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Gerdau Long Steel North America has announced a transactional price increase of $10 per ton (50 cents per hundredweight) on reinforcing bar products, effective with new orders April 15.
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Rebar fabricator and installer Camblin Steel Service Inc. is capitalizing on improving California construction markets and expanding its operations in a $4-million deal, vice president Mark Camblin told AMM.
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The initial court date in an environmental case filed against ArcelorMittal Dofasco Inc. by Ontario’s Ministry of the Environment has been pushed back to June 4 from April 2, a spokeswoman for the ministry told AMM.
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Domestic steel mills have successfully pushed carbon plate prices back up to early January levels as stable demand and expectations of further seasonal improvement have allowed suppliers to capture much of the $60-a-ton price hikes announced in the first quarter.
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Steel buyers have become more wary and cautious in recent weeks than they had been during much of the first quarter, particularly when it comes to building inventories, an industry survey shows.
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Outokumpu Stainless USA LLC has lowered most of its stainless steel surcharges for April.
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ArcelorMittal USA LLC and Cliffs Natural Resources Inc. have filed separate but almost identical petitions in an appellate court challenging the EPA's new regulations for taconite ore.
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Coiled stainless steel plate and cold-rolled stainless steel sheet prices have declined as market participants continue to lament lackluster end-user demand.
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Stricter safety rules for offshore drilling have been set by the Interior Department’s Bureau of Safety and Environmental Enforcement .
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A drop in demand from several Midwest steel mills and expectations of a seasonal improvement in scrap flow have combined with a lull in export activity to send scrap prices down about $20 per gross ton across the region.
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Schnitzer Steel Industries Inc.’s steel manufacturing unit, which operates as Cascade Steel Rolling Mills Inc., logged a profitable fiscal second quarter on the back of improved rebar sales, even as it saw total steel sales drop 16 percent year over year as a result of easing coiled product demand and import competition.
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United Steelworkers union Local 1104 in Lorain, Ohio, has been ordered to re-run an election of certain leadership positions April 9.
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Steel sheet prices continued to slide this week as domestic overcapacity and widespread discounting more than offset continued stability in demand.
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Turkish pipe and tube maker Borusan Mannesmann will receive $1.6 million from the Texas Enterprise Fund to help it build its planned oil country tubular goods (OCTG) and line pipe mill in Baytown.
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Consolidated Precision Products Corp. (CPP) has appointed Andy Klaus chief financial officer.
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Universal Stainless & Alloy Products Inc. has amended its credit agreement with a syndicate of banks to "better manage the current cyclicality of its markets."
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The House Energy and Power subcommittee will hold a hearing April 10 on legislation that would expedite the approval process for TransCanada Corp.’s proposed Keystone XL pipeline.
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Anglo American Plc has been fined $9.9 million following a fatal accident late last week at its floating dock on the Amazon River, used for loading iron ore from its Amapá operation in northern Brazil onto vessels.
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Marubeni-Itochu Steel America Inc. (Misa) has combined three of its metal processing subsidiaries as part of its drive to streamline its operations in the southern United States.
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Due to a reporting error, an article in the April 4 issue on various ArcelorMittal USA LLC management changes incorrectly stated that Dan Tunacik was succeeding Raymond Hawkins as general manager of ArcelorMittal’s Indiana Harbor operations in East Chicago, Ind. The company has appointed Tunacik general manager of its Indiana Harbor Long Carbon operations.
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Armor plate used by the U.S. military must be produced entirely in the U.S., according to a DoD notice reinstating a 35-year-old requirement that the material be melted and finished in the U.S. in order to be deemed "domestically produced."
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Japan’s crude steel demand in its fiscal first quarter is expected to fall to 26.4 million tonnes, down 0.9 percent from the previous quarter and 4.1-percent lower than a year earlier, according to the country’s Ministry of Economy, Trade and Industry.
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Uncertainty about scrap prices in the coming months, reduced buying programs by steel mills and a lack of clear signals from export markets combined to send April ferrous scrap prices down $20 per gross ton in Detroit.
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John Correnti’s proposed $1.1-billion steel mill in Arkansas has moved one step closer to fruition after the state Senate passed legislation approving funding for the Big River Steel LLC project.