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.
Gerdau To Cut 10% of Its Carbon Emissions by 2031, Go Carbon Neutral in 2050
02 February 2022 - Gerdau plans to reduce its Scope 1 and 2 emissions rate to less than 50% of the global industry average by 2031 and reach carbon neutrality by 2050, according to an official press release.
Nucor to Modernize Crawfordsville Mill With CGL, Pre-Paint Line
01 February 2022 - The steelmaker announced today that will add a construction-grade continuous galvanizing line and pre-paint line as part of a US$290 million investment in its Crawfordsville, Ind., USA, steel sheet mill.
Steel Dynamics Purchases Minority Interest in New Process Steel
01 February 2022 - Steel Dynamics Inc. (SDI) has acquired a 45% minority stake in metals processor and distributor New Process Steel, the steelmaker reported yesterday.
Tenaris, Saipem and SIAD Sign MoU for CO2 Capture Project
01 February 2022 - A Memorandum of Understanding (MoU) has been signed by Tenaris, Saipem and SIAD to start the design process of a carbon dioxide capture and utilization (CCU) plant.
Gerdau Cosigua Completes Factory Acceptance Tests
01 February 2022 - In a press release, AIC announced that factory acceptance tests were completed at the end of 2021 for the modernization of finishing block technology on Gerdau Cosigua’s Rod Mill #2 in Rio de Janeiro, Brazil.
Metinvest Launched More Than 50 New Products Last Year
01 February 2022 - The company’s metallurgical segment started production on 54 new types of products in 2021, Metinvest announced last week.
SSAB Plans SEK 45 Billion Investment to Accelerate Green Transformation
31 January 2022 - Last week SSAB laid out an aggressive new decarbonization strategy that, if implemented, would allow the steelmaker to eliminate most of its carbon emissions by 2030.
U. S. Steel Reports Q4 and 2021 Annual Earnings
28 January 2022 - United States Steel Corporation president and chief executive David B. Burritt said the organization is a “fundamentally different company from a year ago” as it reports record earnings in 2021.
GE to Upgrade Algoma Steel’s Power Generation Capabilities
28 January 2022 - As part of its transition to electric arc furnace steelmaking, Algoma Steel Group Inc. announced yesterday that it has awarded GE Gas Power a contract to upgrade its natural gas combined cycle power plant.
Record Earnings on the Books for Nucor
27 January 2022 - Nucor Corp. today announced higher-than-expected earnings for the quarter ending 31 December 2021.
U. S. Steel Partners With Carnegie Foundry to Accelerate Advanced Robotics
27 January 2022 - The two Pittsburgh, Pa., USA-based companies announced yesterday a strategic investment and partnership to accelerate and scale up industrial automation driven by advanced robotics and artificial intelligence, according to a press release from United States Steel Corporation.
ArcelorMittal’s Latest XCarb Investment Aims to Disrupt Hydrogen Electrolysis Technology
27 January 2022 - ArcelorMittal’s XCarb™ innovation fund has awarded US$5 million to H2Pro, a startup developing an energy-efficient and cost-effective alternative to water electrolysis for generating green hydrogen.
voestalpine Upgrades Facilities With Photovoltaic Systems
27 January 2022 - The company announced this week it is installing photovoltaic systems at its sites, capable of generating nearly 6 MWp, which is enough green energy to drive 10,000 electric vehicles around the world once a year.
New Premium Steel Plate Developed by Hyundai Steel
27 January 2022 - Hyundai Steel has developed a 1.5 GPa martensitic steel plate that will be used on electric vehicles.
AO Steel Works Balakovo Contracts Danieli for Long Products Mini-Mill
26 January 2022 - Danieli will supply an electric arc furnace-based mini-mill for the Russian steel producer in Balakovo, Saratov region, the supplier reports.
SDI Chalks Up Record Quarterly and Annual Earnings
25 January 2022 - The steelmaker announced record quarterly and annual earnings in its steel, steel fabrication and metals recycling segments in a press release yesterday.
Tenaris Boosts Production at Arkansas Mill
25 January 2022 - The company announced last week it is increasing manufacturing activity at its welded pipe mill in Hickman, Ark., USA.
Tata Steel to Demo New Blast Furnace Decarbonization Technology at Jamshedpur Works
25 January 2022 - Trials are underway for a first-of-its kind technology for blast furnace emissions reduction at Tata Steel’s steel mill in Jamshedpur, India, the company announced last week.
Primetals Technologies Tapped to Supply New JSW Meltshop
25 January 2022 - JSW Steel has ordered new supply equipment from Primetals Technologies to outfit its new meltshop No. 4 in Vijayanagar, Toranagallu, India.
Yukun Iron & Steel Taps Danieli for Strip Plant
24 January 2022 - China’s Yunnan Yuxi Yukun Iron & Steel Group has contracted Danieli for a new quality-strip plant at its plant in Yuxi city, Yunan province, Danieli announced last Friday.
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