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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.

Senators Urge Action on Mexican Steel Imports

15 December 2023 - A group of U.S. senators have expressed alarm over surging steel imports from Mexico and are asking the Biden administration to either implement a previously agreed-upon export monitoring arrangement or take aggressive steps to counter shipments into the country.

U. S. Steel Reports Fourth Quarter Guidance, Mum on Sales Process

15 December 2023 - U. S. Steel expects to report fourth quarter adjusted net earnings of between 20 cents to 25 cents per diluted share, the company has announced.

U. S. Steel Readies DR-Grade Pellet Plant for Production

15 December 2023 - United States Steel Corporation is expecting to produce the first batches of low-silica iron ore pellets at the first of the year, following a US$150 million upgrade at its Keetac facility in Minnesota.

Nucor Expects Q4 Profitability to Drop

15 December 2023 - Nucor Corp. said fourth-quarter earnings are likely to decline around 43% from the same period last year on lower pricing and volumes.

SDI Forecasts Lower Q4 Earnings

15 December 2023 - Steel Dynamics Inc. expects its fourth-quarter earnings to fall around 27% from last year on lower realized flat-rolled prices.

Report: Germany to Back SHS Decarbonization Effort

13 December 2023 - The German government intends to provide EUR2.6 billion in funding for Staar-Holding Saar’s (SHS) planned decarbonization project, according to Kallanish.

KOCKS and LAP Announce Strategic Alliance

13 December 2023 - KOCKS Measure + Inspect GmbH & Co. KG and LAP Measurement Technology have agreed to collaborate on development and marketing of a laser-based measuring system, the companies have announced.

New Bar Processing Plant Is Up and Running, Gerdau Says

13 December 2023 - Gerdau has commissioned a new long steel heat treat facility in Midlothian, Texas, USA, the company has announced.

Ontario Mill Switches on New Electric Arc Furnace

12 December 2023 - Brazilian long products maker Gerdau is commissioning an upgraded meltshop at its Whitby, Ont., Canada, facility, according to project contractor Danieli.

Report: China Steel Output Set to Increase in 2023

12 December 2023 - Chinese steel production is on track to rise slightly this year, this first year in the last three it will have done so, according to the Reuters news service.

Vale Inaugurates Iron Ore Briquetting Plant

12 December 2023 - Vale has cut the ribbon on its first-ever iron ore briquette plant, a milestone achievement that will help the company and its steelmaking customers lower their air emissions.

Systems Spray-Cooled Lands Order from Planned Rebar Mill

11 December 2023 - Startup rebar maker Hybar LLC has contracted Systems Spray-Cooled to supply electric arc furnace equipment for its planned mill in Osceola, Ark., USA.

Construction on thyssenkrupp Hot Strip Mil Upgrade Reaches Milestone

11 December 2023 - thyssenkrupp recently reached a milestone in the overhaul of a slab caster and hot strip mill at its Bruckhausen site in Duisburg, Germany.

LKAB Signs for Iron Ore Mine Loaders

11 December 2023 - Swedish iron ore miner LKAB has placed a SEK250 million order with Sandvik for automated loaders that will be installed at an underground iron ore mine.

Legislators Propose U.S. Carbon Border Adjustment Tax

07 December 2023 - Two U.S. lawmakers are reintroducing a bill that would assess a carbon border adjustment tax on energy-intensive imports, while incentivizing decarbonization of domestic manufacturing.

Salzgitter Board Extends CEO’s Tenure

07 December 2023 - Salzgitter AG’s supervisory board has extended chief executive officer Gunnar Groebler's contract until 2029, the German steelmaker said Thursday.

KOCKS Wins Order for SBQ Mill Reducing and Sizing Block

07 December 2023 - China’s Changzhou Dongfang Special Steel Co. Ltd. has contracted rolling mill specialist KOCKS for a reducing and sizing block to serve a new special bar quality line.

Four Countries Heighten Commitments to Green Steel Procurement for Public Projects

07 December 2023 - Canada, Germany, the United Kingdom and the United States have offered greater pledges to boost demand for low-CO2 steels and other CO2 intensive materials by leveraging their purchasing power to create new demand for the products.

Danieli, Tenova Announce Order for Omanese DRI Plant

05 December 2023 - The Jindal Steel Group’s newly established Vulcan Green Steel has ordered a hydrogen-ready Energiron direct reduction plant from Tenova and Danieli.

Alfa Laval Partners With Outokumpu on Green Stainless Steel Solution

05 December 2023 - Heat transfer specialist Alfa Laval will begin buying low-CO2 stainless steel from Outokumpu under a new supply contract, the companies report.

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