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.
New Infographic Shows How Dust Collection Cyclones Work in Small Spaces
13 February 2015 - Compact Size Fits More Applications than Typical Cyclone
Fives Selected for Five New High-End Automotive Steel Projects
13 February 2015 - Fives, an international engineering group which designs and supplies process technologies to various industries, has been awarded five new processing line contracts for the automotive steel market, making it in this field a dominant equipment provider to steelmakers.
Unilux Completes 2nd Generation of Handheld Strobe Lights for Metals Industries
13 February 2015 - Unilux has introduced the LED1 and LED3, the next two members of its H2LED Series of handheld strobe lights for surface inspection, maintenance and troubleshooting for steel and aluminum mills and coil coating and service center operations.
MMK Carrying Out Large-Scale Blast Furnace Modernization
13 February 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) is carrying out technical upgrades to its blast furnace No. 8.
Piedmont Triad-Based New Page Capital Announces Acquisition of Engineered Steel Products
12 February 2015 - New Page Capital, a Greensboro, N.C.-based private equity firm focused on investing in privately held companies in the Piedmont Triad region, announces it has acquired Engineered Steel Products, a Sophia, N.C.-headquartered structural steel manufacturing company. During the sale process, Bundy Group served as exclusive advisor to Engineered Steel Products and its shareholders, and The Forrest Firm served as legal counsel.
Primetals Technologies Receives FAC for Heat Treatment Plant at Borusan Mannesmann in Texas
12 February 2015 - Primetals Technologies received the final acceptance certificate from Borusan Mannesmann Pipe U.S. for a heat treatment plant installed in the company ́s new ERW (Electric Resistance Welded) pipe mill in Baytown, Texas, USA. The equipment is used to quench and temper oil country tubular grades (OCTG), enabling Borusan Mannesmann to produce a wide range of high quality products for the highly competitive OCTG market. The Baytown facility is a subsidiary of the Turkish steel pipe producer Borusan Mannesmann Bo ru and is the first Turkish owned plant in the United States.
ArcelorMittal Ostrava Casts Unique Format of Round Billets for Tube Production
12 February 2015 - ArcelorMittal Ostrava has begun production of continuous cast billets with a unique small diameter of 130 mm.
Shougang's Malaysia JV Mill Produces First Slab
12 February 2015 - Eastern Steel, a joint venture between northern China flats major Shougang Group and Malaysia’s Hiap Teck Venture Berhad (HTVB), has produced its first slab, according to reports in local Chinese media.
MMK Reports Record Production at its Mill 2000
12 February 2015 - OJSC Magnitogorsk Iron and Steel Works’ (MMK) Mill 2000 has reached a record 5 million metric tons of total production of cold and galvanized rolled products.
General Steel Forms Joint Venture to Develop Internet-of-Things Solutions
11 February 2015 - General Steel Holdings, Inc., a leading non-state-owned steel producer in China, announced that the Company has reached a definitive agreement ("the Agreement") to form a joint venture with a team of radio-frequency identification ("RFID") experts (the "Expert Team"), to develop and commercialize RFID technology data solutions.
SSAB Receives EC Approval to Divest 50% of the Shares in Norsk Stål AS
11 February 2015 - SSAB has received approval from the European Commission to sell 50% of the shares in Norsk Stål AS (Norway) to Leif Hübert AS. This transaction is part of the divestment remedies that the European Commission deemed necessary for the combination of Rautaruukki with SSAB. The transaction is still subject to the approval of national competition authorities. This transaction has only a limited impact on SSAB’s financial results. SSAB has earlier divested Plannja Oy in Finland to Metehe Oy.
voestalpine Reports Significant Increase in Earnings After First Nine Months of the Business Year
11 February 2015 - Although the development of the global economy was very inconsistent in 2014 and, after a relatively optimistic start, was marked by an increasingly sober mood from the summer months onward, the steel-based technology and capital goods group voestalpine reported a significant increase in earnings in the first three quarters of the business year 2014/15 (April 1 to December 31, 2014).
TMK and RUSNANO Expand High-Tech Pipe Production
11 February 2015 - Russian tubular products producer TMK and state-owned RUSNANO Corp. are running a joint project at TMK’s Seversky pipe plant to expand the production of high-tech pipe with improved performance for the oil and gas industry.
Metalloinvest Enters Final Stage of Environmental Project at OEMK
11 February 2015 - Metalloinvest has begun the modernization of the second gas purification unit at its electric arc furnace shop at OEMK (part of Metalloinvest) in Russia.
Ovako Signs Agreement With SSAB to Acquire Tibnor Oy
10 February 2015 - Ovako has signed an agreement with SSAB to acquire steel and metals distributor Tibnor Oy in Finland. The deal has been approved by the European Commission and will now be examined by competition authorities in Finland and Estonia for final approval. The acquisition is expected to have a slightly positive impact on Ovako's operating profit and a slightly negative impact on cash flows for 2015.
Primetals Technologies Revamps Two Wire Rod Mills for China’s Zenith Steel
10 February 2015 - The upgrade increases rolling speed to 105 m/s. Expanded product line allows entry into fine grain rebar markets. Integrated solution includes electrical/automation revamp.
MMK to Maintain Production Volumes, Focus on Maximum Efficiency
10 February 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) plans to maintain production volumes over the next 10 years at approximately 12 million tonnes of metal annually at its key facility in Magnitogorsk, Russia.
Demag StatusControl Provides Crane Analysis in Real Time
10 February 2015 - Terex Material Handling has launched a new diagnostics system for crane installations with Demag StatusControl, providing a full overview of the status of your crane installations at all times.
Ternium to Fully Acquire Colombian Subsidiary Ferrasa
10 February 2015 - Ternium S.A. has entered into a definitive agreement to acquire the remaining 46% minority interest in its Colombian subsidiary Ferrasa for a total consideration of US$74 million.
IMS Revamping Former RG Slab Caster for U. S. Steel
09 February 2015 - Integrated Mill Systems (IMS) was awarded a contract by U. S. Steel to revamp the electrics and automation for a slab caster that is being relocated from the former RG Steel Sparrows Point mill in Maryland to the U.S. Steel Granite City Works in Granite City, Ill.
