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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.

Grupo Sarralle Will Install Complete Steel Mill for Siderùrgica Latino-Americana (Silat) in Brazil

30 June 2014 - Once in operation, the Greenfield project will allow for the production of 700,000 tpy of finished product (namely rebar, wire rod and mesh).

Mechel Announces Results of Its Annual General Shareholders' Meeting

30 June 2014 - Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that its Annual General Shareholders' Meeting was held today.

Siemens and Baosteel Cooperate in Slag Granulation Solutions

30 June 2014 - Siemens Metals Technologies and Baosteel Engineering & Technology Group Co. Ltd., a subsidiary of the Baosteel group, will be cooperating in future in the granulation of slag produced in BOF converters and electric arc furnaces.

German Automotive Industry Benefits From New Slitter For Advanced and Ultra High-Strength Steels

27 June 2014 - Europe’s second largest steel producer, Tata Steel, has further strengthened its commitment to the automotive industry with the unveiling of its new slitting line to process advanced and ultra high-strength steels.

Change at the Helm of LAP

27 June 2014 - Uwe Bernhard Wache has taken over the top management position at LAP GmbH Laser Applikationen, the company announced today.

Commercial Metals Company Announces Entrance Into Fourth Amended and Restated Credit Agreement

27 June 2014 - Commercial Metals Company (NYSE: CMC) today announced financial results for its third quarter ended May 31, 2014. Net earnings attributable to CMC for the third quarter were $23.6 million, or $0.20 per diluted share, on net sales of $1.8 billion.

General Steel Estimates Earnings per Share of $0.08 to $0.12 for the Second Half of 2014

27 June 2014 - General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, today announced that the Company is confident in its business turnaround and currently estimates earnings per share ("EPS") of $0.08 to $0.12 for the second half of 2014.

AMM Announces Winners of 5th Annual Awards for Steel Excellence

27 June 2014 - American Metal Market presented a total of 15 Steel Excellence Awards to 13 companies and one individual at a dinner held Tuesday, June 17 in New York celebrating best-in-class initiatives that introduced real and quantifiable change to the steel industry.

Butech Bliss Selected To Build Multi-Blanking Line For Liberty Steel

26 June 2014 - Liberty Steel, a northeast Ohio based company, has selected Butech Bliss to engineer, design, manufacture and install a state-of-the-art multi-blanking line at its North Jackson, Ohio facility.

Schnitzer Reports Third Quarter 2014 Financial Results

26 June 2014 - Schnitzer Steel Industries, Inc. (Nasdaq:SCHN) today reported adjusted earnings per share of $0.16 and earnings per share of $0.12 for its fiscal 2014 third quarter ended May 31, 2014.

Gerdau Steel Appoints New Managing Director

26 June 2014 - Gerdau Steel India Ltd has appointed Sridhar Krishnamoorthy as Managing Director with immediate effect.

Alstom Board Chooses GE Offer

26 June 2014 - GE was informed that the Alstom Board of Directors has unanimously decided to positively recommend GE’s offer to acquire the Power and Grid businesses of Alstom.

Kansas City Gets a New Tram System, Thanks to ArcelorMittal Steel

26 June 2014 - From high-speed train networks to customer product-showcases, ArcelorMittal’s rails have long had both a strong reputation and demand in Europe. Now they are increasingly being used in the US; most recently to strengthen the transport infrastructure of Kansas City in Missouri.

Annual Report on the Implementation of the EU Steel Action Plan

25 June 2014 - At today's High level expert group on the future of the European steel industry the annual report on progress in the implementation of the Steel Action Plan will be presented. The plan was devised in June 2013 to help the sector confront challenges and lay the foundations for future competitiveness by fostering innovation, creating growth and jobs.

Edax Launches New Banglaore Demonstration Facility

25 June 2014 - EDAX, Inc., a leader in X-ray microanalysis and electron diffraction instrumentation, has opened a new highly equipped demonstration laboratory within AMETEK’s Bangalore, India, sales, service and support center that significantly increases the availability of important materials characterization technologies to scientists and microscopists around the region and across India.

Essar Steel Minnesota LLC Announces Amendment to Consent Solicitation Relating to Senior Secured Notes due 2020

25 June 2014 - Essar Steel Minnesota LLC ("ESML") announced today that it is amending the terms of its previously announced solicitation of consents (the "Solicitation") from holders of its $450,000,000 aggregate principal amount outstanding of 11.500% Senior Secured Notes due 2020 (the "Notes") upon the terms and subject to the conditions set forth in Supplement No. 1 to the Notice of Consent Solicitation dated June 24, 2014 (the "Supplement").

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