Steel RSS

  • Gas drilling pickup to improve prices: Vallourec Nov 11, 2013

    In addition to any positive outcome from the trade complaint against oil country tubular goods (OCTG) from nine countries, gas drilling also will have to show a pickup for Vallourec SA’s U.S. prices to show improvement next year, according to a top executive.

  • Tree Island Steel ‘cautiously optimistic’ despite red ink Nov 11, 2013

    Wire producer Tree Island Steel Ltd. was in the red in the third quarter despite higher revenue.

  • Crest Industries to construct Louisiana galvanizing plant Nov 11, 2013

    Crest Industries LLC will build a $15-million, 75,000-square-foot galvanizing operation east of Baton Rouge, La., to apply protective coating to utility poles and equipment used by petrochemical and electrical utility customers.

  • Rebar mills up prices, buyers wait for shakeup Nov 08, 2013

    Price increases by U.S. rebar mills of between $10 and $20 per ton have yet to filter into the marketplace as buyers await a shakeup.

  • NLMK USA expects steel prices to strengthen Nov 08, 2013

    NLMK USA said it expects average prices to increase some $25 per tonne in the fourth quarter, a trend that could continue into 2014, due to stable demand and tight inventory levels

  • Steel sheet price hikes said to attract imports Nov 08, 2013

    Steel sheet price increases from at least two U.S. mills has made some wary about the potential for larger volumes of imports in the first quarter, sources said.

  • Merchant bar price increase seen likely to stick Nov 08, 2013

    Participants in the merchant bar market largely expect a recently announced price increase of $20 per ton ($1 per hundredweight) to hold, buoyed by rising scrap prices.

  • Big River Steel air permit hearing set Nov 08, 2013

    A hearing on Nucor Corp.’s appeal of Big River Steel LLC’s air permit has been set for the week of Feb. 18, an administrative law judge in Arkansas told AMM.

  • Steel plate buyers surprised by price increases Nov 08, 2013

    At least three plate mills have raised prices recently in moves that some speculated could open the market to more imports.

  • Buyers brace for higher wire rod prices Nov 08, 2013

    Wire rod buyers are poised to accept higher prices from domestic mills despite endemically weak demand and flush import volumes, rod buyers and mills said, as rising scrap tags prompt an uptick in steel prices.

  • Mexican steel industry mulls mining tax impact Nov 08, 2013

    A new mining tax could hurt the profitability of Mexican steel companies and miners, and could curb mining investment, steelmakers in the country told AMM sister publication Steel First.

  • Tenaris aims to grab volume if OCTG case pans out: exec Nov 08, 2013

    Tenaris SA hopes to increase its market share if a U.S. trade case filed against importers of oil country tubular goods (OCTG) goes in favor of the domestic industry.

  • SSAB increases steel plate prices $20/T Nov 08, 2013

    SSAB Americas has raised minimum base prices on its plate products by $20 per ton ($1 per hundredweight) effective immediately, it said in a Nov. 8 letter to customers.

  • ITC to maintain duty vs. China pipe Nov 08, 2013

    The U.S. International Trade Commission (ITC) has determined that revocation of the existing anti-dumping and countervailing duty orders on circular welded carbon-quality steel pipe from China would likely lead to continuation or recurrence of material injury within a reasonably foreseeable time.

  • ITA issues results vs. Ukraine plate suspension deal Nov 08, 2013

    The Commerce Department’s International Trade Administration (ITA) has issued its final results in an anti-dumping duty administrative review concerning a suspension agreement on certain cut-to-length carbon steel plate from Ukraine for the Nov. 1, 2011, to Oct. 31, 2012, review period.

  • ITC to vote Nov. 19 on electrical steel imports Nov 08, 2013

    The U.S. International Trade Commission (ITC) has set a Nov. 19 vote regarding a preliminary determination on imports of grain-oriented electrical steel.

  • Keystone increases coiled rebar prices Nov 08, 2013

    Keystone Steel & Wire Co. will increase its coiled rebar prices $30 per ton ($1.50 per hundredweight) on all shipments effective Dec. 2, the Peoria, Ill.-based company said in a letter to customers Nov. 7.

  • Keystone raises wire rod prices $30/T Nov 08, 2013

    Keystone Steel & Wire Co. will increase its wire rod prices $30 per ton ($1.50 per hundredweight) with all shipments effective Dec. 2, the Peoria, Ill.-based company said in a letter to customers Nov. 7.

  • Commerce begins electrical steel imports probe Nov 08, 2013

    The U.S. Commerce Department will initiate anti-dumping duty and countervailing duty investigations against imports of non-oriented electrical steel from six countries, it said Nov. 7.

  • ArcelorMittal still keen on ThyssenKrupp mill Nov 07, 2013

    ArcelorMittal SA, the world’s largest steelmaker, remains interested in ThyssenKrupp AG’s rolling facility in Calvert, Ala., according to its top executive.

  • LME nickel stocks hit new record high Nov 07, 2013

    Spot nickel premiums were unchanged Nov. 6, but some market participants forecast an upturn due to a dwindling supply of available material and low prices as stocks in London Metal Exchange-listed warehouses reached another record high.

  • Klöckner strategy keyed to boost US profits Nov 07, 2013

    Although Klöckner & Co. SE will remain in a cost-cutting mode through the end of 2013, including at U.S. subsidiary Kloeckner Metals Corp., it expects to improve profits in the region by revising its U.S. sales strategy.

  • Bekaert closing steel wire facility in Canada Nov 07, 2013

    NV Bekaert SA is closing its Surrey, British Columbia, facility due to an exodus of customers to other parts of North America, the company announced Nov. 6.

  • Severstal, AK hike steel sheet prices Nov 07, 2013

    Severstal North America Inc. and AK Steel Corp. have separately increased minimum base prices on flat-rolled steel sheet products.

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