-
Hickman, Williams & Co. president and chief executive officer William A. Snyder plans to retire Oct. 1. He will be succeeded by David Gelwicks, chief operating officer and vice president.
-
Cliffs Natural Resources Inc. has extended its iron ore pellet sales contract with Sault Ste. Marie, Ontario, flat steel producer Essar Steel Algoma Inc. to 2024. The agreement had been due to expire in 2016.
-
ArcelorMittal SA has appointed Bill Scotting as chief executive officer of its mining business. He replaces Peter Kukielski, who has resigned.
-
Steel producers in Turkey hope that a possible recovery in raw material prices will trigger a similar uptick in the finished steel market, if only in sentiment.
-
Two domestic mills have raised fence prices as a result of a strengthening flat-rolled steel market.
-
Allied Tube & Conduit Corp. has reshuffled its executive team.
-
At least two major domestic steel mills have increased published sheet prices in a move that market players expect will gain industrywide support.
-
Nucor Corp. said it expects to see its second-quarter earnings hold largely unchanged from the first quarter but decline from the year-ago period as weak performance in the sheet and structural steel markets is partially offset by stronger plate and raw materials sectors.
-
Webco Industries Inc. posted a sharp drop in sales and earnings in its fiscal third quarter as it once again experienced lower volume, a less-favorable product mix and weak spot pricing.
-
The U.S. International Trade Commission voted in the affirmative in a five-year sunset review of anti-dumping duties on steel concrete reinforcing bar from seven nations.
-
China’s finished steel exports totaled 5.41 million tonnes in May, down 2.5 percent month on month from 5.55 million tonnes, according to preliminary Chinese customs data.
-
The Brazilian government has ended an anti-dumping investigation into imports of refractory materials from the United States due to insignificant import volumes.
-
Vallourec SA held the official opening of its new small-diameter oil country tubular goods (OCTG) mill in Youngtown, Ohio, June 12.
-
U.S. sheet market participants continue to report stable buying activity this week, but some are wary about the onset of the traditional summer slowdown.
-
Universal Stainless & Alloy Products Inc. has attained heat-treat accreditation at its Dunkirk, N.Y., specialty steel facility from the National Aerospace and Defense Contractors Accreditation Program (Nadcap).
-
A union pension fund is suing RG Steel Holdings LLC for some $6.34 million related to pension payments around the time of the defunct steelmaker’s bankruptcy.
-
Traders selling foreign hot-rolled steel into the U.S. market are hoping that the recent price increases by U.S. mills, coupled with domestic labor issues and outages, will revive the lackluster importing sector.
-
The U.S. International Trade Commission is scheduled to vote June 13 in a five-year review of anti-dumping duties on steel concrete reinforcing bar from seven countries.
-
Mexican long steel products producer Deacero SA de CV plans to inaugurate its new plant in the northern state of Coahuila soon.
-
Brazilian pig iron exports plummeted to 100,130 tonnes in May, down 55.9 percent year on year from 227,062 tonnes, due to a weaker international market for the scrap substitute product, according to data from the country’s foreign trade ministry, MDIC.
-
Michael T. Rehwinkel will retire as president and chief executive officer of Evraz Inc. North America effective July 1, the steelmaker said June 11.
-
The structural steel market continues to tread sideways, with most buyers anticipating a holding pattern through the third quarter and possibly until the end of the year.
-
The Commerce Department’s International Trade Administration (ITA) has initiated an anti-dumping duty investigation into imports of welded stainless pressure pipe from Malaysia and Thailand from April 1, 2012, to March 31, 2013, and from Vietnam from Oct. 1, 2010, to March 31, 2013.
-
The Commerce Department’s International Trade Administration (ITA) has issued the final results of an anti-dumping duty administrative review of imports of circular-welded nonalloy steel pipe from South Korea from Nov. 1, 2010, to Oct. 31, 2011.