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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.

Superior Tube to Significantly Reduce Lead Times with New Draw Mill Processes

22 August 2014 - Superior Tube Company, a global leader in the manufacture of small diameter precision tubing for safety critical applications, has significantly reduced its lead times — from 30 weeks to just 6 weeks in some cases — by implementing a ‘pull system’ as part of a reconfiguration of its draw mill processes.

Saarstahl Invests €46 million in Modernization of Rolling Mills

22 August 2014 - After the major investment projects of previous years, the most recent of which was the building of the new secondary metallurgy in the steelmaking plant, Saarstahl is continuing its modernization program with further investments in the rolling mills in Völklingen and Burbach, Germany.

Mechel Announces New Members to Its Management Board

22 August 2014 - Mechel OAO announced the election of new members to the Mechel OAO Management Board, the company’s elected collegial executive body.

VSW Mounts New Coating Line for Large Diameter Pipes

22 August 2014 - Vyksa Steel Works (VSW Open Joint Stock Company, based in Nizhny Novgorod, Russia, part of United Metallurgical Company, OMK CJSC, Moscow) has started installing new equipment for the first line of anti-corrosion coating for large diameter pipes (LDP).

SKF Appoints New President and CEO

21 August 2014 - SKF announced that Tom Johnstone has decided to step down as president and CEO of SKF, on 1 January 2015.

voestalpine Comments on HBI Contract with AHMSA, Says Other Negotiations Underway

21 August 2014 - voestalpine has revealed further details about its HBI supply agreement with AHMSA, and said negotiations with other North Ameican and European companies are currently underway.

ArcelorMittal Sends Second Shipment of Oversize Beams for German Bridge Project

21 August 2014 - This summer sees ArcelorMittal and CFL cargo repeating the feat achieved at the beginning of last year. On 18 August 2014, 14 more jumbo beams were transported by CFL cargo from ArcelorMittal Differdange to Dresden for use in the construction of a railway bridge by German rail company Deutsche Bahn.

Arnold Machine Builds Successful Custom Automation System for Nucor Steel

21 August 2014 - Arnold Machine Inc. (AMI), a premier full-service designer and manufacturer of industrial equipment and services, has built and successfully implemented a new proprietary automation system for custom fence posts for Nucor Steel.

Metalloinvest and Pittini Group Sign HBI Supply Contract

21 August 2014 - Metalloinvest and Italian steel factory Ferriere Nord S.P.A. (part of the Pittini Group) announced the signing of a long-term hot briquetted iron (HBI) supply contract.

AHMSA to Source 400–650,000 Annual Tons of HBI from voestalpine

20 August 2014 - In a statement on the Mexican stock exchange, Altos Hornos de Mexico (AHMSA) revealed further details about its HBI supply agreement with voestalpine.

Global Crude Steel Capacity Utilization Fell in July

20 August 2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million metric tons (Mt) in July 2014, an increase of 1.7% compared to July 2013.

North American Service Center Shipment Growth Continued in July

20 August 2014 - The healthy growth in steel and aluminum shipments exhibited in June 2014 continued into July for both U.S. and Canadian service centers, the Metals Service Center Institute (MSCI) reported.

QuesTek's High Performance Ferrium® M54® Steel Qualified for Navy T-45 Aircraft Hook Shank Production

20 August 2014 - QuesTek’s Ferrium M54 steel has been qualified to be used in a demanding Navy aerospace application (T-45 hook shanks), in part because it showed more than twice the component life as the existing steel.

EVRAZ Stratcor Consolidates North American Sales Activities in Chicago

20 August 2014 - As part of EVRAZ’s long-term plan to consolidate its vanadium-sales activities serving the steel, titanium, and chemical industries, EVRAZ Stratcor has assumed the responsibility for marketing EVRAZ’s ferrovanadium and Nitrovan® vanadium products sold in North America, effective 8 August 2014.

INTECO Supplying Ruspolymet with VAR Plant; Discussing Strategic Partnership

19 August 2014 - In June 2014, Russian special steel producer Ruspolymet assigned INTECO with the engineering and supply of a 6t vacuum arc remelting (VAR) plant.

Russel Metals Benefitting from Strengthening Economy in U.S., Canada

19 August 2014 - Russel Metals Inc. announced second quarter 2014 earnings of US$31 million or US$0.50 per share on revenues of US$893 million reflecting strong operating margins in all segments.

Artillery Shelling Shuts Down Four Metinvest Group Plants

19 August 2014 - Damage from heavy artillery cut the electricity transmission lines to the cities of Yenakiieve and Khartsyzsk, Ukraine. This led to the full shutdown of production at Yenakiieve Steel, Enakievskiy Koksohimprom and Khartsyzsk Pipe. Avdiivka Coke is still cut off from electricity, Metinvest reports.

Overhead Crane Design-Build Company Now Offers In-House Construction of Box Girder Beams

19 August 2014 - Specializing in overhead bridge crane design, build, and installation, Innovated Industrial Services Inc. announces that it has expanded its product line to include construction of box girder beams.

Mechel Reports New Management Appointment

19 August 2014 - Mechel OAO reports that Alexey Ivanushkin was appointed first deputy chief executive officer.

JSW Steel to Acquire Welspun Maxsteel Ltd.

18 August 2014 - JSW Steel Limited has entered into a definitive agreement with Welspun Enterprises Ltd. (WEL) to acquire WEL’s shares in Welspun Maxsteel Ltd. (WMSL) for an enterprise value of Rs 1000 crores plus net current assets as of 31 August 2014, subject to regulatory approvals and customary closing conditions.

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