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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.
POSCO Unveils Revenue, Capacity Growth Target
13 July 2023 - POSCO will move to increase its global capacity to 52 million metric tons and plans to add non-oriented electrical steel capacity in Korea and North America, The Korea Times reports.
Fives to Equip Texas OCTG Mill
12 July 2023 - South Korea’s Husteel has contracted equipment manufacturer Fives to outfit a US$122 million oil country tubular goods manufacturing facility being built in Texas.
A Stainless Steel With Improved Resistance to Hydrogen Embrittlement Hits the Market
12 July 2023 - Nippon Steel has begun shipping a new stainless steel that’s better able to resist embrittlement from contact with liquefied hydrogen, reports Nikkei Asia.
JFE Steel: Aluminum Gigacasting Is ‘A Big Problem’
12 July 2023 - A JFE Steel Corp. executive says a Tesla-pioneered technology could impact demand for its automotive steel, reports the Reuters news service.
Retirement Prompts Leadership Change at CMC
11 July 2023 - Commercial Metals Company (CMC) president Peter Matt will succeed chief executive officer Barbara R. Smith, who has announced that she’ll step down in September.
Blastr Green Steel Eyes U.K. Port for DR Pellet Plant
10 July 2023 - Startup Blastr Green Steel is considering a U.K. bulk terminal as the home of its planned 6-million-metric-ton direct reduction pellet plant.
Steelmaker Nears Completion of New Hydrogen-Focused Lab
10 July 2023 - Hyundai Steel Co. is preparing to open a new lab focused on hydrogen steelmaking later this year, reports The Korea Economic Daily.
New Commercial Metals Mill Enters Start-Up Phase
06 July 2023 - Commercial Metals Company (CMC) has started up its new Arizona micro-mill, which has produced its first rebar bundle.
KOCKS Bags Order From Chinese SBQ Mill
06 July 2023 - Sizing mill specialist The KOCKS Group has received an order for a reducing and sizing block that is to be installed in a new special bar quality (SBQ) mill.
Acquisition Expands Leeco Steel Processing Capabilities
06 July 2023 - Steel plate distributor Leeco Steel has acquired a Texas processor that specializes in plasma and oxy-fuel cutting and machining.
H2 Green Steel Secures EUR1.5 Billion Supply Agreement
06 July 2023 - European steel startup H2 Green Steel has signed a binding, seven-year agreement with automotive components and systems maker ZF.
Primetals Technologies, ABF to Collaborate on Metals Inventory Management Solutions
05 July 2023 - Primetals Technologies has struck a partnership with German storage logistics specialist ABF GmbH to jointly develop and market inventory management solutions for the metals industry.
Tata Steel Lays Plan for Indian EAF Mill
05 July 2023 - Tata Steel is looking to establish a scrap-based long products mill in India as part of a longer-range plan to build domestic capacity in the country, according to reports.
Industry Icon Thomas C. Graham Passes
05 July 2023 - Thomas C. Graham, a respected steel industry executive who led turnarounds of several U.S. producers, including what was then the USX steel division, died Monday at the age of 96.
ArcelorMittal Signs Sustainability MoU With Automotive Supplier Snop
28 June 2023 - The steelmaker and the automotive supplier signed a memorandum of understanding (MoU) today to strengthen the companies’ cooperation on environmental sustainability.
AM/NS India Selects ABB for Electrification of Advanced Cold Rolling Mill
28 June 2023 - ABB announced today it has been tapped to provide the electrification and automation systems for ArcelorMittal Nippon Steel India’s (AM/NS India) advanced steel cold rolling mill in Hazira, GJ, India.
SMS group Tapped to Upgrade Spanish ERW Line
28 June 2023 - The equipment supplier has been contracted to modernize the forming section for Tuflesa electric resistance welding (ERW) line in Spain, SMS group has announced.
McDonald Steel to Permanently Close
28 June 2023 - Opened in 1918 by the Carnegie Steel Co., the special shapes mill in McDonald, Ohio, USA, will close permanently by year’s end.
Green Steel Is in Demand. So Are the Workers to Make It.
27 June 2023 - Should there be any question, steel users, especially those producing higher-end products, do, in fact, want green steel, Nucor Corp. chair and chief executive officer Leon Topalian said on Tuesday.
Ternium CEO: Mexico Is Not “Transshipment Capital”
27 June 2023 - Transshipments to the United States via Mexico are a problem, but not an exceptionally acute problem and one that is shared among the three USMCA countries, Ternium chief executive Maximo Vedoya said Tuesday.
