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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.

AIST Announces T.C. Graham Prize Semi-Finalists

08 May 2015 - The Association for Iron & Steel Technology (AIST) selection committee has chosen 10 semi-finalists for the T.C. Graham Prize.

New York’s 3 World Trade Center Chooses Outokumpu Stainless Steel for Its Facade

08 May 2015 - The Finnish stainless steel manufacturer Outokumpu will deliver the façade material for the prestigious World Trade Center’s third tower in New York City, USA. Once complete, the tower, known as 3 World Trade Center (3WTC), will be a unique addition to the New York skyline with its distinctive and appealing Linen look.

Olympic Steel Names James V. Beebe General Manager of North Carolina Operation

08 May 2015 - Olympic Steel Inc., a leading national metals service center, announced James V. Beebe has been hired as General Manager of the Company's operation in Siler City, North Carolina.

Hyster Announces New Short Wheelbase Industrial Lift Truck at AISTech 2015

08 May 2015 - Hyster Company, a leading heavy-duty materials handling equipment manufacturer, announced its new H300HD2S and H330HD2S industrial lift trucks at AISTech 2015, the nation’s largest steel exposition. Suitable for applications such as steel manufacturing, concrete and lumber, the new models are designed to offer 30,000-33,000 pounds of capacity with a shorter wheelbase.

Magnetation LLC Reaches Agreement with Noteholders to Restructure Balance Sheet and Provide New Financing

08 May 2015 - - Secures $135 Million in Debtor-In-Possession Financing to Implement Financial Restructuring as Part of Chapter 11 Reorganization Filing - Operations and Customer Shipments to Continue Uninterrupted

Co-Operation Agreement Signed Between Paul Wurth and China Steel Corp.

08 May 2015 - On 8 April 2015, Paul Wurth S.A. and the Taiwan-based steelmaker China Steel Corporation (CSC) signed a Co-operation Agreement in the field of upcoming ironmaking plant construction projects in the Southeast Asian region, including material handling, sinter plants, blast furnaces and direct reduction plants.

Launch of ‘Introduction to Steel’ Online Course on edX

07 May 2015 - The World Steel Association (worldsteel) announces the launch of the Massive Open Online Course (MOOC) ‘Introduction to Steel’. The course, developed by TenarisUniversity together with steeluniversity, aims to provide students with an understanding of the history, science, technology and uses of steel by society. The course starts on 2 June 2015 and registration is now open.

ANDRITZ GROUP: Results for the First Quarter of 2015

07 May 2015 - International technology Group ANDRITZ recorded a solid business development in the first quarter of 2015.

New Coal-Injection Plant for Salzgitter Flachstahl GmbH

07 May 2015 - Salzgitter Flachstahl GmbH (SZFG) has invested in a new major plant within the metallurgy area, namely the coal-injection system for the A and B blast furnaces. This plant has now commenced operation and is already reducing the costs for pig iron production.

Praxair Reports First-Quarter 2015 Results

07 May 2015 - • Sales of $2.8 billion, EPS of $1.43 • EBITDA and operating margins grew to 33.0% and 22.6%, respectively* • Signed two long-term agreements to expand U.S. Gulf Coast and Southern China production networks for petrochemical customers; supply systems to start-up 2017 • $0.4 billion returned to shareholders through dividends and net share repurchases; diluted shares 2% below prior-year quarter • Return on capital 12.6%; return on equity 29.6%* • Full-year 2015 EPS guidance of $5.90 to $6.15, up 4% to 8% year-over-year, ex-FX* and 2Q15 $1.40 to $1.48

AK Steel's Coshocton Works Recognized For Outstanding Safety Performance

07 May 2015 - AK Steel's Coshocton (Ohio) Works has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene. The recognition is part of a collaborative safety awareness program established by the Coshocton County Safety Council and Chamber of Commerce.

MRC Global Announces First Quarter 2015 Results

07 May 2015 - - Sales of $1.292 billion - Net income of $29 million - Diluted EPS of $0.28 per share - Adjusted EBITDA of $87 million

ArcelorMittal Launches S390 EK, a Green, Cost-Effective Solution for Silos and Tanks

06 May 2015 - ArcelorMittal has launched its new high-strength steel grade S390 EK, an innovative, competitive and environmentally friendly solution for the manufacture of silos and tanks. Unlike any other product currently on the market, S390 EK includes two-side enamelling to avoid fish-scaling, thus eliminating the need for specific surface treatments or doped ground enamel, while demonstrating high mechanical properties after enamel firing to withstand load pressure in the silo.

ABB Reports Solid 1Q Growth in a Mixed Market

06 May 2015 - First-quarter highlights: -15% order growth1, revenues return to growth at +3% -Operational EBITA margin2 steady -Net income up 4% -Increased cash from operations -Financials impacted by currency translation due to strong appreciation of US dollar -Continued progress on Power Systems ‘step change’ program -Next Level strategy: Collaboration drives large combined power and automation orders

Valmont Coatings Division Wins the Prestigious "Lifetime Achievement Award" in Hot-Dip Galvanizing

06 May 2015 - At its recent Annual Meeting, the American Galvanizing Association (AGA) awarded Valmont's Coatings Division top honors in four Excellence Categories associated with the hot-dip galvanizing process. More than 100 projects from galvanizers from around the world were submitted to a panel of architects and engineers to be judged in 14 Categories.

Schnitzer Board Announces a New Independent Director

06 May 2015 - On 29 April 2015, Schnitzer Steel Industries, Inc. announced the election of Michael W. Sutherlin to its Board of Directors.

Grupo Simec Announces Results of Operations for the First Quarter of 2015, Ended March 31, 2015

06 May 2015 - Grupo Simec, S.A.B. de C.V. announced its results of operations for the three-month period ended March 31, 2015.

TimkenSteel Corporation Announces First-Quarter 2015 Results; Reports Earnings Per Share of $0.15

05 May 2015 - - Net sales of $388.7 million is flat to prior-year quarter. - Reported earnings per share of $0.15, a 76.1 percent decrease over adjusted(1) prior-year quarter. - Paid quarterly dividend of $0.14 per share. - Opened advanced technology center in Canton, Ohio.

ARCEO launches a 60 million EUR investment in Belgium with a breakthrough coating technology

05 May 2015 - ARCEO, a joint venture from ArcelorMittal and Sogepa (Société de Gestion et de Participations) is investing 60 million EUR in the construction of an innovative coating line at Kessales (Liège) in Belgium.

Hyster-Yale Materials Handling, Inc. Announces First Quarter 2015 Results

05 May 2015 - Highlights: Consolidated revenues decreased 7.9% due to currency and lower unit volume Transition to new Brazil plant major driver of volume decline Lift truck segment gross margin increased to 16.7% from 16.5% despite negative currency Q1 2015 Lift truck segment net income declined to $17.5 million from $22.1 million in Q1 2014 Nuvera generated Q1 2015 operating loss of $6.0 million and net loss of $3.6 million

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