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.
Olympic Steel Expands Reach Through Acquisition
02 October 2023 - Olympic Steel Inc. has acquired a Midwestern and Southern bar and tube fabricator in an all-cash deal, the service center has announced.
Investor Group Acquires Land for Pennsylvania Rebar Mill
29 September 2023 - A group that has proposed building an electric arc furnace–based rebar mill outside of Pittsburgh has purchased a 44-acre site along the Ohio River, reports the Pittsburgh Business Times.
ArcelorMittal Mexico Starts Automated Quality Control System
28 September 2023 - ArcelorMittal Mexico recently put an integrated quality control, production management and transport system from Primetals Technologies into service at is Lázaro Cárdenas site, the equipment supplier reports.
Nucor Looks to Fusion Technology as an Electricity Source
27 September 2023 - Nucor Corp. on Wednesday announced that it intends to bring fusion power to its steel mills through a collaboration with a company developing the technology.
Vale to Weigh Potential of Port-Based HBI Plant
27 September 2023 - Iron ore miner Vale has signed a memorandum of understanding with a southeastern Brazilian port to explore development of a hot briquetted iron hub, the company has announced.
USW Announces Passing of International President Tom Conway
26 September 2023 - United Steelworkers (USW) international president Tom Conway has died at the age of 71, the union announced Monday.
Tata Steel CEO: Green H2 Is Answer to Indian Coal Dependence
26 September 2023 - India can reduce its dependence on coal through green hydrogen, Tata Steel chief executive officer and managing director TV Narendran said during a conference, reports Indian news service PTI.
Hyundai Steel Plans to Launch Pipe Subsidiary
26 September 2023 - Hyundai Steel has decided to establish an independent steel pipe unit as part of an effort to streamline its portfolio, reports The Korea Times newspaper.
Alton Steel Opens 6.5-MW Solar Facility
25 September 2023 - Special bar quality maker Alton Steel on Monday cut the ribbon on an on-site solar array that will meet 10% of the steel producer’s electricity needs.
Indian Mill Starts Sarralle Ladle Furnace
22 September 2023 - A Sarralle-built ladle furnace has been successfully hot commissioned at India’s ESL Steel Ltd.-Vedanta, the equipment manufacturer reports.
JSW Slows Pace on Teck Resources Coal Unit Deal
22 September 2023 - A diplomatic dispute between Canada and India is said to be slowing JSW Steel’s effort to acquire a stake in Teck Resources’ metallurgical coal unit, according to the Reuters news service.
Report: Stelco Interested in Acquiring U. S. Steel
22 September 2023 - Canada’s Stelco is reportedly pursuing a bid for United States Steel Corporation, Bloomberg has reported.
Report: U. S. Steel, Cleveland-Cliffs at Odds in Sales Process
21 September 2023 - A dispute between Cleveland-Cliffs Inc. and United States Steel Corporation has emerged over a confidentiality arrangement, locking Cleveland-Cliffs out of a sales process that is underway, reports the Reuters news service.
U. S. Steel, Energy Department Team Up for Carbon Sequestration Tech Test
20 September 2023 - United States Steel Corporation and the U.S. Energy Department will jointly test a way to pull carbon dioxide from flue emissions at the steelmaker’s Edgar Thomson plant in Pennsylvania.
ABB, SMS group Tag Team on Hot Strip Mill Drivetrain
20 September 2023 - ABB is partnering with SMS group to deliver the medium-voltage motors and drives to the new AM/NS India hot strip mill in Hazira, the companies report.
ANDRITZ Receives Order for 100-MW Electrolyzer
20 September 2023 - Salzgitter has placed an order with ANDRITZ for a 100-MW hydrogen electrolyzer, a facility that will be one of Europe’s largest green hydrogen plants, the steelmaker has announced.
Work Continues on U.S.-EU Green Steel Deal
20 September 2023 - Representatives of the U.S. and European Union are continuing to negotiate a trade deal on green steel and aluminum in advance of a trade summit in the back half of October, reports Politico.
Auto Strike Prompts U. S. Steel to Idle Blast Furnace
19 September 2023 - United States Steel Corporation is temporarily idling the B blast furnace at its Granite City Works amid a strike by the United Auto Workers.
Deacero Announces US$1 Billion Investment
19 September 2023 - Mexican steelmaker Deacero plans to add 1.2 million tons of capacity, a US$1 billion investment to be carried out over the next three years, reports Recycling Today.
TYASA, Danieli Partner on SBQ Mill Build
19 September 2023 - Danieli has won a contract to build a 350,000-ton bar mill for Mexico’s TYASA, the equipment manufacturer reports.