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

Big River CCO Steps Aside

18 May 2018 - Big River Steel chief commercial officer Mark Bula is leaving the company to pursue new entrepreneurial opportunities, the steelmaker announced on Thursday.

Commerce Department Sides with U.S. Cold-Rolled, Corrosion-Resistant Producers in Circumvention Case

18 May 2018 - Overseas producers were circumventing U.S. anti-dumping measures by converting Chinese-made, hot-rolled coils to corrosion-resistant and cold-rolled steel in Vietnam, the U.S. Commerce Department ruled on Thursday.

JSW Steel Reaches Deal to Acquire Italian Long Products Facility

18 May 2018 - JSW Steel has locked up a deal to acquire Italy’s struggling Aferpi long products mill from the Cevital Group, according to reports.

Chinese Mills Begin Beefing Up Scrap Infrastructure

18 May 2018 - As China’s electric arc furnace capacity rises, Chinese steel mills are subsequently investing in scrap processing equipment, reports the Reuters news service.

Union Partners Adds Another Service Center to Its Roster

17 May 2018 - Union Partners, a Chicago-based investment firm with a growing portfolio of steel and metals businesses, has acquired Contractors Steel for an undisclosed amount, the firm announced Thursday. 

NSSMC Takes a New Name – and New Orders, It Hopes

17 May 2018 - Japan’s Nippon Steel & Sumitomo Metal Corp. (NSSMC) is changing its name and will take a full stake in an affiliated company as it looks to reposition itself in the Pacific region and reclaim sales lost to Chinese competitors, reports the Nikkei Asian Review. 

20% of India's Steel Capacity Is Up for Grabs

17 May 2018 - Acquisitive steelmakers are offering to pay the equivalent of US$14 billion for one-fifth of India’s steelmaking capacity, reports the online publication Quartz.

Service Center to Set Up Shop at Nucor Steel-Arkansas

17 May 2018 - California-based service center Calstrip Industries Inc. is planning to build a 300,000-square-foot processing plant at Nucor Steel-Arkansas, an investment that will help support the new specialty cold rolling mill being installed there. 

Algoma, United Steelworkers Come to Terms on Tentative Labor Agreement

16 May 2018 - Canadian steelmaker Algoma has reached a tentative labor agreement with unionized workers, possibly clearing one of the last hurdles before its exit from creditor protection, reports The Salut Star newspaper in Ontario.  

Outokumpu Acquires Full Ownership in Joint Venture Mill

16 May 2018 - Finnish stainless producer Outokumpu is buying out its partner in its joint venture wire rod mill and will take full ownership of the facility.

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