Steel RSS

  • Clad steel mills clash on Japan export role Dec 05, 2012

    Domestic and foreign clad steel plate makers are preparing to go head to head over Japanese exports during an anti-dumping duty order hearing Thursday in Washington.

  • Steel buyers ‘selective’ in challenging market Dec 05, 2012

    Citing lackluster year-end demand and weak pricing—despite some attempts to move tags higher—most steel buyers are avoiding any speculative purchases as they wait to see what 2013 will bring.

  • Rebar price hikes hold despite uncertainty Dec 05, 2012

    Announced price hikes for concrete reinforcing bar and merchant angles, channels and flats have largely stuck as mills have held the line on tags, even as political uncertainty in the United States leaves some buyers jittery.

  • ThyssenKrupp Stainless cuts most surcharges Dec 05, 2012

    ThyssenKrupp Stainless USA LLC has lowered most stainless steel surcharges for December on the back of lower nickel prices.

  • Turkish pipe exports surpass 1.7M tonnes in 1st 11 months Dec 05, 2012

    Turkey exported 1.72 million tonnes of steel tube and pipe in the first 11 months of this year, up 13.9 percent from the same period last year, according to the Turkish Steel Pipe Manufacturers’ Association.

  • China's plate export prices dip further on slow business Dec 05, 2012

    Chinese steel plate export prices saw a further dip this week due to slow transactions and a decline in the domestic market.

  • Commerce rules against carbon steel flat product imports Dec 05, 2012

    The Commerce Department’s International Trade Administration (ITA) has ruled in a sunset review that revocation of existing anti-dumping duty orders on corrosion-resistant carbon steel flat products from Germany and South Korea likely would lead to a continuation or recurrence of dumping.

  • Commerce sets dumping margins on pipe, tube imports Dec 05, 2012

    The Commerce Department’s International Trade Administration (ITA) has issued the final results in an anti-dumping duty administrative review of imports of circular-welded carbon steel pipe and tube (not more than 16 inches in outside diameter) from Turkey from May 1, 2010, to April 30, 2011.

  • Former Severstal trader targets Latin America Dec 05, 2012

    NGX International Corp., a new trading firm based in Florida, has been focusing on "niche" Latin American steel markets not usually targeted by major trading companies, owner Nelson Gonçalves said.

  • Wire rod imports hit rut on economic fears Dec 04, 2012

    Despite competitive pricing, steel wire rod imports continue to slide as buyers concerned about the economy in the new year hesitate to take the plunge.

  • Slag services firm at odds with Warren owner Dec 04, 2012

    Phoenix Services LLC has filed a complaint seeking injunctive relief against RG Steel LLC and the new owner of the bankrupt steelmaker’s former Warren, Ohio, facility in order to regain access to steel slag at the site.

  • Commerce sets stainless steel plate dumping margin Dec 04, 2012

    In its 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 has issued manufacturer/exporter Aperam Stainless Belgium N.V. a final weighted-average dumping margin of 0.82 percent.

  • Canada rules piling pipe imports causing injury Dec 04, 2012

    The Canadian International Trade Tribunal has determined that imports of carbon and alloy steel piling pipe with an outside diameter of 3½ to 16 inches from China threaten to injure the domestic industry.

  • TMK acquires majority stake in pipe maker Dec 04, 2012

    OAO TMK has acquired a 55-percent stake in Oman’s Gulf International Pipe Industry LLC (GIPI), as the Russian company seeks to boost its global presence as a supplier of energy tubulars to the oil and gas industry.

  • Mexican steel exports fall 17.7% in first 9 months Dec 04, 2012

    Mexican steel exports fell by some 800,000 tonnes in the first nine months compared with the same 2011 period, according to Mexican steel association Canacero.

  • Tata may make aero steel in the UK, sell to US market Dec 04, 2012

    The England-based division of Indian steel producer Tata Steel Ltd. will design a specialty aerospace-grade steel plant with German plant manufacturer SMS Mevac GmbH.

  • China spot steel tags mostly flat, outlook is murky Dec 04, 2012

    China’s spot steel tags were mostly unchanged Tuesday as market players stood on the sidelines due to a cloudy outlook.

  • China’s boycott to curb Japan steel output 550,000T Dec 04, 2012

    Japan’s territorial spat with China is expected to cost Japanese steelmakers around 550,000 tonnes in lost production in the current quarter, according to Japan’s Ministry of Economy, Trade and Industry.

  • Turkish steel product exports rise 11.4% Dec 04, 2012

    Steel product exports from Turkey totaled 18.2 million tonnes in the first 11 months of this year, an 11.4-percent increase from the same period in 2011, according to the Turkish Steel Exporters’ Association. The exports were valued at $14.3 billion.

  • US raw steel production climbs 3.1 percent Dec 04, 2012

    U.S. raw steel output totaled 1,818,000 net tons last week, up 3.1 percent from 1,764,000 tons the previous week, as mills operated at an average capability utilization rate of 73.6 percent. It was the highest weekly level since mid-September.

  • Timken against steel unit spinoff talk Dec 03, 2012

    Splitting Timken Co.’s bearings and steel businesses wouldn’t be in the best interests of the company’s shareholders, its management said in response to a proposed spinoff of the company’s steel division.

  • NW Pipe taps Montross as new chief executive officer Dec 03, 2012

    Northwest Pipe Co. said late Monday that Scott Montross will become its president and chief executive officer effective Jan. 1 as part of a planned leadership transition.

  • Appeals court sends patent ruling back for further review Dec 03, 2012

    A judgment in a patent lawsuit filed by ArcelorMittal SA’s French units against AK Steel Corp., Severstal Dearborn Inc. and Wheeling-Nisshin Inc. has been sent back to U.S. District Court in Delaware for further review.

  • USS forms Texas tubulars joint venture Dec 03, 2012

    U.S. Steel Corp.’s Tubular Products Inc. subsidiary has formed a 50-50 joint venture with Butch Gilliam Enterprises LLC to provide tubular services to energy industry customers in the Permian Basin.

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