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 Shareholder Backing Former Metals USA Leader for Vacant Cliffs CEO Position
12 February 2014 - Casablanca Capital LP, one of the largest shareholders of Cliffs Natural Resources Inc., with beneficial ownership of approximately 5.2%, announced that it is backing Lourenco Goncalves, former CEO of Metals USA, to fill the currently open position of chief executive officer of Cliffs.
SMS Siemag Modernizes Coiler at Wuhan Iron & Steel
12 February 2014 - Wuhan Iron & Steel (WISCO) has placed an order with SMS Siemag to modernize a coiler in its No. 2 hot strip mill.
Sale of Outokumpu's Terni and VDM Assets to ThyssenKrupp Approved
12 February 2014 - The European Commission has approved the divestiture of Outokumpu’s Terni remedy assets, related service centers and VDM business unit to ThyssenKrupp, which was announced on 30 November 2013.
AK Steel Coke Plant Recognized For Outstanding Safety Performance
12 February 2014 - AK Steel’s Middletown (Ohio) Works coke plant has received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute (ACCCI), a leading industry trade organization.
Timken Moving Forward with Spinoff of Steel Segment, TimkenSteel
12 February 2014 - The Timken Company announced that TimkenSteel Corporation, its newly formed subsidiary which will hold the company's steel business, has filed an initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC).
Severstal's Karelsky Okatysh Upgrades Iron Ore Pellets
12 February 2014 - OAO Karelsky Okatysh, a major production and iron ore processing plant in Russia and part of OAO Severstal, has launched production of new iron ore pellets with a higher iron ore content.
Mechel Successfully Tests New Coal Export Terminal
12 February 2014 - Mechel OAO reported successful tests of a new coal export terminal at Primorye Region's Port Posiet in Russia.
IREPAS Provides Short Range Outlook for Long Products Markets
11 February 2014 - In its short range outlook for February 2014, IREPAS says difficulties in emerging markets are adversely impacting long steel business.
voestalpine Reports Solid Financial Results in Challenging Economy
11 February 2014 - The voestalpine Group reported its results for the nine months ended 31 December 2013 and also provided an update on its DRI project in Texas.
Alloy Steel International Announces Leadership Change
11 February 2014 - Alloy Steel International announced the resignation of its director and CFO.
Steel Shipments Up Slightly in December 2013
11 February 2014 - The American Iron and Steel Institute (AISI) reported that for the month of December 2013, U.S. steel mills shipped 7,632,629 tons, a 0.4% increase from the 7,604,428 tons shipped in the previous month, November 2013.
JSW Plans Revamp of Dolvi Blast Furnace
11 February 2014 - Nippon Steel & Sumikin Engineering Co., Ltd. (NSENGI)’s Plant and Machinery Division and Marubeni Corp. were awarded a contract by JSW Steel Limited, for the revamp of a blast furnace at its Dolvi Works in India.
EVRAZ Stratcor's New Facility Begins Processing Roasted Slag
11 February 2014 - Vanadium-bearing roasted steelmaking slag is starting to be processed at EVRAZ Stratcor’s Hot Springs, Ark., operations following completion of a US$7 million expansion at the plant.
Severstal Announces 2014 Capital Investment Program
10 February 2014 - OAO Severstal announced details of its 2014 investment program to support its development strategy and long-term competitiveness.
Air Liquide Signs Major Contract with ThyssenKrupp Steel Europe
10 February 2014 - Air Liquide is further strengthening its position in Germany by signing a major long-term supply contract with ThyssenKrupp Steel Europe AG in the Rhine-Ruhr area, one of the largest and leading industrial basins in Europe.
ArcelorMittal Sees Recovery in Underlying Steel Demand, Mild Restocking in Europe
10 February 2014 - ArcelorMittal announced results for its Flat Carbon Europe segment for the fourth quarter of 2013.
Hyundai Motor to Invest US$466 Million for Steel Mill Safety
10 February 2014 - Hyundai Motor Group chairman Chung Mong-koo has ordered 500 billion won (US$465.68 million) to be invested at the conglomerate's steel mill to bolster safety after a string of deaths and injuries, Yonhap News Agency reports.
ATI Acquires Dynamic Flowform
10 February 2014 - Allegheny Technologies Inc. has acquired Dynamic Flowform Corp.
NLMK Group Enters New Growth Phase with Launch of “Strategy 2017”
10 February 2014 - NLMK Group, the largest steel producer in Russia and an international steel company, announced the launch of its “Strategy 2017.”
Plibrico Refractory Materials Sales Expand to Middle East
07 February 2014 - Plibrico Co. LLC announced the appointment of Arab Business Interrelated Group (Arabbitc) as the preferred exclusive agent for Plibrico material sales in the Kingdom of Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Bahrain and Oman.
