Steel RSS

  • US plate market said bouncing along bottom Nov 02, 2012

    U.S. plate prices slid in the past week as mills lowered their offers to attract buyers amid depressed demand.

  • Dunkirk Steel, union continue to hash out labor agreement Nov 01, 2012

    Dunkirk Specialty Steel LLC and union leaders are continuing negotiations on a new five-year labor agreement as employees continue to work under the terms an existing contract that expired late Wednesday.

  • Steel sheet tags up on scrap outlook, order rise Nov 01, 2012

    Domestic steel sheet prices continue to inch higher as mills collect a portion of their announced $40-per-ton price hikes, with some market players forecasting that a second increase is just around the corner.

  • Russel Metals upbeat on energy tubular mart Nov 01, 2012

    Russel Metals Inc. is optimistic about the continued strength of demand in the tubular market.

  • Posco, Noble drop bid for Australia's Arrium Nov 01, 2012

    A consortium led by Hong Kong’s Noble Group Ltd. and Pohang, South Korea-based steelmaker Posco Ltd. has decided to walk away from Arrium Ltd. after the Australian iron ore and steel producer rejected its improved takeover bid.

  • Latin American seamless pipe production to hit record in 2012 Nov 01, 2012

    Production of seamless steel pipe in Latin America is expected to reach an all-time high this year, according to figures released by the region's steel association, Alacero.

  • Severstal NA mill scrap buyer resigns Nov 01, 2012

    Andre Pujadas has resigned as Severstal North America Inc.’s North American purchasing manager for scrap and metallics, and purchasing vice president David Howard will assume his responsibilities, according to a company spokeswoman.

  • Latin America's flat, long steel output to rise in 2012 Nov 01, 2012

    Flat steel output in Latin America is expected to increase 3 percent in 2012 from last year, driven by hikes in Chile, Brazil and Mexico, according to figures disclosed by steel association Alacero.

  • E&H buys Indiana Steel & Tube for $5.7M Nov 01, 2012

    A bankruptcy court judge in Indiana has approved the sale of Indiana Steel & Tube Inc. to E&H Tubing Inc. for nearly $5.7 million, according to court records.

  • Deacero challenges Commerce decision Oct 31, 2012

    Mexican steelmaker Deacero SA de CV has challenged a determination by the Commerce Department that imports of 4.75-millimeter steel wire rod from Mexico are subject to the same dumping duties as 5-mm material.

  • ITC launches sunset review on hot-rolled steel Oct 31, 2012

    The U.S. International Trade Commission has instituted a five-year review on whether revocation of countervailing duty orders on hot-rolled steel products from India, Indonesia and Thailand and revocation of anti-dumping duty orders on imports from those three nations as well as China, Taiwan and Ukraine would likely lead to a continuation or recurrence of material injury to the domestic industry.

  • Corrosion-resistant steel hearing postponed Oct 31, 2012

    The U.S. International Trade Commission has postponed a Nov. 1 sunset review hearing on anti-dumping and countervailing duties on corrosion-resistant flat steel products from Germany and South Korea.

  • Court orders Tatano to pay Charter $300,000 Oct 31, 2012

    Tatano Wire & Steel Inc. has been ordered to pay nearly $300,000 to Charter Manufacturing Co. Inc. after allegedly failing to pay for steel it received from Charter.

  • Ohio Senate bill seeks OCTG origin disclosure Oct 31, 2012

    A bill introduced into the Ohio Senate by a group of Republican legislators aims to require operators and pipeline companies to disclose where their steel pipes was manufactured.

  • ArcelorMittal income narrows in Americas unit Oct 31, 2012

    ArcelorMittal SA’s operations in North America were hit by lower selling prices in the third quarter as global economic uncertainties continued to wallop the company, according to earnings data released Wednesday.

  • AMM pricing database updated Oct 31, 2012

    Due to a server disruption caused by Hurricane Sandy, the pricing database at amm.com/pricing was not fully updated between Oct. 29 and Nov. 4. Server service has since been restored and the pricing database has been updated retroactively.

  • Kim named president of steelmaker UPI Oct 31, 2012

    Kevin Kwang Soo Kim has been named the new top executive at USS-Posco Industries (UPI), marking the first time UPI will be headed by an executive from South Korean partner Posco Corp.

  • Welded Tube of Canada picks NY for $50M mill Oct 31, 2012

    Welded Tube of Canada Ltd. will invest $50 million to build a new pipe mill serving the energy sector at a former Bethlehem Steel site in Lackawanna, N.Y.

  • Scrap trade gears up in Sandy's aftermath Oct 31, 2012

    Hurricane Sandy has managed to bring parts of the East Coast to a screeching halt, but it appears unlikely the storm’s aftermath will disrupt the monthly ferrous scrap trade, which most sources say looks set to begin later this week at a premium to October’s levels.

  • USS finishes Gary Works blast furnace maintenance Oct 31, 2012

    U.S. Steel Corp. has finished a “significant” maintenance outage at the No. 14 blast furnace at its Gary (Ind.) Works and is close to wrapping up several other major capital projects, company executives said.

  • Raymond Kalouche taking reins at TMS Oct 31, 2012

    TMS International Corp. is promoting Raymond Kalouche to president and chief executive officer.

  • USS warns on imports, threatens complaint Oct 31, 2012

    U.S. Steel Corp. is keeping a close eye on imports of flat-rolled and tubular products, particularly from South Korea, and may file a trade complaint if it deems it necessary, company executives said.

  • Steel, distribution urges regulatory, tax reform Oct 31, 2012

    The failure of both Washington and local governments to give a clear message on economic, tax and regulatory issues continues to discourage investment in steel, manufacturing and metal distribution, executives charged this week.

  • Metals firms weather storm, assess damage Oct 30, 2012

    Metals companies spent Tuesday assessing the impact of former Hurricane Sandy, which left a wide swath of flooding, power outages and road and bridge closures along much of the East Coast.

Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results