Steel

  • ASTM proposes standard for zinc-coated rebar Sep 04, 2014

    A new technical standard for zinc-coated rebar could lead to lower costs and better anti-corrosion features for the niche product, according to ASTM International.

  • Sanctions said no risk to Severstal sale Sep 04, 2014

    Despite talk of potentially stepped-up U.S. sanctions against Russia, Steel Dynamics Inc. (SDI) and AK Steel Corp. expect the sale of OAO Severstal’s U.S. assets to proceed as planned.

  • Schuff’s board to decide on buyout tender Sep 04, 2014

    Steel fabricator Schuff International Inc.’s board of directors is expected to consider this week a planned takeover by investment firm HC2 Holdings Inc.

  • Steel pricing ‘mini-cycles’ may be over Sep 04, 2014

    Pricing "mini-cycles" that have plagued the steel industry in recent years may be a thing of the past, according to one analyst.

  • Synalloy exits piping fabrication business Sep 04, 2014

    Synalloy Corp. has sold its Ram-Fab LLC subsidiary in Crossett, Ark., to Primoris Services Corp., marking its exit from the custom piping systems fabrication business.

  • SDI offering $1B in debt securities Sep 04, 2014

    Steel Dynamics Inc. (SDI) plans to sell $1 billion in debt securities to finance its pending acquisition of Severstal North America LLC’s Columbus, Miss., flat-rolled mill.

  • China urged to adjust scrap policies Sep 04, 2014

    U.S. trade associations reached out to Chinese steel and scrap companies in a bid to encourage the world’s largest steel-producing nation to align its policies and practices with global standards.

  • Turkish rebar shipments impacted by ruling Sep 03, 2014

    Turkish rebar shipments to the United States have suffered from significant uncertainty and minor disruptions ahead of a scheduled Sept. 9 trade ruling, according to U.S. traders and rebar buyers.

  • AK plans Ashland blast furnace reline Sep 03, 2014

    AK Steel Corp. plans to take a 28-day maintenance outage in late October to reline its Ashland, Ky., plant’s blast furnace.

  • USS may be looking to exit Canada operations Sep 03, 2014

    U.S. Steel Corp. may be looking to "walk away" from its unprofitable operations in Canada, according to one analyst.

  • Stainless scrap prices tread water amid lower demand Sep 03, 2014

    Stainless steel scrap prices were largely flat this week, with market participants continuing to see an ample supply of available material due to weakening consumer demand.

  • Deacero appeals wire rod duty after review Sep 03, 2014

    Mexican long steel producer Deacero SAPI de CV has filed an appeal against an anti-dumping duty on its 4.75-millimeter wire rod, citing discrepancies between the U.S. Commerce Department and the International Trade Commission (ITC).

  • Severstal sales to AK, SDI get US approval Sep 03, 2014

    Steel Dynamics Inc. (SDI) and AK Steel Corp. have received approval from U.S. antitrust officials to acquire Russian steelmaker OAO Severstal’s North American assets.

  • $5B Atlantic Coast pipeline proposed Sep 03, 2014

    Four energy companies are planning to build a $4.5-billion to $5-billion natural gas pipeline through West Virginia, Virginia and North Carolina.

  • High imports may spur line pipe trade case Sep 03, 2014

    A line pipe trade case that some say might be filed by mid-October could be bolstered by high U.S. steel product import levels in August.

  • China’s steel glut taking a toll: Cisa Sep 03, 2014

    China’s steel production overcapacity has resulted in low prices and profitability, according to the China Iron and Steel Association (Cisa).

  • US raw steel production retreats 1 percent Sep 03, 2014

    U.S. raw steel output totaled an estimated 1,913,000 net tons last week, down 1 percent from 1,932,000 tons the previous week, as mills operated at an average capacity utilization rate of 79.5 percent.

  • Preliminary margins set vs. China wire rod Sep 02, 2014

    U.S. imports of steel wire rod from China are facing preliminary anti-dumping margins of 106.19 to 110.25 percent following an affirmative dumping determination by the U.S. Commerce Department.

  • Sandvik divests distribution assets Sep 02, 2014

    Sandvik Materials Technology is divesting its distribution business in Australia and New Zealand to Vulcan Steel Ltd. with the deal expected to close in October.

  • Nucor said mulling Gallatin Steel acquisition Sep 02, 2014

    Nucor Corp. may be considering an acquisition of Gallatin Steel Co., market sources said.

  • CIT remands Deacero steel wire rod case Sep 02, 2014

    The U.S. Court of International Trade (CIT) has again remanded a Commerce Department anti-dumping ruling regarding wire rod from Mexican producer Deacero SAPI de CV, a move welcomed by the domestic industry.

  • Big River Steel sets date for mill groundbreaking Sep 02, 2014

    Big River Steel LLC plans to hold an official groundbreaking ceremony for its $1.3-billion steel mill near Osceola, Ark., on Sept. 22, a company executive said.

  • Jindal Tubular finalizes PSL North America buy Sep 02, 2014

    Jindal Tubular USA LLC, a subsidiary of India’s Jindal SAW Ltd., has completed its $104-million acquisition of bankrupt large-diameter spiral-weld pipe maker PSL North America LLC.

  • Drilling increases in US, Canada Sep 02, 2014

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

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