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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.
ArcelorMittal USA Idling Indiana Harbor Long Carbon Facility

27 Feb 2015 - ArcelorMittal will idle its Indiana Harbor Long Carbon (IHLC) facility beginning with the electric arc furnace on 1 March 2015, followed by the rolling mill operation in Q2 2015, pending customer requirements.

Terex Material Handling Unveils Innovative Demag Crane Design

27 Feb 2015 - Terex Material Handling has launched the Demag V-type crane design, a revolutionary crane that sets a new industry standard and weighs up to 17% less than comparable box-section profile girders.

PwC US: Metals Industry Saw Uptick in M&A Activity in Q4 2014

27 Feb 2015 - The metals sector recorded a significant increase in merger and acquisition (M&A) activity during the fourth quarter of 2014, but the year overall saw a decline in deal value compared to 2013, according to Forging Ahead, a quarterly analysis of the global deal activity in the metals industry by PwC US.

Olympic Steel Reports Record Q4 Sales

27 Feb 2015 - Olympic Steel Inc., a national metals service center, announced financial results for the fourth quarter and full year ended 31 December 2014.

SteelBenchmarker: HRB Prices Heading for the Bottom

27 Feb 2015 - In its 214th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 23 February 2015:

Tenaris to Temporarily Suspend Operations at Texas Mill

26 Feb 2015 - Tenaris will temporarily suspend operations at its welded tubes mill in Conroe, Texas, resulting in the layoff of approximately 230 employees, effective 24 April 2015.

NLMK Generates Significant Savings through PCI Implementation at Novolipetsk

26 Feb 2015 - Russia’s NLMK Group made a saving of 425 million rubles in 2014 through the use of pulverized coal injection (PCI) technology at two blast furnaces at its Novolipetsk production site in Lipetsk.

U. S. Steel Names Vice President and Controller

26 Feb 2015 - United States Steel Corporation announced the promotion of Colleen M. Darragh to the position of vice president and controller, effective immediately.

Alberto Iperti Appointed CEO of Tamini

26 Feb 2015 - Alberto Iperti has been appointed CEO of Tamini, a worldwide leader in the manufacturing and service of energy transformer and a subsidiary of Terna, the company that transmits and dispatches electricity on the high voltage grid throughout Italy.

MMK Increases Production and Shipments of Automotive Sheet

26 Feb 2015 - OJSC Magnitogorsk Iron and Steel Works (MMK) increased 2014 shipments of metal products to automotive producers by 18% y-o-y to 415,000 tonnes from 353,000s tonnes in 2013.

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