Steel

  • War of words between importers, domestic steelmakers gets louder Nov 13, 2007

    The war of words that flashed to life Monday between U.S. steel importers and domestic steel producers continued in earnest Tuesday.

  • Magna seen in prime position for Russia play Nov 13, 2007

    Canadian auto parts titan Magna International Inc. likely will expand its presence in Russia to take advantage of the country’s growing middle class, according to one industry expert.

  • Steel on track to spend $10.5M on lobbying this year Nov 13, 2007

    Lobbying expenditures for the first half of 2007 are in, and the steel industry as a whole is poised to spend even more money than it did in 2006, according to data provided by the Center for Responsive Politics.

  • Magna seen in prime position for Russia play Nov 13, 2007

    Canadian auto parts titan Magna International Inc. likely will expand its presence in Russia to take advantage of the country’s growing middle class, according to one industry expert.

  • Steel shows some flexibility on climate change bill Nov 13, 2007

    While the American Iron and Steel Institute disagrees with much of a bill that would create a cap-and-trade program to reduce greenhouse gas emissions, the steel industry is not “just saying no,” Andrew G. Sharkey III, AISI president and chief executive officer, told the Senate Committee on Environment and Public Works Tuesday.

  • SDI months away from deciding on W. Coast flat-rolled mill Nov 13, 2007

    Steel Dynamics Inc. is at least 18 months away from deciding whether it will build a flat-rolled mill on the West Coast.

  • War of words between importers, steelmakers gets louder Nov 13, 2007

    The war of words that flashed to life Monday between U.S. steel importers and domestic steel producers continued in earnest Tuesday.

  • OmniSource buy may soften scrap price swings Busse Nov 13, 2007

    Steelmaker Steel Dynamics Inc. (SDI) bought scrap processor OmniSource Inc. as a way to soften scrap price swings, cut scrap transportation costs and trim working capital by lowering scrap inventories, not to boost mill profits at the expense of a supplier, according to Keith Busse, SDI’s president and chief executive officer.

  • Siemens to replace AOD vessels at Nirosta plant Nov 13, 2007

    Siemens Metals Technologies, a unit of Siemens AG in Linz, Austria, recently received an order from stainless steel producer ThyssenKrupp Nirosta GmbH to replace two argon-oxygen decarburization (AOD) converters at its plant in Krefeld, Germany.

  • Avtron inks distribution deal with Shinhan Nov 13, 2007

    Avtron Manufacturing Inc., Independence, Ohio, said it has signed an encoder distribution contract with Shinhan Scientific Co. Ltd., Seoul, South Korea.

  • Ludlum lifts electrical steel charge Nov 13, 2007

    Allegheny Ludlum Corp., a subsidiary of Allegheny Technologies Inc., Pittsburgh, plans to increase its surcharge on silicon electrical steel products to $390 a ton ($19.50 per hundredweight) for December, up from $385 a ton ($19.25 cwt) this month and $379 a ton ($18.95 cwt) in October.

  • Ugitech USA adding two stocking locations in N. America Nov 13, 2007

    Specialty steels provider Ugitech USA, Doylestown, Pa., is expanding its distribution network by adding stocking locations in Cleveland and Toronto.

  • Ludlum lifts electrical steel surcharge to $390/T Nov 13, 2007

    Allegheny Ludlum Corp., a subsidiary of Allegheny Technologies Inc., Pittsburgh, plans to increase its surcharge on silicon electrical steel products to $390 a ton ($19.50 per hundredweight) for December.

  • ArcelorMittal orders Achieva system for Indiana Harbor Nov 13, 2007

    ArcelorMittal has placed an order with Industrial Automation Services (IAS), Aliquippa, Pa., for the design, supply and commissioning of a zinc coating mass control system (Achieva Coating Control) for the No. 2 hot-dip galvanizing line at its Indiana Harbor Works in East Chicago, Ind.

  • U.S. steel import applications up 8% in October Nov 13, 2007

    Steel import permit applications for October totaled 2.41 million tonnes, an 8 percent increase from the 2.166 million tonnes recorded in September, according to the latest data from the U.S. government’s Steel Import Monitoriting and Analysis System.

  • USS’ coke, energy proposals at Granite City move forward Nov 12, 2007

    Two environmental meetings passed with no public objections to plans by U.S. Steel Corp., Pittsburgh, to build a cogeneration boiler and a coke plant and coking coal conveyor near its Granite City, Ill., plant.

  • Ripped by AIIS report, US steel returns favor Nov 12, 2007

    Over the past seven years, the U.S. steel industry has benefited from $16.8 billion in subsidies and trade restraints, according to a report by an association representing steel importers.

  • Siemens receives orders from three plate mills Nov 12, 2007

    Siemens Metals Technologies, a division of Siemens AG, Linz, Austria, has received orders from three steel plate mills in Asia.

  • Brazil distributors’ sales up 26% in first nine months Nov 12, 2007

    Steel sales by distributors affiliated with the National Institute for Steel Distributors (Inda) reached 2.45 million tonnes in January-September 2007, up 26.1 percent from the same 2006 period, the institute said Monday.

  • Ripped by AIIS report, US steel returns favor Nov 12, 2007

    Over the past seven years, the U.S. steel industry has benefited from $16.8 billion in subsidies and trade restraints, according to a report by an association representing steel importers.

  • USS’ coke, energy plans in Ill. moving forward Nov 12, 2007

    Two environmental meetings passed with no public objections to plans by U.S. Steel Corp., Pittsburgh, to build a cogeneration boiler and a coke plant and coking coal conveyor near its Granite City, Ill., plant.

  • Magna, Chrysler deny Russian connection Nov 12, 2007

    Canada’s Magna International Inc. plans to build a $500-million plant in Russia to assemble cars made by Chrysler LLC, according to Russian media, but both Magna and Chrysler have disputed the reports.

  • Claymont sees troubles behind, growth ahead Nov 12, 2007

    Things are looking brighter for Claymont Steel LLC after a dark third quarter.

  • Mills holding line on beams, distributors moan Nov 12, 2007

    Prices for wide-flange steel beams will end the year steady as service centers struggle to enjoy a strong market as much as the mills.

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