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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.
Governor Tells Essar Steel Minnesota To Pay Up
01 December 2015 - Minnesota Gov. Mark Dayton has threatened to call due a US$67 million loan to Essar Steel Minnesota if the company doesn’t pay past due bills from vendors building the company’s new Nashwauk taconite plant by 2 December.
Reliance Steel Adds Tube Distributor to Network
01 December 2015 - North America’s largest metals service center is acquiring U.S.- based Tubular Steel Inc. for an undisclosed amount, the company has announced.
U. S. Steel Announces Management, Organizational Changes to Flat Rolled Division
01 December 2015 - United States Steel Corporation is reorganizing the reporting structure for its flat rolled division, creating three commercial entities that will oversee operations at their respective plants.
POSCO, Maruichi Steel Celebrate 35-Year Relationship
30 November 2015 - South Korea’s POSCO recently supplied its 8 millionth ton of steel to Japan’s Maruichi Steel Tube Ltd., POSCO has announced.
Primetals Setting Up Briquetting Plant at New HBI Facility
30 November 2015 - Primetals Technologies has won an order for a residuals briquetting plant to be installed at voestalpine’s new hot briquetted iron (HBI) facility in the United States.
EUROFER: Changes to EU's Emissions Trading System Would Cost Steelmakers EUR34 Billion
30 November 2015 - Revisions to the European Union Emissions Trading System would be so costly to implement that they would just about erase the steel industry’s margins, according to EUROFER, the European Steel Association.
10 Killed in Accident at Chinese Plant
30 November 2015 - Chinese authorities are investing a gas leak that killed 10 people at a steel plant during the weekend, according to reports.
American Lawmaker Wants to Put a Five-Year Halt on Steel Imports
24 November 2015 - A U.S. lawmaker said he plans to introduce a bill banning steel imports for five years to protect the country’s ailing iron ore miners and steelmakers, according to reports.
U. S. Steel Idling Illinois Steel Works
24 November 2015 - United States Steel Corporation will temporarily idle steelmaking and finishing operations at its Granite City Works in Illinois, the company has announced.
New Case-Hardening Process Under Development at German University
23 November 2015 - Engineers at Germany’s Karlsruhe Institute of Technology are working on a new steel-hardening process that they claim holds promise for the development of smaller car engines, reports The Engineer magazine.
Equipment Upgrade Helps ArcelorMittal Expand Piling Products Portfolio
23 November 2015 - ArcelorMittal’s Belval sheet piling mill in Luxembourg has put a new SMS group Compact Roller Straightener into service, allowing the mill to expand its product portfolio, SMS has announced.
AIST Reinvents the Steel Wheel
23 November 2015 - The Association for Iron & Steel Technology (AIST) has created an online, interactive educational tool designed to help the public understand how steel is made.
LME's New Steel Contracts Make Market Debut
23 November 2015 - The London Metal Exchange launched its new rebar and steel scrap contracts today, but so far there hasn’t been much interest, according to Reuters news service.
Expanding on Previous Acquisition, Atlas Copco Sweeps Up Second Vacuum Business
20 November 2015 - Swedish compressor manufacturer Atlas Copco is acquiring Oerlikon’s Leybold Vacuum business in a deal based on an enterprise value of CHF525 million, the company said.
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.”
