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.
European Union Bans Key Iron and Steel Imports From Russia
14 March 2022 - The European Union announced last Friday that it will prohibit imports of “key goods in the iron and steel sector” from the Russian Federation, the latest in a series of severe economic sanctions placed on the country in response to its invasion of Ukraine.
ArcelorMittal Tubarão Becomes First Steel Mill in the Americas to Earn ResponsibleSteel Certification
10 March 2022 - The Brazilian mill has been recognized by global standards initiative ResponsibleSteel for its environmental, social and governance (ESG) performance, the steelmaker said.
Reports: JSPL Expects to See Demand Boost Created by War in Ukraine
10 March 2022 - India's Jindal Steel and Power Ltd. (JSPL) said it anticipates its exports to jump from 25% currently to 40% following the loss of steel production in Russia and Ukraine, according to The Economic Times.
Tenova and Salzgitter Shake Hands on 2.1-Million-Ton DRI Plant
08 March 2022 - Tenova has signed a memorandum of understanding with Germany’s Salzgitter AG to build a 2.1-million-metric-ton direct reduced iron (DRI) plant, the supplier announced today.
DeSHAZO Acquires Integrated Machinery Solutions
08 March 2022 - Integrated Machinery Solutions (IMS), located in Azle, Texas, USA, was acquired by DeSHAZO, according to a press release.
Advanced Gauging Technologies Receives First Order
08 March 2022 - Metals USA has placed an order with Advanced Gauging Technologies for their AGT Mult-Width™ Gauge.
Schnitzer Steel Launches Line of Net-Zero Carbon Products
08 March 2022 - The manufacturer of recycled metal products announced yesterday the launch of a line of net-zero carbon products from its Cascade Steel operation in McMinnville, Ore., USA
Air Products, SARGAS to Build Additional Air Separation Unit at Jindal Shadeed Iron & Steel
08 March 2022 - The unit will be the third installation at Jindal Shadeed Iron & Steel in Sohar, Oman, and will increase the company’s nitrogen and oxygen production by 50%, according to Air Products.
AZZ Buys Precoat Metals in US$1.28 Billion Deal
08 March 2022 - AZZ Inc. will acquire Sequa Corp.’s Precoat Metals division for approximately US$1.28 billion, the company announced yesterday.
Italian Steelmakers Partner on Coil Mill Joint Venture in Tunisia
07 March 2022 - Italy’s Marcegaglia Group has purchased a 50% joint venture stake in Sideralba S.p.A.’s galvanized coil subsidiary in Tunisia, according to Italian-language newswire agency ANSA.
Tenova to Build Largest Hydrogen DRI Plant in China for Baowu Group
03 March 2022 - Sinosteel Engineering & Technology Co. Ltd. has partnered with Tenova to build a 1-million-metric-ton direct reduced iron (DRI) plant for China’s Baosteel Zhanjiang Iron & Steel Co. Ltd., Tenova reports.
Reports: Steel Producers in Ukraine Halt Operations
03 March 2022 - In the wake of the Russian invasion of Ukraine, steel producers in Ukraine have slowed or halted production, according to several news sources.
ArcelorMittal Acquires Scottish Steel Recycler
03 March 2022 - ArcelorMittal announced it has acquired recycling business John Lawrie Metals Ltd., based in Aberdeen, Scotland.
Ryerson Acquires Sheet Metal Fabricator
02 March 2022 - Industrial metals processor and distributor Ryerson Holding Corp. announced today its acquisition of sheet metal fabricator Apogee Steel Fabrication Inc.
POSCO to Build a Digital Twin to Test Hydrogen Technologies
02 March 2022 - The South Korean steelmaker is planning to build a virtual steel mill in which it can test hydrogen reduction steelmaking technology, according to BusinessKorea.
SDI, Rio Tinto, Nippon Steel Trading Back Renewable Biocarbon Producer
02 March 2022 - Aymium announced yesterday that it has secured Series B funding to support capacity expansion and increased deployment of its environmental technologies, with Steel Dynamics Inc., Rio Tinto and Nippon Steel Trading on board.
AZZ Inc. Acquires DAAM Galvanizing Co. Ltd.
02 March 2022 - AZZ Inc. announced yesterday that it has entered into an agreement to acquire Edmonton, Alta., Canada-based DAAM Galvanizing Co. Ltd.
Hoa Phat Contracts Primetals Technologies for New Production Line
01 March 2022 - The Vietnamese steelmaker has awarded Primetals Technologies a contract for a new production line that will increase capacity at its steel plant in Dung Quat, Quang Ngai province, by 5.6 million tons per year, according to the equipment supplier.
U. S. Steel to Boost Pig Iron Production With US$60 Million Investment
28 February 2022 - United States Steel Corporation revealed this morning that it will spend US$60 million to scale up ironmaking capacity at its Gary Works facility in Indiana.
Tosyali Algerie Reported Record DRI Production in 2021, Contracts for Second DRI Plant
28 February 2022 - The company set a new world record in 2021 for annual direct reduced iron (DRI) production by a single-module plant, producing more than 2.28 million tons.
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