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.
Cliffs Natural Resources Announces Executive Changes
30 January 2014 - Cliffs Natural Resources’ president and chief operating officer Gary B. Halverson made the following executive organizational announcements:
Carpenter Technology Reports Strong Quarter, Sees Positive Signs of Growth
30 January 2014 - Carpenter Technology Corporation announced financial results for the quarter ended 31 December 2013.
Timken Predicts Its Steel Sales to Increase 12–17% This Year
30 January 2014 - As it reported its 2013 earnings results, The Timken Company said the spinoff of its steel business into a separate company should be complete by the middle of 2014.
Siempelkamp Recovers Stored Energy with Pipe Forming Presses
29 January 2014 - At TUBE 2014 Siempelkamp introduced pipe forming presses with an innovative energy-efficient drive system.
AIIS: U.S. Steel Imports Decline Again in December; "Disappointing" 2013
29 January 2014 - U.S. steel imports declined 3.5% in December 2013 compared to the previous month, based on preliminary government reporting analyzed by the American Institute for International Steel (AIIS).
POSCO Chooses New CEO
29 January 2014 - POSCO president Kwon Oh-joon has been selected as the company’s next CEO, following Joon-Yang Chung’s resignation.
ATI Names Chief Commercial and Marketing Officer
29 January 2014 - Allegheny Technologies Inc. announced that Kevin B. Kramer has been named senior vice president, chief commercial and marketing officer, effective 3 February 2014.
POSCO Completes Construction of Second Continuous Galvanizing Line in Mexico
28 January 2014 - On 28 January 2014, POSCO completed construction of a second continuous galvanizing line (2CGL) with an annual capacity of 500,000 tons, in Altamira, Tamaulipas state, Mexico.
Nucor Reports Improvements in Sheet as Longs Segment Performance Decreases
28 January 2014 - Nucor Corporation announced consolidated net earnings of US$488.0 million for the full year 2013, compared with consolidated net earnings of US$504.6 million for the full year 2012.
U. S. Steel Reports Results, Continues "Multi-Year Journey" to Profitability
28 January 2014 - United States Steel Corporation reported a fourth quarter 2013 net loss of US$122 million compared to a third quarter 2013 net loss of US$1,791 million and fourth quarter 2012 net loss of US$50 million.
SDI Optimistic for 2014 as It Reports 2013 Results
28 January 2014 - Steel Dynamics, Inc. announced fourth quarter net income of US$55 million on net sales of US$1.9 billion.
Ron O'Malley Named F. Kenneth Iverson Chair of Steelmaking Technologies at Missouri S&T
28 January 2014 - Dr. Ronald J. O’Malley, the former chief metallurgist at Nucor Steel Decatur in Trinity, Ala., has joined Missouri University of Science and Technology as the new F. Kenneth Iverson Endowed Chair of Steelmaking Technologies.
AK Steel Says It Continues to Make Progress, "Add Value"
28 January 2014 - AK Steel reported net income of US$35.2 million for the fourth quarter of 2013, compared to a net loss of US$230.4 million for the fourth quarter of 2012.
ArcelorMittal Algeria Rebar Used in Constantine’s Wonder Bridge
28 January 2014 - More than 18,000 tonnes of rebar produced by ArcelorMittal Annaba, Algeria, are being used to build the foundations of the 1.2km Trans-Rhumel viaduct in Constantine, north-east Algeria.
Gatto Industrial Plates Names New Transportation Manager
28 January 2014 - Gatto Industrial Platers, Inc., a leading high-production metal finishing company specializing in zinc plating, zinc-nickel plating and aluminum chromate, has hired Darron Kirkman to be the company’s transportation manager.
SMA Names New Leadership on Board of Directors
27 January 2014 - The Steel Manufacturers Association (SMA) Board of Directors announced that Richard Teets, Jr., executive vice president for steelmaking and president and COO of steel operations for Steel Dynamics, Inc., has been named chairman of the SMA Board of Directors for 2014–2015.
TISCO selects Broner for Steel Plant Scheduling Extension Project
27 January 2014 - Taiyuan Iron and Steel Ltd (TISCO) has selected Broner Metals Solutions to roll out real-time caster and steel plant scheduling solutions to cover new equipment in its steelmaking plants No. 1 and No. 2 located in TaiYuan city, ShanXi province, China.
China Gerui Comments on China's Steel Industry Restructuring Policy
27 January 2014 - China Gerui Advanced Materials Group Limited, a high precision, cold-rolled steel producer in China, recently commented on the Chinese Government's recent accelerated initiatives to restructure its steel industry.
Insteel Reports Fire at Gallatin, Tenn., Manufacturing Facility
27 January 2014 - Insteel Industries, Inc. announced that a fire occurred at its Gallatin, Tenn., prestressed concrete strand (PC strand) manufacturing facility on 21 January 2014.
Outotec Ranked Third in Global List of 100 Most Sustainable Companies
27 January 2014 - Outotec was recently ranked 3rd on the Global 100 list of the world's most sustainable companies.
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