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

Burritt: U. S. Steel-Nippon Steel Merger Will Expand U. S. Steel's Technical Knowledge

18 Jun 2024 - United States Steel Corporation chief executive officer David Burritt on Tuesday defended his company’s planned merger with Nippon Steel Corp., saying that it protects workers, preserves national security and bolsters the company’s technological know-how, all the while meeting U.S. Steel’s fiduciary obligations to its shareholders. 

Hybar Begins to Fill Its Order Book

18 Jun 2024 - Start-up rebar manufacturer Hybar LLC has sold one-quarter of its planned capacity and is closing in on a deal to sell another 25% — all with a year of construction still to go, Hybar founder and chief executive officer Dave Stickler told attendees of the 2024 Global Steel Dynamics Forum. 

AISI’s Dempsey Presses Case for Carbon Tariffs

18 Jun 2024 - American Iron and Steel Institute president and chief executive officer Kevin Dempsey said the U.S. should create carbon border tariffs on imported goods that have higher associated GHG emissions intensities than their U.S.-made counterparts.

Mexico Won't Remain in USMCA, Cliffs CEO Predicts

18 Jun 2024 - Cleveland-Cliffs Inc. chief executive officer Lourenco Goncalves is predicting that Mexico will drop out of the USMCA trade pact, citing what he says is its unwillingness to meet the agreement's terms.

Consumers Will Pay More for Organic Food. They’ll Probably Do So for Steel, Too.

18 Jun 2024 - Steel users probably would accept a green steel premium because they already expect to pay more for sustainable products, POSCO Group’s top executive said on Monday.

SSAB Americas Advances HYBRIT Trials

17 Jun 2024 - SSAB Americas is trialing hydrogen-reduced sponge iron in its Iowa electric arc furnace mill, with the first full heat scheduled to take place on Tuesday, according to SSAB Americas president Chuck Schmitt. 

Midrex Veteran Anticipates Development of Iron Megahubs

17 Jun 2024 - Large, export-focused iron “megahubs” that use direct reduction to produce iron feedstocks for independent steel plants located elsewhere will eventually be a reality, according to direct reduction (DR) industry veteran Stephen Montague.

Europe Could Become an Even Bigger Steel Importer, SDI Chief Executive Says

17 Jun 2024 - Over the long term, the U.S. could become a significant exporter of steel to Europe, given high conversion costs there that are only likely to rise, Steel Dynamics Inc. (SDI) chief executive officer Mark Millett said Monday.

Cleveland-Cliffs Eyes Move Into Electrical Transformer Manufacturing

17 Jun 2024 - Cleveland-Cliffs Inc. is looking to recast its idled West Virginia tinplate mill as a factory producing transformers for electrical utilities, chairman and chief executive officer Lourenco Goncalves said Monday.

Hydrogen Will Support Steel Decarbonization, but So Will Carbon Capture, Linde CEO Says

17 Jun 2024 - Hydrogen will play an important role in steel industry decarbonization, but it won't, on its own, solve the global steel industry's decarbonization problem, according to Linde chief executive officer Sanjiv Lamba.

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