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.
U. S. Steel Canada Gets the Go-Ahead to Initiate a New Sales Process
13 January 2016 - A Canadian court has signed off on U. S. Steel Canada Inc.’s plan to try, for a second time, to find a buyer, according to The Hamilton Spectator newspaper.
A New Day for Sparrows Point, and a New Name
13 January 2016 - Over the past two years, demolition crews have been razing the Sparrows Point steel works in Maryland -- once the world's largest steelmaking facility -- to make way for a redevelopment project.
Tenaris Upgrades EAF Injection System at Mexican Tube Mill
12 January 2016 - TenarisTamsa, Tenaris’ seamless tube mill in Mexico, has started up a new pneumatic carbon and lime injection system on its 160-ton electric arc furnace, the vendor on the project has announced.
New CEO Takes the Helm at TPC Wire & Cable
12 January 2016 - U.S.-based TPC Wire & Cable Corp. has named an industrial supply and services executive as its new CEO.
Report: ArcelorMittal Shopping Around U.S. Rail Mill
12 January 2016 - ArcelorMittal’s Steelton, Pa., USA, rail mill is on the sales block, reports local television station WHTM-TV.
Steelworkers to Begin Voting on U. S. Steel Labor Deal
12 January 2016 - The union rank-and-file at United States Steel Corporation are preparing to vote on a tentative labor agreement with the integrated steelmaker, reports The Times of Northwest Indiana newspaper.
Labor Union to Meet With Tata Steel Leaders Over Layoff Reports
11 January 2016 - The United Kingdom’s Community labor union said it plans to meet with Tata Steel officials over reports that the company might lay off hundreds of people at its Port Talbot works in Wales, according to the BBC.
U. S. Steel Canada Stakeholders in Talks With Potential Buyers, Investors
11 January 2016 - Outside investors are taking a look at buying -- or buying into -- U. S. Steel Canada Inc. (USSC), which has been operating under creditor protection since September 2014, reports The (Toronto) Globe and Mail newspaper.
POSCO Highlights New Steels at Auto Show
11 January 2016 - South Korea’s POSCO is attending the North American International Auto Show in Detroit, Mich., USA, where it is unveiling its next-generation twinning-induced plasticity (TWIP) steel and showcasing its hot press forming steel, according to BusinessKorea magazine.
TMK IPSCO Executives Leaving Company
11 January 2016 - TMK IPSCO president and CEO David S. Mitch has stepped down from his role with the oil country tubular goods maker, the company has announced.
Update: Job Cuts Might Be on the Way at U.S. Steel's Ohio Tube Plant
08 January 2016 - United States Steel Corporation is planning to cut production and lay off approximately 260 employees at its Lorain, Ohio, tubular operation, according to The (Elyria, Ohio) Chronicle-Telegram newspaper.
Mintal Group Places Order for New Ferrochrome Plant
08 January 2016 - China Minmetal Corp.’s Mintal Group joint venture has ordered a new ferrochrome plant capable of producing 300,000 metric tons annually, according to the vendor on the project.
Nucor Postpones Decision on US$3.4B Louisiana Steel Works
08 January 2016 - The future of Nucor Corp.’s proposed US$3.4-billion Louisiana steel works is in question after the company left US$130 million in state economic incentives sitting on the table, reports The (New Orleans) Times-Picayune newspaper.
Cold Finished Steel Bar Institute Names New Officers
07 January 2016 - The Cold Finished Steel Bar Institute has elected Nelsen Steel Co. president Bill Geary as chairman, the trade association has announced.
Magnetation Idles Iron Ore Concentrate Plant
07 January 2016 - Minnesota-based Magnetation LLC is idling the second of its three iron ore concentrate plants and expects to lay off approximately 160 people, according to reports.
Republic Steel to Mothball Ohio Rolling Mill
07 January 2016 - Special bar quality manufacturer Republic Steel has announced that it will idle its Lorain, Ohio, USA, rolling mill by March and lay off approximately 200 workers, according to media reports.
U. S. Steel's Day in Court Coming on USSC Debt Claims
07 January 2016 - Attorneys for United States Steel Corporation are due in a Canadian court next week, where they will argue that $2.2 billion in debt claims on the company’s Canadian operation are valid – over the objections of a labor union, active and retired salaried employees, and local and provincial governments, according The Hamilton (Ontario) Spectator newspaper.
Canadian Iron Ore Producer Pulls Back on Winter Operations
06 January 2016 - Tata Steel Minerals Canada (TSMC), the steelmaker’s iron ore joint venture in Canada, is scaling down winter operations at its direct-shipping ore project.
Automakers: 2015 Was a Banner Year for Sales
06 January 2016 - As depressed as the steel markets might be, there’s at least this much to hold on to:
Italy's Ilva Group Put On the Sales Block
06 January 2016 - The Italian government is seeking a buyer for the ailing Ilva steel group, according to reports.
