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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.

AK Steel To Acquire Severstal Dearborn

21 July 2014 - AK Steel has signed an agreement to acquire Severstal North America's integrated steelmaking assets located in Dearborn, Michigan for US$700 million in cash.

Steel Dynamics Inc. To Acquire Severstal Columbus

21 July 2014 - Steel Dynamics Inc. has entered into a definitive agreement to acquire 100% of Severstal Columbus LLC (Columbus) from OAO Severstal.

Terex to Relocate Demag Overhead Crane Manufacturing to Oklahoma City

21 July 2014 - Terex Corp. announced it will relocate production of its overhead cranes from its current Houston location to a newly upgraded Oklahoma City facility (OKC).

Insteel Reports Increasing Capacity Utilization in Quarterly Earnings Report

21 July 2014 - Insteel Industries Inc. announced financial results for its third quarter ended 28 June 2014.

KMS Installs PURON® HF Modules at Major Steel Mill in Inner Mongolia

21 July 2014 - Koch Membrane Systems Inc. (KMS), world-class developer and manufacturer of innovative membranes and membrane filtration systems, has installed its PURON® HF ultrafiltration (UF) modules at a major steel mill in Inner Mongolia, China.

Magnetation Completes US$100 Million Financing for Accelerated Iron Ore Expansion Projects

18 July 2014 - Magnetation LLC has successfully completed a US$100 million senior secured notes tack-on offering. The proceeds from the offering will be used to complete its iron ore expansion projects ahead of schedule and finance the increased production capacity of its new iron ore concentrate plant.

North Star BlueScope Decides Not to Build DRI Facility in Ohio

18 July 2014 - North Star BlueScope Steel (NSBSS), jointly owned by BlueScope (50%) and Cargill Inc. (50%), has concluded a detailed scoping and development study for a potential direct reduction iron (DRI) plant at its Delta, Ohio, steelworks.

Ternium First in Mexico to Develop Steel with Improved Stress Resistance for Rims

18 July 2014 - Ternium Mexico is currently developing FB-540 steel grade, with a ferrite-bainite structure, used to manufacture rims for the automotive industry, thus, becoming the first company to produce this grade of steel in Mexico.

ArcelorMittal Ostrava Equipping Its Power Plant with Modern Boiler

18 July 2014 - ArcelorMittal Ostrava is continuing with its plans for modernization. Its subsidiary ArcelorMittal Energy Ostrava has just signed a contract to build a new fluidized bed* boiler.

Aptean Launches New Release of Axis ERP for Metals Industry

18 July 2014 - Aptean announced the launch of Axis 6.2, the latest version of its industry-leading ERP (Enterprise Resource Planning) solution designed for metals producers, wire and cable manufacturers and metals service centers.

Severstal and McKinsey to Evaluate Production Efficiency of BOF Cherepovets Mill

18 July 2014 - The Cherepovets Steel Mill (CherMK), part of the Russian Steel division of OAO Severstal, announced the launch of a project in conjunction with McKinsey, a global consultancy, to improve efficiency of basic oxygen steel production.

Severstal Agrees to Sell PBS Coals

18 July 2014 - OAO Severstal’s wholly-owned subsidiary 7027940 Canada Limited has entered into a definitive agreement with Corsa Coal Corp., a Canadian public company, for the sale of PBS Coals Inc., a metallurgical coal producer located in Pennsylvania, USA.

TimkenSteel to Invest US$40 Million in New Continuous Heat Treat Facility

17 July 2014 - TimkenSteel Corp. announced plans to open an additional continuous heat-treat facility in the U.S. to produce more value-added steel for demanding applications.

Carmeuse Obtains Air Permit for Two New Vertical Lime Kilns

17 July 2014 - Carmeuse Lime & Stone is pleased to announce the planned construction and operation of two 440-ton-per-day vertical lime kilns at its plant located in Frederick County, Va.

IMS Systems Introduces New Optical Width Gauge

17 July 2014 - IMS Systems Inc. has developed an optical width gauge that uses the most advanced technology to measure edge crack, hole/pinhole and strip contour defects in cold processing environments.

Nippon Steel & Sumitomo Metal’s Ultrahigh-Tensile Steel Receives Nissan Global Supplier Award

17 July 2014 - Nippon Steel and Sumitomo Metal Corp. (NSSMC) received Nissan’s Global Supplier Award for Innovation for the development of high-formability ultrahigh-tensile steel sheet of the 1.2GPa class.

Emerson Introduces Online Asset Management Tool for Critical Drivetrain Couplings

17 July 2014 - Emerson's Power Transmission Solutions introduces industry's first online tool for tracking the location, life history and latest revision drawings and installation instructions for all critical drivetrain couplings owned by customers, whether installed or in spares inventory.

U. S. Steel Košice Ending Dispute with Slovak Republic

17 July 2014 - U. S. Steel Global Holdings I B.V., a limited liability company existing under the law of the Netherlands and immediate parent company of U. S. Steel Košice, s.r.o., owner of a fully integrated steelmaking plant in Košice, Slovakia, has agreed to cease its pending dispute in arbitration with the Slovak Republic.

Siemens Commissions Pickling Line-Tandem Cold Mill for VAMA

16 July 2014 - The coupled pickling line-tandem cold mill (PLTCM) supplied by Siemens Metals Technologies was commissioned for Valin ArcelorMittal Automotive Steel Co. Ltd. (VAMA) at the end of May 2014.

ArcelorMittal Shelby to Invest US$30 Million in Tube Mill Expansion

16 July 2014 - ArcelorMittal Shelby, a tubular product facility located in Shelby, Ohio, is pleased to announce plans for expansion as part of its growth strategy.

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