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

SMU Steel Summit 2014 Explores State of Steel Markets

16 Sep 2014 - Imports and exports. Non-residential construction and housing starts. GDP and geopolitics. Global steel and raw materials pricing, risk and forecasts. All of this and much more was discussed in depth during Steel Market Update’s fourth annual Steel Summit in Atlanta, Ga., USA, on 3–4 September 2014. This was the first two-day conference for the Steel Summit, and nearly 200 people attended.

SMA Comments on Announced Nucor Acquisition of Gallatin Steel

16 Sep 2014 - The Steel Manufacturers Association (SMA) commented on the recent announcement that Nucor Corp. will acquire Gallatin Steel Co.

Outokumpu's Kemi Mine Celebrates 50-Year Anniversary

16 Sep 2014 - This September it will be exactly 50 years since Outokumpu made the decision to begin mining operations in its chrome mine in Kemi, Finland.

Michelle Galanter Applebaum Joins Northwest Pipe’s Board of Directors

16 Sep 2014 - Northwest Pipe Co., an industry leader of engineered welded steel pipe products, announced that Michelle Galanter Applebaum, a well-known retired equity analyst and former Salomon Brothers/Citigroup managing director, has been elected to Northwest Pipe’s board of directors.

U. S. Steel Receives Final Approval for Minntac Expansion

15 Sep 2014 - United States Steel Corporation announced that the U.S. Army Corps of Engineers granted the final necessary federal permits for expansion of the company's Minntac facility, located in Mountain Iron, Minn.

ArcelorMittal and Gerdau Agree to Sell Gallatin Steel Facility for US$770 Million

15 Sep 2014 - ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Co. to Nucor Corp. for a total cash consideration of US$770 million, subject to customary closing adjustments.

Nucor to Acquire Gallatin Steel

15 Sep 2014 - Nucor Corp. has entered into an agreement to purchase all the equity of Gallatin Steel Co. for a cash purchase price of approximately US$770 million.

USW Lauds Mine Expansion at Minntac Minnesota Ore Operations

15 Sep 2014 - The United Steelworkers (USW) welcomed the news that the Environmental Protection Agency (EPA) and the Army Corp of Engineers will approve mine expansion at U. S. Steel’s Minnesota Ore Operations, Minntac.

Outotec Selected Again to the Dow Jones Sustainability Index

15 Sep 2014 - Outotec has been selected for the second consecutive year to the Dow Jones Sustainability Europe Index for 2014–2015.

USW Calls DOC Decision on Dumped Rebar a Mixed Blessing

12 Sep 2014 - The United Steelworkers (USW) international president Leo W. Gerard released the following statement in regards to the U.S. Department of Commerce final investigation determination on dumped steel concrete reinforcing bar (rebar) from Mexico and Turkey.

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