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

TimkenSteel Corporation Announces First-Quarter 2015 Results; Reports Earnings Per Share of $0.15

05 May 2015 - - Net sales of $388.7 million is flat to prior-year quarter. - Reported earnings per share of $0.15, a 76.1 percent decrease over adjusted(1) prior-year quarter. - Paid quarterly dividend of $0.14 per share. - Opened advanced technology center in Canton, Ohio.

ARCEO launches a 60 million EUR investment in Belgium with a breakthrough coating technology

05 May 2015 - ARCEO, a joint venture from ArcelorMittal and Sogepa (Société de Gestion et de Participations) is investing 60 million EUR in the construction of an innovative coating line at Kessales (Liège) in Belgium.

Hyster-Yale Materials Handling, Inc. Announces First Quarter 2015 Results

05 May 2015 - Highlights: Consolidated revenues decreased 7.9% due to currency and lower unit volume Transition to new Brazil plant major driver of volume decline Lift truck segment gross margin increased to 16.7% from 16.5% despite negative currency Q1 2015 Lift truck segment net income declined to $17.5 million from $22.1 million in Q1 2014 Nuvera generated Q1 2015 operating loss of $6.0 million and net loss of $3.6 million

Outokumpu: Jan Hofmann Appointed President, APAC and Member of ohe Outokumpu Leadership Team

05 May 2015 - Jan Hofmann has been appointed President of the APAC business area and member of the Outokumpu Leadership Team effective 29 April 2015.

Schwartz: Three Hardness Zones in the Same Blank

05 May 2015 - At the Thermprocess trade fair, Schwartz will be premiering two innovations developed in-house for the press hardening of sheet metal: tailored tempering with a "thermal printer" produces different hardness zones in the part, while a dew point control system for the air atmosphere of roller-hearth furnaces reduces the risk of oxygen-induced embrittlement.

Yakov Gordon Presents the Howe Memorial Lecture at AISTech 2015

04 May 2015 - The Howe Memorial Lecture was the opening session at AISTech 2015 in Cleveland, Ohio, USA.

Freudenberg-NOK Sealing Technologies Develops Leak-Tight Radial Shaft Seal for Roller Bearings in Steel Plants

04 May 2015 - Freudenberg-NOK Sealing Technologies' unique solution to the roller bearing challenges found in steel plants – the Merkel Radiamatic RPM 41 radial shaft seal – will be on display at AISTech, Steel's Premier Technology Event in Cleveland, Ohio, May 4–6.

Quaker Chemical Spotlights its Fire Resistant Hydraulic Fluids, Specialty Grease Solutions, and Industry Speakers

04 May 2015 - In high temperature environments, such as steel mills, fires can spontaneously happen with an increased frequency due to the widespread use of highly flammable mineral-oil based products.

Alpha Natural Resources Announces Results for First Quarter 2015

04 May 2015 - Alpha Natural Resources, Inc., a leading U.S. coal supplier, reported a first quarter 2015 net income of $68 million or $0.30 per diluted share, compared with a net loss of $56 million or $0.25 per diluted share in the first quarter of 2014.

Salzgitter-Group Announces Strong First Quarter of 2015

04 May 2015 - In the first quarter of the financial year 2015 the Salzgitter Group generated external sales of € 2.3 billion, reflecting a stable performance over the previous quarter, and posted a pre-tax profit of € 51.8 Mio. (first quarter of 2014: € –8.7 million).

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