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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.

SMS Siemag’s Converter-Vessel Changing Concept Successfully Implemented at PT Krakatau-Posco Company

19 June 2014 - PT Krakatau-Posco Company (PTKP), Indonesia, and SMS Siemag (www.sms-siemag.com), Germany, have successfully put into operation the efficient converter-vessel changing concept involving a 300 ton change-vessel converter, a changing car as well as highly effective environmental technology for the converter shop.

Steel Scrap Prices Could Plummet: WSD

19 June 2014 - Global steel scrap prices could "plummet" in the coming months due to sluggish export demand and pressure from lower-priced iron ore and coke, according to two World Steel Dynamics Inc. (WSD) analysts.

POSCO Wins 'World's Most Competitive Steelmaker' Award

18 June 2014 - POSCO received the "World's Most Competitive Steelmaker Award" for the fifth consecutive year from renowned steel market information provider World Steel Dynamics (WSD), the company said Tuesday.

No One Should Doubt Steel Remains Auto Material of Choice, Mittal Says

18 June 2014 - Steel has all the capability to remain the preferred material for the automotive industry, ArcelorMittal chairman and CEO Lakshmi Mittal said yesterday.

Steel Dynamics Provides Second Quarter 2014 Earnings Guidance and Announces Second Quarter Cash Dividend

18 June 2014 - Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter earnings guidance in the range of $0.28 to $0.32 per diluted share.

AMETEK Specialty Metal Products Names Two New Operations Directors

18 June 2014 - Michael Royer Named Operations Director for Hamilton Precision Metals; Frank Bologa Joins AMETEK as Operations Director for Reading Alloys

Essar Steel Algoma Inc. Announces Discussions with Noteholders

17 June 2014 - As part of Essar Steel Algoma Inc.'s ("Algoma") refinancing and recapitalization efforts, Algoma has entered into confidential discussions with investors representing approximately seventy per cent of the 9.875% US$385mn senior unsecured notes.

Mechel Reports Consolidation of Group's Shipping Within Mecheltrans OOO

17 June 2014 - Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports consolidating shipments of the Group's products within its subsidiary Mecheltrans.

AHMSA Sets New Monthly Shipment Record in May

17 June 2014 - Altos Hornos de Mexico recorded monthly shipments of finished steel totaling 351,398 tonnes in May.

Outokumpu's Stainless Steel Makes Saab 9-3 Fuel Tank Lighter and Safer

17 June 2014 - Outokumpu and Swedish fuel system company TechROi Fuel Systems (TFS) have developed a new stainless steel fuel tank, which is used in the new Saab 9-3.

ASB’s Newly Modernized Mesta Roll Grinder Delivers Superior Performance

16 June 2014 - ASB’s Newly Modernized Mesta Roll Grinder Delivers Superior Performance

Valin ArcelorMittal Automotive Steel Inaugurates Landmark Automotive Steel Plant in China

16 June 2014 - Valin ArcelorMittal Automotive Steel Co (VAMA) today officially opened its new advanced automotive steel plant in China, beginning a new era of automotive manufacturing in the country.

Janus Automation Signs Agreement to Represent Lap Laser in Latin America

16 June 2014 - Janus Automation is announcing its agreement to represent LAP Laser in Mexico and South America.

Timken Announces Record Date and Distribution Date for Spinoff of Steel Business

16 June 2014 - Timken Shareholders to Receive TimkenSteel Shares as a Pro-rata Dividend

Opening Day at ArcelorMittal Tube Plant in Ostrava Attracts Record-Breaking Number of Visitors

16 June 2014 - On Saturday June 7, to mark the 65th anniversary of its tube rolling mill, ArcelorMittal tubular products Ostrava invited employees as well as their families and friends to an open day event.

Gijón High-Strength Plate Creates Safe Connection Between Luxembourg and Germany

13 June 2014 - The use of high-strength steel met the architectural brief for a new bridge spanning the Moselle river, linking Grevenmacher in Luxembourg and Wellen in Germany.

AIST Recognized at Trade Show Executive's (TSE) Fastest 50 Awards & Summit

13 June 2014 - The Association for Iron & Steel Technology (AIST) was honored at the "TSE Fastest 50 Awards & Summit" on 20–22 May 2014 at the Hyatt Regency Chicago in Chicago, Ill., USA.

AISI Releases May SIMA Imports Data, Import Market Share 27 percent in May

12 June 2014 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of May total 3,950,000 net tons (NT)*.

Siemens Appoints Jürgen Maier as New CEO for the UK

12 June 2014 - Jürgen Maier has been appointed CEO of Siemens' Regional Company in the United Kingdom (UK), effective July 1, 2014.

Mitsubishi Heavy Industries Joins Siemens in Evaluating Potential Proposal for Alstom

12 June 2014 - Mitsubishi Heavy Industries (MHI) and Siemens AG today announced that they have joined forces in evaluating a potential proposal for certain assets of the French multinational conglomerate, Alstom in order to strengthen the future position of Alstom, MHI and Siemens.

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