Steel RSS

  • Roadrunner Steel installing new slitter at Arizona plant Dec 24, 2013

    Roadrunner Steel Inc. plans to install a slitting line at its processing and distribution facility in Glendale, Ariz., vice president Jim Russell said.

  • Input costs drive wire rod buyers to lift prices Dec 23, 2013

    Wire rod buyers are pushing hard to improve margins over the next few months against heavy cost pressures, as raw material prices have risen while finished wire tags have stagnated.

  • AK Steel hikes all stainless products Dec 23, 2013

    AK Steel Corp. is increasing base prices for all of its stainless steel products effective Jan. 1, the company said Dec. 23.

  • Gerdau raises merchant bar products $10/T Dec 23, 2013

    Gerdau Long Steel North America has increased transaction prices for most angles, channels, flats, rounds and squares by $10 per ton (50 cents per hundredweight) effective with new orders placed Dec. 23, the company said in a Dec. 23 letter to customers.

  • ArcelorMittal raises flat-rolled prices Dec 23, 2013

    ArcelorMittal USA LLC is raising its prices for flat-rolled products, effective immediately.

  • ATI, AK, NAS trim most stainless surcharges Dec 23, 2013

    Three stainless steel producers have lowered their surcharges across most nickel-bearing grades for January, with slight increases in raw material extras across the 400 grades.

  • Rebar confidence picks up, hikes stick Dec 23, 2013

    The rebar market is gaining confidence in the face of steady demand through the end of the year, with price increases implemented over the past two months taking hold, mill and buyer sources told AMM.

  • Nucor increasing steel sheet prices Dec 23, 2013

    Nucor Corp. is raising base prices for its steel sheet products effective immediately, the company said in a Dec. 23 letter to customers.

  • Keystone XL pipeline still seen vital to market Dec 23, 2013

    TransCanada Corp.’s proposed Keystone XL pipeline remains a pivotal event in the energy tubulars market, according to most sources, even after the head of a natural resources company recently claimed that U.S. shippers no longer need the line.

  • Gerdau lifts rebar prices $10 per ton Dec 23, 2013

    Gerdau Long Steel North America has raised its rebar prices $10 per ton (50 cents per hundredweight) effective immediately, the company said in a Dec. 20 letter to customers.

  • Canada extends tubing duties vs. two countries Dec 23, 2013

    The Canadian International Trade Tribunal has extended anti-dumping duties on structural tubing, or hollow structural sections (up to and including 16 inches in outside diameter), from South Korea and Turkey and removed duties on South African product.

  • Drilling declines in US, Canada Dec 23, 2013

    The number of drill rigs running in the United States fell by 14 last week.

  • Brazil’s steel trade defense policies sending mixed signals Dec 23, 2013

    The Brazilian government’s attempts to protect its steel industry from high import levels generated mixed signals this year.

  • Steel Dynamics joins beam price hike Dec 20, 2013

    Steel Dynamics Inc. (SDI) has raised its beam price $35 per ton as producers begin to fall in line behind Nucor-Yamato Steel Co.’s earlier increase.

  • AK Steel’s Kaloski slated to retire Jan. 31 Dec 20, 2013

    AK Steel Corp. executive vice president and operating officer John F. Kaloski will retire effective Jan. 31, the steelmaker announced Dec. 19.

  • Wire rod hikes take hold; imports stir concerns Dec 20, 2013

    Wire rod price increases are beginning to gain traction, with more hikes potentially on the way as mills anticipate a further rise in scrap costs.

  • Sheet mart quiet; prices seen on upward trek Dec 20, 2013

    The steel sheet market remained quiet in the days leading up to Christmas, with buy- and sell-side sources signaling high expectations for the first quarter of 2014.

  • World steel production logs Nov. gain Dec 20, 2013

    Global crude steel output rose last month as gains in North America, Asia and Europe offset declines in the Commonwealth of Independent States (CIS) and South America.

  • Ludlum sets Jan. stainless base price hike Dec 20, 2013

    ATI Allegheny Ludlum Corp. will increase its base prices across most commodity-grade stainless steel products beginning Jan. 13, the company said in a Dec. 19 letter to customers.

  • S. Korea advocates voluntary respondents in OCTG case Dec 20, 2013

    South Korean trade officials have asked the U.S. Commerce Department to consider voluntary respondents in its anti-dumping investigation of oil country tubular goods (OCTG).

  • Severstal NA picks scrap, metallics director Dec 20, 2013

    Severstal North America Inc., a subsidiary of Russia’s OAO Severstal, has appointed Sanjeev Badola director of scrap and metallics procurement effective Jan. 1.

  • Nova Tube lifts pipe products 4% Dec 20, 2013

    Nova Tube Inc. is raising prices for various pipe products, it said in a Dec. 19 letter to customers, citing increases in raw material costs.

  • Latin America steel exports diminishing Dec 20, 2013

    Latin American countries won’t appear in the top 10 steel exporters this year, according to regional steel association Alacero.

  • SunCoke mulls $30M outlay for prep plant Dec 20, 2013

    SunCoke Energy Partners LP is evaluating plans to invest $30 million in a new coke plant in the United States, the company said in its 2014 earnings guidance report Dec. 16.

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