Steel RSS

  • Evraz Claymont eyes benefits of DelaWind plan Nov 20, 2009

    The nation’s move toward a green economy could mean some green—in the form of cash—for Evraz Claymont Steel.

  • Steel of W.Va. is laying off 53 workers for slow winter Nov 20, 2009

    The traditional winter construction lag is prompting Steel of West Virginia Inc. to lay off 15 percent of its employees.

  • Nippon Steel Trading America files lawsuit over tinplate order Nov 20, 2009

    Nippon Steel Trading America Inc. is suing a customer for breach of contract, alleging it hasn’t been paid for a tinplate order.

  • Evraz Claymont eyes benefits of DelaWind plan Nov 20, 2009

    The nation’s move toward a green economy could mean some green—in the form of cash—for Evraz Claymont Steel.

  • World steel output jumps as China offsets US cuts Nov 20, 2009

    World crude steel production, which had been sinking along with the global economy for most of the past year, logged a year-on-year gain in October for the second consecutive month, according to the latest figures from the World Steel Association (WorldSteel).

  • Steel blank manufacturer Shiloh amends $80M credit line Nov 19, 2009

    Automotive steel blank manufacturer Shiloh Industries Inc. has completed a fourth amendment to its credit and security agreement with a syndication of lenders.

  • AK Steel raising spot prices Jan. 1 Nov 19, 2009

    AK Steel Corp. said late Thursday it will increase spot prices for its carbon steel products effective Jan. 1.

  • Timken elects Ballbach to board Nov 19, 2009

    Timken Co. has elected John M. Ballbach to its board of directors.

  • Trial nears on ‘false steel test’ charges Nov 19, 2009

    Jury selection is under way for the trial of Testwell Laboratories Inc., Ossining, N.Y., and company employees accused of falsifying test results for concrete and structural steel used in several high-visibility building projects in New York City.

  • Trial nears on ‘false steel test’ charges Nov 19, 2009

    Jury selection is under way for the trial of Testwell Laboratories Inc., Ossining, N.Y., and company employees accused of falsifying test results for concrete and structural steel used in several high-visibility building projects in New York City.

  • Ferrous scrap export tags leap up to $20/T Nov 19, 2009

    Ferrous scrap prices have risen at East Coast docks as the big exporters begin amassing tonnage to fill new orders from Turkey, with West Coast prices also driving higher.

  • Ameristeel, Canada strikers to resume talks Nov 19, 2009

    Representatives from Gerdau Ameristeel Corp. and the United Steelworkers union are scheduled to meet Dec. 2 to resume talks to try to settle a six-month-long strike at the company’s bar mill in Cambridge, Ontario.

  • Ameristeel, Canada strikers to resume talks Nov 19, 2009

    Representatives from Gerdau Ameristeel Corp. and the United Steelworkers union are scheduled to meet Dec. 2 to resume talks to try to settle a six-month-long strike at the company’s bar mill in Cambridge, Ontario.

  • Severstal prepping some idled US mills for restart Nov 19, 2009

    Some of OAO Severstal’s North American steelmaking operations, which have been idled for several months, are now scheduled to be back in operation before year-end.

  • PTC Alliance gets additional financing for Ch. 11 process Nov 19, 2009

    PTC Alliance Corp. has obtained additional financing to assist in funding its Chapter 11 bankruptcy restructuring.

  • Tubulars maker PTC Alliance gets additional financing for Ch. 11 restructuring Nov 19, 2009

    PTC Alliance Corp. has obtained additional financing to assist in funding its Chapter 11 bankruptcy restructuring.

  • JFE, JSW considering joint steel production in India Nov 19, 2009

    Japan’s JFE Steel Corp. and India’s JSW Steel Ltd. might join forces to build a greenfield steel plant in West Bengal state and cooperate in producing auto steel under a strategic partnership announced Thursday.

  • Japan’s crude steel output rises 6.4% Nov 19, 2009

    Japan’s crude steel output continued to grow in October, reaching 8.79 million tonnes, according to the Japan Iron and Steel Federation (JISF).

  • Global Price Watch Nov 19, 2009

    Turkish billet exporters have boosted offers to $430 per tonne f.o.b. main Turkish port for December melting amid higher ferrous scrap prices, up from bookings at $410 to $420 per tonne last week, although they have yet to attract new business due to weak demand, market participants said. “Prices have risen due to high ferrous scrap costs rather than a pickup in demand,” one trader in Turkey said.

  • Electrode shortfall looms, steel unfazed Nov 19, 2009

    A looming shortage of needle coke might constrain the supply of electrodes when the recession is over and steelmaking output fully recovers, according to coke and graphite electrode producer sources.

  • Electrode shortfall said looming, steel unfazed Nov 19, 2009

    A looming shortage of needle coke might constrain the supply of electrodes when the recession is over and steelmaking output fully recovers, according to coke and graphite electrode producer sources.

  • Pacific Coast seeks over $200M in suit Nov 18, 2009

    Reinforcing steel contractor Pacific Coast Steel (PCS), majority-owned by Gerdau Ameristeel Corp., is seeking more than $200 million in a 12-count lawsuit.

  • Ludlum following stainless hikes Nov 18, 2009

    ATI Allegheny Ludlum Corp. plans to raise stainless steel product base prices beginning Jan. 4.

  • Pacific Coast seeks over $200M in suit vs. former exec Nov 18, 2009

    Reinforcing steel contractor Pacific Coast Steel (PCS), majority-owned by Gerdau Ameristeel Corp., is seeking more than $200 million in a 12-count lawsuit.

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