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The innovative use of high-strength steels in concrete mixers has earned Spain’s Baryval Serviplem SA a $15,700 prize.
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ArcelorMittal has been fined by state safety officials for alleged violations related to a molten metal accident at the company’s Burns Harbor, Ind., facility that left seven workers injured.
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Consolidated Thompson Iron Mines Ltd. has begun development work at its Canadian $410-million Bloom Lake iron ore project.
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Producers of structural steel tubing are trying once again to boost prices following a failed attempt earlier this year, buyers on the West Coast said.
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Prices paid for the U.S. auto industry’s factory bundles rose an average of $15 a long ton in buying that ended late Friday as steelmakers fought to secure supplies of prime industrial scrap, recouping part of the $25-a-ton decline seen last month to put the AMM Factory Bundles Index at $298 a ton for December.
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Steel Dynamics Inc. (SDI), Fort Wayne, Ind., has completed a deal to buy approximately 6,000 acres of land on the Mesabi Iron Range where it plans to build and operate an iron nugget-making plant.
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After weeks of speculation, Qi Xiangdong, vice secretary of the China Iron and Steel Association (Cisa), has refuted reports that the country’s finance ministry has decided to increase steel export tax rates effective Jan. 1.
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Steel Dynamics Inc., Fort Wayne, Ind., has completed a deal to buy approximately 6,000 acres of land on the Mesabi Iron Range where it plans to build and operate an iron nugget-making plant.
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The innovative use of high-strength steels in concrete mixers has earned Spain’s Baryval Serviplem SA the Swedish Steel Prize for 2007.
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Producers of structural steel tubing are trying once again to boost prices following a failed attempt earlier this year, buyers on the West Coast said.
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Consolidated Thompson Iron Mines Ltd. has begun development work at its Canadian $410-million Bloom Lake iron ore project.
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Producers of oil country tubular goods (OCTG) are aiming to boost prices by $50 to $100 per ton on a range of carbon and alloy products in advance of expected increases in Chinese prices, market sources said Friday.
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Producers of oil country tubular goods (OCTG) are aiming to boost prices by $50 to $100 per ton on a range of carbon and alloy products in advance of expected increases in Chinese prices, market sources said Friday.
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Flat-rolled stainless steel users are unlikely to see much change in January surcharges, with service center managers estimating a mere few cents difference vs. December, although views are mixed on whether those few cents would be a shift up or down.
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The domestic steel industry is encouraged, but not entirely satisfied, by news that the Chinese will voluntarily end a dozen subsidy programs challenged by the U.S. government.
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U.S. imports of stainless steel declined in October, a situation that’s likely to continue for a couple of months before levels pick back up again, sources said.
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Flat-rolled stainless steel users are unlikely to see much change in January surcharges, with service center managers estimating a mere few cents difference vs. December, although views are mixed on whether those few cents would be a shift up or down.
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The United Steelworkers union said that 53,000 retirees and their surviving spouses who lost health-care coverage in the bankruptcies of four steel companies are getting extra financial help with their Medicare Part B premiums.
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Dofasco Inc., Hamilton, Ontario, has changed its name to ArcelorMittal Dofasco Inc., effective immediately.
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The United Steelworkers union said that 53,000 retirees and their surviving spouses who lost health-care coverage in the bankruptcies of four steel companies are getting extra financial help with their Medicare Part B premiums.
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Dofasco Inc., Hamilton, Ontario, has changed its name to ArcelorMittal Dofasco Inc., effective immediately.
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Two major Chinese steel industry players have laid plans to supply hot-rolled product to subsidiaries of South Korea’s Hyundai Motor Group.
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Vallourec & Mannesmann Tubes Corp. (V&M Tubes), Houston, has boosted transaction prices on oil country tubular goods between $50 and $100 a ton, depending on product.
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The Chinese government has agreed to eliminate subsidies on a number of industries, including steel, within a month, U.S. Trade Representative Susan Schwab said Thursday.