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

Steel Not on the G-20 Agenda for China

30 Aug 2016 - China is keen on discussing its financial reforms during the upcoming Group of 20 summit – and less so on talking about the world’s excess steelmaking capacity, reports The Nikkei Asian Review.

Hebei Iron & Steel Begins Boosting Sales, Production at Serbian Mill

30 Aug 2016 - Nearly two months after acquiring Serbia’s ailing Železara Smederevo steel works, Hebei Iron & Steel has managed to lift the facility’s monthly sales and is targeting 1.7 million tons of production in 2017, reports Xinhua, China’s official news agency.

Vietnamese Steelmaker Announces Plans for Mammoth US$10.6B Works

30 Aug 2016 - Vietnam’s Hoa Sen Group plans to build a giant US$10.6 billion steel works whose targeted capacity would exceed the country’s total production in 2015, reports the online VN Express News.

Steel Distributor Expands Into Southwestern U.S. With New Facility

30 Aug 2016 - Flat rolled distributor Lex Holding Co. has opened a facility in Houston, Texas, USA, expanding its market reach into the southwestern United States and Mexico, the company has announced.

Magnetation Planning to Wind Down Operations

29 Aug 2016 - AK Steel Corp. will pay up to US$37.5 million to end its pellet supply agreement with its joint venture pellet producer, Magnetation LLC, which will begin to wind down its remaining operations unless it finds a buyer or new financing.

ArcelorMittal Plans Improvements to Jumbo Beam Mill

29 Aug 2016 - Danieli has won an order for upgrades to the finishing end of ArcelorMittal’s jumbo beam mill in Luxembourg, the equipment manufacturer has announced.

The Time is Now for Meaningful Commitments on Capacity Reductions, SMA Chairman Says

26 Aug 2016 - In spite of new trade laws and a spate of anti-dumping cases, unfairly traded steel imports continue to pose significant challenges for U.S. steelmakers, the chairman of the Steel Manufacturers Association said on Friday.

Cliffs Natural Resources, Steelworkers Shake Hands on New Labor Agreement

26 Aug 2016 - North American iron ore miner Cliffs Natural Resources Inc. has reached a tentative labor agreement with the United Steelworkers union, the company announced on Friday.

Billions of Rupees Committed to a New Mill, Plans for Another Set Aside

26 Aug 2016 - India’s JSW Steel plans to commit the equivalent of US$7.5 billion to build a large steel works in the state of Odisha, reports the Business Standard newspaper.

In Indiana, Steelworkers Rally Over U. S. Steel Layoffs, and ArcelorMittal Advances Optimization Plan

26 Aug 2016 - The United Steelworkers union is rallying this afternoon in downtown Gary, Ind., protesting U. S. Steel Corp.’s decision to layoff approximately three dozen maintenance workers at the Gary Works, reports The Times newspaper of northwest Indiana.

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