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

U.S. Agency Votes to Continue Trade Cases on Welded Line Pipe

28 Nov 2014 - The United States International Trade Commission determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain welded line pipe from Korea and Turkey that are allegedly subsidized and sold in the U.S. at less than fair value.

SteelBenchmarker: HRB Prices Nosediving

28 Nov 2014 - In its 208th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 24 November 2014:

FerrouSouth Installs Red Bud Stretcher Leveler Retrofit

28 Nov 2014 - FerrouSouth, located in Iuka, Miss., recently installed a Red Bud Industries’ .250” (6 mm) x 72” (1830 mm) stretcher leveler with SUREGRIP® technology in an existing cut-to-length Line.

Altumet SPA Orders Pipe End Finishing Machine from PWS

28 Nov 2014 - Altumet SPA from Algiers, Algeria, has ordered a pipe end finishing machine from PWS.

Synalloy Acquires Specialty Pipe & Tube Inc.

28 Nov 2014 - Synalloy Corporation, a company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals, has acquired Specialty Pipe & Tube Inc. Specialty is a master distributor of seamless carbon pipe, with a focus on heavy wall, large diameter products.

Kennametal Board Names Don Nolan Chief Executive Officer

28 Nov 2014 - The board of directors of Kennametal Inc. announced the appointment of Donald (Don) A. Nolan as the company's president, chief executive officer and member of the board of directors, while electing William R. Newlin, lead director, to serve as chairman of the board, both effective 17 November 2014, facilitating a clear-cut, transparent transition of immediate effect. As previously announced, Carlos Cardoso's retirement is effective 31 December 2014.

Timken Adds to Its Bearing Portfolio with Acquisition of Revolvo

28 Nov 2014 - The Timken Company announced it has reached agreement with ERIKS NV to acquire the assets of Revolvo Ltd., a specialty bearing company based in Dudley, U.K.

Outokumpu Wins Award for Environmental Achievements

28 Nov 2014 - International Chromium Development Association (ICDA) awarded Outokumpu’s Tornio operations in Finland on long-term successful work in waste water treatment and protection of sea environment on 5 November 2014. The award is based on voting of ICDA council and committees.

Siemens Presents Industry-Specific Motors for Steel Plants

27 Nov 2014 - Siemens has developed industry-specific motors for steel plants on the basis of the Simotics 1LE1 motor platform.

ArcelorMittal Named Among Global Top Companies for Leaders

27 Nov 2014 - ArcelorMittal has been ranked 14th on the 2014 global Aon Hewitt Top Companies for Leaders list. This comprehensive study recognizes companies with best-in-class talent management practices around the world.

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