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.
IREPAS Gives Short Range Outlook for December 2014
16 December 2014 - Oversupply has been evident in the global long steel market from September up to the end of November, slowing down demand, putting pressure on the market and pushing prices downwards.
Bradbury Introduces Portable Decoiler for Containerized Roll Former
16 December 2014 - A newly designed BMS powered portable decoiler from the Bradbury Group has been utilized in a recent containerized standing seam line.
AIIS: U.S. Steel Exports Dipped in October
16 December 2014 - U.S. steel exports dipped from September to October 2014 and fell nearly 11% from a year earlier, according to analysis from the American Institute for International Steel (AIIS).
Agency Vote Determines U.S. Industry Injured by Wire Rod Imports from China
15 December 2014 - The United States International Trade Commission (USITC) determined that a U.S. industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from China that the U.S. Department of Commerce (Commerce) has determined are subsidized and sold in the United States at less than fair value.
Trade Law Group Voices Concerns Over WTO Decision in India Hot Rolled Steel Dispute
15 December 2014 - The Committee to Support U.S. Trade Laws (CSUSTL), a broad coalition committed to preserving U.S. unfair trade laws, expressed serious concerns regarding the World Trade Organization (WTO) Appellate Body report issued on 8 December 2014 in India's challenge of a U.S. countervailing duty order on certain hot-rolled carbon steel flat products.
The Systems Group Names New President
15 December 2014 - The Systems Group (TSG) — a diverse group of companies engaged in fabrication, plant maintenance and construction for steel mills, foundries, metal processing plants, petrochemical plants and manufacturing facilities — announced that Lee Morgan has joined the company as its new president.
OSHA Cites JSW Steel (USA) for Safety Violations
15 December 2014 - An OSHA inspection on 10 June 2014 of the JSW Steel (USA) Inc. Baytown facility found the company violated 12 safety requirements. Proposed penalties total US$126,000.
Swiss Steel Chooses Arktis Radiation Detectors System for New Application
15 December 2014 - Arktis Radiation Detectors will supply a custom version of one of its FLASH Radiation Portal Monitors to Swiss Steel AG, a steel manufacturer in Switzerland for the automotive, machine and appliance industries.
MORE and Danieli Install EAF Offgas System at ABS in Italy
12 December 2014 - In September 2014, MORE srl, jointly with Danieli & C. SpA, successfully installed the innovative LINDARC™ real time laser EAF offgas analysis system at Acciaierie Bertoli Safau (ABS) in Udine, Italy.
Cliffs to Sell Logan County Coal to Coronado Coal II
12 December 2014 - Cliffs Natural Resources Inc. has entered into a definitive agreement to sell its Logan County Coal assets in southern West Virginia to Coronado Coal II LLC for US$175 million in cash and the assumption of certain liabilities.
Platts China Steel Sentiment Index Shows Small Uptick
12 December 2014 - The outlook for China's steel market has improved slightly, with expectations of new orders rising and steel output tipped to stay at November levels, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which shows a headline reading of 37.39 out of a possible 100 points in December.
AISI: October Steel Shipments Up 1.6% from September
12 December 2014 - The American Iron and Steel Institute (AISI) reported that for the month of October 2014, U.S. steel mills shipped 8,508,477 tons, a 1.6% increase from the 8,372,929 tons shipped in the previous month, September 2014, and a 2.7% increase from the 8,287,553 tons shipped in October 2013.
LGOK’s Quality Management System Re-Confirms Compliance with International Requirements
12 December 2014 - Lebedinsky GOK (part of Metalloinvest) has successfully passed the regular audit of its quality management system’s adherence to the ISO 9001:2008 international standard.
GrafTech Finalizes Relocation Plans in Northeast Ohio
11 December 2014 - GrafTech International Ltd. announced the two new Northeast Ohio locations for its global headquarters and Innovation & Technology Center.
POSCO E&C Wins US$400 Million Contract to Build Steel Mill in Oman
11 December 2014 - POSCO E&C has signed a US$400 million contract to build a steelmaking and rolling mill plant for Sun Metals LLC in Oman.
Universal Stainless CEO Receives One of Three Top Honors in Smart 50 Awards Event
11 December 2014 - Universal Stainless & Alloy Products Inc. announced that Dennis M. Oates, chairman, president and chief executive officer, received one of three top honors presented by Smart Business magazine at a Pittsburgh Smart 50 Awards ceremony in November 2014.
ANDRITZ to Modernize CAL for ThyssenKrupp Rasselstein
11 December 2014 - International technology Group ANDRITZ has received an order from ThyssenKrupp Rasselstein, Germany, to modernize continuous annealing line No. 4 at the Andernach plant, the largest production site worldwide for packaging steel.
NLMK Steel Used in World’s Heaviest-Lift Mine Dump Truck
11 December 2014 - NLMK Group, Russia’s leading manufacturer of HVA products, has begun delivering plates made from abrasion-resistant Quard 450 steel for the production of the world’s heaviest-lift dump truck — the BELAZ-75710.
SteelBenchmarker: China HRB Price Bottoms?
11 December 2014 - In its 209th report, the SteelBenchmarker released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 8 December 2014.
Outokumpu Gives Update on Market and Technical Issues in Calvert
10 December 2014 - Outokumpu’s stainless steel mill in Calvert, Ala., has experienced technical issues in all of its three cold rolling lines during the past six months. This has had a negative impact on customer deliveries and increased costs.
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