Steel

  • One dies, two hurt at ArcelorMittal facility Nov 13, 2013

    A fatal "industrial accident" at ArcelorMittal USA LLC’s Indiana Harbor plant in East Chicago, Ind., has left one contractor dead and two others injured.

  • Outages to support higher long product prices Nov 13, 2013

    The recent round of price increases on long products is likely to be supported by planned maintenance outages at wire rod, merchant bar and rebar mills until year-end, industry sources said.

  • Bulk ferrous scrap export prices to Turkey sink Nov 13, 2013

    U.S. bulk ferrous scrap export prices to Turkey have fallen by around $5 per tonne as two scrap exporters bowed to heavy pressure from their largest customer.

  • Interpipe adds ring furnace at Niko mill Nov 13, 2013

    Interpipe Group has added a $20-million ring furnace at its Niko tube mill in Ukraine, the company said Nov. 12.

  • Market sees HSS mills holding on price hikes Nov 13, 2013

    Hollow structural sections (HSS) mills east of the Rockies reportedly are holding the line on a $40-per-ton ($2-per-hundredweight) increase that was slated to take effect Nov. 4.

  • Commerce sets preliminary margins vs. Japan flat steels Nov 12, 2013

    Japanese producers of diffusion-annealed nickel-plated flat-rolled steel sold the material in the United States at less than fair value, the U.S. Commerce Department found in a preliminary determination Nov. 12.

  • Nucor raises SBQ surcharge for Dec. Nov 12, 2013

    Nucor Corp. is raising its raw materials surcharge for special bar quality products by $1.50 per hundredweight ($30 per ton) effective Dec. 1, according to a Nov. 11 letter to customers.

  • US rebar imports from Turkey to surge in Jan. Nov 12, 2013

    U.S. ports are poised to receive up to 100,000 tonnes of reinforcing bar from Turkey in January, three traders have confirmed independently, despite the threat of imminent duties as a result of an ongoing trade investigation against imports from Turkey and Mexico.

  • Steelmakers need not fear LNG exports: analyst Nov 12, 2013

    Steelmakers’ fears concerning the potential disruptive effects of exporting natural gas from the United States—which would then reduce supply and increase pricing—should be set aside given the international economics at play, according to one analyst.

  • Turkey turns to Europe as US resists low scrap bids Nov 12, 2013

    U.S. bulk ferrous scrap exporters’ resistance to lower price bids from Turkey and a stronger dollar resulted in a flurry of deals booked out of Europe this week.

  • AIIS names Chriss as new executive director Nov 12, 2013

    Richard Chriss has been tapped to serve as the new executive director of the American Institute for International Steel (AIIS) effective Nov. 18, the trade group said Nov. 12.

  • OSHA proposes rule change to track injuries Nov 12, 2013

    The Occupational Safety and Health Administration (OSHA) has issued a proposed rule change intended to improve workplace safety and health through stepped-up tracking of injuries and illnesses.

  • McIntosh joins Universal as vp, chief technology officer Nov 12, 2013

    Universal Stainless & Alloy Products Inc. has named Graham McIntosh vice president and chief technology officer.

  • Awards for Steel Excellence nomination process begins Nov 12, 2013

    Nominations are now being accepted for AMM’s fifth annual Awards for Steel Excellence.

  • Haynes expects profit despite challenges Nov 12, 2013

    Specialty alloy producer Haynes International Inc. expects to post a profit in its fiscal fourth quarter despite "challenging" market conditions that have forced it to control costs, adjust production schedules and reduce inventory.

  • U.S. Pipe completes Fab Pipe buy Nov 12, 2013

    U.S. Pipe & Foundry Co. LLC and U.S. Pipe Fabrication LLC, together known as U.S. Pipe, have completed their acquisition of Fab Pipe Inc.

  • US raw steel production slips 0.2 percent Nov 12, 2013

    U.S. raw steel output totaled an estimated 1,829,000 net tons last week, down 0.2 percent from 1,833,000 tons the previous week, as mills operated at an average capability utilization rate of 76.3 percent.

  • Midwest ferrous scrap prices hit 18-month high Nov 11, 2013

    Ferrous scrap prices in the Midwest soared to their highest levels since May 2012 as supply concerns caused buyers to accept sellers’ terms this month.

  • Stainless steel scrap consumer prices rise Nov 11, 2013

    Stainless steel scrap prices have risen in November following a relatively strong month for nickel, with traders noting a slightly improved appetite for material.

  • Nucor stresses need for affordable natural gas Nov 11, 2013

    Ensuring access to low-priced natural gas will give Nucor Corp., along with other U.S. steelmakers, a competitive edge in global markets, according to president and chief executive officer of the Charlotte, NC-based steelmaker, John Ferriola.

  • Essar's trade case affecting plate imports: exec Nov 11, 2013

    Fewer low-priced steel plate imports have arrived in Canada as a result of a recent trade complaint, according to Essar Steel Algoma Inc. chief executive officer Kalyan Ghosh.

  • ArcelorMittal, Nucor increase wire rod prices Nov 11, 2013

    ArcelorMittal Long Carbon North America is increasing its prices on all wire rod in the United States and Canada by $30 per ton ($1.50 per hundredweight) effective with shipments Dec. 1, the Chicago-based company announced in a Nov. 8 letter to customers.

  • Harsco results hurt by infrastructure division loss Nov 11, 2013

    The metals industry is experiencing a slight improvement in demand with no foreseen headwinds, Harsco Corp. executives said during a conference call to discuss the company’s third-quarter results.

  • Shredded scrap prices may support beam hike Nov 11, 2013

    A boost in a benchmark scrap price may bolster the chances for increased structural steel tags to succeed.

Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results