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

With Cash to Spend, Steel Dynamics Browses for New Assets

21 Apr 2017 - Steel Dynamics Inc. is keeping an eye out for potential acquisition opportunities -- and has kicked the tires on a few, chief executive Mark Millett told analysts during the company’s quarterly earnings conference call on Thursday.  

Nucor Set to Break Ground on Mexican Galvanizing Plant

21 Apr 2017 - Despite the uncertainty surrounding the United States’ trading relationship with Mexico and the future of the North American Free Trade Agreement, Nucor said it remains committed to building a US$270 million joint venture galvanizing plant there.  

World Steel Association Revises Demand Forecast Upwards

21 Apr 2017 - Global steel demand is expected to rise 1.3% this year to an estimated 1.54 billion metric tons, according the latest short-range outlook from the World Steel Association. 

U.K. Steelmaker to Acquire American Rod Mill

21 Apr 2017 - Liberty House Group, a commodities trader and steelmaker that has cobbled together a portfolio of U.K. production facilities, has a deal to acquire a shuttered mill in the United States.  

Stelco Sale Wins Support of Salaried Employees

20 Apr 2017 - A Canadian steelmaker said it now has handshake agreements with salaried employees and retirees on a proposed acquisition plan.

Tenova Wins Order for Reheat Furnace

20 Apr 2017 - NLMK has awarded a contract to Tenova for a new walking beam furnace at its Lipetsk, Russia, mill.

Investigation to Assess National Security Risks of Steel Imports

20 Apr 2017 - The Trump Administration has opened an investigation into whether steel imports are threatening national security, invoking a seldom-used, 55-year-old law that gives the president the right to restrict imports due to national security concerns. 

Steel Dynamics Sees Increase in Demand, Profits

20 Apr 2017 - Improving steel demand and rising prices allowed Steel Dynamics Inc. to more than double its first-quarter profits, the company said on Wednesday.  

March Was a Banner Month for China's Crude Steel Production

19 Apr 2017 - China set a new crude steel production record in March, making 72 million metric tons and besting the previous record by nearly 2%, according to the price and information service S&P Global Platts.

U.S. Trade Officials Initiate Wire Rod Investigation

19 Apr 2017 - The U.S. Department of Commerce has launched a dumping investigation into carbon and alloy wire rod from 10 countries. 

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