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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.
IREPAS Releases Latest Short Range Outlook for Global Long Products Market
03 December 2014 - The global long steel products market is still showing a high degree of competition, IREPAS said in its Short Range Outlook for November 2014. Demand is strong in North America, the Persian Gulf region and the Southeast Asian market, however, other markets like the EU and South America are still showing some weakness.
Canadian Institute of Steel Construction Urges Strong Action from Government on Buy America on Canadian Soil
03 December 2014 - The Canadian Institute of Steel Construction (CISC), as the voice of the Canadian steel industry, is gravely concerned about the growing impact of protectionist legislation such as Buy America/Buy American that has for years prevented Canadian firms from competing on public infrastructure projects in the U.S., and is now extending its reach onto Canadian soil with the recently announced redevelopment project for the Prince Rupert Ferry Terminal in British Columbia.
Reliance Steel & Aluminum Co. Acquires Fox Metals and Alloys
03 December 2014 - Reliance Steel & Aluminum Co. has acquired all of the capital stock of Fox Metals and Alloys Inc., a steel distributor specializing in alloy, carbon and stainless steel bar and plate products, primarily servicing OEMs and machine shops who manufacture or support the manufacturing of equipment for the oil, gas and petrochemical industries.
AIIS: October U.S. Steel Imports Rose Sharply
03 December 2014 - U.S. steel imports rose sharply in October 2014, driven by increases from Brazil, South Korea, and Turkey, according to analysis from the American Institute for International Steel (AIIS).
AISI Tells EPA Power Plant Proposal Could Increase Electricity Costs for Steelmakers
02 December 2014 - The Environmental Protection Agency’s (EPA) proposed power plan could raise electricity costs, damage competitiveness and hurt American steel jobs, says the American Iron and Steel Institute (AISI), the trade association representing three-quarters of steel capacity in North America.
California Steel Industries Commissions Pipe Welding Line from SMS Meer
02 December 2014 - CSI Tubular Products Inc. (CSITP), a wholly-owned subsidiary of California Steel Industries Inc. (CSI), based in Fontana, Calif., U.S.A., has successfully commissioned an electrical resistance welding (ERW) line for up to 24-inch diameter pipes supplied by SMS Meer.
Essar Steel Commissions 6 MTPA Integrated Pellet Complex in India
02 December 2014 - Essar Steel announced the commissioning of an integrated Pellet Complex in State of Odisha, India, comprised of an iron ore beneficiation facility at Dabuna (Keonjhar), 6 million tonnes per annum (MTPA) Pellet plant at Paradeep (Jagatsinghpur) and 253 kms long slurry pipe line with 12 MTPA carrying capacity connecting the beneficiation facility and pellet plant.
Preliminary U.S. Steel Imports Rose 13% in October
02 December 2014 - Based on preliminary U.S. Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 4,398,000 tons of steel in October, including 3,396,000 tons (tons) of finished steel (up 12.8% and 14.9%, respectively, vs. September final data).
Danieli to Supply New Seamless Pipe Complex for OMK Trubodetal
02 December 2014 - Russia’s largest pipe fitting producer, Trubodetal, a subsidiary of United Metallurgical Company (OMK), has placed an order to establish an integrated pipe complex with Italian plant manufacturer Danieli for a new 9 5/8” seamless tube plant.
New Video Campaign Highlights Positive Contribution of Global Steel Industry
01 December 2014 - The World Steel Association (worldsteel) has launched a video campaign highlighting the global contribution of the steel industry. The video brings to life the environmental benefits of steel, the extensive use of the material in our daily lives, the modern transformation of the industry, and the diverse job opportunities available.
AWMI Meets in Savannah for Annual Leadership Conference
01 December 2014 - The annual conference of the Association of Women in the Metal Industries (AWMI) was held 13–15 November 2014 in Savannah, Ga. The meeting provides an array of opportunities for members and conference attendees to touch upon each of AWMI’s cornerstones — educate, grow, network and mentor — by hearing from industry leaders, learning about the latest issues shaping the metals business, interacting with peers and exchanging ideas.
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.
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