Steel

• Aluminum defies trend as most metallics log output gains in November Dec 11, 2012

  Aluminum bucked the rising trend in Chinese metals production in November, with the light metal registering a seven-month low as other metallics reached new heights.

• Long products may see improvements: Irepas Dec 11, 2012

  The long steel market could see fundamentals improve in December as output reductions help to correct a supply/demand imbalance, according to the International Rebar Exporters and Producers Association (Irepas).

• Awards for Steel Excellence nomination process begins Dec 11, 2012

  A call for nominations has been issued for AMM’s fourth annual Awards for Steel Excellence.

• Judge sets EPA-USS hearing date Dec 11, 2012

  A federal judge in Indiana has agreed to hear U.S. Steel Corp.’s motion to dismiss a complaint filed by federal and state environmental agencies that allege the Pittsburgh-based steelmaker has violated the Clean Air Act at three locations.

• USTR seeks comments on Chinese trade complaint Dec 11, 2012

  The U.S. Trade Representative’s Office (USTR) is seeking comment on China’s request for a dispute settlement panel at the World Trade Organization over alleged illegal subsidy duties on nonmarket economies.

• US raw steel production slips 0.9% Dec 11, 2012

  U.S. raw steel output totaled 1,802,000 net tons last week, down 0.9 percent from 1,818,000 tons the previous week, as mills operated at an average capability utilization rate of 72.9 percent.

• Hempel Metals’ Horner to be next IIMA secretary general Dec 11, 2012

  Stuart Horner, managing director of F.W. Hempel Metals UK Ltd., will become secretary general of the International Iron Metallics Association (IIMA) effective Jan. 1.

• Severstal taps Dey chief strategy officer Dec 10, 2012

  Severstal North America Inc. has appointed Saikat Dey as chief strategy and procurement officer effective Dec. 15.

• Midwest Ferrous Scrap Index settles sideways Dec 10, 2012

  AMM’s Midwest Ferrous Scrap Index settled sideways for December after a weak export market and lower demand from several steel producers prevented prices from rising.

• TK’s motion to quash subpoena denied Dec 10, 2012

  ThyssenKrupp Steel USA LLC’s motion to quash a subpoena in its lawsuit against a Georgia contractor has been denied by a judge, who transferred the motion to an Alabama court.

• West Coast flat-rolled steel prices move up Dec 10, 2012

  Flat-rolled steel prices are moving up on the West Coast, but a number of buyers remain hesitant.

• Metals employment falls in November Dec 10, 2012

  Employment at U.S. metal producers and metal fabrication shops declined last month, although the latest Bureau of Labor Statistics report shows employment within the two sectors has grown incrementally since last year.

• ThyssenKrupp Stainless fires up melt shop Dec 10, 2012

  ThyssenKrupp Stainless USA Inc. has officially fired up the melt shop at its facility in Calvert, Ala., which has the capacity to produce 900,000 tonnes of stainless slab per year.

• M/K opens West Coast tubing depot Dec 10, 2012

  Marmon/Keystone LLC’s Los Angeles branch has opened a mechanical tubing depot, the company said Monday.

• USS, NLMK hike steel sheet products Dec 10, 2012

  U.S. Steel Corp. and NLMK USA Inc. have joined other flat-rolled producers in increasing published prices on flat-rolled steel products.

• ITA issues dumping margin on Belgian stainless steel plate in coil Dec 10, 2012

  In an anti-dumping duty administrative review of imports of stainless steel plate in coil from Belgium from May 1, 2010, to April 30, 2011, the Commerce Department’s International Trade Administration (ITA) has issued a 0.82-percent weighted-average dumping margin for Aperam Stainless Belgium NV.

• Chinese producers excluded from anti-dumping review of carbon steel plate Dec 10, 2012

  The ITA has determined in a preliminary anti-dumping duty administrative review of cut-to-length carbon steel plate from China from Nov. 1, 2010, to Oct. 31, 2011, that Baosteel (including Bao/Baoshan International Trade Corp./Bao Steel Metals Trading Corp.) and Hunan Valin Xiangtan Iron & Steel Co. Ltd. did not have shipments during the period of review, but shipments from Anshan Iron & Steel Group and China Metallurgical Import & Export Liaoning Co. should be liquidated at the China-wide rate of 128.59 percent. The petitioner was Nucor Corp.

• ITA issues dumping margins for South Korean steel pipe Dec 10, 2012

  In the preliminary results of an anti-dumping duty administrative review of imports of circular-welded non-alloy steel pipe from South Korea from Nov. 1, 2010, to Oct. 31, 2011, the Commerce Department’s International Trade Administration (ITA) has issued a weighted-average dumping margin of 6.54 percent for Husteel Co. Ltd. and a margin of zero for Hyundai Hysco.

• Voestalpine buys Sturdell as part of NA expansion push Dec 10, 2012

  Böhler-Uddeholm Canada Ltd., a subsidiary of Linz, Austria-based Voestalpine Group, has acquired tool and mold steel distributor and processor Sturdell Industries Inc. for an undisclosed sum.

• Gallatin Steel shuts Ky. cut-to-length line Dec 10, 2012

  Gallatin Steel Co. has shut down its cut-to-length line in Ghent, Ky., and will use it as an inspection line for its flat-rolled products, a company spokeswoman confirmed Monday.

• USS' Surma joins Ingersoll-Rand board Dec 10, 2012

  U.S. Steel Corp. chairman and chief executive officer John P. Surma is joining the board of directors of Ingersoll-Rand Plc effective Jan. 1.

• Stemcor’s Faktor resigns post as global steel trading head Dec 10, 2012

  Stemcor Ltd. board member David Faktor has resigned as the U.K.-based steel trading house’s head of international steel trading.

• Ruling on Nucor DRI suit pending Dec 10, 2012

  A Louisiana district court judge is considering arguments from Nucor Corp. and a grain exporter that filed a complaint against the steelmaker.

• CME starts new iron ore contracts in Europe Dec 10, 2012

  CME Group Inc.’s European clearing house has launched two new iron ore derivatives contracts, the company said Monday.