-
ATI Allegheny Ludlum Corp., AK Steel Corp. and North American Stainless Inc. (NAS) have lowered their surcharges on most stainless steel grades for June.
-
Power Piping Co. has responded to a U.S. Steel Corp. lawsuit seeking to reclaim losses the steelmaker says it sustained following a 2010 explosion at its Clairton, Pa., coke plant.
-
U.S. ferrous scrap exports slipped slightly in the first quarter compared with a year earlier as demand from Asian consumers remained underwhelming.
-
Gerdau Long Steel North America says that the steel it produced to create anchor rods for the San Francisco-Oakland Bay Bridge that have since failed met the specifications "it was ordered to."
-
Prolamsa Group subsidiary Axis Pipe & Tube Inc. has applied to the Texas Economic Development Bank to designate its new mill in the state as an enterprise project under the Texas Enterprise Zone program.
-
The Commerce Department’s International Trade Administration (ITA) has amended its final scope ruling on imports of stainless steel plate in coil from Belgium, South Africa and Taiwan.
-
Japanese steel exports rose in April from year-earlier levels, although weak demand meant a sharp fall in volumes from March.
-
China’s plate export market lost further ground this past week as buyers remained scarce and more mills reduced their list prices.
-
Stainless steel producer Outokumpu Oyj will pilot a daily alloy surcharge system in Europe this summer, the company said May 22.
-
Major Russian steelmakers’ export sales declined in April while domestic sales grew slightly, not-for-profit industry organization Russian Steel said May 21.
-
Oklahoma-based metal distributors, fabricators, processors and downstream users reached by AMM largely said their facilities escaped damage and employees were safe and accounted for following a devastating tornado that killed at least two dozen people May 20.
-
Gerdau Long Steel North America will build a 120,000-ton-per-year rebar fabrication facility in Knox County, Tenn., a company spokeswoman told AMM May 21.
-
The United States’ vast supply of natural gas makes exporting liquefied natural gas (LNG) a "clear choice," according to America’s Natural Gas Alliance (ANGA).
-
Magnetation LLC, AK Steel Corp.’s joint venture with iron ore concentrate producer Magnetation Inc., has completed a $325-million notes offering and has entered into a $50-million senior secured credit facility, AK Steel said May 20.
-
Global crude steel output increased 1.2 percent in April as Asia, largely China, offset declines in other major producing regions, including North America and Europe.
-
Nucor Corp. has lowered its raw material surcharge on concrete reinforcing bar, merchant bar and structural products by $22 per ton ($1.10 per hundredweight) but raised its base prices on those products by the same amount.
-
China’s cold-rolled coil exports continued to rise in April on increased shipments to Europe and Southeast Asia.
-
Brazilian steel and iron ore producer Cia. Siderúrgica Nacional (CSN) has confirmed that it has been negotiating "the terms and conditions" applying to a "potential" acquisition of ThyssenKrupp AG’s Steel Americas operations.
-
Having received no comments in an anti-dumping duty administrative review of imports of ball bearings from Germany from May 1 to Sept. 14, 2011, the U.S. Commerce Department’s International Trade Administration (ITA) has issued a final ruling that the product was not sold at less than fair value.
-
U.S. raw steel output totaled an estimated 1,904,000 net tons last week, up 1.2 percent from 1,881,000 tons the previous week, as mills operated at an average capability utilization rate of 79.5 percent. It was the first time weekly production topped 1.9 million tonnes since the beginning of June last year.
-
President Obama has signed an executive order aimed at speeding up major infrastructure projects by modernizing permitting practices and regulations, a move some say could benefit suppliers of steel and other structural components by getting backlogged construction projects off the ground sooner.
-
A truck carrying steel sheet was struck by a train as it was leaving Nucor Corp.’s Vulcraft construction product facility in Fort Payne, Ala., early May 17, a Norfolk Southern Railroad spokeswoman told AMM.
-
Acerinox SA chief executive officer Bernardo Velázquez Herreros believes that the European stainless alloy surcharge system "has passed away," although other stainless steel producers still see a future for the system.
-
The city of Welland, Ontario, has issued five permits to JMC Steel Group Inc. subsidiary Energex Tube to demolish various former Lakeside Steel Inc. facilities.