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.
Essar Steel Algoma Secures US$25 Million Loan Agreement
09 December 2013 - Further to the 6 May 2013 amendment to its credit agreement, Essar Steel Algoma Inc. closed on a US$25 million secured loan with an institutional investor.
Outokumpu Completes Ramp-Down of Krefeld Melt Shop
06 December 2013 - Outokumpu announced that the Krefeld melt shop in Germany has been ramped-down according to an earlier announced plan.
DiMicco Receives Citizen of the Carolinas Award
06 December 2013 - The Charlotte Chamber of Commerce presented Nucor executive chairman Dan DiMicco with its prestigious Citizen of the Carolinas Award at its annual meeting on 3 December 2013.
Cliffs Announces Executive Promotion
06 December 2013 - Cliffs Natural Resources Inc. announced that P. Kelly Tompkins, currently executive vice president, chief administrative officer and president of Cliffs China, has been appointed executive vice president, external affairs and president, global commercial.
Ruukki to Supply Metal-Coated High-Strength Steel for Thermosolar Plant in Morocco
06 December 2013 - Ruukki has signed a contract to deliver 9,000 tonnes of metal-coated, high-strength steel to the Spanish company CIE EGAÑA.
Tenaris Purchases Remaining Interest in Brazilian Joint Venture
06 December 2013 - Tenaris announced on 4 December 2013 an agreement to purchase, subject to regulatory approval, the remaining 50% interest in Socotherm Brasil from Socotherm Americas, a division of ShawCor.
Ural Steel Increases Sinter Production Capacity
06 December 2013 - Ural Steel — a part of Metalloinvest — has completed an upgrade to its No. 4 sintering plant.
Tenaris Orders Seamless Tube Plant from SMS Meer for New Texas Plant
05 December 2013 - Tenaris has awarded SMS Meer with the supply of a PQF® plant for the Bay City site in Texas, U.S.A.
ArcelorMittal USA Recognized by U.S. Energy Department, Commits to Further Cut Energy Use
05 December 2013 - ArcelorMittal was recently recognized by the U.S. energy department for its leadership in the Better Buildings, Better Plants Program, which supports the Obama administration’s target to increase energy productivity in the U.S. by 2030.
AISI: U.S. Import Market Share at 22% in November
05 December 2013 - Based on the U.S. Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of November total 2,541,000 tons*.
USW Issues Statement on ThyssenKrupp Steel USA Acquisition
05 December 2013 - The United Steelworkers (USW) issued the following statement regarding the acquisition of ThyssenKrupp Steel USA by a joint venture of ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation.
Broner Collaborates with Jsoft to Create Strong Partnership for the Indian Steel and Aluminum Market
05 December 2013 - Broner Metals Solutions announced with Jsoft Solutions Ltd the signing of a memorandum of understanding to deliver a comprehensive product portfolio of advanced planning and scheduling and MES solutions to the Indian steel and aluminum market.
Heraeus Presents Innovation Awards 2013
05 December 2013 - Heraeus presented its 11th annual Innovation Awards for the best product and process innovations at a festive ceremony in Hanau, Germany, in late November.
Outotec Completes Employee Cooperation Negotiations in Finland
05 December 2013 - The employee cooperation negotiations concerning Outotec's operations in Finland have been completed.
New Finishing Line Increases Capacity for High-Alloyed Tubes and Bar at Sandvik
04 December 2013 - The culmination of a two-year investment program at Sandvik Materials Technology saw the opening of a new, state-of-the-art finishing line in Sandviken, Sweden, significantly increasing the plant’s capacity for high-alloyed tubes and bar.
SMDI: Lightweight Steel Twist Beam Achieves 30% Mass Reduction
04 December 2013 - Furthering its mission to help automakers meet stringent fuel economy requirements, the Steel Market Development Institute's (SMDI) Automotive Applications Council unveiled the results of its lightweight steel twist beam study today.
Don B. Daily Memorial Fund Selects 2013–2014 Recipients
04 December 2013 - The Association for Iron & Steel Technology (AIST) Foundation and the Steel Manufacturers Association (SMA) are proud to announce the 2013–2014 recipients of the Don B. Daily Memorial Fund to Promote Steel Industry Safety and Health.
POSCO E&C Wins US$600 Million Rolling Mill Plant Project in Brazil
04 December 2013 - POSCO E&C has won a steel plant project worth US$ 600 million (approximately 630 billion won) from Brazilian CSS.
Štore Steel Orders Billet Caster from SMS Concast
04 December 2013 - Štore Steel from Štore, Slovenia, has ordered a new two-strand continuous caster for billets from SMS Concast of Switzerland.
U. S. Steel Board Elects David S. Sutherland as Non-Executive Chairman
04 December 2013 - United States Steel Corporation announced that its Board of Directors elected David S. Sutherland to the position of independent, non-executive chairman effective 1 January 2014.
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