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Schulz Xtruded Products LP (SXP) has kicked off pipe production at its new Tunica, Miss., tubular products mill.
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Indian importers have sourced hot rolled coil (HRC) from Iran at lower prices.
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Commercial grade plate offers to India have fallen by almost $25 per tonne for February shipment.
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Iranain iron ore imports have increased significantly in recent years on the back of rising iron ore prices and rising local output levels.
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Australian junior coking coal miner Aquila Resources and joint venture partner Vale are to start developing their Eagle Downs coking coal project in Australia, the miner said on December 21.
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The government-owned Steel Authority of India (SAIL) has commissioned Japan’s Kobe Steel to upgrade its manufacturing facilities and set up a new $400 million iron ore nuggets plant in Durgapur, West Bengal.
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Higher ferrous scrap prices from US suppliers have pushed Turkish billet export prices up by $10 per tonne for January production and delivery.
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British AIM-listed exploration company Beowulf Mining has stopped drilling at its Kallak iron ore project in northern Sweden after being found to not have vaild work permits.
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Turkish merchant bar exporters raised offer prices by $20 per tonne due to higher raw material costs.
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Turkish producers have raised rebar export prices by $20 per tonne to consumers in the Middle East and North Africa (Mena) region on higher ferrous scrap costs.
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Hot rolled coil (HRC) prices for Turkey's domestic market rebounded as concern overt rising scrap prices encouraged traders and stockists to buy.
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Stainless steelmaker Outokumpu has sold its rights to royalties from Western Areas’ Forrestania nickel and precious metals project for €23 million ($30 million), it confirmed on Thursday
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Spot rebar prices in northern China have seen a small rebound over the past two days after billet prices stabilized and spot iron ore prices increased.
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China’s imported iron ore market edged up by $1 on Thursday December 22 as Chinese steel mills continued to replenish their stocks.
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Sahaviriya Steel Industries (SSI) has delayed the opening of its Teesside slab plant for the second time, citing bad weather, strikes and additional works.
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Baosteel Stainless has raised its ferro-chrome bid price for January delivery, in line with rising spot market prices, sources said.
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China's exports of stainless flat products rebounded 19% in November, due to increased demand from Taiwan and South Korea.
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U.S. steel imports continued to fall in October as exports remained mostly steady, although there were signs of volatility at some ports, according to U.S. Census Bureau USA Trade Online data.
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Three more mills have announced hikes on steel tubing tags on the West Coast, making a move to boost prices virtually unanimous in the face of continuing competition from outside the region.
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Evraz Group SA plans to upgrade its Pueblo, Colo., rail production facility and increase output, the Russian steelmaker said Wednesday.
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An increase in flat-rolled steel imports expected to arrive in the middle of next quarter could undermine the recent string of domestic price hikes, but that soon-to-arrive material might begin to appear less attractive if the domestic mills start to undercut their own prices, importers and foreign steel buyers say.
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An administrative review has been issued by the Commerce Department’s International Trade Administration (ITA) regarding its anti-dumping duty order on stainless steel butt-weld pipe fittings from Italy.
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Leggett & Platt Inc. has entered a deal to purchase aerospace components supplier Western Pneumatic Tube Holding LLC.
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Mid-West Materials Inc. has added a new stretcher-leveler to its corrective leveling operations.