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

Klesch Group Ends Acquisition Talks For Tata Steel Long Products Business

04 Aug 2015 - A metals, chemical and oil company has withdrawn from discussions on buying Tata Steel's European long products business, according to a report in The Financial Times.

Steelmaker's European Division Reorganizes; Now Under New Management

04 Aug 2015 - Tata Steel's European long products division has begun operating as a standalone subsidiary and is now under new management, according to a U.K. newspaper.

Danieli Completes Line Modifications At Nucor Plant

04 Aug 2015 - Nucor Corp. and Danieli have signed the final acceptance certificates for upgrades to the steelmaker's hot-dip galvanizing line at its Berkeley, S.C., facility.

IMI Sensors Rolls Out New Accelerometer

04 Aug 2015 - IMI Sensors, manufacturer of industrial vibration monitoring instrumentation, has released a new model of an accelerometer, the company has announced.

Finished Steel Manufacturer Acquiring Online Services Provider

04 Aug 2015 - China-based Sutor Technology Group Ltd. has signed a nonbinding letter of intent to acquire a supply chain services business.

ArcelorMittal's U.S. Employees Need To Share More Of The Cost of Health Insurance, Company Says

03 Aug 2015 - Steel giant ArcelorMittal, which is negotiating a new labor deal with the United Steelworkers, said it needs to freeze or cut pay for some employees and require others to contribute more to the cost of their health insurance, according to the Wall Street Journal.

Steelmakers Set To Ink Deal on Technology Transfer

03 Aug 2015 - South Korean steelmaker Posco is expected to sign an agreement with India's Mesco Steel to transfer its Finex technology to a Mesco facility, according to the Business Standard newspaper.

TimkenSteel Posts Second-Quarter Loss

03 Aug 2015 - TimkenSteel lost $24.3 million during the second quarter as it continues to operate under challenging market conditions.

Cliffs Natural Resources Idling Minnesota Taconite Operation

03 Aug 2015 - Lower orders and higher inventories have prompted Cleveland-based Cliffs Natural Resources to temporarily idle its United Taconite operation in the Minnesota Iron Range.

Crane Manufacturer Names New CEO

31 Jul 2015 - Panu Routila has been appointed president and CEO of Konecranes Plc. and is to begin his new duties sometime by the end of the year, the Finnish crane and hoist manufacturer has announced.

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