Steel RSS

  • ThyssenKrupp lights up second furnace in Brazil Dec 10, 2010

    ThyssenKrupp AG is firing up a second blast furnace at its Cia. Siderurgica do Atlantico SA (CSA) integrated steel mill in Rio de Janeiro.

  • SBQ buyers gear for $90/T hike in Jan. Dec 10, 2010

    Hot-rolled and cold-finished steel bar product buyers are preparing for higher prices come January, with many buyer sources agreeing that a $40-per-ton base price increase and a $50-per-ton raw materials surcharge hike scheduled to take effect Jan. 1 likely will be accepted and passed down the supply chain.

  • Global issues could hinder steel rebound OECD Steel Commmittee head Dec 10, 2010

    The situation remains “fluid and challenging” for global steelmakers, according to the steel committee chairman at the Organization for Economic Cooperation and Development (OECD).

  • More opportunities for steel as railroads expand Dec 10, 2010

    Railroad systems are growing and transportation companies are investing more on infrastructure and technology to keep pace with demand and to meet federal safety regulations.

  • AK Mansfield workers ratify 3-year contract extension Dec 10, 2010

    Workers at AK Steel Corp.’s Mansfield, Ohio, operations have ratified a three-year labor contract extension with the company.

  • U.S. Pipe plant running despite strike Dec 10, 2010

    U.S. Pipe & Foundry Co. LLC continues to operate and is meeting customer demand despite a labor strike at the Bessemer, Ala.-based large-diameter ductile iron pipe and fittings plant.

  • US iron and steel trade deficit falls 56% Dec 10, 2010

    The U.S. iron and steel mill product trade deficit fell to $148 million in October, down 56.2 percent from $338 million the previous month, putting the year-to-date deficit at $3.73 billion vs. $1.41 billion in the first 10 months of last year, according to U.S. Bureau of Economic Analysis data released Friday.

  • TK sets $529M for Ala. melt shop, Dec. '12 start Dec 10, 2010

    ThyssenKrupp AG will spend €400 million ($529 million) to build a stainless steel melt shop at its Calvert, Ala., operation, with production expected to start by December 2012, Ekkehard Schulz, the company’s chairman, said Friday at the inauguration of its new processing plant in the southeastern United States.

  • ATI may restart plant if titanium supply slips Dec 10, 2010

    Allegheny Technologies Inc. (ATI) expects its foreign supplies of standard titanium sponge to dry up after 2012, which could trigger a restart at its aerospace sponge plant in Albany, Ore.

  • TK sets $529M for Ala. melt shop, plans Dec. 2012 startup Dec 10, 2010

    ThyssenKrupp AG will spend €400 million ($529 million) to build a stainless steel melt shop at its Calvert, Ala., operation, with production expected to start by December 2012, Ekkehard Schulz, the company’s chairman, said Friday at the inauguration of its new processing plant in the southeastern United States.

  • U.S. Pipe's Ala. plant running, meeting demand despite strike Dec 10, 2010

    U.S. Pipe & Foundry Co. LLC continues to operate and is meeting customer demand despite a labor strike at the Bessemer, Ala.-based large-diameter ductile iron pipe and fittings plant.

  • AK Steel Mansfield workers ratify 3-year contract extension Dec 10, 2010

    Workers at AK Steel Corp.’s Mansfield, Ohio, operations have ratified a three-year labor contract extension with the company.

  • Nucor-Yamato tacking $45/T onto beam hike Dec 09, 2010

    Wide-flange beam prices appear poised to rise $65 per ton in the New Year compared with early December as Nucor-Yamato Steel Co. looks to implement two separate increases.

  • Nucor, SDI hiking rebar, merchant bar prices $45/ton for January [UPDATE] Dec 09, 2010

    Bar product prices are on the rise again as two producers set $45-per-ton hikes, sending buyers scrambling to stock up before the increase takes hold next month.

  • Nucor-Yamato tacking $45/T onto beam hike Dec 09, 2010

    The Blytheville, Ark.-based producer is following rivals in implementing an immediate $20-per-ton increase on all products, including piling, and plans to raise prices an additional $45 per ton Jan. 1.

  • Driller sues Texas tubular suppliers Dec 09, 2010

    SM Energy Co. has fired a legal salvo at several Texas oil country service and supply companies for providing allegedly defective and dangerous products.

  • Plate market gets footing; Nucor joins price boost Dec 09, 2010

    A lagging U.S. market for plate steel products—lagging in terms of demand and in the timing of price hikes relative to flat-rolled steel—is beginning to find its footing as 2010 draws to a close, according to market sources.

  • Driller sues Texas tubular suppliers Dec 09, 2010

    SM Energy Co. has fired a legal salvo at several Texas oil country service and supply companies for providing allegedly defective and dangerous products.

  • Acerinox to send U.S. stainless to Europe Dec 09, 2010

    Acerinox SA plans to divert stainless steel hot-rolled long products from its U.S. plant to Europe to minimize the impact on its customers due to delays on deliveries from its Roldan plant in Ponferrada, Spain, a spokesman said.

  • AK Steel raises flat-rolled prices Dec 09, 2010

    AK Steel Corp., West Chester, Ohio, said Thursday it will attempt to increase current spot market base prices for all carbon flat-rolled steel products by $40 per ton, effective immediately with new orders.

  • USW unhappy with Korea trade deal Dec 09, 2010

    The United Steelworkers union (USW) believes a recently renegotiated free-trade agreement with South Korea will put the United States at a global trade disadvantage by encouraging additional imports from Korea but not allowing U.S. exports to increase in-kind.

  • USW unhappy with Korea trade deal Dec 09, 2010

    The United Steelworkers union (USW) believes a recently renegotiated free-trade agreement with South Korea will put the United States at a global trade disadvantage by encouraging additional imports from Korea but not allowing U.S. exports to increase in-kind.

  • Insteel moving Texas business, cutting 48 jobs Dec 09, 2010

    Insteel Industries Inc. is moving its Texas manufacturing operations from the Houston plant it acquired as part of its purchase of Ivy Steel & Wire Inc.’s assets to the Dayton, Texas, plant it has operated since 1983.

  • USS Canada lockout continues, no end seen near Dec 09, 2010

    The lockout of 900 union-represented workers at U.S. Steel Canada is dragging on with no end in sight, and it appears only an economic turnaround will remove the padlocks from the Hamilton, Ontario, plant’s gates.

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