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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.
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").
Friedrich Kocks Introduces Next Generation of Reducing & Sizing Blocks
25 June 2014 - The independent and family-owned company FRIEDRICH KOCKS GmbH & Co KG located in Hilden/Germany, is proud to announce the launching of the next generation of its well-established Reducing & Sizing Block (RSB).
TÜV Rheinland Opens New Metallurgical Testing Lab in Aliquippa, Pa.
25 June 2014 - TÜV Rheinland Industrial Solutions (TRIS), a full-service inspection, testing and certification company, expanded its metallurgical testing and engineering consulting services by opening a new laboratory in Aliquippa, Pa.
Latin America: Finished Steel Use Grows Only 1% While Production Remains Stable in Jan/Apr 2014
24 June 2014 - During the first 4 months of 2014, the steel market of Latin America and the Caribbean continued to reflect the weaknesses of the global and regional economies and the increasing incidence of imports.
SMS Siemag Is Expanding the Hot Strip Mill at Xichang Steel With a Slab Sizing Press
24 June 2014 - PIETC Panzhihua Co., Ltd. has awarded SMS Siemag, Germany, the contract for expanding the roughing mill in its hot strip mill in Xichang City, China, through the addition of a slab sizing press.
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
