Steel

  • AK Steel slashes Dec. stainless extras Nov 27, 2012

    AK Steel Corp. has followed other large domestic mills in cutting most stainless raw material surcharges in December on the back of lower nickel prices.

  • US raw steel production slips 1.6% Nov 27, 2012

    U.S. raw steel output totaled 1,764,000 net tons last week, down 1.6 percent from 1,792,000 tons the previous week, as mills operated at an average capability utilization rate of 71.4 percent.

  • Chinese steel output drops slightly in mid-Nov. Nov 27, 2012

    China’s crude steel production fell 0.2 percent in mid-November compared with the first 10 days of the month, according to China Iron and Steel Association (Cisa) estimates.

  • Inventories weighing on W. Coast plate market Nov 26, 2012

    A glut of carbon steel plate inventory could continue to drag the West Coast market down through year-end.

  • USS files suit vs. steamfitting contractor Nov 26, 2012

    U.S. Steel Corp. has sued a pipefitting contractor for more than $6.9 million in damages following a 2010 explosion at its coke plant in Clairton, Pa.

  • Issues remain in US-Russia hot-roll deal Nov 26, 2012

    While the United States and Russia have largely agreed on a tentative deal concerning the existing suspension agreement on hot-rolled steel, domestic producers argue that it still stands to favor Russian producers.

  • Calif. firm to buy RG's W.Va. assets for $4.4M Nov 26, 2012

    A Los Angeles-based company has agreed to purchase bankrupt steelmaker RG Steel LLC’s Beech Bottom plant in West Virginia for $4.4 million in cash, according to documents filed in U.S. Bankruptcy Court in Delaware.

  • Commerce reviewing imports of Chinese steel wire hangers Nov 26, 2012

    The Commerce Department’s International Trade Administration (ITA) has initiated a new-shipper review of Hangzhou Qingqing Industry Co. Ltd. and Hangzhou Yingqing Materials Co. Ltd. in an anti-dumping duty order covering imports of steel wire garment hangers from China.

  • Mechel halts steelmaking at Romania, Ukraine plants Nov 26, 2012

    Russian coking coal and steel group Mechel OAO has temporarily halted some steel production at its facilities in Romania and all production at its mill in Ukraine, the company said Friday.

  • ArcelorMittal boosts plate $50/T Nov 26, 2012

    ArcelorMittal USA Inc. has increased published prices for plate products by a minimum of $50 per ton, the company said in a letter to customers dated Nov. 21.

  • Patriot Coal to phase out some coal mine practices Nov 26, 2012

    Bankrupt metallurgical coal producer Patriot Coal Corp. has reached a proposed settlement to phase out and eventually stop all large-scale mountaintop mining in the central Appalachia region in West Virginia, the St. Louis-based miner said.

  • Mexico starts anti-dumping inquiry into Chinese pipe Nov 26, 2012

    The Mexican government has opened an anti-dumping investigation into imports of seamless steel pipe from China.

  • Scrap imports hit 20-month low in October, other raw materials mixed Nov 26, 2012

    China’s imports of ferrous scrap during October plunged to their lowest level since February 2011, while other steelmaking raw materials saw mixed results, according to Chinese customs data.

  • Tata Steel to cut 900 jobs in UK Nov 26, 2012

    India's Tata Steel Ltd. will cut as many as 900 jobs across its U.K. operations as part of a restructuring plan, the company said Friday.

  • Optima seeks captive supply from KES Nov 26, 2012

    Optima Specialty Steel Inc.’s planned acquisition of Kentucky Electric Steel LLC (KES) should give the company better control over its supply chain as it tweaks the Ashland, Ky., facility to add special bar quality (SBQ) round capacity to the mill’s capabilities, the company’s top executive said.

  • US, Canada log drilling gains Nov 26, 2012

    The number of drill rigs running in the United States increased by eight last week.

  • OSHA cites foundry, finishing services firm Nov 26, 2012

    The Occupational Safety and Health Administration (OSHA) has cited Grede Wisconsin Subsidiaries LLC and Lapmaster Precision Finishing Services LLC for alleged safety violations.

  • Calif. firms fighting emission auctions Nov 26, 2012

    Corporations in California are challenging the state’s greenhouse gas cap-and-trade auctions.

  • Sivyer Steel announces new operations chief Nov 21, 2012

    Sivyer Steel Corp. has promoted vice president of operations Tim Mohs to the role of chief operating officer, the company said in a statement Tuesday.

  • USS departure from Košice likely: Slovak leader Nov 21, 2012

    U.S. Steel Corp. will likely exit its steelmaking plant at Košice, Slovakia, though it would be better for the surrounding region’s stability if the Pittsburgh-based steelmaker remained, Slovak Prime Minister Robert Fico said Tuesday.

  • Carpenter, Sandvik dissolve Swedish powder metal JVs Nov 21, 2012

    Specialty metals and stainless producer Carpenter Technology Corp. and Sandvik Materials Technology, a subsidiary of Swedish industrial conglomerate Sandvik AB, will dissolve their Swedish powder metal joint ventures by the end of the year.

  • TPCO’s pipe-, end-finishing operations set for summer Nov 21, 2012

    TPCO America Corp. plans to have pipe- and end-finishing operations up and running by early next summer at its site in Gregory, Texas, a company spokeswoman said.

  • RG’s worker retention plan approved Nov 21, 2012

    A federal bankruptcy court judge in Delaware has approved RG Steel LLC’s plan to provide a stipend to 21 "key" employees as the bankrupt steelmaker winds down operations at its now-idled mills, according to court documents filed Tuesday.

  • Sheet buyers booking small tonnages Nov 21, 2012

    Although the spot market was quiet in the days leading up to the Thanksgiving holiday, sheet buyers said that they have been purchasing small volumes of flat-rolled products on an as-needed basis.

Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results