Steel RSS

  • Drilling picks up in US, Canada Jul 14, 2014

    The number of drill rigs running in the United States rose by one last week, while Canadian drilling activity climbed.

  • Analyst sentiment split in wake of OCTG ruling Jul 14, 2014

    While some analysts think domestic oil country tubular goods (OCTG) producers knocked one out of the park with the Commerce Department’s final duty determinations, others said that a ground-rule double may have been mistaken for a home run.

  • Cheers and jeers for OCTG duty ruling Jul 14, 2014

    The U.S. steel industry applauded a final ruling by the Commerce Department to impose anti-dumping duties on imports of oil country tubular goods (OCTG) from South Korea, while importer sources were stunned by the reversal.

  • Michigan Seamless starts up $6M furnace Jul 14, 2014

    Pipe and tube manufacturer Michigan Seamless Tube LLC (MST) started up its new $6-million seamless pipe furnace at its South Lyon, Mich., facility July 14.

  • ITA sets dumping duties on S. Korean OCTG Jul 11, 2014

    In a reversal of its preliminary determination, the U.S. Commerce Department’s International Trade Administration (ITA) has imposed dumping margins on imports of South Korean oil country tubular goods (OCTG).

  • ITA sets duties on S. Korean OCTG Jul 11, 2014

    In a reversal of its preliminary determination, the U.S. Commerce Department’s International Trade Administration (ITA) has imposed final dumping margins on imports of South Korean oil country tubular goods.

  • Steel sheet prices firm ahead of OCTG ruling Jul 11, 2014

    Steel sheet prices were treading water this past week amid typically slower summer business activity as market players awaited the Commerce Department decision on imports of oil country tubular goods (OCTG).

  • Russian trade pact under fire, future uncertain Jul 11, 2014

    Domestic flat-rolled steelmakers are challenging a 15-year-old suspension agreement involving anti-dumping duties on hot-rolled flat steel products from Russia due to what the U.S. mills claim is “rampant underselling” by Russian producers.

  • ITC issues preliminary steel nail imports ruling Jul 11, 2014

    In a preliminary determination in a dumping and subsidy investigation, the U.S. International Trade Commission said there is a reasonable indication that U.S. industry is materially injured by imports of steel nails.

  • Scrap fire hits CMC mill in Texas Jul 10, 2014

    A fire at Commercial Metals Co.’s (CMC’s) steel mill in Seguin, Texas, scorched one acre of scrap vehicles, according to the Seguin Fire Department.

  • US mills seek to end Russian suspension accord Jul 10, 2014

    A group of six U.S. steelmakers has asked the U.S. Commerce Department to terminate its longstanding suspension agreement with Russia over hot-rolled steel.

  • Shredded outperforms primes in Midwest Jul 10, 2014

    Shredded scrap prices gained the most ground in the Midwest in July as mill buyers looked to restore more-historical price spreads between the material and No. 1 busheling.

  • Bula joins Correnti again at Big River Steel Jul 10, 2014

    Former Steel Tube Institute (STI) director Mark Bula is now chief commercial officer of Big River Steel LLC.

  • Partnerships key to waterways revival Jul 10, 2014

    Public-private partnerships could help repair and expand U.S. waterways infrastructure, but progress will be slow, according to remarks made at a congressional policy panel July 10.

  • Big River sets sights on 'Big League' markets Jul 10, 2014

    Big River Steel LLC’s $1.3-billion facility in Osceola, Ark., will sport new equipment and capabilities that should give the planned mini-mill a leg up on some aging competitors, according to a company executive.

  • Moody’s lowers Magnetation outlook Jul 10, 2014

    Moody’s Investors Service Inc. has assigned a negative credit outlook for Magnetation LLC, an iron ore joint venture half-owned by AK Steel Corp., citing weak and volatile iron ore prices.

  • Commerce set to release OCTG ruling Jul 10, 2014

    The U.S. Commerce Department is set to release July 11 a much-anticipated final decision in anti-dumping and countervailing duty cases on imports of oil country tubular goods (OCTG) from nine countries.

  • MFRI taps into Colombia with joint venture Jul 10, 2014

    MFRI Inc.’s Perma-Pipe subsidiary has signed a joint-venture agreement with Colombian pipe producer Tayrona Steel Pipe to manufacture pre-insulated pipe in the South American country.

  • Iron ore shipments buoyed as Great Lakes water levels rise Jul 10, 2014

    Great Lakes iron ore shipments surged in June but year-to-date levels remain below normal due to winter-related delays.

  • U.S. Steel to settle price-fixing lawsuit Jul 09, 2014

    U.S. Steel Corp. has agreed to pay $58 million to settle a 2008 lawsuit that alleged the company conspired with others to fix steel prices.

  • US steel exports sink in May Jul 09, 2014

    U.S. steel exports fell in May after two consecutive months of gains, driven by a sharp decline in shipments of bloom, billet and slab.

  • Universal wins GE Aviation stamp of approval Jul 09, 2014

    Universal Stainless & Alloy Products Inc. has received laboratory approval from General Electric Co. subsidiary GE Aviation for three of its facilities.

  • Lincoln Electric, NanoSteel sign global licensing deal Jul 09, 2014

    Lincoln Electric Co. has signed a worldwide licensing agreement for NanoSteel Co. Inc.’s proprietary weld overlay and thermal spray applications steel coatings technology.

  • Steel beam imports drop in June Jul 09, 2014

    The absence of some sporadic foreign players in the U.S. steel beam market in June helped send import applications down 19.8 percent from the previous month despite higher tonnages from two perennial sources.

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