Steel 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. Follow us on Twitter @AISTSteelNews.

Latest News

Universal Stainless Records Q2 2015 Loss

30 Jul 2015 - Universal Stainless & Alloy Products Inc. lost $356,000 during the second quarter on account of falling demand from the power generation and oil and gas sectors and declining commodity prices, especially for nickel.

Weak Demand, Low Prices Take Toll on U.S. Steel Earnings

30 Jul 2015 - U.S. Steel Corp. posted a second-quarter net loss of $261 million, or $1.79 per diluted share, partly on account of low demand and prices.

World Steel Association: Governments Must Consider Steel's Importance When Setting Carbon Policies

30 Jul 2015 - The World Steel Association is calling upon the world's governments to engage the industry as they develop carbon emissions policies.

Essar Steel Algoma Closes Out Milestone Fiscal Year

30 Jul 2015 - Essar Steel Algoma Inc. returned to profitability in fiscal 2015, posting $194.4 million Canadian in earnings before interest, taxes, depreciation and amortization (EBITDA), the company reported.

Danieli To Equip CMC Micro Mill

29 Jul 2015 - Commercial Metals Co.'s proposed Oklahoma micro mill is to be outfitted with Danieli endless casting and rolling technology, Danieli has announced.

AK Steel Posts Second-Quarter Loss

29 Jul 2015 - AK Steel lost $64 million in the second quarter as competition from imported steel continued to drive down prices, the company has reported.

Report: China Steel Exports Reaching "Extraordinary" Levels

29 Jul 2015 - Steel exports from China have increased to extraordinary levels as demand in the world’s largest producer slows, according to a Bloomberg report. Meanwhile, the head of India’s third-biggest mill is decrying the impact of surging competition, it said.

Commercial Metals Company Selects Home For New Micro Mill

29 Jul 2015 - Commercial Metals Company (NYSE: CMC) has announced that it will build its second technologically advanced micro mill in Durant, Okla.

U.S. Producers Seeking Trade Relief From Cold-Rolled Imports

29 Jul 2015 - Several major U.S. steel producers -- AK Steel Corp., ArcelorMittal USA LLC, Nucor Corp., Steel Dynamics Inc., and U.S. Steel Corp. -- have filed petitions charging that foreign producers from eight countries are are dumping cold-rolled steel at substantial margins, harming the domestic industry.

EVRAZ Resumes Pipe Production at Pueblo Facility

29 Jul 2015 - EVRAZ restarted production at its Pueblo seamless pipe unit at the end of June and has brought back about 75 jobs temporarily vacated due to a slump in orders, an EVRAZ North America spokeswoman said.

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