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Essar Steel Algoma Inc. has been fined Canadian $250,000 ($242,596) by Ontario’s Ministry of Labour.
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Mario Longhi will become president of U.S. Steel Corp. effective June 1 and also take on responsibilities in risk management and human resources.
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Tenaris SA has signed a five-year agreement with Brazil’s Petróleo Brasileiro SA (Petrobras) to supply the oil company with 9⅝-inch casing using TenarisHydril Blue premium connections for offshore exploration wells, the company said May 29.
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Stainless steel consumption in the appliance sector is beating expectations and growing in 2013, while the trend toward lightweighting in automotive production also should boost stainless consumption, according to Steven Wasil.
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Bankrupt coal producer Patriot Coal Corp. is allowed to make essential changes to its collective bargaining agreements with the United Mine Workers of America (UMWA) union, according to a ruling by the U.S. Bankruptcy Court in St. Louis.
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China’s H-beam export prices have fallen this week amid thin trading.
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A World Trade Organization (WTO) disputes panel has been authorized to settle a conflict over anti-dumping duties imposed by China on high-performance stainless steel seamless tubes imported from Japan.
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Schnitzer Steel Industries Inc. is warning investors that it will realize lower earnings in its fiscal third quarter due to declining selling prices, constrained supply trends and lower tax benefits.
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A breach-of-contract lawsuit filed by Irondale Industrial Contractors Inc. against Gerdau Special Steel North America in February was dismissed without prejudice May 13, as the two sides agreed to proceed to arbitration.
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The state of Washington has given itself a relatively tight four-month target to install a permanent replacement for the collapsed Skagit River bridge as potential steel suppliers make quick estimates of the volume of steel that might be required.
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Max Aicher North America Inc.’s idled Hamilton, Ontario, threaded bar mill could begin production again in the next three to four months if the union local approves a proposed contract, MANA chief financial officer David Cameron told AMM.
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Distributor selling prices for oil country tubular goods (OCTG) fell to a 38-month low in May, driven by a fall in welded product tags.
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Vallourec SA is renaming some domestic subsidiaries effective June 1, in line with a global rebranding effort.
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Austria’s Voestalpine Group has signed a memorandum of understanding with Mexico’s biggest integrated steelmaker, Altos Hornos de México SAB de CV (Ahmsa), to sell the steelmaker several hundred thousand tonnes of hot-briquetted iron (HBI) annually from its planned HBI and direct-reduced iron (DRI) facility in Corpus Christi, Texas.
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Workers at U.S. Steel Corp.’s tubular facility in McKeesport, Pa., are "in the process" of ratifying a new labor agreement, a United Steelworkers union spokesman told AMM May 29.
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Two senators have urged the U.S. Commerce Department to continue imposing anti-dumping and countervailing duties on Chinese steel pipe.
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Timken Co. has appointed Karen A. Hannum general sales manager of the steel segment’s industrial business and E. Buddy Damm chief engineer of the steel segment’s industrial business.
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Three years after Valbruna Slater Steel Corp. and Fort Wayne Steel Corp. filed a lawsuit attempting to get the former owner of their properties to pay for environmental remediation, the case is headed for discovery.
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Ferrous scrap participants globally are bracing themselves for a weaker market for the remainder of 2013 against slow demand in the steel sector, a theme that dominated proceedings during a session at this week’s Bureau of International Recycling (BIR) conference in Shanghai.
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China’s export market for plate saw another dip this week due to low transactions and list price cuts.
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U.S. raw steel output totaled an estimated 1,850,000 net tons last week, down 2.8 percent from 1,904,000 tons the previous week, as mills operated at an average capability utilization rate of 77.2 percent.
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The West Coast’s two major flat-rolled steel producers may have hiked published prices, but buyers aren’t yet convinced that tags will actually rise in a market that they say remains highly competitive.
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Rebar imports from Turkey might be in line to fall after registering a large spike this month, AMM has been told, with rumors of a rebar trade case potentially keeping the Turks out of the U.S. market.
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Welded pipe and tube prices are continuing their recent slide due to anemic coil prices in the United States and abroad in addition to significant oversupply, market sources told AMM.