17 August 2015 - Seamless tubes have begun rolling off the line at Benteler Steel/Tube GmbH's new OCTG mill in Shreveport, La., USA, AMM reports.

Thai Rod Mill Awards Contract For Furnace Modifications

17 August 2015 - Primetals Technologies has won an order for electric arc furnace upgrades at a rod and wire mill in Thailand, the company has announced.

Allegheny Technologies To Lock Out Workers

14 August 2015 - Specialty steelmaker Allegheny Technologies Inc. has given notice that it will lock out 2,200 workers at its plants beginning 15 August, a move that was immediately blasted by the United Steelworkers union.

ArcelorMittal Finalizes South Carolina Rod Mill Closure

14 August 2015 - ArcelorMittal has formally closed its Georgetown, S.C., wire rod mill, bringing to a close 46 years of steel production at the site.

Devalued Yuan Leads China Steel Producers To Cut Prices

14 August 2015 - With China having devalued its currency earlier this week, steelmakers there are already moving to reduce export prices, according to a Reuters report.

Former ATI Executive Joins TimkenSteel Board

14 August 2015 - A retired executive has been elected as an independent director to TimkenSteel Corp.'s board, filling a newly added seat, the company has announced.

Joint Venture Awards Contract For New 240K-Ton Pipe Mill

14 August 2015 - SMS Group, in partnership with engineering and construction conglomerate Larsen & Toubro, have been awarded a contract to build a large-diameter pipe mill in the United Arab Emirates.

Exchange Rates Lift Gerdau Earnings Even As Shipments Decline

14 August 2015 - Brazilian steelmaker Gerdau SA recorded a 3-percent increase in net sales, even as shipments fell during the second quarter, the company said in its quarterly earnings statement.

Steel Fabricator AT&F Expands Through Acquisition

13 August 2015 - Cleveland-based AT&F has acquired a metal fabricator in Wisconsin, opening the door for an expansion into the Midwest, the company has announced.

Negotiations Between Allegheny Technologies, Steelworkers Break Down

13 August 2015 - Labor talks between the United Steelworkers union and specialty steelmaker Allegheny Technologies Inc. apparently have broken down, with the union having let a company-mandated deadline to accept the new contract lapse.

Report: Indian Steelmaker Bidding On U.S. Steel Canada

13 August 2015 - India's Essar Steel Holdings is looking to acquire U.S. Steel Canada's operations, which are under creditor protection, according to a report in The Hamilton Spectator newspaper.

Steel Market Development Institute Appoints New Board Chairman

13 August 2015 - A Nucor Corp. executive has been named as the Steel Market Development Institute's board chairman, the organization has announced.

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