Steel RSS

  • Steel import licenses up 4.1% in March Apr 03, 2013

    Steel arriving at U.S. ports appeared poised to increase 4.1 percent in March, largely due to gains in energy-related products.

  • Deacero brings $700M Mexican mini-mill online Apr 03, 2013

    Mexican steel producer Deacero SA de CV has reportedly started operations at its new Acería 3M plant in Ramos Arizpe, in the country’s northern Coahuila state.

  • Corsa enters long-term coal sales contract with Hyundai Apr 03, 2013

    Canadian coal producer Corsa Coal Corp. has entered into a long-term sales arrangement to provide South Korean steelmaker Hyundai Steel Co. Ltd. with low-volatility metallurgical coal.

  • ArcelorMittal USA names labor vice president, general managers Apr 03, 2013

    ArcelorMittal USA LLC has made a number of management changes, the company said April 2.

  • FTC seeks comment on Charlotte Pipe anticompetition deal Apr 03, 2013

    A proposed consent order settling anticompetition charges over Charlotte Pipe & Foundry Co.’s 2010 purchase of the cast iron soil pipe business of Star Pipe Products Ltd. has been released for public comment by the U.S. Federal Trade Commission (FTC).

  • EPA oversteps bounds on taconite rules: miners Apr 03, 2013

    Steelmakers with raw material operations in Minnesota and Michigan have said that new U.S. EPA regulations on regional taconite facilities could cost producers millions of dollars in retrofitting and lost production.

  • Commerce asked to rule on zinc nail imports Apr 03, 2013

    A scope ruling has been requested on certain zinc drive nail anchors from China, according to a filing with the Commerce Department’s International Trade Administration (ITA).

  • Commerce rules China pipe subsidized Apr 03, 2013

    The Commerce Department’s International Trade Administration (ITA) has determined in a preliminary review of a countervailing duty order on imports of drill pipe from China that Shanxi Yida Special Steel Import & Export Co. Ltd. and its affiliates received countervailable subsidies of 5.23 percent.

  • Japanese steel exports log monthly fall in Feb. but rise year on year Apr 03, 2013

    Japanese steel exports fell in February from the previous month but were sharply higher than a year earlier as producers reaped the benefits of a weakening Japanese currency.

  • Commodity-grade steel imports trickle to halt Apr 02, 2013

    The flat-rolled steel import sector continues to drag its feet as an oversupplied U.S. market and softening domestic prices make stateside sales unattractive.

  • Essar power project completed Apr 02, 2013

    Minnesota Power has completed the installation of new electrical transmission lines and power substations near Nashwauk, Minn., that will power Essar Steel Minnesota LLC’s taconite mine and processing facility, the power company said April 2

  • Correction: NAS increases prices for angles Apr 02, 2013

    Due to a reporting error, an article published on AMM's website Mar. 31 incorrectly stated that North American Stainless Inc. is increasing angle surcharges.

  • Exxon pipeline leak under investigation Apr 02, 2013

    ExxonMobil Pipeline Co., an affiliate of ExxonMobil Corp., has recovered about 12,000 barrels of oil and water from a pipeline leak that occurred March 29 near Mayflower, Ark.

  • JMC's Sharon Tube subsidiary officially relaunches Apr 02, 2013

    JMC Steel Group Inc. has officially relaunched Sharon Tube Co., a subsidiary that will be marketing the company’s drawn-over-mandrel (DOM) products.

  • CSN expects iron ore exports to bounce back to ’11 levels Apr 02, 2013

    Brazil’s Cia. Siderúrgica Nacional SA (CSN) expects to export 4 million tonnes more iron ore in 2013 than it did last year, mining director Daniel dos Santos said during a conference call with analysts and investors.

  • Two Patriot bondholders seek independent trustee Apr 02, 2013

    Two bondholders of bankrupt Patriot Coal Corp. are calling for an independent trustee to oversee the company’s asset disposal, arguing that most of the company’s 99 units in bankruptcy have no obligation to unions or retirees.

  • No binding bid for TK's Brazil slab mill: CSN Apr 02, 2013

    Brazilian steel and iron ore producer Cia. Siderúrgica Nacional SA hasn’t made any binding bid for ThyssenKrupp CSA’s slab plant in Rio de Janeiro state, a senior company executive said.

  • UK commodities trader Balli Group enters administration Apr 02, 2013

    Commodities trader Balli Group Plc has gone into administration and appointed consulting firm Deloitte Touche Tohmatsu Ltd. to oversee proceedings, a company source confirmed April 2 to AMM sister publication Steel First.

  • Anglo American halts iron ore shipments at Amapá in Brazil Apr 02, 2013

    Anglo American Plc has halted shipments from its Amapá iron ore operation in northern Brazil following an accident at a floating dock in the Amazon River.

  • US raw steel production inches 0.6% higher Apr 02, 2013

    U.S. raw steel output totaled an estimated 1,819,000 net tons last week, up 0.6 percent from 1,809,000 tons the previous week, as mills operated at an average capability utilization rate of 75.9 percent.

  • Tonawanda Coke exec faces long prison term Apr 01, 2013

    An executive at Tonawanda Coke Corp. faces up to 75 years in prison and fines in excess of $200 million after a jury found him guilty of breaking environmental laws.

  • Wells Fargo denies RG creditors’ claims Apr 01, 2013

    Wells Fargo Capital Finance LLC has denied claims from creditors of RG Steel LLC that the bank acted improperly before the steelmaker’s bankruptcy because of its relationship with a Renco Group Inc. executive.

  • Republic eyes 3rd-qtr. start of Ohio melt shop Apr 01, 2013

    Republic Steel expects to start a new melt shop in Lorain, Ohio, during the third quarter, allowing the company to adequately supply its special bar quality (SBQ) mills and run them more efficiently.

  • Defective Bay Bridge steel rods traced to Dyson Apr 01, 2013

    The California Department of Transportation (Caltrans) is investigating the cause of damage to 32 steel rods on the San Francisco-Oakland Bay Bridge that had been supplied by Painesville, Ohio-based Dyson Corp.

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