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A California steel distributor is suing a customer for allegedly failing to pay for $176,066 worth of stainless steel coils.
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Flat-rolled steel processor Berlin Metals LLC has signed a new five-year labor contract with the union representing its warehouse workers.
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The London Metal Exchange plans to merge its Mediterranean and Far East steel billet contracts to create one global price reference, which it says will enable improved price risk management.
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U.S. steel exports in October were basically in line with September figures, largely due to shipments of semi-finished steel to China, according to data from the American Institute for International Steel (AIIS).
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In a leading move, Nucor Corp. is attempting to increase prices on carbon steel plate products by $65 per ton ($3.25 per hundredweight), effective immediately.
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A mill supplier is suing OAO Severstal for nearly $1.4 million for allegedly failing to accept three separate orders of mill rolls earmarked for its Warren, Ohio, operation.
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U.S. steel exports in October were basically in line with September figures, largely due to shipments of semi-finished steel to China, according to data from the American Institute for International Steel (AIIS).
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Raw steel production rose to 1,547,000 net tons last week, while capability utilization also ticked higher, according to the American Iron and Steel Institute, Washington.
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A handful of steel distribution executives foresee that as the economy begins its slow recovery, opportunities to acquire companies, expand product lines or capabilities and grow market share are likely to improve next year.
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Raw steel production rose to 1,547,000 net tons last week, while capability utilization also ticked higher, according to the American Iron and Steel Institute, Washington.
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The Occupational Safety and Health Administration (OSHA) has opened an investigation at Independence Tube in Decatur, Ala., after an employee was seriously injured at the tube mill.
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A mill supplier is suing OAO Severstal for nearly $1.4 million for allegedly failing to accept three separate orders of mill rolls earmarked for its Warren, Ohio, operation.
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A California steel distributor is suing a customer for allegedly failing to pay for $176,066 worth of stainless steel coils.
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The new owners of the former Barzel Industries Inc. have sold the company’s Morrisville, Pa., pipe and tube plant to Allied Tube & Conduit but are said to have kept the company’s other assets.
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Bull Moose Tube Co. is getting a boost from the U.S. war effort in the form of increased tubular production despite the effects of a lagging economy.
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As a result of increased production of natural gas from the Marcellus Shale formation, Baker Hughes Inc. has added two more states to the major state variances in its weekly drill rig count.
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Pipe distributor McJunkin Red Man Corp. is planning to issue $1 billion worth of senior secured notes to raise money to repay debt.
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The oil country tubular goods (OCTG) trade case against imports from China may be grabbing the headlines, but other trade cases continue to percolate through the system.
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Several structural pipe producers have implemented a $50-per-ton increase on their hollow structural sections (HSS), and one said there may be more to come in January.
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Tyler Pipe Co. has reached a new labor agreement with United Steelworkers union (USW) Local 1157, but one of the company’s Texas plants will remain idle at least through next year, according to a company official.
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Wuxi Seamless Oil Pipe Co. Ltd. (WSP) says its threading line in Texas remains on track to be completed in the first quarter of 2010 and shouldn’t be impacted by the current trade cases in the United States against imports of Chinese oil country tubular goods (OCTG).
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The global steel industry might face a period of widening excess capacity during the next few years, the Organization for Economic Cooperation and Development (OECD) Steel Committee warned as it wrapped up its annual meeting in Paris.
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The global steel industry might face a period of widening excess capacity during the next few years, the Organization for Economic Cooperation and Development (OECD) Steel Committee warned as it wrapped up its annual meeting in Paris.
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Wire rod surcharges are poised to rise Jan. 1 as producers move to pass on higher steel costs.