Steel RSS

  • China rod/bar import confusion fades Aug 22, 2014

    U.S. imports of Chinese hot-rolled bar have plummeted from year-ago levels, mirroring a decline in Chinese wire rod imports, and market sources said the issue of misclassified material has become less of a problem this year.

  • W. Coast tubing prices stabilize after declines Aug 22, 2014

    Structural steel tubing prices remain flat on the West Coast and show little sign of rising after falling earlier this summer.

  • Mercedes swaps aluminum pistons for steel Aug 22, 2014

    German automaker Mercedes-Benz will replace aluminum pistons with high-tech steel pistons in one of its diesel passenger vehicles starting in September.

  • NAS boosting stainless steel prices in Oct. Aug 22, 2014

    North American Stainless Inc. (NAS) will increase stainless steel prices across a variety of grades and products effective Oct. 1.

  • Ex-PSL North America chief Vaill joins Trinity Industries Aug 22, 2014

    Former PSL North America LLC chief executive officer Brian Vaill is now a vice president at Trinity Industries Inc., according to his LinkedIn profile.

  • No politics in trade rulings: Commerce Aug 22, 2014

    The U.S. Commerce Department has reiterated that politics are not relevant in the conduct of trade investigations, even as lobbying from lawmakers and interest groups escalates amid a string of steel trade cases this year.

  • ITC vote puts duties on OCTG from six nations Aug 22, 2014

    Imports of oil country tubular goods (OCTG) from India, South Korea, Taiwan, Turkey, Ukraine and Vietnam are harming the domestic industry, the U.S. International Trade Commission (ITC) ruled unanimously Aug. 22.

  • ArcelorMittal, SSAB boost plate prices Aug 22, 2014

    ArcelorMittal USA LLC and SSAB Americas have followed an earlir move by Nucor Corp. and raised plate prices.

  • Canadian rail car builder hiring workers Aug 21, 2014

    National Steel Car Ltd., Canada’s only rail car builder, is boosting employment, spurred by its recent entry into tank cars and rising demand for its traditional lines of freight cars.

  • Essar Steel’s Ch. 15 petition approved Aug 21, 2014

    Essar Steel Algoma Inc.’s petition for protection under Chapter 15 of the U.S. Bankruptcy Code has been approved.

  • Cargill offering cold-rolled coil Aug 21, 2014

    Cargill Inc. is offering "immediate shipment" of cold-rolled coil for $38 to $39 per hundredweight ($760 to $780 per ton) from two Midwest sites, the company told customers.

  • Steel sheet tags mixed, price direction divided Aug 21, 2014

    Hot-rolled band prices held their ground while cold-rolled coil tags edged down this week, due perhaps to import pressure.

  • Metinvest subsidiary backs ITC ruling Aug 21, 2014

    A subsidiary of Ukrainian steelmaker Metinvest is intervening in a dispute over a U.S. International Trade Commission (ITC) decision allowing anti-dumping duties on Ukrainian wire rod to expire, which U.S. producers have argued will result in Ukrainian exporters dumping wire rod into the domestic market.

  • US pushes case vs. Turkish rebar at meeting Aug 21, 2014

    The U.S. steel industry continues efforts to step up pressure in a trade case against Turkish reinforcing bar products, with several domestic producers and their legal counsel meeting with Commerce Department officials.

  • USS lifts coating extras; others seen following Aug 21, 2014

    Domestic steelmakers are continuing their push to raise zinc coating extras in an effort to offset higher costs.

  • Nucor facility adds automated fence post system Aug 21, 2014

    Arnold Machine Inc. has built an automated system to cut, paint and bundle fence posts at Nucor Corp.’s mill in Plymouth, Utah.

  • USS boosts zinc coating extras Aug 20, 2014

    U.S. Steel Corp. has increased prices for coating-weight extras for hot-dipped galvanized and galvannealed products.

  • Beam trade case threat could impact imports Aug 20, 2014

    Reports that U.S. steel beam mills are contemplating trade action against imports could put an initial damper on some traders’ willingness to quote material, but it also could spur others to move beams here as soon as possible, market sources said this week.

  • Corsa completes buy of PBS Coals Aug 20, 2014

    Canadian coal miner Corsa Coal Corp. has completed its $60-million acquisition of PBS Coals Inc., the North American coal assets of OAO Severstal.

  • ITC’s India steel rod ruling faces challenge Aug 20, 2014

    U.S. producers of steel threaded rod will appeal a recent U.S. International Trade Commission (ITC) decision that Indian rod imports are not injuring or threatening to injure the domestic industry, mirroring a similar appeal in a trade case against Thailand.

  • US, India appealing parts of WTO steel decision Aug 20, 2014

    The United States and India have separately appealed parts of a World Trade Organization (WTO) ruling on steel trade between the two countries, with both governments faulting "issues of law and legal interpretation" in the July report.

  • PSL North America sold to India's Jindal SAW Aug 20, 2014

    Bankrupt large-diameter spiral-weld pipe maker PSL North America LLC has been sold to India’s Jindal SAW Ltd. for $100 million.

  • Scrap price sentiment said improving for Sept. Aug 20, 2014

    Strengthening steel mill order books, finished steel prices and ferrous scrap export prices, combined with tighter scrap supply and transportation issues, have boosted market sentiment for domestic scrap prices in September.

  • Plymouth Tube to close Wisconsin facility Aug 20, 2014

    Plymouth Tube Co. is planning to permanently shutter a plant in East Troy, Wis., starting in mid-October.

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