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

Essar Minnesota Sues Parent for US$1 Billion and Hopes to Restart Project

13 Jan 2017 - The former Essar Steel Minnesota, which hopes to complete its half-finished taconite mine and pellet plant in Minnesota, has filed a lawsuit against parent Essar Global, alleging “a myriad of damaging actions” that helped starve it of cash, according to news reports.  

Tata Negotiating Pay-Out to End pension Fund Guarantee Held on Steel Plant

13 Jan 2017 - Trustees of Tata Steel’s U.K. pension fund are negotiating a potential pay-out from the steelmaker in exchange for releasing a guarantee held on its Dutch steel works, according to reports.

Nippon Steel Asks for Production Help Following Fire

13 Jan 2017 - Nippon Steel & Sumitomo Metal Corp. has asked competitors for help in meeting orders after a fire damaged its heavy plate mill in western Japan.

China Exported Less Steel in 2016 -- About 4 Million Fewer Metric Tons

13 Jan 2017 - China’s steel exports fell 3.5 percent in 2016 as the country executed on plans to curtail capacity and as improved domestic demand diverted supply, reports the Reuters news service.

Dura-Bond to Restart Idled Tube Mill in Pennsylvania

12 Jan 2017 - Line pipe manufacturer Dura-Bond Industries plans to restart a mothballed United States Steel Corp. tube mill and eventually hire more than 200 people.

AHMSA Sets Production Record in 2016

12 Jan 2017 - Integrated steelmaker Altos Hornos de Mexico said produced a record 4.65 million metric tons in 2016, according to market reporting service S&P Global Platts.

Danieli Acquires Italian Robotics Company

12 Jan 2017 - Danieli has acquired Italy’s Telerobot Labs, which designs and builds robotic systems for a number of fields, the equipment manufacturer has announced.

ArcelorMittal Enlists New Modeling Software to Improve Processes

12 Jan 2017 - ArcelorMittal is investing in specialized software to help it model the behavior of raw materials charged into its blast furnaces.

Commercial Metals Adds Scrap Capacity in Southeastern U.S.

12 Jan 2017 - A subsidiary of long products manufacturer Commercial Metals Co. has an agreement to acquire seven scrap facilities from OmniSource Corp., the company has announced.

Commercial Metals Adding New Product to Lineup

09 Jan 2017 - Long products manufacturer Commercial Metals Co. on Monday posted a first-quarter profit of US$6.3 million and revealed plans to produce hot-rolled, spooled rebar at its new mill in Oklahoma.

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