Steel RSS

  • China’s WSP Holdings may be returning to US market in 2011 Nov 23, 2010

    China’s WSP Holdings Ltd. indicated Tuesday that it could be back in the U.S. market as early as next year.

  • Aluminum smelter scrap prices drop Nov 23, 2010

    Aluminum smelter scrap prices dropped a penny across the board this week, as traded volumes recorded a seasonal drop just before Thanksgiving.

  • Steel imports slump on weakened dollar, low domestic prices Nov 23, 2010

    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.

  • Steel imports slump on weakened dollar, low domestic prices Nov 23, 2010

    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.

  • Flat-roll steel prices rise, more gains expected Nov 23, 2010

    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.

  • Erasteel hiking high-speed steels Nov 23, 2010

    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.

  • USW ratifies Shelby tube plant pact Nov 23, 2010

    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.

  • Correction Metals USA enters deal to purchase Eagle Steel Products assets Nov 23, 2010

    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.

  • High-strength steels in vehicles often too tough for Jaws of Life Nov 23, 2010

    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.

  • US, Canadian drilling decrease Nov 23, 2010

    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.

  • Outokumpu faces Finnish money laundering charge Nov 23, 2010

    Finland’s public prosecutor has opted to press charges against Outokumpu Oyj and five of its employees for alleged money laundering, the company said.

  • Raw steel capability utilization tops 70 percent Nov 23, 2010

    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.

  • USW ratifies Shelby tube plant contract in tight vote [UPDATE] Nov 23, 2010

    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.

  • Flat-roll steel tags rise, more gains expected Nov 23, 2010

    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.

  • Century looks to settle labor dispute Nov 23, 2010

    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.

  • Unintended side effect of high-strength steels brings challenge Nov 23, 2010

    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.

  • Raw steel capability utilization tops 70% Nov 23, 2010

    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.

  • US, Canadian drilling decrease Nov 23, 2010

    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.

  • Erasteel hiking prices on high-speed steels Nov 23, 2010

    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.

  • Insteel acquires assets from Ivy in $51.1M deal Nov 22, 2010

    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.

  • BREAKING NEWS ArcelorMittal's Shelby plant workers ratify labor deal Nov 22, 2010

    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.

  • BREAKING NEWS ArcelorMittal's Shelby plant workers ratify labor deal Nov 22, 2010

    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.

  • PTC lifts cold seamless tube 4 percent Nov 22, 2010

    PTC Alliance Corp. jumped into the mix of pipe and tube mills clamoring for a pre-holiday price hike.

  • Steelworkers in Shelby labor deal vote Nov 22, 2010

    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.

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