Steel RSS

  • US drilling steady, Canada slips Apr 21, 2014

    The number of drill rigs running in the United States was unchanged last week at 1,831.

  • More ice-breaking capacity said needed Apr 18, 2014

    ArcelorMittal SA wants U.S. lawmakers to push ahead with a bill aimed at bolstering the nation’s ice-breaking capacity and to repair and update its waterways in the wake of one of the worst winters in decades.

  • Armco Metals in deal to buy iron ore trader Apr 18, 2014

    Armco Metals Holdings Inc. has entered an agreement to purchase a 100-percent stake in iron ore mining and trading company Draco Resources Inc., the company said April 16.

  • SDI looks to ramp up output at Ind. mill: exec Apr 18, 2014

    Steel Dynamics Inc. (SDI) is planning to ramp up production at its new high-precision, small-diameter special bar quality (SBQ) rolling mill at its Pittsboro, Ind., long products facility.

  • W. Coast tube producers raise prices Apr 18, 2014

    West Coast producers of structural steel tubing raised prices $40 per ton ($2 per hundredweight) in a move market sources believe will see some initial success, but may face long-term challenges.

  • Keystone XL timeline extended Apr 18, 2014

    The U.S. State Department has extended the timeline for eight federal agencies to submit their views on TransCanada Corp.’s proposed Keystone XL pipeline, due to ongoing litigation in the Nebraska Supreme Court.

  • Bill to aid AK’s Ashland facility passes Apr 18, 2014

    The Kentucky Senate recently passed an incentive bill that could help AK Steel Corp. reline its blast furnace in Ashland, Ky., according to the bill’s sponsor, state Rep. Tanya Pullin.

  • Plate prices flat as import fears grip market Apr 18, 2014

    Plate prices have failed to gain momentum from a pickup in business activity, market sources said, in large part because mills and buyers were said to be on guard about a potential surge in imports.

  • Insteel expects favorable ruling in trade case Apr 18, 2014

    Insteel Industries Inc. expects a favorable ruling in the pending trade case against Chinese wire rod producers and sees no shortages in the U.S. rod market as a result, the company’s top executive said.

  • NW Pipe wins Texas water transmission order Apr 18, 2014

    Northwest Pipe Co. has won an order to provide water transmission pipe for section 15-1 of the Integrated Pipeline Project (IPL) in Texas.

  • Mill output adversity lifts flat-rolled prices Apr 18, 2014

    Flat-rolled prices have increased over the past week as integrated mills in the Midwest struggle to keep up with contracted automotive business amid the seasonally busier spring months, and as outages and weather-related disruptions rock the supply chain, market sources said.

  • Commerce set to rule on rebar imports Apr 17, 2014

    The Commerce Department’s International Trade Administration (ITA) will announce its preliminary findings in an anti-dumping investigation of imports of steel concrete reinforcing bar from Mexico and Turkey on April 21.

  • ITC rejects duties for steel threaded rod imports Apr 17, 2014

    The U.S. International Trade Commission (ITC) has determined that imports of steel threaded rod from Thailand do not materially injure the domestic industry, resulting in no anti-dumping duties, even though the U.S. Commerce Department’s International Trade Administration (ITA) last month assessed dumping margins of 68.41 to 74.9 percent.

  • Who will blink first on structural tubing hike? Apr 17, 2014

    The structural tubing market east of the Rockies appears to be caught up in a game of chicken between mills that raised prices early and mills that are doing so in May.

  • SDI deferring planned 2d-qtr. outages Apr 17, 2014

    Steel Dynamics Inc. (SDI) is deferring planned second-quarter outages at two flat-rolled facilities to take advantage of tightness in the domestic flat-rolled market, according to a top executive.

  • Ice, temperatures hobble iron ore shipments Apr 17, 2014

    Iron ore shipments plunged in March as "massive" ice formations and subzero temperatures caused big delays across the Great Lakes, according to the Lake Carriers’ Association.

  • SDI's net income down 20% in 1st qtr. Apr 16, 2014

    Severe winter weather took a toll on Steel Dynamics Inc. (SDI) in the first quarter, as the company saw net income slide 20 percent despite a 1.9-percent increase in sales compared with the same period last year.

  • Senate staff meet on OCTG case Apr 16, 2014

    Staff members of the Commerce Department’s International Trade Administration (ITA) met with staff from 19 U.S. senators to discuss the ongoing anti-dumping and subsidy investigation on imports of oil country tubular goods (OCTG) from nine countries.

  • Stainless hikes to stick, with NAS or not: mart Apr 16, 2014

    Stainless steel prices could be in line for further gains, distributor sources said, as others expressed confidence that producer increases announced for May could hold even if North American Stainless Inc. (NAS) fails to jump on board.

  • Both sides in Turkey trade case fire final shots Apr 16, 2014

    As a preliminary decision by the U.S. Commerce Department’s International Trade Administration (ITA) draws near in an anti-dumping case on rebar from Turkey and Mexico, both sides have made final public claims to support their positions.

  • Ice curbs Essar Algoma iron ore shipments Apr 16, 2014

    Iron ore shipments to Essar Steel Algoma Inc. have been delayed by ice on Lake Superior, a company spokeswoman told AMM.

  • Evraz NA's flat-rolled output falls in 1st qtr. Apr 16, 2014

    Evraz Inc. North America’s first-quarter flat-rolled product output fell 27 percent to 154,000 tonnes from 211,000 tonnes in the previous quarter due to the suspension of its Claymont, Del., plate mill and scheduled maintenance work at its Portland, Ore., facility.

  • Finish trade talks without Japan: SSINA Apr 16, 2014

    U.S. Trade Representative Michael B. Froman should "swiftly conclude negotiations to establish the TPP free-trade agreement without further participation by Japan," the SSINA said in a letter dated April 15.

  • West Coast tube buyers expecting hike Apr 15, 2014

    West Coast buyers of structural steel tubing expect local producers to increase prices soon but are viewing this probability with little enthusiasm in a market where demand has yet to show signs of a significant pickup.

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