Steel RSS

  • Bull Moose Tube getting Defense Department boost Dec 10, 2009

    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.

  • Chinese OCTG hurt Nucor, says DiMicco Dec 10, 2009

    Nucor Corp. may not make oil country tubular goods (OCTG), but that doesn’t mean the steelmaker’s top executive doesn’t have some strong opinions on the matter that he wants the U.S. International Trade Commission (ITC) to hear.

  • ATI stainless hike said not demand driven Dec 09, 2009

    ATI Allegheny Ludlum is increasing prices of its nickel-based alloys and specialty stainless steels, but market participants see little sign of an equivalent upturn in demand.

  • Ludlum stainless base price hike said not demand driven Dec 09, 2009

    ATI Allegheny Ludlum is increasing prices of its nickel-based alloys and specialty stainless steels, but market participants see little sign of an equivalent upturn in demand.

  • Oregon Iron Works lands pact for US wave farm Dec 09, 2009

    Steel fabricator Oregon Iron Works Inc. has landed a major contract to build the first of 10 buoys for the first U.S. commercial wave energy farm, a project that could eventually create as many as 150 new jobs.

  • EPA’s greenhouse gas play before climate talks irks steel Dec 09, 2009

    A foul odor emanating from Washington on greenhouse gas emissions has sparked the ire of some in the U.S. metals industries as they watch the global climate change meetings in Copenhagen.

  • West Coast tubing mills await price cues Dec 09, 2009

    If downstream markets are a clue to the future of flat-rolled steel demand, at least one major market on the West Coast continues to withhold encouraging signals.

  • AK Steel cites higher demand, costs for $30/T sheet hike Dec 09, 2009

    AK Steel Corp. intends to increase spot market prices on carbon sheet products by $30 per ton effective with new orders scheduled for shipment Jan. 1.

  • Climate talks ‘trouble’ for US brass ingot market Dec 09, 2009

    The consequences of the Copenhagen climate talks could be disastrous for the U.S. brass and bronze ingot industry, a sector already struggling to keep a foothold in an increasingly global marketplace, sources warned Wednesday.

  • First Quantum makes $340M bet on Ravensthorpe nickel Dec 09, 2009

    First Quantum Minerals Ltd. has made a $340-million bet that it can succeed where BHP Billiton failed and operate the troubled Ravensthorpe nickel and cobalt operation in Australia, despite doubts about the logic of opening a laterite nickel mine at a time when there is already a market surplus.

  • ArcelorMittal to restart Indiana Harbor SBQ capacity Dec 09, 2009

    ArcelorMittal USA Inc., Chicago, plans to restart the special bar quality line at its Indiana Harbor Long Carbon facility in March, citing “improving market demand.”

  • AK Steel cites higher demand, costs for $30/T sheet hike Dec 09, 2009

    AK Steel Corp. intends to increase spot market prices on carbon sheet products by $30 per ton effective with new orders scheduled for shipment Jan. 1.

  • EPA’s greenhouse gas play before climate talks irks steel Dec 09, 2009

    A foul odor emanating from Washington on greenhouse gas emissions has sparked the ire of some in the U.S. metals industries as they watch the global climate change meetings in Copenhagen.

  • West Coast tubing mills await price cues Dec 09, 2009

    If downstream markets are a clue to the future of flat-rolled steel demand, at least one major market on the West Coast continues to withhold encouraging signals.

  • Auto parts suppliers Industrial Steering, Windsor Machine planning expansions Dec 09, 2009

    Two companies manufacturing metal-intensive automotive and truck parts, one in Ohio and the other in Windsor, Ontario, have announced plans to expand their manufacturing base by establishing facilities in Indiana.

  • Waterborne metals shipments battered by recession Dec 09, 2009

    A falloff in domestic metals demand has had a dramatic impact on barge and waterborne shipments in the United States, shipping experts said at AMM’s Moving Metals Conference in Pittsburgh.

  • Flat-rolled steel prices firming despite tepid demand Dec 08, 2009

    A continued lack of steel demand, a situation many expect will last well into the first quarter, is unlikely to prevent North American steel producers from achieving a price hike of as much as $70 per ton for carbon flat-rolled steel by February, according to market sources, who believe rising costs remain the driver behind the proposed increases.

  • AK Steel hikes Jan. prices another $30/T Dec 08, 2009

    AK Steel Corp. is increasing carbon steel spot prices by another $30 per ton, effective Jan. 1.

  • Steel emphasizes urgency of highway, infrastructure spending Dec 08, 2009

    Steel industry leaders continue to endorse calls by a wide variety of stakeholders for the need to pass a highway bill very soon, which they say would spur long-term job creation in numerous industries, including manufacturing and steel.

  • Steel emphasizes urgency of highway, infrastructure spending Dec 08, 2009

    Steel industry leaders continue to endorse calls by a wide variety of stakeholders for the need to pass a highway bill very soon, which they say would spur long-term job creation in numerous industries, including manufacturing and steel.

  • US raw steel production reverses course Dec 08, 2009

    U.S. raw steel production resumed its upward trend last week, rising 1.3 percent to 1,519,000 tons from 1,499,000 tons the previous week.

  • Drill rig tracking expands to include Marcellus play Dec 08, 2009

    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.

  • Rio Tinto-BHP Billiton iron ore tie called ‘harmful’ to market Dec 08, 2009

    Global competition authorities are being urged to thoroughly examine the impact of a proposed joint venture between iron ore producers Rio Tinto and BHP Billiton.

  • Rail shippers hit by steel’s shift to trucks Dec 08, 2009

    Rail transporters are being negatively impacted in the current economic environment as steel customers are more concerned about delivery times than shipping rates.

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