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PTC Alliance Corp. jumped into the mix of pipe and tube mills clamoring for a pre-holiday price hike.
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Unionized workers at ArcelorMittal SA’s tube plant in Shelby, Ohio, narrowly ratified a four-year labor agreement with the steelmaker, defying the recommendations of their own bargaining committee.
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China’s WSP Holdings Ltd. indicated that it could be back in the U.S. market as early as next year.
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Northwest Pipe Co. sees steel prices on the upswing, management said in its first earnings conference call in more than a year.
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United Spiral Pipe LLC’s new president, Patrick J. Mullarkey, may soon be overseeing a much smaller workforce than his predecessor.
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TMK Ipsco is immediately increasing prices on electric resistance welded (ERW) standard and line pipe products by a minimum of $75 per ton ($3.75 per hundredweight).
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U.S. Steel Corp. has boosted transaction prices on oil country tubular goods (OCTG) by between $75 per ton ($3.75 per cwt) and $100 per ton ($5.00 per cwt).
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Steelmakers serving the energy market are facing fallout from a New York State ban on hydraulic fracturing in the state until mid-May 2011.
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Today’s edition of Perspectives Steel Tube & Pipe is the last you will receive in stand-alone format.
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Perspectives always thought the first quarter of the year was a time of hope. The typical seasonal end-of-year slowdown is over. Service centers and distributors have a whole year to buy and sell. They restock, driving up prices and mill utilization rates.
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Imports of most pipe and tube products to the United States tailed off in November as distributors seek to slash inventories to avoid year-end taxes and questions about demand continue to linger over many sectors of the market.
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U.S. Steel Corp. is said to be gathering information in advance of a possible trade petition against imports of oil country tubular goods (OCTG) from South Korea, according to traders and distributors.
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Pipe and tube makers rushed to increase prices last week for a host of products, and some market players suggested more price hike announcements might be on tap for next week.
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AK Steel Corp. is lowering surcharges on most of its stainless and electrical steel products in January, in step with softer nickel prices in November.
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Steel import permit applications fell for the fourth consecutive month in November, which industry sources say is to be expected given the country’s current economic course.
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Steel import permit applications fell for the fourth consecutive month in November, which industry sources say is to be expected given the country’s current economic course.
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Steel activity in the manufacturing-intensive districts of the Federal Reserve Bank system remained steady over the past two months, as inventories stayed lean amid rising prices.
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West Coast buyers of carbon steel plate are expecting another price hike as a recent increase appears to be sticking.
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U.S. Steel Corp. and Japan’s Kobe Steel Ltd. confirmed Thursday a roughly $400-million capital committment to joint venture Pro-Tec Coating Co.
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Steel activity in the manufacturing-intensive districts of the Federal Reserve Bank system remained steady over the past two months, as inventories stayed lean amid rising prices.
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TMK Ipsco is immediately increasing prices on electric resistance welded (ERW) standard and line pipe products by a minimum of $75 per ton ($3.75 per hundredweight).
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U.S. Steel Corp. has boosted transaction prices on oil country tubular goods (OCTG) by between $75 per ton ($3.75 per cwt) and $100 per ton ($5.00 per cwt).
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West Coast buyers of carbon steel plate are expecting another price hike as a recent increase appears to be sticking.
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John Goodish, U.S. Steel Corp.’s executive vice president and chief operating officer, will officially retire Dec. 31 after 40 years with the company.