Steel RSS

  • DiMicco, Gerard join CNBC debate on US manufacturing Dec 03, 2009

    A handful of the nation’s most influential business and government leaders took the stage in Pittsburgh this week to debate the state of manufacturing in America.

  • KeyBanc analyst ups outlook for Haynes Dec 03, 2009

    An analyst has increased his earnings outlook on Haynes International Inc., and maintained a “hold” rating pending greater stability in the demand and pricing environment, improved project financing and leaner end-market supply chains.

  • Posco gets OK for Alabama steel plant Dec 03, 2009

    Posco America Corp., a unit of South Korean steelmaker Posco Ltd., has been given the go-ahead by Alabama state and local development authorities to build a $17-million steel processing plant in Birmingham.

  • DiMicco, Gerard join CNBC debate on US manufacturing Dec 03, 2009

    A handful of the nation’s most influential business and government leaders took the stage in Pittsburgh this week to debate the state of manufacturing in America.

  • Family sues over cold-drawn steel dealings Dec 03, 2009

    Robert A. Billstein Sr. and Robert A. Billstein Jr. have filed a civil complaint against brothers Mark and Gary Goodman, executives at Hercules Drawn Steel Corp.

  • AK slices electrical steel extra $30 per ton for January Dec 03, 2009

    AK Steel Corp. has lowered its surcharge on electrical steel products by $30 per ton for January.

  • Caster Citation Corp. acquires foundry, divests division Dec 03, 2009

    Citation Corp. has acquired Blackhawk Foundry & Machining Co. and sold off its Albion, Ind., facility to Busche Machine. Terms of the separate agreements were not disclosed.

  • Steel import permits down 11% month on month: AISI Dec 02, 2009

    Steel import permit applications for November totaled 1,386,000 net tons, an 11-percent decrease over October’s preliminary imports of 1,560,000 tons, according to the American Iron and Steel Institute (AISI), citing data from the U.S. Commerce Department’s Steel Import Monitoring and Analysis (SIMA) system.

  • Steel import permits down 11% month on month: AISI Dec 02, 2009

    Steel import permit applications for November totaled 1,386,000 net tons, an 11-percent decrease over October’s preliminary imports of 1,560,000 tons, according to the American Iron and Steel Institute (AISI), citing data from the U.S. Commerce Department’s Steel Import Monitoring and Analysis (SIMA) system.

  • Brown-Strauss heads east with buy Dec 02, 2009

    Brown-Strauss Steel’s impending purchase of B-S Steel of Kansas Inc. would be the farthest move east for one of the West’s dominant structurals distributors, while also marking the second recent noteworthy service center takeover in an industry that has lately seen few acquisitions.

  • Scrap mart eyes bang; mills turn eager buyers Dec 02, 2009

    Christmas might come earlier and deliver a bigger bang for ferrous scrap suppliers this year, with industry sources saying many steel mills are anxious to buy.

  • AISI touts transportation bill to White House Dec 02, 2009

    Job creation benefits of the transportation reauthorization bill were highlighted in an American Iron and Steel Institute (AISI) letter to the White House.

  • Commerce told to review stainless bar case Dec 02, 2009

    The U.S. Commerce Department is being ordered by the U.S. Court of International Trade to revisit its research on dumping of stainless steel bar by Indian producers, a decision pleasing to domestic stainless bar producers.

  • AISI touts transportation bill to White House Dec 02, 2009

    Job creation benefits of the transportation reauthorization bill were highlighted in an American Iron and Steel Institute (AISI) letter to the White House.

  • Commerce ordered by CIT to review stainless bar case Dec 02, 2009

    The U.S. Commerce Department is being ordered by the U.S. Court of International Trade to revisit its research on dumping of stainless steel bar by Indian producers, a decision pleasing to domestic stainless bar producers.

  • Canada mulling duties vs. OCTG imports from China Dec 02, 2009

    Canada has added its name to the list of country’s going after China for alleged unfair trade in oil country tubular goods (OCTG).

  • USS Canada, gov’t sign ‘greening’ deal Dec 02, 2009

    U.S. Steel Canada, in an effort to green up the environment, has signed an agreement with the Ontario Ministry of the Environment that will help minimize emissions to air and water and improve waste management.

  • Lakeside Steel plans to raise ERW production in January Dec 02, 2009

    Canada’s Lakeside Steel Inc. plans to increase production in January with the additional of a production shift on its electric-resistance weld (ERW) 2- to 8-inch mill to meet increased demand.

  • US pig iron importers say demand flat Dec 02, 2009

    U.S. pig iron importers said demand is still lackluster and buyers aren’t willing to pay higher prices.

  • Auto parts makers’ optimism slides in Nov. Dec 02, 2009

    The Automotive Supplier Sentiment Index slipped to 68.5 in November from 70.8 in the previous survey as the number of respondents “significantly more optimistic” fell and the number with “unchanged” expectations increased.

  • Lakeside Steel plans to raise ERW production in January Dec 02, 2009

    Canada’s Lakeside Steel Inc. plans to increase production in January with the additional of a production shift on its electric-resistance weld (ERW) 2- to 8-inch mill to meet increased demand.

  • Steel buyers see steady sailing ahead, ISM survey shows Dec 02, 2009

    Steel purchasing managers are seeing some stability in the market for the next three to six months in terms of shipments, inventories, incoming orders and order backlogs.

  • U.S. Steel Canada, gov’t ink ‘greening’ deal Dec 02, 2009

    U.S. Steel Canada, in an effort to green up the environment, has signed an agreement with the Ontario Ministry of the Environment that will help minimize emissions to air and water and improve waste management.

  • Canada mulling action vs. Chinese OCTG imports Dec 02, 2009

    Canada has added its name to the list of country’s going after China for alleged unfair trade in oil country tubular goods (OCTG).

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