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's Sales Growth Driven by Energy, Industrial Market Sectors

31 Jul 2014 - TimkenSteel Corp., a leader in customized alloy steel products and services, reported second-quarter net income of US$28.6 million on US$442.2 million of net sales, compared to net income of US$25.3 million on net sales of US$354.1 million in the second quarter of 2013.

Edwards’ Degassing System Brings Environmental, Economic Benefits to Italian Steel Manufacturer

31 Jul 2014 - Edwards has installed a modular steel degassing system in a large steel producer in Italy, replacing an existing steam ejector system which had high running costs and energy usage.

Leeco Steel Names Vice President of Purchasing

31 Jul 2014 - Leeco Steel, one of the largest suppliers of steel plate in North America, has appointed Ryan Murphy as vice president of purchasing.

Quintiq Acquired by Dassault Systèmes

31 Jul 2014 - Dassault Systèmes — a 3DEXPERIENCE company and world leader in 3D design software, 3D digital mock up and product lifecycle management (PLM) solutions — announced the signing of a definitive share purchase agreement for Dassault Systèmes to acquire Quintiq, a leading provider of on-premise and on-cloud supply chain and operations planning & optimization software, for approximately €250 million.

SteelBenchmarker: HRB Price Stagnation Continues

31 Jul 2014 - The bi-monthly SteelBenchmarker™ United States HRB spot price for 28 July 2014 increased 0.1% to US$742 per metric ton for the second consecutive time.

Modernization of Blast Furnace 2 at ThyssenKrupp Duisburg-Schwelgern Making Good Progress

31 Jul 2014 - The modernization of blast furnace 2 in Duisburg-Schwelgern is proceeding according to schedule.

U. S. Steel Posts US$18 Million Net Loss in Second Quarter

30 Jul 2014 - U. S. Steel said the impacts of the extraordinary weather conditions and operational issues that began in the first quarter resulted in continuing operating inefficiencies; higher repairs and maintenance costs; and logistical issues that temporarily limited its production capabilities during the second quarter.

Carpenter Reports Improving Quarterly Results

30 Jul 2014 - Carpenter Technology Corporation announced financial results for the quarter ended 30 June 2014.

Sheri H. Edison Named to AK Steel's Board of Directors

30 Jul 2014 - Sheri H. Edison has been elected to AK Steel’s Board of Directors, effective 1 August 2014.

AISI: Preliminary Count Shows U.S. Imports Dropped 11% in June

30 Jul 2014 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,586,000 tons of steel in June 2014, including 2,706,000 tons of finished steel (down 11.1% and 8.0%, respectively, vs. May final data).

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