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

Imports Dampen Nucor Earnings

20 Oct 2017 - Nucor Corp. saw its third-quarter profits reduced by 12% as import pressures prevented it from recovering rising raw material costs, the steelmaker said Thursday .

Improved Sales Lift Cleveland-Cliffs Q3 Profits

20 Oct 2017 - Iron ore miner Cleveland-Cliffs Inc. posted a profitable third quarter on better demand and prices. 

Last of Mahoning Valley Furnaces Coming Down

20 Oct 2017 - Demolition has resumed on the last standing blast furnace in Ohio’s Mahoning River Valley, reports the The (Youngstown, Ohio) Vindicator. 

Acquisition Expands Motion Industries Belting Group

20 Oct 2017 - U.S.-based industrial parts distributor Motion Industries Inc. has signed a deal to acquire Apache Inc., an industrial hose and belting fabricator headquartered in Iowa. 

SSAB Leaving the Rust Belt for the Sun Belt

19 Oct 2017 - Swedish steelmaker SSAB will move its North American headquarters from the U.S. state of Illinois to Mobile, Ala., bringing it closer to its plate mill there, the company announced Thursday.

China Records Monthly Steel Production Decline

19 Oct 2017 - China saw its September steel production slide as mills began reducing output in keeping with government orders to reduce air pollution.

Steel Imports, Refinancing Mute Steel Dynamics' Q3 Profits

19 Oct 2017 - Third-quarter profits at Steel Dynamics Inc. slipped 2.5% on costs associated with debt refinancing and competition from imports, which limited price increases, the company announced Thursday. 

U.S. Government Makes Inquiry Into Kobe Steel Scandal

18 Oct 2017 - The Kobe Steel quality-data scandal has caught the attention of the U.S. Justice Department, which has requested records related to any defective material sold in the U.S., according to The New York Times. 

JSW Steel Eyes Italian Long Products Producer

18 Oct 2017 - India’a JSW Steel Ltd. is in the market for European opportunities and may be lining up to buy Italy’s Aferpi. 

World Steel Association Names New Chairman

18 Oct 2017 - The World Steel Association has elected Nippon Steel & Sumitomo Metal Corp. president Kosei Shindo as chairman, the association has announced. 

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