Steel RSS

  • MRC eyes international energy market Feb 25, 2014

    Anticipated growth in the global energy market was a major factor behind energy tubular distributor MRC Global Inc.’s recent acquisition of two international companies, executive vice president of supply chain management Gary A. Ittner told AMM.

  • Clarification: GOES imports surge alleged after dumping case Feb 25, 2014

    U.S. imports of grain-oriented electrical steel from all seven countries cited in an anti-dumping petition by domestic producers increased to 31,191 tons in 2012 from 29,856 tons in 2010, and climbed to 15,095 tons in the first half of 2013 vs. 14,110 tons in the same period a year earlier, according to the petition. A story posted to AMM's website Feb. 24 implied that the total was only for three countries.

  • Unplanned outage at AK’s Ashland furnace Feb 25, 2014

    An incident at AK Steel Corp.’s Ashland, Ky., facility Feb. 22 has resulted in an unplanned blast furnace outage, a company spokesman has confirmed.

  • U.S. Steel to cut output, work force at Lorain Feb 25, 2014

    U.S. Steel Corp. is planning to cut production and lay off workers at its tubular facility in Lorain, Ohio.

  • Wire rod case could lift Turkey exports Feb 25, 2014

    Turkey could be the next big exporter of wire rod to the United States if anti-dumping and countervailing duties are imposed on Chinese wire rod shipments in an ongoing trade case, U.S. market sources told AMM.

  • US raw steel production slides 0.8 percent Feb 25, 2014

    U.S. raw steel output totaled an estimated 1,831,000 net tons last week, down 0.8 percent from 1,845,000 tons the previous week as mills operated at an average capability utilization rate of 76.3 percent.

  • Steel advocate John Dingell set to retire Feb 25, 2014

    Rep. John D. Dingell (D., Mich.), a longtime supporter of the U.S. steel industry, a member of the Congressional Steel Caucus and the longest-serving member of Congress in history, announced Feb. 24 that he will not run for re-election.

  • GOES imports surge alleged after dumping case Feb 24, 2014

    Domestic producers of grain-oriented electrical steel (GOES) have filed "critical circumstances" allegations against imports from the Czech Republic, Poland and Russia, according to a Feb. 24 filing with the Commerce Department’s Enforcement and Compliance division.

  • AK Steel, USW reach labor accord for Mansfield Feb 24, 2014

    AK Steel Corp. has ratified a three-year labor deal with United Steelworkers union Local 169 at the company’s Mansfield Works stainless steel facility in Ohio, the company said in a statement Feb. 24.

  • US, Canadian drilling speeds up Feb 24, 2014

    The number of drill rigs running in the United States increased by seven last week.

  • COMMENTARY: Walt Robertson weighs in on China and the state of world trade Feb 23, 2014

    In June 1994, while attending AMM’s Steel Survival Strategies IX Conference in New York, several people pointed out that for the first time ever there were attendees from China, and openly wondered why they were there.

  • Economic recovery yet to help steel: Posco Research Feb 22, 2014

    The global steel industry is going through a period of recession, despite the signs of economic recovery, according to a South Korean executive.

  • MRC Global sees ERW line pipe prices bottoming out Feb 22, 2014

    MRC Global Inc. saw pricing pressures in the electric-resistance welded (ERW) line pipe market continue during the fourth quarter, though pricing is now expected to have bottomed out.

  • Low prices to persist in Chinese steel industry Feb 22, 2014

    Chinese crude steel production is expected to total 800 million tonnes in 2014, up by 2.7 percent year on year, according to Wu Wenzhang, president of Chinese Steel Home.

  • Steel supply chain facing risks: execs Feb 21, 2014

    The steel supply chain is becoming more complex and more global, although the United States still has a number of recognizable bright spots, executives said during an industry panel at the Metals Service Center Institute’s Carbon Conference in Phoenix.

  • Commerce initiates China wire rod probe Feb 21, 2014

    The U.S. Commerce Department has initiated anti-dumping and countervailing inquiries on imports of carbon and certain alloy steel wire rod from China, according to a Feb. 21 statement.

  • BNSF aims to buy 5,000 safer tank cars Feb 21, 2014

    BNSF Railway Co. “has issued a request to major railcar manufacturers to submit bids for the construction of 5,000 next-generation tank cars to be used for transporting crude oil,” a company spokeswoman told AMM in an e-mail.

  • Turkish rebar import prices below US Feb 21, 2014

    U.S. import prices for concrete reinforcing bar from Turkey inched up slightly, but remain below the domestic market, according to AMM’s latest pricing assessment.

  • Steel market hesitant on sheet pricing Feb 21, 2014

    Steel sheet prices were mainly flat this past week but sources expressed uncertainty ahead as declining raw material costs and cold weather continue to put downward pressure on the market.

  • Tenaris confident of favorable final OCTG ruling Feb 21, 2014

    Tenaris SA remains confident that domestic oil country tubular goods (OCTG) producers will get a more-favorable anti-dumping ruling on imports from South Korea when the Commerce Department’s International Trade Administration (ITA) makes its final decision in early July.

  • No subsidies found in Turkish rebar case: ITA Feb 21, 2014

    The U.S. Commerce Department’s International Trade Administration (ITA) has assessed countervailing margins of zero against imports of concrete reinforcing bar from Turkey.

  • Reliance sees gains for toll processing in 2014 Feb 20, 2014

    Reliance Steel & Aluminum Co. expects its toll processing operations to benefit from strong 2014 growth in the automotive sector, company executives said.

  • West Coast structural tubing prices hold Feb 20, 2014

    Structural steel tubing prices remain steady on the West Coast, with buyers and mills scrutinizing the market for threats to its stability.

  • Nebraska judge nixes Keystone XL route approval Feb 20, 2014

    A Nebraska judge has invalidated Gov. Dave Heineman’s decision to approve TransCanada Corp.’s Keystone XL revised route through the state, presenting further hurdles to the long-delayed project.

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