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    Plate tags fall as stocks bulge, shipments slide

    Jul 26, 2016

    Plate prices have dropped and shipments have slowed as imports and service center inventories have bulged, according to market sources. More »

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    AK Steel returns to profit despite lower sales

    Jul 26, 2016

    AK Steel Corp. posted a profit in the second quarter after recording a loss a year earlier, thanks to reduced exposure to spot markets and an emphasis on higher-value steel products, according to the company's top executive. More »

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    Aerospace ramp-up raises the bar for ATI

    Jul 26, 2016

    Allegheny Technologies Inc.’s (ATI’s) aerospace customers are increasingly monitoring the performance of their suppliers and demanding enhanced products and processes as the aircraft production ramp-up accelerates faster than expected. More »

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    Revolution settles one lawsuit, two pending

    Jul 26, 2016

    Revolution Aluminum LLC has reached a settlement with one of the plaintiffs in a series of ongoing lawsuits against the company’s top executive, though two federal lawsuits involving Revolution remain open, according to court documents. More »

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    China must cut steel output, not capacity: BIR

    Jul 26, 2016

    China must cut its actual steel production, not focus on capacity reductions, in order for global steel and ferrous scrap prices to truly strengthen, according to the Bureau of International Recycling’s (BIR’s) ferrous division president. More »

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    Himpe tapped to head ArcelorMittal NA

    Jul 26, 2016

    Robrecht Himpe has been appointed chief executive officer of ArcelorMittal North America, replacing Jim Baske, who has left the steelmaker to pursue other opportunities. More »

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    Bayou Steel rebar mill joins purchasing co-op

    Jul 26, 2016

    Bayou Steel Group's reinforcing bar mill in Vinton, Texas, has joined the North American Steel Alliance purchasing cooperative, the company’s top executive said. More »

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    AK Steel eyes further price gains in 3rd quarter

    Jul 26, 2016

    Average selling prices for AK Steel Corp. products could rise a further $25 per ton in the steelmaker’s upcoming third quarter, company executives said in an earnings-call outlook. More »

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    Noranda Income Fund upbeat on prospects

    Jul 26, 2016

    Noranda Income Fund is “cautiously optimistic” about its prospects given “signs of recovery from the U.S. steel industry,” though the zinc metal producer has terminated discussions about extending its concentrate supply agreement with Glencore Canada Corp. beyond 2017. More »

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    Recycler fined for allegedl records violations

    Jul 26, 2016

    California catalytic converter recycler Legends Smelting & Recycling Inc. has been ordered to pay more than $90,000 in penalties for allegedly failing to properly record the source of car parts it purchased and for post-dating customer checks. More »

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    Coil Americas cuts losses on record output

    Jul 26, 2016

    Outokumpu Coil Americas managed to cut its losses during the second quarter on the back of record output, higher prices, stronger demand and trade case wins. More »

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    Evraz NA laying off 125 more at Regina pipe mill

    Jul 26, 2016

    Evraz North America Inc. is laying off 125 more employees at its pipe mill in Regina, Saskatchewan, citing challenges from low-priced imports and pipeline project delays. More »

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    Diversified Recycling files Chapter 7

    Jul 26, 2016

    A meeting of creditors has been scheduled for Florida electronics recycler Diversified Recycling Inc., which previously filed a petition to liquidate under Chapter 7 of the U.S. Bankruptcy code. More »

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