• Russia, China drive steel imports up in July Aug 27, 2014

    U.S. steel mill product imports rose 6.1 percent in July due in part to increased inflows of hot-rolled coil from Russia, and cold-rolled and hot-dipped galvanized from China.

  • W. Coast hot-rolled not fetching full increases Aug 26, 2014

    West Coast price hikes for hot-rolled steel may be meeting some success, but the full $25-per-ton ($1.25-per-hundredweight) increase sought by steelmakers probably isn’t sticking, according to market sources.

  • US trade petition targets China steel shelving Aug 26, 2014

    Edsal Manufacturing Co. Inc., the largest U.S. manufacturer of boltless steel shelving, has filed a trade petition against Chinese producers of the product.

  • OCTG demand boosts TMK Ipsco results Aug 26, 2014

    TMK Ipsco, the domestic subsidiary of Russia’s OAO TMK, saw improved financial results in the second quarter and first half of 2014 due to higher shipments of seamless pipe

  • Analysts bullish on US steel industry Aug 26, 2014

    Wall Street analysts have turned upbeat on prospects for the U.S. steel sector, highlighting U.S. Steel Corp. and ArcelorMittal SA as promising picks due partly to better pricing trends.

  • US OCTG mills appeal Jesco duty exclusion Aug 26, 2014

    Four domestic oil country tubular goods (OCTG) producers are appealing a U.S. decision to exclude Jubail Energy Services Co. (Jesco) from dumping duties against product from Saudi Arabia.

  • Alloy Metals & Tubes names Salinas to senior sales post Aug 26, 2014

    Alloy Metals & Tubes International Inc. has appointed Christopher Salinas as a senior outside sales representative.

  • Hysco to appeal OCTG decision Aug 26, 2014

    Hyundai Hysco Co. and the South Korean government plan to lodge a complaint with the World Trade Organization regarding anti-dumping duties recently imposed on Hysco’s oil country tubular goods (OCTG) shipments to the United States.

  • US raw steel production at 27-month high Aug 26, 2014

    U.S. raw steel output totaled an estimated 1,932,000 net tons last week, up 0.7 percent from 1,919,000 tons the previous week, as mills operated at an average capacity utilization rate of 80.3 percent. It was the highest weekly level since the end of May 2012, when production reached 1,961,000 tons at an average capacity utilization rate of 79.6 percent.

  • Trade case vs. cold-roll, coated steel said near Aug 26, 2014

    A far-reaching trade case against cold-rolled and coated flat-rolled steel could be filed within the next 10 days, according to trader sources.

  • OCTG import prices set to rise Aug 25, 2014

    The United States likely will see prices for imported oil country tubular goods (OCTG) log further gains following the imposition of anti-dumping and countervailing duties on shipments from six countries.

  • Cliffs’ Bloom Lake targets said impossible Aug 25, 2014

    The New Jersey Treasury Department’s investment division has provided details of alleged securities fraud at Cliffs Natural Resources Inc. regarding the development of its Bloom Lake iron ore mine in Quebec based on interviews with 28 confidential witnesses.

  • OCTG rulings won’t hinder S. Korea sheet, plate Aug 25, 2014

    An anti-dumping ruling against South Korean oil country tubular goods (OCTG) won’t scare away the Korean hot-rolled sheet and plate that represents the main alternative to domestic sourcing on the West Coast, market sources said this week.

  • Strong N. American mart helps BlueScope trim loss Aug 25, 2014

    BlueScope Steel Ltd. narrowed its fiscal 2014 net loss by 23.1 percent, aided by solid North American results.

  • Cliffs launches $200M share buyback program Aug 25, 2014

    Iron ore miner Cliffs Natural Resources Inc.’s directors have authorized share buybacks worth up to $200 million, the company said Aug. 25.

  • Empire Industries’ earnings, sales jump Aug 25, 2014

    Empire Industries Ltd.’s earnings and sales jumped in the second quarter on more profitable bookings in its steel fabrication segment.

  • SDI said mulling Gallatin Steel acquisition Aug 25, 2014

    Steel Dynamics Inc. (SDI) is mulling an acquisition of electric-arc furnace hot-rolled coil producer Gallatin Steel Co., according to market sources.

  • US drilling slides, Canada rises Aug 25, 2014

    The number of drill rigs running in the United States fell by 17 last week.

  • China to appeal WTO decision Aug 25, 2014

    China plans to appeal a World Trade Organization decision on 17 countervailing duty investigations conducted by the U.S. Commerce Department from 2007 to 2012, including on oil country tubular goods, pressure pipe and line pipe.

  • Plate prices poised to rise, sentiment mixed Aug 23, 2014

    Plate prices appear poised to move upward after three major domestic producers recently announced increases of $30 to $40 per ton ($1.50 to $2 per hundredweight).

  • Outokumpu's Calvert mill will meet commitments Aug 22, 2014

    Outokumpu Stainless USA LLC’s Calvert, Ala., mill will meet “all fourth-quarter customer commitments,” a company spokeswoman told AMM, despite persistent rumors that maintenance issues have affected production and raw materials consumption at the site.

  • Energy plants lift construction index in July Aug 22, 2014

    Energy-related plant construction helped push a key domestic building index up 6 percent in July.

  • Takeover could strengthen PSL North America Aug 22, 2014

    PSL North America LLC’s pending sale to India’s Jindal SAW Ltd. could make the mill a more viable competitor in the large-diameter spiral-welded pipe market due to its new parent’s deeper pockets, industry participants told AMM this past week.

  • China rod/bar import confusion fades Aug 22, 2014

    U.S. imports of Chinese hot-rolled bar have plummeted from year-ago levels, mirroring a decline in Chinese wire rod imports, and market sources said the issue of misclassified material has become less of a problem this year.

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