Steel RSS

  • Steel sheet mart steady; price hikes possible Nov 27, 2013

    The U.S. steel sheet market remained quiet in the days leading up to Thanksgiving, and service centers were upbeat on steady business activity as some wondered if a new round of price increases was near.

  • ArcelorMittal Tubarão to run No. 3 furnace at full tilt by Sept. '14 Nov 27, 2013

    ArcelorMittal Tubarão expects to operate its 2.8 million-tonne-per-year No. 3 blast furnace at full capacity three months after its restart date, ArcelorMittal Brasil SA chief executive officer Benjamin Baptista said Nov. 27.

  • ITA delays determination on Indian threaded rod Nov 27, 2013

    The Commerce Department’s International Trade Administration (ITA) has postponed to Feb. 10 a preliminary determination concerning an anti-dumping duty investigation on imports of steel threaded rod from India.

  • Margins issued vs. circular-welded pipe from Taiwan Nov 27, 2013

    The Commerce Department’s International Trade Administration (ITA) has issued its final results in an anti-dumping duty administrative review on imports of circular-welded carbon steel pipes and tubes from Taiwan.

  • SSAB’s quench line in Ala. nears full production Nov 27, 2013

    SSAB Americas’ newest quenching line in Mobile, Ala., is approaching full capacity only a year after it was commissioned, as the steelmaker seeks to gain more ground in the growing advanced high-strength steel arena.

  • Ball to close aerosol can facility Nov 27, 2013

    Packaging manufacturer Ball Corp. has announced that it will cease production at the company’s Danville, Ill., steel aerosol packaging manufacturing plant during the second half of 2014.

  • TMK Ipsco revenue off despite rise in sales Nov 27, 2013

    TMK Ipsco, the North American subsidiary of Russian pipe and tube maker OAO TMK, logged a decline in nine-month earnings despite improved sales volumes as prices fell.

  • OCTG, semifinished lift US steel imports Nov 27, 2013

    U.S. steel imports jumped to the highest total in more than a year in October on strong increases in oil country tubular goods (OCTG), semifinished material and cold-rolled sheet, according to preliminary U.S. Census Bureau data.

  • Posco to start 2d Mexican galvanizing plant Nov 27, 2013

    South Korean steelmaker Posco Ltd. plans to commission its second galvanizing line in the port of Altamira, in Mexico’s Tamaulipas state, next year.

  • Mexico’s steel imports, exports fall Nov 27, 2013

    Mexico’s steel product imports totaled 550,000 tonnes in September, down 23.6 percent from 720,000 tonnes in August, according to national steel association Canacero.

  • Vale facing fine over workplace safety Nov 27, 2013

    Vale SA has been fined 18.9 million reais ($8.3 million) by a labor affairs court in Brazil’s Maranhão state for allegedly violating environmental and work safety standards.

  • Chinese daily crude steel output dips Nov 27, 2013

    China’s daily crude steel output dipped in mid-November amid lower domestic steel prices and the impact of stricter pollution controls on producers.

  • Republic Steel flips switch on 150-ton EF Nov 26, 2013

    Special bar quality (SBQ) producer Republic Steel has begun hot commissioning a new 150-ton electric-arc furnace (EF) at its Lorain, Ohio, plant, the company said.

  • US raw steel production down 0.3 percent Nov 26, 2013

    U.S. raw steel output totaled an estimated 1,850,000 net tons last week, down 0.3 percent from 1,856,000 tons the previous week,

  • M/K opens facility in Saskatchewan Nov 26, 2013

    Bar and tubing distributor Marmon/Keystone Canada Inc. has opened a new 25,500-square-foot service center in Saskatoon, Saskatchewan.

  • HSS prices up, but weak demand remains a risk Nov 26, 2013

    Hollow structural sections (HSS) prices have risen to $980 per ton ($49 per hundredweight) east of the Rockies as recent price increases by domestic mills have largely taken hold, market sources told AMM.

  • Outokumpu hikes stainless extras Nov 26, 2013

    Outokumpu Stainless USA LLC has increased its raw material surcharges across most stainless steel grades for December.

  • Oregon port looks to keep S. Korean shipper Nov 26, 2013

    The Port of Portland, Ore., is working to retain Hanjin Shipping Co. Ltd. after the South Korean shipping company said it would cease operations at the port.

  • Senators urge ITA to support US producers Nov 26, 2013

    Two U.S. senators have called on the U.S. Commerce Department’s International Trade Administration (ITA) to favor domestic oil country tubular goods (OCTG) producers in a final decision on a scope inquiry on imports of the product from China.

  • China’s nickel pig iron mart hit by oversupply, LME drop Nov 26, 2013

    China’s nickel pig iron (NPI) market took a further hit this week as falling nickel prices and ample supply led major steel mills to continue to reduce or roll over their purchase prices for next month.

  • Posco takes 10% stake in Brazilian steel mill Nov 26, 2013

    South Korean steelmaker Posco Ltd. has taken a 10-percent stake in flat-rolled steelmaker Cia. Siderúrgica Suape (CSS), the Brazilian steel company told AMM sister publication Steel First Nov. 25.

  • Esmark delays decision on Yorkville Nov 25, 2013

    Esmark Inc. has delayed a decision concerning the restart its Yorkville, Ohio, facility due to poor economic conditions, according to its top executive.

  • US slab imports off 2.3% in Sept. vs. Aug. Nov 25, 2013

    U.S. steel slab imports fell 2.3 percent month on month in September amid a major drop in shipments to the Columbia-Snake district offset by increases into Los Angeles.

  • Hebei province demolishes old furnaces Nov 25, 2013

    China’s largest steelmaking province of Hebei demolished 10 blast furnaces over the weekend in its bid to combat overcapacity.

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