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Continued public and private partnerships will ensure a strong manufacturing base and support for the steel industry in the future, a top government trade official said.
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Domestic steel sheet prices east of the Rockies have fallen for the third straight week as service center customers sit out of the softening market awaiting a new pricing floor.
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The U.S. Environmental Protection Agency has taken "unprecedented" steps to ensure that new regulations don’t threaten steel producers’ electrical security, the agency’s deputy administrator told members of the Steel Manufacturers Association (SMA).
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Bri-Chem Corp.’s earnings climbed as the steel pipe producer and distributor continued to ramp up its large-diameter seamless pipe mill in Canada and explore further expansion possibilities.
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Productos Laminados de Monterrey SA de CV (Prolamsa) may be considering a new tubing facility in Conroe, Texas, according to a local official and a source familiar with the matter.
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London Metal Exchange three-month official three-month steel billet prices bounced back up to $470/480 on Wednesday May16, from $445/455 on Monday May 14.
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London Metal Exchange official three-month steel billet prices bounced back up to $470/480 on Wednesday May16, from $445/455 on Monday May 14.
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Maersk Line, the shipping arm of the Danish group Maersk, is aiming to improve container rates throughout this year, it said in its first quarter 2012 results on Wednesday May 16.
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Export and import figures for the first quarter of 2012 released by the UK’s Office of National Statistics show a surplus in the vehicle trade for the first time since 1976, an ONS spokeswoman said on Wednesday May 16.
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Brazil’s flat steel re-roller and service centre Mangels plans to be among the two largest players in the local re-rolling industry by 2015.
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Several consecutive days of sharp OTC iron ore price drops slowed on Wednesday May 16, while the Singapore Mercantile Exchange’s iron ore futures contract saw volumes hit record levels, brokers told Metal Bulletin.
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The Canadian International Trade Tribunal (CITT) and the Canada Border Services Agency (CBSA) have simultaneously initiated an anti-dumping duty investigation on imports of carbon steel welded pipe from India, Oman, South Korea, Taiwan, Thailand, Turkey and the United Arab Emirates and a countervailing duty investigation on the same product from India, Oman and the United Arab Emirates.
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Italian pipemaking group Marcegaglia is looking into opening a representative office in Turkey for the sale of its products, a source at the company told Metal Bulletin.
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The design and engineering team behind General Motors Co.’s Chevrolet Volt was honored with the Steel Market Development Institute’s (SMDI’s) annual Automotive Excellence Award Wednesday.
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Poor demand in Europe due to economic uncertainty, plus falling raw material costs, have seen heavy plate prices in Europe’s domestic market fall by €20-30 ($26-38) per tonne over the last week, market sources told Metal Bulletin.
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Prices for commodity-grade medium steel sections within Europe are likely to stay nearly unchanged over the next six months, with only raw material prices guiding the market, stockholders told Metal Bulletin this week.
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The West Coast flat-rolled steel market has slowed as buyers become cautious about making commitments too far ahead.
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Essar Africa has increased the pressure on the Zimbabwean government to finalise the sale of NewZim Steel by halting salary payments to employees of the dormant steel plant.
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New motor vehicle registrations in Turkey rose to 82,186 in March 2012, up by 56% from the previous month, according to a statement from the Turkish Statistical Institute.
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Sandvik AB has completed its steam generator tubing mill in Sweden, the company said.
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JMC Steel Group Inc. plans to sell electrical conduit fittings in Canada under the Picoma brand name, the company said Tuesday, and has added a Canadian sales team to handle the task.
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Shipments of rolled steel from ArcelorMittal Temirtau, the steelmaker’s Kazakhstan unit, fell by 9% year-on-year in the first quarter of 2012 on weak export demand, the company said on Tuesday May 15.
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Metal Bulletin’s Daily Ferrous Scrap Index fell to $443.10 per tonne cfr Iskenderun on an HMS 1&2 (80:20) basis on Tuesday May 16, down from $443.27 on May 15.
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Imperial Crown Trading (ICT) and South Africa’s Department of Mineral Resources (DMR) have both won a right to appeal against an earlier court ruling that set aside ICT’s prospecting rights to in the Sishen iron ore mine in the country's Northern Cape province.