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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.

U. S. Steel President And CEO Applauds Congress For The Passage Of Trade Promotion Authority And Trade Adjustment Assistance

25 June 2015 - Today United States Steel Corporation President and CEO Mario Longhi issued the following statement in response to the passage of the Trade Promotion Authority (TPA) and Trade Adjustment Assistance (TAA) bills.

SMA Lauds Congressional Votes on Trade Bills

25 June 2015 - The Steel Manufacturers Association (SMA) today applauded recent Congressional passage of two trade bills.

U.S. Dept. of Commerce Announces Investigation into Antidumping and Countervailing Duties of Corrosion-Resistant Steel

25 June 2015 - On 24 June 2015, the United States Department of Commerce submitted announced that it will initiate antidumping duty and countervailing duty investigations of imports of corrosion-resistant steel products from China, India, Italy, Korea and Taiwain.

Outokumpu Completes Ramp Down of Bochum Meltshop

25 June 2015 - Outokumpu announced that the Bochum melt shop ramp down in Germany has been completed.

Key Appointments Announced for Vallourec's North American Region

25 June 2015 - Vallourec, a world leader in premium tubular solutions primarily serving the energy markets, announces several key appointments in its North America region.

JSW Steel (USA) Inc. Announces Agreement with PLS Logistics Services

25 June 2015 - JSW Steel (USA) Inc. ("JSW") has entered into an agreement with PLS Logistics Services ("PLS"), the largest industrial 3PL transportation services provider in North America.

AK Steel Provides Second Quarter 2015 Earnings Guidance

25 June 2015 - AK Steel has provided guidance for its second quarter 2015 financial results.

SMS Group: Customers Remain Reluctant to Invest in New Plants

25 June 2015 - Order intake by the SMS group in the last business year declined to EUR 3.167 billion, (2013: EUR 3.309 billion). Sales, at EUR 3.406 billion, remained at the same level as the previous year (2013: EUR 3.495 billion).

India Raises Duties on Some Steel Products to Counter Chinese Imports

24 June 2015 - As reported by Reuters, India has raised duties on certain steel products by up to 2.5 percentage points, as domestic producers struggle to cope with surging cheap imports from China and Russia, among others.

MRC Global Awarded MRO Valve Supply Contract by SABIC in Saudi Arabia

24 June 2015 - MRC Global Inc. announced that its subsidiary, MRC Transmark Middle East FZE, has signed a framework agreement with Saudi Basic Industries Corporation (SABIC), naming MRC Transmark Middle East as one of SABIC's primary valve suppliers to SABIC's operations in Saudi Arabia.

AMETEK Acquires Surface Inspection Division of Cognex Corp. for $160 Million

24 June 2015 - AMETEK, Inc. announced that it has entered into a definitive agreement to acquire the Surface Inspection Systems Division (SISD) of Cognex Corporation for approximately $160 million.

NLMK Group Opens Unified Call Center for Domestic and International Clients

24 June 2015 - NLMK Group, Russia’s top steel-producing company and one of the most efficient steel companies in the world, announced the opening of a unified sales service centre to serve the Company’s domestic and international clients.

Rakesh Singh Appointed Chairman of Steel Authority of India Ltd.

24 June 2015 - Rakesh Singh, IAS, Secretary, Government of India, Ministry of Steel has taken additional charge of the post of Chairman, Steel Authority of India Limited (SAIL), effective 11 June 2015. Singh is a 1978 batch officer of Punjab cadre.

World Crude Steel Production for May 2015; U.S. Down 8.5% From Last Year

23 June 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2015, a -2.1% decrease compared to May 2014.

Taranto's Ilva on the Verge of Total Shutdown

23 June 2015 - According to a report by Kallanish, Ilva's Taranto plant could be on the verge of a total shutdown after the public prosecutor’s office ordered the seizure of the operation’s blast furnace no. 2 (BF2) on Thursday 18 June.

Mexico Places Duties on Cold-Rolled Steel From China

23 June 2015 - Mexico's government said on 19 June 2015 that it would impose import duties on cold-rolled steel sheet from China after an anti-dumping investigation, as reported by Reuters.

Tosyali Holding to Build World’s Largest DRI Combo Plant

23 June 2015 - Tosyali Holding has awarded Midrex Technologies, Inc., and its partner Paul Wurth S.A. Technologies, Inc., the project to build the world’s largest multiple product direct reduced iron plant for Tosyali Algeria located in Bethioua (Oran), Algeria.

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