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.
North American Service Center Shipments Stagnant in August
23 September 2014 - Steel and aluminum shipments were essentially flat or declined by small percentages at both U.S. and Canadian service centers, the Metals Service Center Institute (MSCI) reports. Inventory increased across the board.
BOF Hot Trials Commence at SAIL’s Burnpur Plant
23 September 2014 - On a visit to ISP Burnpur, SAIL chairman C.S. Verma witnessed the start-up of the first basic oxygen furnace (BOF) on 14 September 2014.
Outokumpu Stainless Steel Creates First Ever Maintenance Free Boat
23 September 2014 - Outokumpu duplex stainless steel was used in the first ever boat built entirely out of stainless steel. The boat represents true innovation in the shipbuilding industry.
EVRAZ NTMK Announces Certification of New Railway Wheel Type
23 September 2014 - EVRAZ NTMK of Nizhny Tagil, Sverdlovsk region, Russia, has completed TSI certification of its BA-004 solid-rolled railway wheels for freight cars.
Big River Steel Breaks Ground on Arkansas Steel Mill
22 September 2014 - Big River Steel today broke ground on its US$1.3 billion steel mill and recycling facility in Osceola, Ark., the single largest private investment in the state’s history.
Global Steel Production Rose 1.4% Y-o-Y in August
22 September 2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 135 million metric tons in August 2014, an increase of 1.4% compared to August 2013.
Tenaris Inaugurates Finishing Facility in Ecuador
22 September 2014 - Tenaris officially inaugurated on 16 September 2014 its new finishing mill in Machachi, Ecuador.
Electrical Steel Producers Appeal ITC Decision in Trade Case
22 September 2014 - U.S. producers of grain-oriented electrical steel (GOES) have filed an appeal of the negative decision on “material injury” by the U.S. International Trade Commission (ITC).
ISSF: Stainless Steel Production Up 10.6% in the First Half of 2014
22 September 2014 - The International Stainless Steel Forum (ISSF) released figures for the first half of 2014 showing that stainless steel melt shop production increased by 10.6% year–on–year to 20.9 million metric tons.
Siemens Boosts Capacity of AHSMA’s Plate Heat Treatment Line
19 September 2014 - Mexican steel producer Altos Hornos de México S.A.B de C.V. (AHMSA) has commissioned Siemens Metals Technologies to expand the annual capacity of its planned normalizing line at its Monclova plant to 300,000 metric tons of plate per year.
SDI Provides Q3 2014 Earnings Guidance
19 September 2014 - Steel Dynamics Inc. provided third quarter 2014 earnings guidance, noting that demand trends for key steel-consuming end markets is expected to remain favorable, as strength in automotive, manufacturing, energy and construction markets continue to improve.
AK Steel Introduces New Stainless Steel Product
19 September 2014 - AK Steel has introduced CHROMESHIELD™ 22, a new nickel-free stainless steel product with enhanced benefits and stable pricing for customers.
Cliffs Natural Resources Appoints Olympic Steel CEO to Board of Directors
19 September 2014 - Cliffs Natural Resources Inc. has appointed Michael D. Siegal to its Board of Directors, effective immediately.
Air Products Recognized for Sustainability Leadership by Dow Jones Indexes
19 September 2014 - Air Products has again achieved a leadership position among the top 10% of companies in its industry as a component of the Dow Jones Sustainability World Index (DJSI) 2014/2015, a gold standard benchmark for corporate sustainability performance.
Tata Steel Europe Opens New Automotive Finishing Line
18 September 2014 - Tata Steel has opened a new finishing line at its IJmuiden steelworks in the Netherlands to strengthen the supply of high-value steels to the automotive sector and other markets.
Shanxi Taigang Stainless Steel Commissions Revamped Duplex RH-TOP Plant from SMS Mevac
18 September 2014 - After the successful commissioning of the new 80-ton Duplex RH-TOP plant No. 2 (Ruhrstahl Heraeus process) last April, Taigang Group International Trade Co. Ltd., and the plant operator Shanxi Taigang Stainless Steel Co. Ltd. (TISCO), both located in Taiyuan, China, have successfully revamped and commissioned the existing 80-ton Duplex RH-TOP plant No. 1.
Nucor Announces Guidance for Q3 Earnings
18 September 2014 - Nucor Corporation announced guidance for its third quarter ending 4 October 2014.
Ontario Court Approves Essar Steel Algoma’s Recapitalization and Refinancing Plan
18 September 2014 - The Ontario Superior Court of Justice has approved Essar Steel Algoma Inc.’s Plan of Arrangement, granting a final order deeming the plan to be fair and reasonable pursuant to the Canada Business Corporations Act.
U. S. Steel Canada Announces Initial Order Under CCAA
18 September 2014 - U. S. Steel Canada Inc. announced on 16 September 2014 that it is initiating a Court-supervised restructuring in order to create a restructured business that can compete in the North American steel market for the long term.
Outokumpu to Help Supply 800-Metric-Ton Stainless Steel Façade for Baosteel’s Head Offices
18 September 2014 - SKS, a joint venture between Outokumpu and Baosteel Group in China, is delivering over 800 metric tons of high-quality cold-rolled stainless steel plate for the cladding of Baosteel’s landmark head offices in Shanghai and Guangzhou in China.
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