Steel RSS

  • Ice, temperatures hobble iron ore shipments Apr 17, 2014

    Iron ore shipments plunged in March as "massive" ice formations and subzero temperatures caused big delays across the Great Lakes, according to the Lake Carriers’ Association.

  • SDI's net income down 20% in 1st qtr. Apr 16, 2014

    Severe winter weather took a toll on Steel Dynamics Inc. (SDI) in the first quarter, as the company saw net income slide 20 percent despite a 1.9-percent increase in sales compared with the same period last year.

  • Senate staff meet on OCTG case Apr 16, 2014

    Staff members of the Commerce Department’s International Trade Administration (ITA) met with staff from 19 U.S. senators to discuss the ongoing anti-dumping and subsidy investigation on imports of oil country tubular goods (OCTG) from nine countries.

  • Stainless hikes to stick, with NAS or not: mart Apr 16, 2014

    Stainless steel prices could be in line for further gains, distributor sources said, as others expressed confidence that producer increases announced for May could hold even if North American Stainless Inc. (NAS) fails to jump on board.

  • Both sides in Turkey trade case fire final shots Apr 16, 2014

    As a preliminary decision by the U.S. Commerce Department’s International Trade Administration (ITA) draws near in an anti-dumping case on rebar from Turkey and Mexico, both sides have made final public claims to support their positions.

  • Ice curbs Essar Algoma iron ore shipments Apr 16, 2014

    Iron ore shipments to Essar Steel Algoma Inc. have been delayed by ice on Lake Superior, a company spokeswoman told AMM.

  • Evraz NA's flat-rolled output falls in 1st qtr. Apr 16, 2014

    Evraz Inc. North America’s first-quarter flat-rolled product output fell 27 percent to 154,000 tonnes from 211,000 tonnes in the previous quarter due to the suspension of its Claymont, Del., plate mill and scheduled maintenance work at its Portland, Ore., facility.

  • Finish trade talks without Japan: SSINA Apr 16, 2014

    U.S. Trade Representative Michael B. Froman should "swiftly conclude negotiations to establish the TPP free-trade agreement without further participation by Japan," the SSINA said in a letter dated April 15.

  • West Coast tube buyers expecting hike Apr 15, 2014

    West Coast buyers of structural steel tubing expect local producers to increase prices soon but are viewing this probability with little enthusiasm in a market where demand has yet to show signs of a significant pickup.

  • AK Steel raising stainless items Apr 15, 2014

    AK Steel Corp. is raising prices all stainless product prices effective May 4, it said April 15.

  • ExlTube follows Bull Moose price hike Apr 15, 2014

    ExlTube Co. has raised prices for all square, rectangular and round hollow structural sections (HSS) and mechanical tubing products by $40 per net ton effective with shipments May 9, it said in an April 15 letter to customers.

  • NW Pipe executive exits full-time role Apr 15, 2014

    Northwest Pipe Co. executive Gary Stokes has resigned as senior vice president of marketing and sales for the company’s water transmission group.

  • US raw steel production steps up by 1.3% Apr 15, 2014

    U.S. raw steel output totaled an estimated 1,785,000 net tons last week, up 1.3 percent from 1,762,000 tons the previous week, as mills operated at an average capacity utilization rate of 74.2 percent.

  • GM yet to jump on aluminum bandwagon Apr 15, 2014

    General Motors Co. has concerns about durability and corrosion when it comes to potentially increased aluminum use in trucks.

  • USS problems could bolster short-term prices Apr 14, 2014

    U.S. Steel Corp.’s declaration of force majeure at its Great Lakes Works, and production cuts at its Gary Works could squeeze an already tight flat-rolled steel market as a recent round of price increases kicks in.

  • Pacific Steel Casting eyeing early summer sale Apr 14, 2014

    Pacific Steel Casting Co. expects to be sold by "early summer," a spokeswoman for the foundry told AMM.

  • Tube market mulls implications of price hike Apr 14, 2014

    U.S. structural tubing mills have taken a variety of approaches to a recent price increase, with market participants trying to figure out what the implications might be.

  • Wheatland Tube sets $35M for plant expansion Apr 14, 2014

    Wheatland Tube Co. is spending $35 million to expand its Wheatland, Pa., facility, parent company JMC Steel Group Inc. said in a statement April 14.

  • ATI increasing stainless, alloy base prices Apr 14, 2014

    Allegheny Technologies Inc. is increasing various product prices for May.

  • American Tube follows price increase Apr 14, 2014

    American Tube Manufacturing Inc. has raised prices by $40 per ton effective April 11.

  • US, Canadian drilling diverge Apr 14, 2014

    The number of drill rigs running in the United States rose by 13 last week.

  • USS’ Great Lakes Works declares force majeure Apr 11, 2014

    U.S. Steel Corp. has declared force majeure on shipments from its Great Lakes Works in Ecorse, Mich., due to a number of unanticipated events, it said in a letter to its automotive contract customers.

  • Bar market split on possibility of hikes on scrap price gains Apr 11, 2014

    Rebar and merchant bar sources are split on the likelihood of price increases in those markets after a rise in scrap tags this month that has since led to a $20-per-ton ($1-per-hundredweight) wire rod increase by most U.S. mills.

  • Atlas, Hanna raise tubing $40/T Apr 11, 2014

    Atlas Tube Inc., a subsidiary of Chicago-based JMC Steel Group Inc., and Hanna Steel Corp have announced plans to raise tubing prices by $40 per ton effective immediately,

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