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

Russian Coke and Steel Producer Refinances Nearly US$2 Billion in Debt

01 Sep 2015 - Russian mining and metals company Mechel OAO has restructured nearly US$2 billion worth of loans with Gazprombank, the company has announced.

Association: Latin America Buying More Chinese-Made Steel, Other Markets Buying Even More

01 Sep 2015 - Nearly 9 percent of China's steel exports have been destined for Latin America so far this year, according to Alacero, the Latin American Steel Association.

Outotec Wins Order for Iranian Beneficiation Plant

01 Sep 2015 - Outotec Oyj has been awarded an EUR 45 million contract to outfit a new iron ore beneficiation plant for Iran's Khorasan steel complex, Outotec has announced.

ATI, Steelworkers To Return To Bargaining Table

01 Sep 2015 - Specialty steelmaker Allegheny Technologies Inc. is set to resume contract negotiations with the United Steelworkers union after having locked out workers last month, according to the Pittsburgh Tribune-Review newspaper.

Steelworkers Union Offers To Continue Bargaining Past Contract Expiration

01 Sep 2015 - With their labor contract with United States Steel Corporation set to expire, the United Steelworkers union has offered to continue working under the terms of the current deal while negotiations continue.

ArcelorMittal South Africa To Close Facilities, Lay Off 400

31 Aug 2015 - ArcelorMittal South Africa is planning to close parts of one steel works and has begun studying whether to restructure another, the company said in a statement.

BlueScope Port Kembla Works Being Set Up For Failure, Union Says

31 Aug 2015 - The Australian Workers’ Union is calling an on-site meeting at BlueScope Steel’s Port Kembla works this week to figure out a way to save the operation, reports The Sydney Morning Herald.

Steelworkers Union Says It Will Continue Bargaining With ArcelorMittal

31 Aug 2015 - With its contract set to expire 1 September, the United Steelworkers union said it will remain at the table with ArcelorMittal and continue negotiating.

Steelworkers Taking ATI To Court Over Canceled Insurance Benefits

31 Aug 2015 - The United Steelworkers union is suing a unit of Allegheny Technologies Inc. (ATI), accusing it of violating a labor agreement by prematurely terminating insurance benefits for 95 office and technical employees.

Low Prices Drive Down Essar Steel Algoma's First-Quarter Earnings

28 Aug 2015 - Essar Steel Algoma Inc. posted a CAD$28.9 million operating loss in the first quarter of its fiscal year on account of low prices, the Canadian steelmaker reported.

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