• Nucor increases steel plate by $40/T Nov 07, 2013

    Nucor Corp. has raised minimum base prices on its plate products by $40 per ton ($2 per hundredweight) effective immediately, it said in a Nov. 7 letter to customers.

  • Mexican senate approves 7.5% mining tax Nov 07, 2013

    The Mexican senate has approved a 7.5-percent tax on mining firms’ earnings before interest, taxes, depreciation and amortization (Ebitda) as part of a wider package of tax reforms.

  • Court signs off on Patriot Coal reorganization Nov 07, 2013

    Patriot Coal Corp. has received court approval to reorganize its business, it said Nov. 6.

  • AK brings electrical steel trade petition to ITC Nov 06, 2013

    AK Steel Corp. laid out its arguments against imports of non-oriented electrical steel (NOES) before the International Trade Commission (ITC) Nov. 6, alleging that low-priced imports from six countries had dealt a “devastating blow” to the company’s financial results.

  • PDM Bridge assets sold to Atlas Veritas Steel Nov 06, 2013

    Veritas Steel LLC announced it has acquired assets of PDM Bridge LLC, which fabricates steel components for large, complex bridge structures.

  • SDI unit boosts merchant bar prices $20/T Nov 06, 2013

    Steel Dynamics Inc.’s (SDI’s) Roanoke Bar Division in Roanoke, Va., has raised prices on merchant bar products by $20 per ton ($1 per hundredweight) effective immediately, the company said in a letter to customers Nov. 6.

  • SDI unit increases rebar $10 per ton Nov 06, 2013

    Steel Dynamics Inc.’s (SDI’s) Roanoke Bar Division in Roanoke, Va., is raising rebar prices by $10 per ton (50 cents per hundredweight), the company said in a Nov. 6 letter to customers.

  • Steel sheet buyers expect price increase Nov 06, 2013

    Several steel sheet mill representatives have reportedly indicated that another price increase is imminent, some buyers told AMM.

  • CMC Ariz. raises rebar prices $20 per ton Nov 06, 2013

    CMC Steel Arizona has increased its transactional price for rebar by $20 per ton ($1 per hundredweight), the company said in a Nov. 5 letter to customers.

  • USS said testing slabs at TK’s Ala. rolling mill Nov 06, 2013

    U.S. Steel Corp. is said to have recently delivered steel slabs into ThyssenKrupp AG’s Calvert, Ala., mill for rolling, according to three sources familiar with the matter, fueling speculation that a raw material supply agreement could be in the works after the southern mill’s imminent sale.

  • Nucor raises merchant bar items Nov 06, 2013

    Nucor Corp. has followed a recent move by Gerdau Long Steel North America to raise merchant bar and structural product prices by $20 per ton ($1 per hundredweight).

  • Nucor increases rebar by $10/T Nov 06, 2013

    Nucor Corp. has raised its price on rebar by $10 per ton (50 cents per hundredweight) effective immediately on all new orders, the company said in a Nov. 5 letter to customers.

  • Handy & Harman tubing results up Nov 06, 2013

    Handy & Harman Ltd.’s tubing segment saw its third-quarter operating income rise from a year earlier thanks to increased sales to the oil and gas and chemical processing sectors.

  • Marmon/Keystone adding depot Nov 06, 2013

    Marmon/Keystone LLC is adding a 10-acre carbon pipe depot at its facility in New Castle, Del., it said Nov. 5.

  • Imports still a key factor in W. Coast flat-roll Nov 05, 2013

    West Coast flat-rolled steel producers are expected to have their hands full pushing through recently announced price increases as imports continue to wield a strong influence in the region.

  • Line pipe distributor prices dip: Pipe Logix Nov 05, 2013

    Average domestic distributor selling prices for line pipe fell 1 percent to $1,947 per short ton in October from $1,967 per ton the month prior, according to Pipe Logix LLC data.

  • Steel sheet prices seen rising on low stocks Nov 05, 2013

    Higher U.S. steel sheet prices are being supported by low service center and end-user inventories, combined with reduced output by producers, with some buyers speculating that another price increase could be announced before Thanksgiving.

  • SDI joins move to lift beam prices $20/T Nov 05, 2013

    Steel Dynamics Inc. (SDI) has joined a move to raise beam prices, increasing prices $20 per ton.

  • NW Pipe expects challenging 4th quarter Nov 05, 2013

    Northwest Pipe Co. expects a challenging fourth quarter amid a low water transmission backlog and thin oil country tubular goods (OCTG) margins.

  • US raw steel production inches up 0.9% Nov 05, 2013

    U.S. raw steel output totaled an estimated 1,833,000 net tons last week, up 0.9 percent from 1,817,000 tons the previous week, as mills operated at an average capability utilization rate of 76.5 percent.

  • Gerdau files suit against ex-Tamco owners Nov 05, 2013

    Gerdau Long Steel North America is suing the previous owners of Tamco Steel Inc. for allegedly misrepresenting the status of the facility’s air quality permits and compliance with environmental law.

  • Nucor's executive chair DiMicco to step down Nov 05, 2013

    Daniel R. DiMicco will retire from Nucor Corp.’s board of directors as executive chairman Dec. 31 and has accepted the honorary title of chairman emeritus, the company said Nov. 5.

  • ITA issues final results in review vs. China threaded rod Nov 05, 2013

    The Commerce Department’s International Trade Administration (ITA) has issued its final results in the third anti-dumping duty administrative review on imports of certain steel threaded rod from China for the April 1, 2011, to March 31, 2012, period.

  • Universal Stainless logs loss in 3d qtr., eyes ‘14 recovery Nov 05, 2013

    Universal Stainless & Alloy Products Inc. remains optimistic despite logging a third-quarter net loss as sales declined due to harsh industry conditions.

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