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.
Redesigned Forest Harvester Takes Home Swedish Steel Prize
20 November 2015 - Finnish forestry machine maker Ponsse and its next-generation Scorpion harvester have been awarded SSAB’s Swedish Steel Prize.
Former Nucor CEO Enters Business Hall of Fame
20 November 2015 - Former Nucor Corp. CEO and chairman emeritus Dan DiMicco has been inducted into the North Carolina Business Hall of Fame.
POSCO Orders Vertical Annealing Furnace for New Galvanizing Line
19 November 2015 - The Fives engineering group has won a contract to design and build a high-performance vertical annealing furnace for a POSCO plant, the company has announced.
Timken Co. Announces Plans for Second Romanian Facility
19 November 2015 - Bearings manufacturer The Timken Co. is planning to build a new plant in Romania, its second facility in the country, the company has announced.
SMS Wraps Up Modernization Project at Nucor Strip Mill
19 November 2015 - SMS group has completed upgrades to Nucor Corp.’s Berkeley, S.C., USA, compact strip production (CSP) plant, SMS has announced.
Ohio Steel Shop Temporarily Halting Production
19 November 2015 - U.S.-based Warren Steel Holdings is temporarily idling its plant in Warren, Ohio, citing “market conditions.”
With Steelmaking Still Months Off, Tata Steel Dedicates New Integrated Plant
18 November 2015 - Tata Steel has inaugurated its new 6-million-metric-ton integrated steelworks in India, even though it will be a few more months before steelmaking begins.
Iron Ore Producer Might Impose Production Curtailments in Early 2016
18 November 2015 - U.S. iron ore producer Magnetation LLC has warned employees that it might curtail production at its No. 2 plant in Bovey, Minn., beginning on 31 January 2016.
Cliffs Natural Resources Idles Mine, Taconite Pellet Plant
18 November 2015 - Iron ore producer Cliffs Natural Resources Inc. is temporarily idling pellet production at its Northshore Mining operation in Minnesota, the company has announced.
Obituary: Edwin J. Muccillo
18 November 2015 - AIST Life Member Edwin J. Muccillo, 84, passed away on Thursday, Nov. 12, 2015.
Analysts: Cheap Debt Contributing to Steel's Oversupply
17 November 2015 - Inexpensive credit has allowed unprofitable production to be maintained, supporting the continued glut of steel on the market, according to analysts at financial services firm Macquarie Group.
Primetals Secures Order for Meltshop Substation
17 November 2015 - Primetals Technologies has won an order for a new electrical substation and associated equipment that will serve Frisa Forjados S.A. de C.V new meltshop in Villa de Garcia, Mexico.
ThyssenKrupp Testing Coke Oven Emissions Scrubbing Process
17 November 2015 - ThyssenKrupp Industrial Solutions, in conjunction with Berlin Technical University and ThyssenKrupp’s Schwelgern coke plant, are testing a pilot facility that converts process gas into ammonium bicarbonate.
Some Interest, But No Takers Yet for Tata Steel's European Division
17 November 2015 - Several parties reportedly have expressed interest in Tata Steel’s European long products division, although a deal doesn’t appear to be imminent, according to the Reuters news service.
Big River Steel Continuing to Push Toward 2016 Start-Up
16 November 2015 - The founder of a new U.S. mill has died and the governor who initially supported the project is no longer in office, but the Big River Steel project is continuing to progress toward a planned start-up in late summer or early fall of 2016, reports the weekly business journal Arkansas Business.
World Steel Association Chairman: Europe Has Too Much Steelmaking Capacity
16 November 2015 - Europe has too much steelmaking capacity, and the industry likely will have to lop half of it over the next 15 years, World Steel Association chairman Wolfgang Eder told The (London) Telegraph newspaper.
Global Steel Markets Bottoming Out, Says Mill Executive
16 November 2015 - An executive at Japan’s largest scrap-based steelmaker said the global market is hitting a pricing bottom, arguing that loss-making mills are going to be confronting their commercial limits, according to BloombergBusiness.
Outokumpu Products Awarded NORSOK Certification
16 November 2015 - Two products made from Outokumpu’s duplex stainless grade, Forta DX 2205, have been qualified as meeting a new and more rigorous NORSOK standard, the company has announced.
Steelmakers Press for Action Against China Imports
13 November 2015 - Unfairly traded steel products exported to North America pose a serious and immediate threat to the industry, the leaders of several steelmakers said on Thursday.
Lechler Introduces New Air Mist Cooling Nozzle
13 November 2015 - Nozzle manufacturer Lechler Inc. has launched North American sales of a new air mist nozzle designed for use in continuous casters.