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China’s WSP Holdings Ltd. indicated Tuesday that it could be back in the U.S. market as early as next year.
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Aluminum smelter scrap prices dropped a penny across the board this week, as traded volumes recorded a seasonal drop just before Thanksgiving.
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Imports of steel products into the United States fell again in October on a weakening dollar and low domestic prices, according to preliminary data from the U.S. Census Bureau released Tuesday.
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Imports of steel products into the United States fell again in October on a weakening dollar and low domestic prices, according to preliminary data from the U.S. Census Bureau released Tuesday.
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Flat-rolled steel sheet prices are driving higher amid pent-up demand from service center buyers looking to beat tag hikes, combined with the promise of rising scrap costs, buyer sources told AMM.
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Erasteel Inc. will increase prices by 5 percent on all conventional high-speed steel and ASP grades. The price hikes are effective immediately for new inquiries and orders, and effective Jan. 1, 2011, for deliveries of existing orders.
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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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Due to a reporting error, a story in the Nov. 23 edition on Metals USA Holding Corp.’s deal to acquire Eagle Steel Products Inc.’s assets incorrectly identified the location of one of Eagle’s two plants. Its correct location is Jeffersonville, Ind.
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The high-strength and ultra-high-strength steels that have been praised as lifesavers in the manufacturing of the latest automobile models, helping to protect passengers in potentially fatal collisions, is presenting new challenges for rescue workers getting people out.
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The number of drill rigs running in the United States last week declined by eight, led by Oklahoma (down eight), while Canadian drilling activity fell by 11 rigs from the previous week.
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Finland’s public prosecutor has opted to press charges against Outokumpu Oyj and five of its employees for alleged money laundering, the company said.
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U.S. raw steel output increased last week to 1,699,000 net tons as mills operated at an average capability utilization rate of 70.3 percent, up 2.2 percent from 1,662,000 tons the previous week.
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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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Flat-rolled steel sheet prices are driving higher amid pent-up demand from service center buyers looking to beat tag hikes, combined with the promise of rising scrap costs, buyer sources told AMM.
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Century Aluminum Co. is hoping to settle allegations of unfair labor practices at its Hawesville, Ky., smelter before a federal court hears the matter next week, according to union sources.
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The high-strength and ultra-high-strength steels that have been praised as lifesavers in the manufacturing of the latest automobile models, helping to protect passengers in potentially fatal collisions, is presenting new challenges for rescue workers getting people out.
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U.S. raw steel output increased last week to 1,699,000 net tons as mills operated at an average capability utilization rate of 70.3 percent, up 2.2 percent from 1,662,000 tons the previous week.
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The number of drill rigs running in the United States last week declined by eight, led by Oklahoma (down eight), while Canadian drilling activity fell by 11 rigs from the previous week.
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Erasteel Inc. will increase prices by 5 percent on all conventional high-speed steel and ASP grades. The price hikes are effective immediately for new inquiries and orders, and effective Jan. 1, 2011, for deliveries of existing orders.
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Insteel Wire Products Co. has acquired certain assets of Ivy Steel & Wire Inc., a move Insteel said would lower operating costs, expand its footprint and enhance its competitive strength in parts of the United States. The wholly owned subsidiary of Insteel Industries Inc. will pay $51.1 million for the facilities and equipment of Ivy, a welded wire reinforcement and wire products manufacturer.
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Defying the recommendations of their own bargaining committee, unionized workers at ArcelorMittal SA’s tube plant in Shelby, Ohio, narrowly ratified a four-year labor agreement with the steelmaker.
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Defying the recommendations of their own bargaining committee, unionized workers at ArcelorMittal SA’s tube plant in Shelby, Ohio, narrowly ratified a four-year labor agreement with the steelmaker.
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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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The prospects for ratification of a tentative labor agreement at ArcelorMittal SA’s tubular operations in Shelby, Ohio, appeared dim as unionized workers voted Monday.