Steel

  • AM/NS Calvert to lift slab supply from Ind. Sep 18, 2014

    ArcelorMittal SA’s plan to boost slab supplies from its Indiana Harbor plant in East Chicago, Ind., to its AM/NS Calvert LLC facility could allow the company to sell products to customers participating in projects with “Buy American” requirements.

  • USS stock jumps on CCAA filing Sep 18, 2014

    U.S. Steel Corp.’s stock jumped Wednesday in the wake of the company’s plans to restructure its Canadian operations.

  • USW lashes out at USS, Canadian gov’t Sep 17, 2014

    The United Steelworkers union is blaming U.S. Steel Corp. and the Canadian government for jeopardizing about 2,000 jobs as a result of the steelmaker’s plan to restructure its lossmaking Canadian subsidiary.

  • AK offers option to 300-series stainless Sep 17, 2014

    AK Steel Corp. has introduced a nickel-free stainless steel product that it claims is similar to austenitic stainless steel without the price volatility that comes with nickel-bearing material.

  • Mexico’s demand for stainless said surging Sep 17, 2014

    Mexico is proving to be a driving force behind the growth in stainless steel consumption, according to industry executives and analysts.

  • Nucor projects stronger third quarter Sep 17, 2014

    Nucor Corp. expects stronger earnings in the third quarter due in part to higher projected profitability in sheet, structural bars and plate.

  • Electrical steelmakers appeal trade ruling Sep 17, 2014

    The domestic grain-oriented electrical steel (GOES) industry is appealing the U.S. International Trade Commission’s (ITC’s) negative determination in an anti-dumping investigation of imports from Germany, Japan and Poland.

  • Steel will stay No. 1 in autos: ArcelorMittal Sep 17, 2014

    ArcelorMittal SA expects steel to remain the material of choice for cars and light trucks, according to company executives.

  • AM/NS Calvert to add slab staging muscle Sep 17, 2014

    The owners of AM/NS Calvert LLC will invest $40 million to expand the slab yard to boost slab staging capacity at the Calvert, Ala., rolling mill.

  • ArcelorMittal eyes adding EF at Calvert Sep 17, 2014

    ArcelorMittal SA might consider adding an electric-arc furnace (EF) at AM/NS Calvert LLC, its joint-venture rolling mill in Calvert, Ala.

  • ArcelorMittal cooks up steel diet for pickups Sep 17, 2014

    ArcelorMittal SA is aiming to help pickup trucks meet tougher fuel economy standards with advanced high-strength steels (AHSS).

  • USS Canada files for relief from creditors Sep 17, 2014

    U.S. Steel Corp.’s Canadian operations have filed for relief from creditors under the country’s Companies’ Creditors Arrangement Act.

  • Turkish mills blast Canada for rebar duties Sep 16, 2014

    Turkish rebar exporters have hit back against Canada’s decision to levy initial duties on imports of the material into Canada.

  • Stainless industry finally turning corner: exec Sep 16, 2014

    The U.S. stainless steel industry has finally recovered from the financial crisis, according to a top industry executive, and producers are now seeing a tight market, which has been a long time coming.

  • Essar wins OK on $100M financing deal Sep 16, 2014

    Essar Steel Algoma Inc. has received approval to proceed with an agreement that would provide it with a near-term capital infusion of $100 million.

  • Turkish rebar mills lash out at US claims Sep 16, 2014

    Representatives from Turkish rebar mills Içdaş Çelik Enerji Tersane ve Ulaşım Sanayi AS and Çolakoğlu Metalurji AŞ defended their country’s rebar industry as efficient and free from dumping and subsidy practices while criticizing U.S. rebar producers.

  • Severstal closes sale of N. American assets Sep 16, 2014

    OAO Severstal has completed the sale of its North American operations to Steel Dynamics Inc. (SDI) and AK Steel Corp., the companies announced Sept. 16.

  • Vale Manitoba workers support labor deal Sep 16, 2014

    Vale SA’s Manitoba unit has reached a five-year collective bargaining agreement with the United Steelworkers union.

  • US raw steel production edges 0.2% lower Sep 16, 2014

    U.S. raw steel output totaled an estimated 1,882,000 net tons last week, down 0.2 percent from 1,885,000 tons the previous week, as mills operated at an average capacity utilization rate of 78.2 percent.

  • Rebar mills warn of job losses, falling prices Sep 16, 2014

    U.S. rebar producers and fabricators warned of potential job losses and declining prices at a Sept. 15 International Trade Commission (ITC) hearing involving imports of the product from Turkey and Mexico.

  • Applebaum joins NW Pipe board Sep 16, 2014

    Retired steel industry analyst Michelle Applebaum has been elected to Northwest Pipe Co.’s board of directors.

  • W. Coast structural tubing still facing squeeze Sep 15, 2014

    West Coast structural steel tubing prices continue to be pressured by a slowing pace of mill bookings and steep import discounts.

  • AK Steel to sell additional shares Sep 15, 2014

    Underwriters for AK Steel Holding Corp.’s recent stock offering have exercised an option to purchase a further 5.25 million shares.

  • Canada's preliminary rebar margins rise Sep 15, 2014

    The Canada Border Services Agency (CBSA) has set steep preliminary anti-dumping margins in an ongoing trade case against rebar imports from China, South Korea and Turkey.

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