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.
AIIS: U.S. Steel Imports Fell 2% in December
04 March 2015 - Steel imports declined slightly in December, marking the second straight monthly decrease, the American Institute for International Steel (AIIS) reported.
MMK Increases Steel Shipments to Shipbuilders
04 March 2015 - Russia's OJSC Magnitogorsk Iron and Steel Works (MMK) supplied 78,000 metric tons of metal products to shipbuilders in 2014, which represents a 37.2% growth y-o-y.
Harsco Acquires Transportation Safety Products Provider Protran Technology
03 March 2015 - Harsco Corporation has acquired Protran Technology, a New Jersey-based leader in the design and production of safety systems for transportation and industrial applications. Terms of the transaction were not disclosed.
SSINA, USW Urge Exclusion of Japan from TPP Negotiations
03 March 2015 - The Specialty Steel Industry of North America (SSINA) and the United Steelworkers (USW) have sent the letter below to U.S. Trade Representative Michael B. Froman.
Zhejiang Kingland Puts Spiral Pipe Plant from PWS into Operation
03 March 2015 - Zhejiang Kingland Pipe Industry, based in Huzhou City, Zhejiang Province, China, has successfully commissioned a spiral pipe plant supplied by PWS.
MSCI: Service Centers Shipments Lower in January 2015
03 March 2015 - U.S. shipments of both steel and aluminum decreased from levels a year ago in January 2015, according to the latest report from the Metals Service Center Institute. Canadian results were similar.
Alpha Natural Resources Subsidiaries Downsizing West Virginia Mining Operations
03 March 2015 - Two operating affiliates of Alpha Natural Resources Inc. have notified their employees that certain West Virginia coal mines are being idled due to sustained weak market conditions and federal government regulations that have challenged the entire Central Appalachian mining industry.
Reliance Steel Announces Executive Leadership Succession Plan
02 March 2015 - Reliance Steel & Aluminum Co. announced that the company's Board of Directors has approved an executive leadership succession plan consistent with the company's growth strategy and focus on operational execution.
Alacero: 2014 Latin America Steel Production Fell While Imports Rose
02 March 2015 - End of the year figures show that the Latin American steel market did not grow during 2014, impacted by the global and regional economic deceleration, said Latin America’s steel association Alacero.
Gerdau’s New Structural Steel Mill in Mexico Starting Up Operations
02 March 2015 - With the start of steel production scheduled for the first quarter of 2015, the melt shop of Gerdau's new steel mill in Mexico is in its final testing period.
Red Bud to Provide Multi-Blanking Line to Magic Coil Products
02 March 2015 - Magic Coil Products LLC of Butler, Ind., recently ordered a Red Bud Industries’ precision multi-blanking line.
Insteel Industries Announces Consolidation of PC Strand Facilities
02 March 2015 - Insteel Industries Inc. will be closing its prestressed concrete strand (PC strand) facility in Newnan, Ga., and moving the manufacturing to its other three PC strand production facilities located in Gallatin, Tenn.; Houston, Texas; and Sanderson, Fla. The Newnan facility was acquired from American Spring Wire Corporation in August 2014.
ArcelorMittal USA Idling Indiana Harbor Long Carbon Facility
27 February 2015 - ArcelorMittal will idle its Indiana Harbor Long Carbon (IHLC) facility beginning with the electric arc furnace on 1 March 2015, followed by the rolling mill operation in Q2 2015, pending customer requirements.
Terex Material Handling Unveils Innovative Demag Crane Design
27 February 2015 - Terex Material Handling has launched the Demag V-type crane design, a revolutionary crane that sets a new industry standard and weighs up to 17% less than comparable box-section profile girders.
PwC US: Metals Industry Saw Uptick in M&A Activity in Q4 2014
27 February 2015 - The metals sector recorded a significant increase in merger and acquisition (M&A) activity during the fourth quarter of 2014, but the year overall saw a decline in deal value compared to 2013, according to Forging Ahead, a quarterly analysis of the global deal activity in the metals industry by PwC US.
Olympic Steel Reports Record Q4 Sales
27 February 2015 - Olympic Steel Inc., a national metals service center, announced financial results for the fourth quarter and full year ended 31 December 2014.
SteelBenchmarker: HRB Prices Heading for the Bottom
27 February 2015 - In its 214th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 23 February 2015:
Tenaris to Temporarily Suspend Operations at Texas Mill
26 February 2015 - Tenaris will temporarily suspend operations at its welded tubes mill in Conroe, Texas, resulting in the layoff of approximately 230 employees, effective 24 April 2015.
NLMK Generates Significant Savings through PCI Implementation at Novolipetsk
26 February 2015 - Russia’s NLMK Group made a saving of 425 million rubles in 2014 through the use of pulverized coal injection (PCI) technology at two blast furnaces at its Novolipetsk production site in Lipetsk.
U. S. Steel Names Vice President and Controller
26 February 2015 - United States Steel Corporation announced the promotion of Colleen M. Darragh to the position of vice president and controller, effective immediately.
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