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.
AIC Successfully Completes a Notable Revamping Project in Acindar, Arcelor Mittal Group
29 April 2015 - AIC has successfully accomplished a main revamping project in Acindar, part of Arcelor Mittal group, at Tren Bonelli in San Nicolas - Argentina, during the main shutdown in last February.
ArcelorMittal Publishes 2014 Annual Review and Fact Book
29 April 2015 - ArcelorMittal, the world’s leading steel and mining company, has published its 2014 annual review and fact book on a dedicated website.
Timken Expands Product Offering of High-Performance Spherical Roller Bearings
29 April 2015 - The Timken Company expects to prompt a spherical revolution with its recent introduction of medium bore high-performance Timken® spherical roller bearings, including new steel cage sizes.
Steel Safety Day 2015 – Lock Safety In!
28 April 2015 - Today, the steel industry marks the second Steel Safety Day. Established in 2014, the initiative encourages steel companies around the world to participate in the industry-wide safety audits on the five most common causes of injury in the steel industry.
Outotec's Interim Report January-March 2015
28 April 2015 - Outotec's Interim Report shows good growth in orders and service sales.
PSI Technics Selected to Make Presentation at AIST’s 22nd Annual Crane Symposium
28 April 2015 - PSI Technics, a leader in intelligent positioning control for bridge cranes, stacker cranes, and other rail-guided vehicles, will present "Motion Analysis for Determining and Improving Behavior of Automated and Manually Operated Cranes" during AIST’s 22nd annual Crane Symposium.
Air Products Signs Agreement With Big River Steel
28 April 2015 - Air Products announced that it has signed a product supply agreement with Big River Steel, LLC. Under the terms of the agreement, Air Products will operate an air separation unit (ASU) producing multiple industrial gases and a PRISM® hydrogen generator. The onstream target for all the units is July 2016.
Latin America: Finished Steel Production Grows 4% While Imports Increase 32% in Jan/Feb 2015
28 April 2015 - Finished steel in Latin America – Jan/Feb 2015 vs Jan/Feb 2014: > Production increases 4%. > Apparent steel use grows 8% > Total imports rise 32%
Klesch Group Invests in Trentino (Italy) Steel Plant
28 April 2015 - The Swiss multinational company, owned by Gary Klesch, bought out Borgo Valsugana’s steel plant, aiming at re-launching its production.
Harsco Begins Multi-Year Contract to Support India's Largest Stainless Steel Producer
27 April 2015 - Diversified global industrial company Harsco Corporation announced it has begun its previously announced multi-year contract to provide onsite material processing services to India's largest stainless steel producer, Jindal Stainless Limited (JSL).
Anglo American's Chief Executive, Mark Cutifani, Addresses Shareholders at 2015 Annual General Meeting
27 April 2015 - Anglo American plc held its Annual General Meeting for shareholders in London on the 23rd of April. Mark Cutifani, Chief Executive, made the following remarks.
Duplex Outperforms Mild Steel in Bridge Lifecycle Analysis
27 April 2015 - The use of duplex stainless steel in the construction of the new Myllysilta bridge in Finland generated significant environmental benefits over the alternative mild steel option, including a 62% reduction in global warming potential, a new lifecycle analysis study has concluded.
POSCO to Construct Iron Manufacturing Plant in Turkmenistan Valued at $1 billion
27 April 2015 - POSCO Group will construct an iron manufacturing plant in Turkmenistan. Daewoo International signed a MOU for the construction project of the iron manufacturing plant for producing reinforced steel and pipe with a value of 1 billion dollars with the Ministry of Industry of Turkmenistan while attending the summit of both Korea and Turkmenistan on April 13th.
Arch Coal Announces Board of Directors Succession Plan
27 April 2015 - John Eaves Elected to Succeed Wes Taylor as Chairman of the Board; Paul Hanrahan Elected Lead Independent Director; Paul Lang Elected President and Chief Operating Officer
Mark Bula of Big River Steel Addresses Association of Women in the Metal Industries
24 April 2015 - The Pittsburgh Chapter of the Association of Women in the Metal Industries (AWMI) held an industry dinner on Thursday, 23 April 2015. Mark Bula, chief commercial officer for Big River Steel, was the keynote speaker.
Oerlikon’s Drive Systems Segment Inaugurates Third Plant in India
24 April 2015 - Oerlikon’s Drive Systems Segment inaugurates its third plant at Sanand in Gujarat, India. This is the 10th production facility for the Segment globally.
EU Recovery on a More Solid Footing — Risks Still Loom
24 April 2015 - The slight improvement in GDP growth in Q4-2014 combined with the recent uptrend in economic indicators bode well for a more broad-based gain in economic momentum in the EU. The weaker Euro and low oil price will provide a major boost to domestic demand and exports.
Nucor Reports Results for First Quarter of 2015
24 April 2015 - Nucor Corporation announced consolidated net earnings of $67.8 million, or $0.21 per diluted share, for the first quarter of 2015. By comparison, Nucor reported net earnings of $111.0 million, or $0.35 per diluted share, for the first quarter of 2014 and net earnings of $210.4 million, or $0.65 per diluted share, for the fourth quarter of 2014.
Reliance Steel & Aluminum Co. Reports First Quarter 2015 Financial Results
24 April 2015 - Reliance Steel & Aluminum Co. reported its financial results for the first quarter ended March 31, 2015.
Shandong Iron and Steel Group Acquires Remaining Stake in Tonkolili Iron Ore Project
24 April 2015 - Shandong Iron and Steel announces that it has acquired the 75 per cent stake in the Tonkolili Iron Ore mine in Sierra Leone it does not already own.
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