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PGT Trucking Inc. is finding opportunities in booming energy plays around North America as companies require more steel pipe—and someone to bring it to them.
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U.S. Steel Corp. reportedly is training salaried, non-union workers to operate its Lake Erie Works in Nanticoke, Ontario, raising speculation that a lockout may be possible.
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Big River Steel LLC’s proposed steel mill in Arkansas took one step forward Monday after the state’s House passed a bill that would offer key incentives to the $1.1-billion project.
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Iron ore miner Cliffs Natural Resources Inc. could become a marginal producer and be forced to consider a significant equity raise or even an asset sale if major structural changes take place in the company’s key Great Lakes market.
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The Singapore Exchange (SGX) launched its long-awaited iron ore futures contract April 8 as interest increases in ferrous derivatives and new U.S. market regulations come into effect.
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The Commerce Department’s International Trade Administration (ITA) has assessed dumping margins of 20.05 percent in its preliminary anti-dumping duty administrative review of imports of steel threaded rod from China’s IFI & Morgan Ltd., Jiaxing Brother Standard Part Co. Ltd. and RMB Fasteners Ltd.
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In the preliminary results of an anti-dumping duty administrative review of imports of circular-welded carbon steel pipe and tube from Thailand from March 1, 2011, to Feb. 29, 2012, the Commerce Department’s International Trade Administration (ITA) has determined that Saha Thai Steel Pipe (Public) Co. Ltd. and Pacific Pipe Public Co. Ltd. made no shipments of the product to the United States and will receive a weighted-average dumping margin of zero.
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The Commerce Department’s International Trade Administration (ITA) has issued preliminary results in a countervailing duty administrative review of imports of circular-welded carbon steel pipe and tube from Turkey from Jan. 1 to Dec. 31, 2011.
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Wide-flange steel beam published prices are facing increased pressure as distributor resale tags appear to be coming under renewed assault following a drop in a key scrap barometer.
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The number of drill rigs running in the United States fell by 10 last week.
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Gerdau Long Steel North America has announced a transactional price increase of $10 per ton (50 cents per hundredweight) on reinforcing bar products, effective with new orders April 15.
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Rebar fabricator and installer Camblin Steel Service Inc. is capitalizing on improving California construction markets and expanding its operations in a $4-million deal, vice president Mark Camblin told AMM.
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The initial court date in an environmental case filed against ArcelorMittal Dofasco Inc. by Ontario’s Ministry of the Environment has been pushed back to June 4 from April 2, a spokeswoman for the ministry told AMM.
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Domestic steel mills have successfully pushed carbon plate prices back up to early January levels as stable demand and expectations of further seasonal improvement have allowed suppliers to capture much of the $60-a-ton price hikes announced in the first quarter.
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Steel buyers have become more wary and cautious in recent weeks than they had been during much of the first quarter, particularly when it comes to building inventories, an industry survey shows.
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Outokumpu Stainless USA LLC has lowered most of its stainless steel surcharges for April.
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ArcelorMittal USA LLC and Cliffs Natural Resources Inc. have filed separate but almost identical petitions in an appellate court challenging the EPA's new regulations for taconite ore.
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Coiled stainless steel plate and cold-rolled stainless steel sheet prices have declined as market participants continue to lament lackluster end-user demand.
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Stricter safety rules for offshore drilling have been set by the Interior Department’s Bureau of Safety and Environmental Enforcement .
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A drop in demand from several Midwest steel mills and expectations of a seasonal improvement in scrap flow have combined with a lull in export activity to send scrap prices down about $20 per gross ton across the region.
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Schnitzer Steel Industries Inc.’s steel manufacturing unit, which operates as Cascade Steel Rolling Mills Inc., logged a profitable fiscal second quarter on the back of improved rebar sales, even as it saw total steel sales drop 16 percent year over year as a result of easing coiled product demand and import competition.
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United Steelworkers union Local 1104 in Lorain, Ohio, has been ordered to re-run an election of certain leadership positions April 9.
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Steel sheet prices continued to slide this week as domestic overcapacity and widespread discounting more than offset continued stability in demand.
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Turkish pipe and tube maker Borusan Mannesmann will receive $1.6 million from the Texas Enterprise Fund to help it build its planned oil country tubular goods (OCTG) and line pipe mill in Baytown.