Steel RSS

  • Allied Tube hiking pipe product prices Apr 08, 2014

    Higher steel prices have prompted Allied Tube & Conduit Corp., a division of Atkore International Holdings Inc., to increase prices for fence and mechanical products.

  • Cuts, closures support OCTG trade case: AISI Apr 08, 2014

    Recent production cuts and mill closures in the domestic oil country tubular goods (OCTG) sector will likely be a focus of an ongoing anti-dumping investigation against nine countries before a final decision in the trade case is made in July.

  • ITC schedules vote on steel threaded rod imports Apr 08, 2014

    The U.S. International Trade Commission (ITC) is scheduled to vote May 1 in an anti-dumping investigation against steel threaded rod from Thailand.

  • Nucor increases wire rod $20/T Apr 08, 2014

    Nucor Corp. is raising its transaction prices for wire rod products by $20 per ton ($1 per cwt) effective with May 1 shipments, the steel producer told customers April 7.

  • US steel output falls to lowest level this year Apr 08, 2014

    U.S. raw steel output totaled an estimated 1,762,000 net tons last week, down 3.2 percent from 1,820,000 tons the previous week, as mills operated at an average capacity utilization rate of 73.3 percent. It was the lowest weekly level since mid-December.

  • James River Coal seeking Chapter 11 Apr 07, 2014

    James River Coal Co. has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Virginia in order to implement a “comprehensive turnaround plan” after struggling with weakness in the coal markets, the company said April 7.

  • Steel buyers unsure if beam prices may rise Apr 07, 2014

    A smaller-than-anticipated rise in a key scrap price has steel buyers viewing the chance of an increase in beam prices as a toss-up.

  • UPI lifts sheet prices; CSI closes May books Apr 07, 2014

    A new round of flat-rolled steel price increases has been launched on the West Coast, with USS-Posco Industries Inc. (UPI) announcing a $30-per-ton increase while a second mill said its May order book has been closed.

  • US steel exports decline in February Apr 07, 2014

    U.S. steel mill product exports fell to a more than one-year low in February, led by several flat products.

  • China asks WTO to set up dispute panel on US dumping cases Apr 07, 2014

    The World Trade Organization (WTO) has been asked by China to set up a dispute settlement panel to consider the U.S. application of “targeted dumping” and the use of “zeroing” in anti-dumping proceedings involving a number of imported products.

  • Commerce sets dumping margins on steel nail imports Apr 07, 2014

    In the final results of an anti-dumping duty administrative review on imports of steel nails from China from Aug. 1, 2011, to July 31, 2012, the U.S. Commerce Department’s International Trade Administration (ITA) has issued weighted-average dumping margins ranging from 3.92 to 41.91 percent for individual companies and a China-wide rate of 118.04 percent.

  • Supply disruptions, prices may lift import mart Apr 07, 2014

    The U.S. steel import market could see a slight boost due to recent domestic supply disruptions, although traders stressed that the impact could be short-lived since those issues are expected to be resolved in the coming weeks.

  • TMK Ipsco idling pipe mill in Kentucky Apr 07, 2014

    TMK Ipsco is idling the 8-inch welded pipe mill at its Wilder, Ky., plant and is reducing work hours there and at its welded pipe operations in Blytheville, Ark., and Camanche, Iowa, due to pressure from imports.

  • Greenbrier to double tank car capacity Apr 07, 2014

    Greenbrier Cos. plans to double its capacity to manufacture rail tank cars in the next 18 months.

  • U.S. Steel's Gary Works receives iron ore Apr 07, 2014

    U.S. Steel Corp.’s Gary Works in northwest Indiana has received "the first of several deliveries of iron ore planned for this week," a company spokeswoman told AMM via e-mail April 6.

  • US drilling climbs, Canada falls Apr 07, 2014

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

  • Johannpeter steps up to new role at Gerdau Apr 04, 2014

    Guilherme Gerdau Johannpeter, president of Gerdau Long Steel North America, has been promoted to executive vice president and will join Gerdau SA’s executive committee, the company said April 4.

  • Midwest scrap markets follow Detroit up $10/T Apr 04, 2014

    Midwest ferrous scrap markets appear to have followed in Detroit’s footsteps to settle well below previously anticipated increases.

  • Steelmakers boost sheet prices amid supply fears Apr 04, 2014

    At least three U.S. steelmakers have officially published higher prices due to a number of recent disruptions on the supply side as some in the market expressed concern over an increasingly "tight" marketplace.

  • Demand drives stainless steel prices up Apr 04, 2014

    Stainless steel prices rose in April amid a rise in major North American mills’ base prices and raw material surcharges, with market players emphasizing that strong demand has allowed the mill increases to stick.

  • ITA sets duty margins on nickel-plated steel Apr 04, 2014

    The U.S. Commerce Department’s International Trade Administration (ITA) has issued an affirmative final determination in an anti-dumping investigation of imports of diffusion-annealed, nickel-plated flat-rolled steel from Japan.

  • Rebar lifts Cascade’s operating profit Apr 04, 2014

    Rising shipments, driven by a 44.2-percent gain in rebar sales, led Schnitzer Steel Industries Inc.’s steel manufacturing business to more than triple its operating profit during the fiscal second quarter.

  • SunCoke 1st-qtr. output falls 6.3% Apr 04, 2014

    SunCoke Energy Inc. produced an estimated 414,000 tons of coke at its Haverhill, Ohio, and Middletown, Ohio, coking operations during the first quarter of 2014, down 6.3 percent from 442,000 tons in the year-ago period.

  • Electralloy marine casting certified Apr 04, 2014

    Specialty and stainless steel melter Electralloy has received certification from the American Bureau of Shipping (ABS) to produce steel castings for marine applications, the company said April 3.

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