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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.
ArcelorMittal Europe, Distributor Partner on CO2 Reduction Effort
12 January 2023 - ArcelorMittal Europe’s flat products group and a major customer have agreed to work more closely on reducing carbon dioxide emissions and enhancing their sustainability efforts within the automotive market.
CMC Sees Spring Start for Arizona Micro-Mill
12 January 2023 - Long products maker Commercial Metals Company (CMC) is building out crews and training them as it begins commissioning equipment at its new Arizona micro-mill, the company’s chief executive said Monday.
Lower Prices, Shipments Likely to Dent Algoma Q3 Earnings
11 January 2023 - Canada’s Algoma Steel Inc. said Tuesday it expects to report a fiscal Q3 adjusted loss before interest, taxes, depreciation and amortization of between CA$35 million and CA$45 million due to lower plate shipments, softer steel prices and routine, seasonal maintenance work.
Stelco, Canadian College to Develop BF Monitoring System
11 January 2023 - Stelco Inc. is partnering with a Canadian college to build a prototype vision and communication system that will be installed in the company’s Lake Erie Works’ blast furnace.
SSAB Partners With Service Center on Green Steel Distribution
11 January 2023 - Swedish service center operator Stena Stål has signed a letter of intent with SSAB to distribute the steelmaker’s fossil-fuel-free steel, becoming the first external supplier of the product.
Primetals Technologies Sees Third of Seven Offgas Cleaning Plants Placed Into Service
10 January 2023 - Primetals Technologies has started up the third offgas cleaning plant at the Acciaierie D’Italia mill in Taranto, Italy, the plant builder reports.
Danieli Cheers Nucor Corp. Plate Mill Start
10 January 2023 - Along with Nucor Corp, Danieli is celebrating the rolling of the first plate at the steelmaker’s new US$1.7 billion Kentucky plate mill and calling attention to the role its equipment will play there.
Healthy Demand Pushes Up CMC’s Q1 Profits
09 January 2023 - Long products maker Commercial Metals Company (CMC) saw its fiscal first quarter profits rise 12% due in part to strength in North American demand, the company said on Monday.
SMS group Keeps the Big Wheel Turning at German Mill
09 January 2023 - SMS group recently wrapped up replacement of a 90-ton wheel set at a European rolling plant, turning around a project that could have taken more than a year in five months, the company reports.
H2 Green Steel Partners With Industrial Solutions Firm
09 January 2023 - Steelmaking startup H2 Green Steel has signed a letter of intent to collaborate with Swedish industrial solutions provider Mobilaris, the company said on Monday.
POSCO, Fortescue Eye Green Industrial Projects in Australia
09 January 2023 - The Western Australia state government has allocated industrial land to seven projects valued at more than AU$70 billion, including two being developed by POSCO and Fortescue, reports The Sydney Morning Herald.
U. S. Steel Announces Two Executive Appointments
05 January 2023 - United States Steel Corporation has added two new executives to the C-suite, naming Christian Gianni as senior vice president and chief technology officer and John Gordon as senior vice president, raw materials and sustainable resources.
United Steelworkers Approve Four-Year Labor Contracts with U. S. Steel
05 January 2023 - The United Steelworkers (USW) union has ratified four-year labor agreements covering approximately 11,000 workers at United States Steel Corporation.
Nucor Plate Mill Reaches Start-Up Milestone: Its First Plate
03 January 2023 - Nucor Corp.’s new US$1.7 billion plate mill has rolled its first plate and is undergoing final commissioning, the company announced Tuesday morning.
Proposed Finnish Steel Mill Finds a Home
03 January 2023 - Norwegian steel startup Blastr Green Steel has signed a letter of intent with Finnish state-owned energy company Fortum oyj for an industrial site in the western part of the country.
Outokumpu Finalizes Sale of Long Products Unit
03 January 2023 - Outokumpu has completed the sale of its stainless long products business to Marcegaglia after competition regulators approved the deal.
Olympic Steel Expands Through US$131 Million Acquisition
03 January 2023 - Olympic Steel Inc. has acquired steel venting and filtration products fabricator Metal-Fab Inc. for US$131 million, the company has announced.
Nucor Announces New Continuous Galvanizing Line for California Steel Industries
20 December 2022 - The 400,000-tons-per-year line to be constructed in Fontana, Calif., USA, will bring California Steel Industries’ (CSI) total hot-dip capacity to 1.2 million tons per year.
Danieli Tapped for Tata Steel SBQ Project
19 December 2022 - Tata Steel Group has selected Danieli to provide a 500,000-tons-per-year special bar quality (SBQ) bar and wire rod mill in Jamshedpur, India, the equipment supplier announced last week.
Steel Dynamics Expects Q4 Earnings to Decline
16 December 2022 - Steel Dynamics Inc. (SDI) is forecasting its fourth-quarter earnings to fall roughly 39% over the prior year due in part to tightening metal spreads, especially at its flat-rolled operations.
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