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 Industry Group Provides Comments on China's Trade Barriers
01 December 2014 - The American Iron and Steel Institute (AISI) is urging the U.S.’s highest ranking trade officials to bring up the critical steel issues of China’s currency manipulation, overcapacity and non-market economy status when they meet with Chinese officials at the U.S.-China Joint Commission on Commerce and Trade (JCCT) on16–18 December in Chicago.
USW Applauds ITC for Continuing Investigation of Welded Line Pipe from Korea and Turkey
01 December 2014 - The United Steelworkers (USW) union said that the International Trade Commission (ITC) took the correct action in voting to continue investigating antidumping and countervailing duties on welded line pipe from Korea and Turkey.
SunCoke Energy Provides Update on Coal Mining Divestiture
01 December 2014 - SunCoke Energy Inc. updated its outlook for the divestiture of its Coal Mining business.
U.S. Agency Votes to Continue Trade Cases on Welded Line Pipe
28 November 2014 - The United States International Trade Commission determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain welded line pipe from Korea and Turkey that are allegedly subsidized and sold in the U.S. at less than fair value.
SteelBenchmarker: HRB Prices Nosediving
28 November 2014 - In its 208th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 24 November 2014:
FerrouSouth Installs Red Bud Stretcher Leveler Retrofit
28 November 2014 - FerrouSouth, located in Iuka, Miss., recently installed a Red Bud Industries’ .250” (6 mm) x 72” (1830 mm) stretcher leveler with SUREGRIP® technology in an existing cut-to-length Line.
Altumet SPA Orders Pipe End Finishing Machine from PWS
28 November 2014 - Altumet SPA from Algiers, Algeria, has ordered a pipe end finishing machine from PWS.
Synalloy Acquires Specialty Pipe & Tube Inc.
28 November 2014 - Synalloy Corporation, a company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals, has acquired Specialty Pipe & Tube Inc. Specialty is a master distributor of seamless carbon pipe, with a focus on heavy wall, large diameter products.
Kennametal Board Names Don Nolan Chief Executive Officer
28 November 2014 - The board of directors of Kennametal Inc. announced the appointment of Donald (Don) A. Nolan as the company's president, chief executive officer and member of the board of directors, while electing William R. Newlin, lead director, to serve as chairman of the board, both effective 17 November 2014, facilitating a clear-cut, transparent transition of immediate effect. As previously announced, Carlos Cardoso's retirement is effective 31 December 2014.
Timken Adds to Its Bearing Portfolio with Acquisition of Revolvo
28 November 2014 - The Timken Company announced it has reached agreement with ERIKS NV to acquire the assets of Revolvo Ltd., a specialty bearing company based in Dudley, U.K.
Outokumpu Wins Award for Environmental Achievements
28 November 2014 - International Chromium Development Association (ICDA) awarded Outokumpu’s Tornio operations in Finland on long-term successful work in waste water treatment and protection of sea environment on 5 November 2014. The award is based on voting of ICDA council and committees.
Siemens Presents Industry-Specific Motors for Steel Plants
27 November 2014 - Siemens has developed industry-specific motors for steel plants on the basis of the Simotics 1LE1 motor platform.
ArcelorMittal Named Among Global Top Companies for Leaders
27 November 2014 - ArcelorMittal has been ranked 14th on the 2014 global Aon Hewitt Top Companies for Leaders list. This comprehensive study recognizes companies with best-in-class talent management practices around the world.
The Timken Co. Names New Director
27 November 2014 - The Timken Company's board of directors has elected Maria A. Crowe a director of the company for a term that expires at its May 2015 annual meeting. The election brings The Timken Company board to 11 directors.
ArcelorMittal Europe Reports €125 Million Operating Profit for Q3 2014
27 November 2014 - ArcelorMittal Europe announced its results for the third quarter of 2014.
Tata BlueScope Steel Constructs Library Building for KIIT University
27 November 2014 - Tata BlueScope Steel Limited, through its EZYBUILD® Solutions Provider, Adi Durga Steel, has bagged the project to construct a library building for KIIT University, Bhubaneswar, Odisha, India.
MISCOR Group Names New VP of Finance
27 November 2014 - MISCOR Group announced it has named Edward Zeuch as vice president of finance.
Markets on the Upswing: CRU 2014 North American Steel Conference
26 November 2014 - Each year, CRU holds its North American Steel Conference in Chicago, Ill., USA, featuring the latest updates from new and established market players, market and pricing forecasts, and the latest on the international trading front.
WorldAutoSteel Case Studies Stress Need For Lifecycle Mindset In Vehicle Emissions Regulations
26 November 2014 - WorldAutoSteel, the automotive group of the World Steel Association, recently released findings of two new case studies that examine the effect various automotive materials can have on total life cycle greenhouse gas (GHG) emissions for light-duty truck and sport utility vehicle (SUV) classes.
Abakan Secures Strategic Investment from Global Wear-Resistant Clad Plate Manufacturer
26 November 2014 - Abakan Inc. has secured a US$3 million strategic investment from the world’s largest wear-resistant clad plate manufacturer, UP Scientech Materials Corp.
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