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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’s Wainscott Receives Vision Award

24 June 2014 - James L. Wainscott, chairman, president and chief executive officer of AK Steel Corp., received the 2014 Willy Korf/Ken Iverson Steel Vision Award during the Steel Success Strategies XXIX conference in New York this past week.

Purdue Today: Federal Grant to Support Purdue Calumet Center's Steel Consortium

24 June 2014 - Purdue Calumet's Center for Innovation through Visualization and Simulation (CIVS) last week received a $480,000 federal grant to launch a consortium that will benefit the steel industry.

TimkenSteel Management Team Discusses Business Strategy and Outlook at Investor Meeting

23 June 2014 - Members of the executive management team of TimkenSteel Corporation hosted an investor meeting on 19 June to share their vision and value-creation strategy for the company in advance of its planned spinoff from The Timken Company

Severstal North America wins national award

23 June 2014 - Severstal North America has been honored for its scrap purchase operations at the Columbus plant

Ferriola Hints at Second DRI Plant for Louisiana

23 June 2014 - A report by American Metal Market, sponsor of the New York Steel Success Strategies XXIX, organized by World Steel Dynamics, claims that American steelmaker Nucor Corporation is seriously considering a new Direct-Reduced Iron (DRI) plant in Louisiana, USA, as well as a new heat-treat line at its Tuscaloosa, Alabama, plate mill.

Essar Steel Algoma and USW Local 2724 Reach Tentative Agreement

23 June 2014 - Tentative agreement unanimously recommended by USW 2724 bargaining committee

NLMK Supplies OMK with 1 Million Metric Tons of Slabs for Large-Diameter Pipes

23 June 2014 - Since 2012, as part of a long-term contract, NLMK Group (LSE: NLMK), a major Russian steelmaker, has supplied OMK Group (Unified Metallurgical Company), a leader in the Russian large-diameter pipe market, with over 1 million tonnes of slabs for the production of large-diameter pipes.

AHMSA receives international quality certificate for CR mill No. 2

23 June 2014 - Mexican steelmaker Altos Hornos de México has received an international quality certificate for its cold rolling (CR) mill No. 2.

ArcelorMittal takes home “Best Innovation – Process” award at American Metal Market’s fifth annual Awards for Steel Excellence ArcelorMittal Wins “Best Innovation – Process” Award at AMM’s Fifth Annual Awards for Steel Excellence

20 June 2014 - ArcelorMittal proudly accepted the ‘Best Innovation – Process’ award at American Metal Market’s fifth annual Awards for Steel Excellence held June 17 at The Edison Ballroom at New York City.

SSAB Considers Expanding Iowa Facility

20 June 2014 - The potential expansion would increase melting and casting capabilities by up to 1.2 million tons above current melting capacity. This represents roughly an additional 800,000 tons per year of finished product along with 400,000 tons of melting capacity to be transferred as slab to SSAB’s Mobile facility for rolling and finishing.

AK Steel Provides Second Quarter 2014 Guidance

20 June 2014 - AK Steel provided guidance for its second quarter 2014 financial results. AK Steel said it expects to report a net loss of $0.19 to $0.23 per diluted share of common stock, which is a substantial improvement over its first quarter results.

Nucor Announces Guidance For Its Second Quarter Earnings

20 June 2014 - Nucor Corporation (NYSE: NUE) announced today guidance for its second quarter ending July 5, 2014. Nucor expects second quarter results to be in the range of $0.35 to $0.40 per diluted share.

AMM Article: DRI Output to Soar by 2020: Midrex

20 June 2014 - Midrex Technologies Inc. expects direct-reduced iron (DRI) output in the United States to surpass 10 million tons annually "sometime near the end of the decade," director of marketing Henry P. Gaines said.

Magnetation Celebrates Inaugural Shipment of Iron Ore Concentrate to Pellet Plant

20 June 2014 - Magnetation celebrated today the arrival of the first of six new unit trains being manufactured specifically to move iron ore concentrate to its pellet plant in Reynolds, Indiana.

MMFX Hires New Regional Sales Manager

19 June 2014 - MMFX® Steel Corporation of America has appointed Steve Spragale as the new regional sales manager for the Northeast region. Spragale will be responsible for the growth of acceptance, use and marketing of MMFX products throughout the Northeastern U.S. market.

CMC Closes Agreement for Purchase and Sale of Assets with Newell Recycling

19 June 2014 - Commercial Metals Company (NYSE: CMC) announced today that on June 13, 2014, Commercial Metals Company, through its wholly-owned subsidiary, Structural Metals, Inc. (collectively, "CMC"), completed the transaction for the purchase of substantially all of the assets of Newell Recycling of San Antonio, LP ("Newell Recycling") located at 726 Probandt Street San Antonio, Texas, pursuant to a definitive Agreement for the Purchase and Sale of Assets by and among CMC, Newell Recycling and John R. Newell.

Outokumpu Renews Operational Model and Leadership

19 June 2014 - Outokumpu announced today changes in its operational model and Leadership Team.

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.

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