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SteelNews.com is a publication created by the Association for Iron and Steel Technology (AIST) for the steel community. We are the leading source for technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

 

Welcome to SteelNews.com
Latest News:
Steel Imports Drop 23% in June
Jul. 2, 2009 - Steel import permit applications totaled 810,000 net tons for the month of June, a 23% decrease from the previous month according to the latest report from the American Iron and Steel Institute (AISI).
Nucor Praises Congressman Arcuri for Voting Against House Cap and Trade Bill
Jul. 2, 2009 - Nucor notes its appreciation to U.S. Representative Michael Arcuri (D-NY) for supporting the local manufacturing sector by opposing House Cap and Trade Bill (H.R. 2454), which narrowly passed the House of Representatives this week by a three-vote margin.
Tenova Commissions New Furnaces for GTS Industries, Salzgitter Flachstahl
Jul. 2, 2009 - Tenova Italimpianti Deutschland commissions new furnaces for the GTS Industries plate mill in Dunkerque and the Salzgitter Flachstahl hot strip mill in Germany.
SMS Siemag to Modernize Thick Slab Caster for Dillinger Hütte
Jul. 2, 2009 - Dillinger Hütte places order with SMS Siemag to modernize its thick slab caster No. 5 at Steelplant Dillingen.
AK Steel Announces August 2009 Surcharges
Jul. 2, 2009 - AK Steel will add a $75 per ton surcharge for electrical steel products shipped in August 2009.
Baosteel Introduces Anti-Bacteria Stainless Steel Products
Jul. 1, 2009 - Baosteel develops a new anti-bacterial stainless steel material that has demonstrated effective performance against a range of bacteria.
Schnitzer Steel Reports Third Quarter Results
Jul. 1, 2009 - Schnitzer Steel reports a net loss of $1.5 million on revenues of $412 million for the fiscal third quarter, and a net loss of $42 million on revenues of $1.344 billion for the nine months ended May 31, 2009.
Kobe Steel Opens Steel Equipment Sales Unit in India
Jul. 1, 2009 - Kobe Steel opens a new subsidiary company in West Bengal to market its steel production machinery, particularly bar and wire rod rolling mills, in India.
SMS Siemag to Provide Heavy Dividing Shear Line for LY Steel
Jul. 1, 2009 - SMS Siemag will supply a heavy dividing shear line for Lian Yuan Iron and Steel Group capable of cutting and leveling high strength materials into high quality plate.
Sumitomo Metals Dissolves its Engineering Company
Jul. 1, 2009 - Sumitomo Metal Industries announces plans to dissolve its Engineering Company as part of the company’s ongoing organizational reform.
AISI Reacts to Passage of Climate Bill, Urges Modifications
Jun. 30, 2009 - AISI expresses its disappointment over the House passage of the American Clean Energy and Security Act of 2009, which it says will put the steel industry at a distinct disadvantage.
Volkswagen Honors U.S. Steel as Top Global Supplier
Jun. 30, 2009 - United States Steel was the only steel company selected by Volkswagen to receive its ‘Group Award 2009’.
NLMK Quality Management System Passes ISO-TU 16949:2002 Audit
Jun. 30, 2009 - Novolipetsk Steel passes the second audit of its Quality Management System for compliance with the requirements of ISO/TU 16949:2002, which focuses on requirements for the application of ISO 9001:2002 in the automotive industry and relevant spare parts.
Outokumpu Oyj Signs New Revolving Credit Facility
Jun. 30, 2009 - Outokumpu signed a new three-year EUR 900 million revolving credit facility, replacing an existing five-year EUR 1 billion facility originally signed in June 2005.
AIST Notes Passing of Town Hall Moderator John Callaway
Jun. 29, 2009 - AIST notes the passing of long-time AISTech Town Hall moderator, John D. Callaway.
Posco Celebrates Completion of Automotive Processing Center in China
Jun. 29, 2009 - Posco completes construction of its Posco China Wuhu Automotive Processing Center, which is capable of producing 180,000 tonnes of steel a year.
SMS Siemag Commissions X-Cast Slab Caster for China Steel
Jun. 29, 2009 - China Steel Corp. and SMS Siemag successfully commission a twin-strand X-Cast continuous slab caster at China Steel’s Kaohsiung facility.
Siemens to Modernize Gas Cleaning System for Ovako Wire Blast Furnace
Jun. 29, 2009 - Ovako Wire Oy Ab places order with Siemens VAI Metals Technologies to engineer and supply a gas scrubber for the blast furnace at its Koverhar plant.
Mechel Signs Additional Contracts for Coking and Steam Coal
Jun. 29, 2009 - Mechel OAO has signed contracts for coking and steam coal supplies to Chinese, Japanese, and South Korean companies for 2009 as part of is ongoing effort to enlarge the geography of coal sales.
Baosteel Silicon Steel Line Fulfills Production Targets Ahead of Schedule
Jun. 29, 2009 - Baosteel’s No. 4 Non-Oriented Silicon Steel Line produces a cumulative 210,000 tonnes of product, fulfilling its annual production target nearly two months ahead of schedule.
Corus Plans Additional Job Cuts
Jun. 26, 2009 - Citing further deterioration in steel demand, Corus announces plans to lay off up to an additional 2045 employees, building on the restructuring program the company had originally announced in January 2009.
Outokumpu Makes Plans to Begin Increasing Production Capability
Jun. 26, 2009 - Outokumpu announces plans to increase its production capability based on evidence of some recovery in order intake.
SMS Concast Commissions Eight-Strand Billet Caster at JSW
Jun. 26, 2009 - JSW Steel and SMS Concast commission the first eight-strand billet caster on the Indian subcontinent.
ThyssenKrupp Nirosta Installs Innovative Acid Recovery System at Krefeld Cold Mill
Jun. 26, 2009 - ThyssenKrupp Nirosta is ramping up a new, enhanced technology to recycle spent mixed acid from its Krefeld cold rolling mill’s annealing and pickling lines.
JSW’s Jindal Honored with Willy Korf-Ken Iverson Steel Vision Award
Jun. 26, 2009 - JSW Steel Vice Chairman and Managing Director Sajjan Jindal is honored with the prestigious 19th Willy Korf/Ken Iverson Steel Vision Award as part of the annual Steel Survival Strategies conference in New York.
Republic Responds to Court Order for Resumption of Shipments to American Axle
Jun. 25, 2009 - Responding to a circuit court order to resume steel shipments, Republic says it appreciates the Court’s recognition that Republic is entitled to demand adequate assurance of performance from American Axle.
JFE Steel to Revamp West Japan Works Blast Furnace
Jun. 25, 2009 - JFE Steel will revamp No. 3 Blast Furnace at its West Japan Works in the Kurashiki District.
Siemens VAI to Supply Continuous Annealing Line for Xinyu Iron & Steel
Jun. 25, 2009 - Siemens VAI Metals Technologies will provide Xinyu Iron & Steel with the engineering, equipment and services for a new continuous annealing line, part of a cold rolling mill in the Jiangxi province.
MWL Brasil Commissions SMS Concast Vacuum Degassing Facility
Jun. 25, 2009 - MWL Brasil Manufacturers, Caçapava (SP) and SMS AG Concast commission a new 35-tonne vacuum degassing facility supplied by SMS Concast.
PSI to Supply Steel Plant Control System for Peiner Träger
Jun. 25, 2009 - Peiner Träger GmbH selects PSI to deliver and implement the production management system PSImetals for its electro-steel plant in Peine.

 

 

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