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.
voestalpine Expanding in China with New Plant in Special Steel Segment
05 November 2014 - voestalpine is again driving forward its activities in the promising Asian market. The Special Steel Division, the Group’s special steel sector, has signed a Letter of Intent to cooperate with Chinese foundry Kocel Machinery Co.
Outotec Begins Employee Cooperation Negotiations in Finland
05 November 2014 - As part of Outotec's global profitability improvement program targeting € 45 million savings in annual operating costs (announced on 30 October 2014), the company is analyzing the resourcing needs and restructuring opportunities in its operations in Finland.
AK Steel's Third Quarter Performance Exceeded Expectations
04 November 2014 - As it reported its third quarter results, AK Steel commented on its recent acquisition of Severstal Dearborn, as well as the expected impact of a fourth quarter blast furnace outage.
Northwest Pipe Sees Pressure from Line Pipe Imports
04 November 2014 - Northwest Pipe Co. announced its financial results for the quarter ended 30 September 2014.
SMA Names Gleason Manager of Member Services
04 November 2014 - The Steel Manufacturers Association (SMA) has promoted Kelsey E. Gleason to the position of manager, member services.
Tata Steel Delivers on UK’s Longest New Domestic Railway in More Than a Century
04 November 2014 - Tata Steel has begun delivery of rail which will carry thousands of passengers every day on the longest, completely-new rail line to be built in the UK in more than 100 years.
Outotec Achieved Targeted €50 Million Savings, Closes Program
04 November 2014 - Outotec introduced an efficiency improvement program on 17 October 2013 targeting up to € 50 million annualized savings in operating costs by the end of 2014 compared to the Q3/2013 situation.
MLP Steel Installs New Rolling Mill for Shapes and Profiles
03 November 2014 - MLP Steel LLC has installed a state-of-the-art rolling mill at its facility in Scottsdale, Pa., to add to the company’s capabilities of rolling special shapes and profiles.
ESTROP EBT Cleaning Manipulator from MORE Successfully Installed at TenarisTamsa
03 November 2014 - In September 2014, an ESTROP manipulator from Italy’s MORE srl was installed on TenarisTamsa’s 170-t EAF with the aim to increase the operators’ safety by avoiding the manual operation of the EBT tap hole cleaning.
Siemens to Modernize Pickling Line for ArcelorMittal Asturias in Spain
03 November 2014 - Spanish steel producer ArcelorMittal Asturias has awarded Siemens Metals Technologies an order to completely modernize the pickling line at its Avilés plant.
U. S. Steel Elects Two New Members to Board of Directors
03 November 2014 - United States Steel Corporation announced that Patricia Diaz Dennis and Robert J. Stevens have been elected to the company's board of directors effective 1 January 2015 to serve as directors until the next Annual Meeting of Stockholders, which is expected to be held on 28 April 2015.
SteelBenchmarker: HRB Price Fall Arrested
03 November 2014 - In its 206th report, the SteelBenchmarker™ released 9 steel products and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 27 October 2014:
Oerlikon Leybold to Deliver Record-Sized Vacuum System for Siemens VAI for AHMSA Degassing Plant
31 October 2014 - Siemens Metals Technologies has ordered another mechanical vacuum system from Oerlikon Leybold Vacuum which will be used by end customer AHMSA in Mexico.
voestalpine Names New Head of Corporate Communications
31 October 2014 - From 1 January 2015, press spokesman Peter Felsbach will take over as head of corporate communications at the voestalpine Group.
Universal Stainless Has Positive Outlook for Its End Markets
31 October 2014 - Universal Stainless & Alloy Products Inc. provided a short term outlook as it posted solid third quarter results.
CMC Reports Quarterly Earnings, Sees Continued Market Growth
31 October 2014 - As it reported its earnings for the quarter ended 31 August 2014, Commercial Metals Co. said that, while macroeconomic and geopolitical concerns remain, all indications suggest continued market growth in fiscal 2015.
APEM Introduces FR Series Hall Effect Thumb Control
31 October 2014 - APEM Inc., a manufacturer of joysticks, trackballs and pushbutton switches, has introduced the new FR Series, a single axis three position Hall effect thumb control designed for material handling and construction applications requiring a reliable device for “change direction” and “gear switching” functions.
Sandvik Materials Technology to Divest Power Spring Business in U.S. and Mexico
31 October 2014 - Sandvik Materials Technology is divesting its power spring business in Scranton, U.S., and Nogales, Mexico, to Lesjöfors AB, a subsidiary of Beijer Alma.
GE Technology Increases Energy Efficiency for ArcelorMittal Bremen
30 October 2014 - In an effort to increase competitiveness, ArcelorMittal has chosen GE’s Power Conversion business to replace their existing DC drives control system with GE’s water-cooled Powersemi PW100 in an important upgrade of their Bremen hot rolling mill.
ArcelorMittal Moves to Ensure Continued North American Industry Leadership
30 October 2014 - ArcelorMittal has announced important organizational moves to enhance performance in North America, where operations represent one quarter of the company’s steel shipments and profits.
