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

Millett: Recent Mill Investments Will Help Keep Industry Competitive

18 Jun 2019 - Steel Dynamics Inc. chief executive Mark Millett swatted down criticisms of the U.S. steel industry’s recent spate of capital investments, saying that revitalizing assets and implementing new technologies is critical to surviving in a global marketplace.  

Big River Gets Rolling on Expansion Plans

18 Jun 2019 - Big River Steel expects to break ground later this year on an electrical steel processing facility and is weighing installation of new pickling capacity, chief executive David Stickler said Tuesday. 

Jindal: Urbanization Will Generate Big Growth in Indian Steel Demand  

18 Jun 2019 - India will need more than 300 million tons of steelmaking capacity to support a forecasted rise in steel demand over the decade, said JSW Steel chairman and managing director Sajjan Jindal. 

World Steel Dynamics: The Blast Furnace Isn’t Dead Yet  

18 Jun 2019 - As U.S. mini-mills install new capacity that will allow them to produce high-quality steels, some might argue the integrated producers are doomed. But that’s not necessarily so, said World Steel Dynamics founder and managing partner Peter Marcus.

In Electric Vehicles, There's A Case to Be Made For — And Out of — Steel

17 Jun 2019 - As the number of battery electric vehicles begins to increase, steel might have a new opportunity in one critical component: battery boxes, Steel Market Development Institute vice president Jody Hall said on Monday.

Plant Builder Expects Shift in Mill Investments

17 Jun 2019 - The North American steel industry has seen an extraordinary level of mill investment in the past two years, but the biggest of the capex announcements are likely behind, according to an executive at plant builder SMS group. 

Nucor Forecasts Lighter Q2 Profits

17 Jun 2019 - Nucor Corp. expects its second-quarter earnings to fall approximately 42% as service centers draw down inventories, the company said on Monday. 

Liberty Steel Acquires Pennsylvania Wire Maker

13 Jun 2019 - Pennsylvania-based Johnstown Wire Technologies (JWT) has been sold to Sanjeev Gupta's Liberty Steel USA for an undisclosed amount, the company has announced.

SDI Draws Near to Site Decision on New Sheet Mill

13 Jun 2019 - The Texas Comptroller’s office has ruled that Steel Dynamic Inc.’s proposed southwest flat-rolled mill qualifies for local tax breaks, a decision that potentially opens the door to an agreement on economic incentives for the mill – and possibly a final decision on its location. 

Steel Industry Could See Uptick in Mergers

13 Jun 2019 - Senior steel executives remain optimistic about their prospects for near-term growth and are looking to mergers and acquisitions as a key driver of that growth, according to an annual survey from corporate finance and strategic advisory firm Headwall Partners.

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