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

Salzgitter Plate Mill Marks the Start of Work on New Processing Line

19 Sep 2018 - Salzgitter AG subsidiary Ilsenburger Grobblech GmbH has broken ground on a EUR150 million heat treat line, marking the start of a project that Salzgitter says is the single largest investment in the heavy plate mill’s history. 

ArcelorMittal Employees Vote to Authorize Strike

19 Sep 2018 - United Steelworkers members have authorized union leaders to call a strike against ArcelorMittal USA, if they deem one necessary. 

Report: India Might Win Limited Section 232 Tariff Exemption

19 Sep 2018 - The Trump administration reportedly has agreed to exempt some Indian steel and aluminum from the Section 232 tariffs announced in March, according to The (India) Economic Times. 

Zekelman Industries Halts Initial Public Offering

19 Sep 2018 - Pipe and tube maker Zekelman Industries has postponed its planned US$750 million initial public offering, saying that its shares weren’t fetching the price it had hoped for, reports the Windsor (Ontario) Star. 

Nucor, Steel Dynamics Expect Q3 Earnings Growth

18 Sep 2018 - Nucor Corp. and Steel Dynamics Inc. are forecasting higher third-quarter earnings on continued strength in demand, the steelmakers have said. 

South Korean Steelmaker Slates Bar Mill Improvements

18 Sep 2018 - South Korea’s Daehan Steel Co. Ltd. has contracted SMS group to replace a bar mill quenching line at its Sinpyeong works and make other improvements, the equipment supplier has announced. 

Chinese Steel Companies Launch JV to Drive Consolidation

18 Sep 2018 - China’s big three steelmakers and an asset management company are investing the equivalent of US$291.3 million in a joint venture that will buy up steel assets, with an eye to driving consolidation within the country, reports the Reuters news service. 

Steel Dynamics Takes the Keys to Closed Bar Mill, Eyes November Restart

18 Sep 2018 - Steel Dynamics Inc. has finalized its acquisition of shuttered Kentucky Electric Steel for US$5 million and plans to reopen the facility in November. 

British Steel Announces Layoffs

14 Sep 2018 - U.K.-based long products producer British Steel said on Friday that it will eliminate 400 managerial, professional and administrative positions in an effort to cut costs and provide for long-term growth. 

Tenova R&D Programs Aim to Bring Steelmaking Further Into Industry 4.0

14 Sep 2018 - Tenova has announced that it is participating in three publicly funded research and development initiatives aimed at incorporating Industry 4.0 concepts into steel manufacturing and reducing environmental impacts. 

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