Jun 18, 2013 | 06:37 PM
U.S. and Canadian service centers recorded drops in both steel shipments and inventories in May as market players questioned the ability of domestic mills to stick to their guns on recently announced price moves.
Jun 18, 2013 | 06:29 PM
Alita USA is planning to spend $120 million to build a welded oil country tubular goods (OCTG) mill in the United States capable of producing 150,000 tonnes of finished product annually, according to president and chief executive officer Ali Hosseini.
Jun 18, 2013 | 05:36 PM
Skyrocketing overcapacity in the steel sector continues to be one of the U.S. industry’s main challenges, particularly as weak trade laws and lax enforcement encourage many foreign mills to send unfairly traded volumes stateside, a top U.S. Steel Corp. executive said.