Steel RSS

  • Lenninger retires from TK Steel Services Jan 24, 2014

    The retirement of Joerg Lenninger from ThyssenKrupp Steel Services Trading marks the end of an era for the German company following its more than 40 years of resident steel trading on the West Coast.

  • Posco should respond in case: US producers Jan 24, 2014

    South Korean steelmaker Posco Ltd. should be designated as the producer of OCTG made by Korea’s Nexteel Co. Ltd. due to its extensive involvement in Nexteel’s supply chain, lawyers for domestic OCTG producers have argued.

  • U.S. Steel Canada shuffles management Jan 24, 2014

    U.S. Steel Canada has named a new president and chief financial officer, in addition to implementing other management changes, it said in a statement Jan. 24.

  • USTR invites comment on Chinese anti-dumping appeal Jan 24, 2014

    The U.S. Trade Representative’s Office said that comments should be submitted by Feb. 14 on China’s Dec. 3 request for consultations with the United States at the World Trade Organization on anti-dumping measures on various products.

  • Commerce makes OCTG critical circumstances ruling Jan 24, 2014

    The Commerce Department’s International Trade Administration (ITA) has made a preliminary determination that critical circumstances exist for oil country tubular goods (OCTG) imports from India and Turkey. The ITA is scheduled to make final subsidy determinations April 29.

  • China drives up 2013 crude steel output Jan 24, 2014

    Global crude steel production rose 3.5 percent last year compared with 2012 as China, the world’s largest steel producer, posted a 7.5-percent gain to more than 779 million tonnes, according to data released by the World Steel Association Jan. 23.

  • Keystone lifts coiled rebar $20/T Jan 24, 2014

    Keystone Steel & Wire Co. will increase its coiled rebar prices by $20 per ton ($1 per hundredweight) effective with all shipments Feb. 1, the company said in a Jan. 23 letter to customers.

  • SDI’s Teets succeeds Ferriola as SMA chairman Jan 23, 2014

    Richard Teets Jr. has been named chairman of the Steel Manufacturers Association’s (SMA’s) board of directors, the association said in a statement Jan. 23.

  • Turkish rebar offer prices seen climbing Jan 23, 2014

    Turkish rebar exporters have increased offer prices to the United States as importers rush to source material ahead of the U.S. Commerce Department’s preliminary determination on anti-dumping duties on Turkish and Mexican material, which is scheduled for Feb. 27, market sources told AMM.

  • US imports of Turkish rebar poised to surge in Jan. Jan 23, 2014

    Turkish rebar import license volumes surged in January ahead of potential anti-dumping and countervailing duties that could be applied to imports of Turkish and Mexican rebar.

  • Severstal NA’s flat-roll sales fall in quarter Jan 23, 2014

    Severstal North America Inc.’s flat-rolled sales slipped in the fourth quarter following three consecutive quarters of growth.

  • Market participants mixed on steel sheet trend Jan 23, 2014

    An increasing number of steel sheet market participants are concerned about where pricing is headed in the coming weeks, with mixed opinions over steady business demand, the full impact of foreign steel and quiet activity on the part of the mills.

  • No layoffs at Evraz Regina: union Jan 23, 2014

    Evraz Inc. North America has withdrawn a layoff notice for more than 400 workers at its Regina, Saskatchewan, tubular mill, a spokesman for the United Steelworkers union told AMM via e-mail.

  • Backlogs pushing AK’s lead times into summer Jan 23, 2014

    AK Steel Corp. is said to be effectively out of the spot market for certain steel sheet products, particularly cold-rolled coil, due to major backlogs.

  • Vallourec workers vote against unionization Jan 23, 2014

    Workers at Vallourec Star LP’s oil country tubular goods production facility in Youngstown, Ohio, have voted 367-to-148 against unionizing, a spokeswoman for the United Electrical, Radio and Machine Workers of America told AMM.

  • Canadian producer Delhi-Solac in receivership Jan 23, 2014

    Canadian mechanical and coated tubing producer Delhi-Solac Inc. has been put into receivership under the Canadian Bankruptcy and Insolvency Act, although its U.S. subsidiary, Solaris Industries Inc., continues to operate, a company source told AMM.

  • Ex-Cisa secretary general found guilty of corruption Jan 23, 2014

    Shan Shanghua, former secretary general of the China Iron and Steel Association (Cisa), has been sentenced to three years in prison after being found guilty of corruption.

  • ATI looks to boost hot-rolled market position Jan 23, 2014

    Allegheny Technologies Inc. (ATI) is banking on the completion of its new hot-rolled processing facility in Brackenridge, Pa., to "significantly advance" the specialty steel producer’s market position going forward, Richard J. Harshman said.

  • ArcelorMittal hikes plate product prices $30/T Jan 22, 2014

    ArcelorMittal USA LLC has increased transaction prices for all noncontract plate orders by a minimum of $30 per ton ($1.50 per hundredweight) effective immediately.

  • TMK wins two pipe contracts from Shell Jan 22, 2014

    TMK Ipsco has won two three-year contracts to supply global energy giant Royal Dutch Shell Plc with seamless and welded oil country tubular goods (OCTG), line pipe and premium connections for onshore and offshore applications, the company said.

  • Western steel buyers see shortage of flat cars Jan 22, 2014

    A growing number of steel buyers in the western United States are concerned by what they claim is a shortage of flat rail cars and efforts by mills to use gondolas instead.

  • IMC clears first step to build Wis. DRI facility Jan 22, 2014

    Local officials in Wisconsin have approved a cooperation agreement that pushes forward plans by International Metallics Corp. (IMC) to construct a direct-reduced iron (DRI) plant.

  • Great Lakes iron ore shipments slide 5.3% Jan 22, 2014

    Iron ore shipments on the Great Lakes fell to 58.3 million tons last year, down 5.3 percent from the previous year due to Arctic weather conditions, according to the Lake Carriers’ Association.

  • Injury likely from plate imports: CITT Jan 22, 2014

    The Canadian International Trade Tribunal (CITT) has ruled that the expiration of an anti-dumping duty order on imports of hot-rolled carbon steel plate and high-strength low-alloy steel plate from Bulgaria, the Czech Republic and Romania would likely result in material injury to the domestic industry.

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