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

DRI Plant Still in the Works for Cliffs

28 Apr 2017 - Iron ore miner Cliffs Natural Resources said it remains committed to building a direct-reduction plant and intends to make preliminary investments in the project in 2018, chief executive Lourenco Goncalves said Thursday. 

Vallourec Names Chief Digital Officer

28 Apr 2017 - French tubemaker Vallourec has appointed Barthélémy Longueville as its chief digital officer, the company has announced. 

AK Steel Introduces Its Latest Advanced Steels to Automakers

28 Apr 2017 - AK Steel Corp. has delivered the first samples of its NEXMET 1000 and 1200 advanced high-strength steels to automotive customers, the company’s chief executive said. 

Coal Prices, China Capacity Pose Challenges for Japan's Steelmakers

28 Apr 2017 - Japan’s three top steelmakers are successfully passing along higher raw materials costs to customers, but challenges remain as they start a new fiscal year, reports the Nikkei Asian Review. 

Lincoln Electric Signs Deal to Acquire European Counterpart

27 Apr 2017 - Welding equipment and consumables manufacturer Lincoln Electric Holdings Inc. is acquiring Air Liquide’s welding equipment subsidiary for about US$125 million, the company announced on Thursday.

New Ownership Taking Over Unfinished Minnesota Taconite Project

27 Apr 2017 - A Virginia billionaire and partners who include the United Kingdom’s Liberty House Group submitted the winning bid for the former Essar Steel Minnesota on Wednesday, offering to buy the half-finished taconite mine and pellet plant for US$550 million, reports the Minneapolis Star Tribune.

U. S. Steel to Restart Idled Tube Mill

26 Apr 2017 - United States Steel Corp. said it is restarting an idled electric-weld tube line in Texas and has reconsidered the closing of a pipe processing line in Ohio.

Koch Knight Acquiring DURO Line of Chemical-Resistant Bricks

26 Apr 2017 - Refractories maker Fuzion Technologies Inc. is selling its DURO product line to Koch Knight LLC for an undisclosed amount, according to an announcement. 

U. S. Steel Speeds Up Mill Upgrades at the Expense of Near-Term Earnings

26 Apr 2017 - United States Steel Corp. shares slid nearly 27% on Wednesday after the integrated steelmaker posted an unexpected US$180 million loss and said an accelerated plan to rehab its mills would cut into future earnings.

As Market Conditions Improve, Steelmakers Appear Ready to Invest

26 Apr 2017 - Steel prices and demand appear to beginning to recover, and steelmakers are starting to lay new bets on gradual improvement, reports the Bloomberg new service.

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