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GrafTech International Ltd. said Tuesday it has finalized its acquisition of Seadrift Coke LP and C/G Electrodes LLC in a $692-million deal that increases its market share and captures a source of its key raw material.
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U.S. Steel Corp. is immediately increasing prices on electric resistance welded (ERW) standard and line pipe by $75 per ton ($3.75 per hundredweight), the steelmaker said in a letter to customers dated Tuesday.
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Jeffrey M. Lipton retired from U.S. Steel Corp.’s board of directors effective Tuesday, according to a company filing with the U.S. Securities and Exchange Commission (SEC).
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West Coast flat-rolled steel producers have kicked off yet another round of increases after already successfully raising prices once since they recently bottomed out.
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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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A Canadian truck driver was killed when a tractor trailer struck him at ArcelorMittal SA’s tubular mill in Shelby, Ohio, local police said.
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The number of drill rigs running in the United States last week increased by 10, led by Oklahoma (up 10), while Canadian drilling activity decreased by three rigs from the previous week.
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Steel prices and production levels are poised to rise in 2011 even though healthier demand won’t initially be felt in producers’ pocketbooks, two steel analysts said, adding that construction markets will continue to disappoint.
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U.S. raw steel output declined last week to 1,652,000 net tons as mills operated at an average capability utilization rate of 68.3 percent, down 2.8 percent from 1,699,000 tons the previous week.
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North American carbon flat-rolled steel prices are heading for yet higher ground as producers set additional hikes that will lift hot-rolled sheet to about $610 per ton.
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The Pittsburg, Calif.-based large diameter line pipe maker may lay off more than 100 employees a week before Christmas, according to documents filed with the state of California.
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A Canadian truck driver was killed when a tractor trailer struck him at ArcelorMittal SA’s tubular mill in Shelby, Ohio, local police said.
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Western Canadian structural steel fabricator Empire Industries Ltd. recorded an $8-million goodwill write-down in the third quarter due to the closure of its Burnaby fabrication shop.
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The move is part of the St. Louis-based miner’s plan to increase its foothold in China, Indonesia, Mongolia and Singapore. In the past year, the company has expanded its coal trading activities and opened trading offices in Jakarta and Singapore.
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U.S. Steel Corp. is immediately increasing prices on electric resistance welded (ERW) standard and line pipe by $75 per ton ($3.75 per hundredweight), the steelmaker said in a letter to customers
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Steel prices and production levels are poised to rise in 2011 even though healthier demand won’t initially be felt in producers’ pocketbooks, two steel analysts said, adding that construction markets will continue to disappoint.
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U.S. Steel Corp., in a leading move, is reportedly attempting to push carbon steel prices higher.
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U.S. Steel Corp., in a leading move, is reportedly attempting to push carbon steel prices higher.
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United Spiral Pipe LLC (USP) has its third president in almost as many years, with Patrick J. Mullarkey named to head the large-diameter spiral-weld pipe maker on Nov. 15.
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United Spiral Pipe LLC (USP) has its third president in almost as many years, with Patrick J. Mullarkey named to head the large-diameter spiral-weld pipe maker on Nov. 15.
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An enigmatic claim by Chinese steelmaker Baosteel Group Corp. that it attended a launch meeting for an Alaskan pipeline has been removed from the Shanghai-based company’s Web site.
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Clarence “Mac” McAninch, the founder and recently retired chairman of Universal Stainless & Alloy Products Inc., passed away Nov. 27 following a brief illness, the company announced.
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An enigmatic claim by Chinese steelmaker Baosteel Group Corp. that it attended a launch meeting for an Alaskan pipeline has been removed from the Shanghai-based company’s Web site.
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Steel Dynamics Inc.’s Mesabi Nugget plant was expected to start rolling out iron units again after the facility was taken down for a two-week maintenance outage.