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.
U. S. Steel to Sell Two BFs, Hints at DRI Plant Under New Raw Materials Plan
28 June 2022 - United States Steel Corporation is expanding its raw materials capabilities, unveiling an upgrade to one of its Minnesota iron ore mines on Tuesday and saying that a direct reduction plant could be in its future. In addition, the company revealed a potential agreement to repurpose its Granite City, Ill., USA, blast furnaces.
JSW Steel Orders Grinding, Inspection Facility
27 June 2022 - Danieli has bagged an order from JSW Steel for a new slab grinding and inspection facility, which will be installed at the steelmaker’s Dolvi plant in Maharashtra, India.
Steelworkers Local Casting Ballots on Strike Authorization
27 June 2022 - Contract negotiations between Stelco and United Steelworkers at the company’s Nanticoke, Ont., plant in Canada have stalled, with union workers voting Monday on whether to authorize a strike, should negotiators deem one necessary.
Nucor Finalizes US$3 Billion Acquisition
24 June 2022 - Nucor Corp. has closed on its US$3 billion acquisition of C.H.I. Overhead Doors, completing a sale that expands its downstream steel products business.
Algoma Profit Share Sets New Record
24 June 2022 - Algoma Steel’s employee profit sharing program has set a new company record for the highest amount awarded to employees.
Allegheny Technologies Picks a New Name and a New Home
23 June 2022 - Specialty metals producer Allegheny Technologies Inc. is changing its name and moving its headquarters from Pittsburgh, Pa., to Dallas, Texas, reports the Pittsburgh Business Times.
AIST Life Member Picked to Lead AISI Automotive Program
23 June 2022 - The American Iron and Steel Institute has named quality assurance expert and AIST Life Member Christopher Kristock to head its automotive program, the trade group has announced.
SMS group Incoming Orders Reach 10-Year High
23 June 2022 - Mill equipment manufacturer SMS group said its order intake rose to its highest level in a decade, reaching EU3.5 billion in fiscal 2021.
CMC Upgrades Electrical Supply to Ladle Furnace
22 June 2022 - Commercial Metals Company has replaced the ladle furnace transformer at its Mesa, Ariz., USA, micro-mill, swapping it out for a Danieli-built digital power feeder.
ArcelorMittal Signs Collaboration Agreement for Wind Farms, Electrolysis Plants
22 June 2022 - ArcelorMittal and German energy company RWE will work together on building and operating offshore wind farms and hydrogen electrolysis plants, the companies have announced.
U. S. Steel to Participate in Carbon Capture Project
22 June 2022 - The University of Illinois Urbana-Champaign has received a US$3.5 million federal grant that will support an engineering study on a system to capture carbon dioxide in the air and store it in concrete.
SSAB Finds Its First U.S. Taker for Fossil-Free Steel
21 June 2022 - U.S.-based automotive body structures supplier Shape Corp. will trial SSAB’s fossil-fuel-free steel in certain parts, the steelmaker has announced.
McKinsey: European Steelmakers Might Have to Re-Examine DRI Investments
21 June 2022 - European steelmakers who have natural-gas-fired direct reduction plants in their decarbonization plans might have to rethink those investments due to the Russia-Ukraine war, according to a new report.
Primetals Technologies Lands Order for Converter Relining Machine
21 June 2022 - Brazil’s Companhia Siderúrgica do Pecém (CSP) has ordered a relining machine from Primetals Technologies for its Pecém mill, the equipment supplier reports.
Canadian Steelmaker Starts Transformational EAF Conversion
20 June 2022 - Integrated steelmaker Algoma said work on its CA$700 million electric arc furnace conversion is underway and so far proceeding according to plan.
Commercial Metals Company Forecasts Healthy Steel Demand
20 June 2022 - Fears of a recession to the contrary, Commercial Metals Company (CMC) executives said demand for rebar and other construction steels appears healthy.
Steelworkers Union Heading to the Bargaining Table With U. S. Steel, Cleveland-Cliffs
17 June 2022 - United States Steel Corporation and Cleveland-Cliffs Inc. are gearing up for contract negotiations with the United Steelworkers union as multiple contracts are nearing their expiration dates, reports Argus Media.
U. S. Steel Expects Strong Q2
17 June 2022 - United States Steel Corporation expects to report second-quarter EBITDA of approximately US$1.6 billion, a new second-quarter record, the company said Thursday.
Steel Dynamics Expects a Record Q2
16 June 2022 - Steel Dynamics Inc. said it expects to report another record quarter later this summer, driven in part by strong steel demand and profitability at its steel mills.
Optimus Steel Taps Danieli for Roughing Mill, Reheat Furnace
16 June 2022 - Rebar maker Optimus Steel has contracted Danieli for improvements to its Beaumont, Texas, USA, mill.
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