Steel RSS

  • ITC to review duties on China steel line pipe Mar 07, 2014

    The U.S. International Trade Commission (ITC) has voted to expedite sunset reviews of anti-dumping and countervailing duties on circular-welded carbon-quality steel line pipe from China.

  • Valbruna Stainless outlook positive Mar 07, 2014

    Strong demand in key consuming industries is helping to buoy U.S. sales of stainless steel long products this year as a firming nickel price also has brought stability to stainless price tags, according to an executive of Valbruna Stainless Inc.

  • Stainless hike possible in 2d qtr.: distributors Mar 07, 2014

    Stainless steel prices have ticked up in March on higher mill surcharges, with market participants speculating that stronger nickel prices and improved demand could lead to a second-quarter base price increase.

  • Natural gas prices set to fall: analyst Mar 07, 2014

    Despite a short-term boost from the severe winter weather, U.S. natural gas prices likely will only be supported at higher levels once liquefied natural gas (LNG) exports kick off, according to an industry analyst.

  • Pipemakers could gain from auto aluminum shift Mar 07, 2014

    Welded pipe and tube makers could eventually benefit from automakers’ shift to aluminum by gaining access to lower-priced flat-rolled steel, according to an industry analyst.

  • Commerce sets anti-dumping duties on steel threaded rod Mar 07, 2014

    The Commerce Department’s International Trade Administration (ITA) has issued an affirmative final determination in an anti-dumping investigation of imports of steel threaded rod from Thailand.

  • AK welcomes judgment in electrical steel trade case Mar 07, 2014

    AK Steel Corp. hailed the Commerce Department’s affirmative ruling on subsidized imports of grain-oriented electrical steel (GOES) from China, claiming it will "continue to vigorously defend" its ability to compete against foreign producers.

  • Steel beam imports set to rise in February Mar 06, 2014

    Steel beam imports in February were set to rise 17.8 percent from the prior month but were down compared with February 2013.

  • Klöckner sees steel demand rising in 2014 Mar 06, 2014

    Klöckner & Co. SE expects U.S. steel demand to grow 3 to 4 percent in 2014 on a strong automotive market, a recovering construction sector and low energy costs, the company said March 6 in its first-quarter financial report.

  • Steel trade group rips OSHA injury proposal Mar 06, 2014

    Philip K. Bell, president of the SMA, is putting officials at the U.S. Labor Department’s OSHA on notice that "negative consequences" are likely to result if the watchdog agency adopts a proposed rule regarding tracking of workplace injuries and illnesses.

  • OCTG market could get crowded: execs Mar 06, 2014

    The U.S. OCTG market could become crowded if all planned expansion projects come online and anti-dumping duties on imports from nine countries change little in the Commerce Department’s final determination in July, mill executives said at AMM’s Steel Tube and Pipe Conference.

  • Steel sheet prices continue to slide Mar 06, 2014

    Steel sheet prices continued to slide this week on short lead times, falling raw material costs and the threat of imports, although some sources indicated that a bottom could be near.

  • Longhi to exit RTI board, Strome retiring Mar 06, 2014

    Mario Longhi, citing the "increasing demands" of his role as president and chief executive officer of U.S. Steel Corp., will leave the board of directors of RTI International Metals Inc., according to a U.S. Securities and Exchange Commission (SEC) filing.

  • AISI claims EPA overreach on regional haze Mar 06, 2014

    The AISI, in a move to counter what it believes to be federal regulatory overreach, has asked the U.S. Supreme Court to stop the EPA from usurping state authority on new emission controls targeted at minimizing "regional haze."

  • Minimum prices for Russian imports set to rise Mar 06, 2014

    Minimum prices for imported Russian hot-rolled steel will increase 5.9 percent across the board in the second quarter, reversing five consecutive quarters of declines under the amended suspension agreement with the country.

  • Efficiency fuels Korean OCTG exports Mar 06, 2014

    South Korean pipe mills’ efficient logistics and mill design, easy access to hot-rolled coil and cheap financing are driving their ability to compete with U.S. producers despite the freight penalty, panelists told attendees at AMM’s seventh annual Steel Tube and Pipe Conference.

  • Electrical steel imports from China subsidized: ITA Mar 05, 2014

    The Commerce Department’s International Trade Administration (ITA) issued a preliminary determination March 5 that grain-oriented electrical steel (GOES) imports from China were subsidized.

  • Alpha fined $27.5M for water violations Mar 05, 2014

    Alpha Natural Resources Inc. will pay a $27.5-million fine and spend an estimated $200 million on wastewater treatment and system-wide upgrades as part of a settlement agreement announced by the U.S. Justice Department and the EPA March 5.

  • Ferrous scrap trading off to shaky start Mar 05, 2014

    Ferrous scrap trading got off to a slow start March 5 after steel mills in several regions entered with bids that drew supplier interest on only some grades.

  • US steel imports poised for February climb Mar 05, 2014

    U.S. steel imports look poised to hit new highs in February due to increased shipments of several major products, including cut-to-length plate and semifinished material.

  • West Coast plate prices holding firm Mar 05, 2014

    Commodity carbon steel plate prices appear to have peaked on the West Coast as some market sources said they’re bracing for future pressure on tags due to the expected arrival of lower-priced imports.

  • Lawyers duke it out over OCTG case ruling Mar 05, 2014

    Lawyers on opposite sides of the OCTG trade case against nine countries debated data submitted to the Commerce Department, politics concerning respondent countries, production costs and slimming domestic margins despite a strong energy market.

  • Line pipe a challenge for midstream: exec Mar 05, 2014

    Despite perceptions of a buyer’s market, procuring line pipe remains a key challenge for midstream companies, according to Perry Roberts, senior director of procurement at Energy Transfer Partners LP.

  • Griffin Pipe facility in Iowa to close Mar 05, 2014

    U.S. Pipe & Foundry Co. LLC is planning to close the Council Bluffs, Iowa, operation of Griffin Pipe Products Co. LLC, according to market sources.

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