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Executives of Claymont Steel Holdings Inc., Claymont, Del., will meet with state environmental officials in coming days as the steelmaker continues to formulate a plan to reduce mercury emissions.
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Two contract workers were killed and four others injured in an accident at the construction site of Cia. Siderúrgica de Tubarão’s (CST’s) new No. 3 blast furnace.
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Renewing its call for action to address China’s pegged currency, the National Association of Manufacturers’ newly formed U.S.-China Business Relations Task Force met with Treasury Secretary Henry M. Paulson Jr., Commerce Secretary Carlos M. Gutierrez and U.S. Trade Representative Susan C. Schwab Monday.
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Executives of Claymont Steel Holdings Inc., Claymont, Del., will meet with state environmental officials in coming days as the steelmaker continues to formulate a plan to reduce mercury emissions.
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Stainless steel buyers will pay a little less in January, with surcharges on flat-rolled material poised to fall—although perhaps not as much as anticipated.
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AK Steel Corp., Middletown, Ohio, is increasing its electrical steel surcharge to $150 a ton in January from $135 this month. November’s surcharge was $190 a ton.
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The growing demand both from steel buyers and producers for tools to manage price risk demonstrates the need for a steel futures contract, according to Nasser Alaghband, joint chief executive officer of London-based trading house Balli Group Plc.
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Buying activity for carbon flat-rolled steel products remains in a deep freeze, leading to steel price slippage, market sources said.
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Buying activity for carbon flat-rolled steel products remains in a deep freeze, leading to steel price slippage, market sources said.
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A small group of U.S. congressmen will visit Brazilian pig iron producers this week following international reports of the use of slave labor in the pig iron sector.
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China is expected to produce 520 million tonnes of crude steel in 2010, roughly 100 million tonnes more than the likely total for 2006, according to figures from the China Iron and Steel Planning Institute.
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Timken Co., Canton, Ohio, has been contracted by a European company to supply locomotive parts.
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Timken Co., Canton, Ohio, has been contracted by a European company to supply locomotive parts.
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The London Metal Exchange is looking to introduce a financial tool to trade steel futures in 2007, according to Liz Milan, the exchange’s project director for steel.
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Italian steelmaker Acciaieria Arvedi SpA has talked with steelmakers outside Europe about licensing technology that would enable them to produce strip from liquid steel in an unbroken process.
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U.S. raw steel production totaled 1,865,000 tons during the week ended Dec. 2, a 3.1-percent increase from 1,809,000 tons the previous week, as mills operated at an average capability utilization rate of 79.8 percent. Only the Northeast and the Detroit region saw output decline.
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The number of drill rigs running in the United States rose by 20 during the week ended Dec. 1, with West Virginia posting the largest increase (up 14), while Canadian drilling activity fell by 11 rigs.
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The New York Mercantile Exchange and World Steel Dynamics Inc. (WSD), Englewood Cliffs, N.J., have signed a letter of intent to offer the SteelBenchmarker pricing series on the exchange.
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Demand for flat-rolled steel remains sluggish on the West Coast as buyers struggle to work off existing stocks amid falling end-market consumption.
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Plate and tube maker Ipsco Inc., Lisle, Ill., has completed its acquisition of NS Group Inc. after NS Group’s shareholders voted overwhelmingly in favor of the deal Friday.
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Global export prices for hot-rolled coil stand a high chance of rising in the first half of 2007 on a shortage resulting from strong economic growth, according to World Steel Dynamics Inc. (WSD) managing partners Peter F. Marcus and Karlis M. Kirsis.
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The New York Mercantile Exchange and World Steel Dynamics Inc., Englewood Cliffs, N.J., have signed a letter of intent to offer the SteelBenchmarker pricing series on the exchange.
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Global export prices for hot-rolled coil stand a high chance of rising in the first half of 2007 on a shortage resulting from strong economic growth, according to World Steel Dynamics Inc. managing partners Peter F. Marcus and Karlis M. Kirsis.
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Demand for flat-rolled steel remains sluggish on the West Coast as buyers struggle to work off existing stocks amid falling end-market consumption.