http://www.amm.comhttp://feeds.feedburner.com/amm/GYQM©2013 www.amm.com60SteelThe House Transportation and Infrastructure Committee has approved legislation that would expedite the permitting of TransCanada Corp.’s proposed Keystone XL pipeline. http://www.amm.com/Article/3207675/House-committee-advances-bill-to-expedite-Keystone-XL.htmlFri, 17 May 2013 22:17:00 GMTThe U.S. steel industry could feel the effects of two major trade deals being negotiated by the government if certain provisions are not properly examined, according to participants at the American Iron and Steel Institute’s general meeting.http://www.amm.com/Article/3207670/US-must-approach-trade-pacts-with-caution-execs.htmlFri, 17 May 2013 22:15:00 GMTSteelmaker Nucor Corp. is coming ever closer to achieving its goal of moving up the value chain and creating higher-quality products for more rigorous applications, its top executive told AMM.http://www.amm.com/Article/3207664/Nucor-moving-up-value-chain-Ferriola.htmlFri, 17 May 2013 21:48:00 GMTGlobal stainless steel production grew 5.2 percent to 35.4 million tonnes in 2012, although output in regions outside China declined due to destocking, according to the International Stainless Steel Forum (ISSF). http://www.amm.com/Article/3207652/World-steel-output-rises-thanks-to-China-ISSF.htmlFri, 17 May 2013 21:48:00 GMTDomestic wire rod mills and wire drawers are bracing for a significant increase in Chinese rod imports, with stepped-up shipments from the Asian nation into the summer and early fall already affecting prices. http://www.amm.com/Article/3207653/US-mills-brace-for-flood-of-Chinese-rod.htmlFri, 17 May 2013 21:45:00 GMTDyson Corp. has said that an analysis of steel anchor rods it made for the San Francisco-Oakland Bay Bridge "exonerates" the company on the failure of several of the rods. http://www.amm.com/Article/3207651/Analysis-exonerates-Dyson-executive.htmlFri, 17 May 2013 21:43:00 GMTAt least two stainless steel melt shops in the United States could close in the next three years as the global market corrects for overcapacity, Markus Moll told delegates at the annual conference of the ISSF.http://www.amm.com/Article/3207638/Expect-melt-shop-closures-in-US-Moll.htmlFri, 17 May 2013 21:15:00 GMTThe steel industry faces major challenges in both the trade and regulatory arenas in the year ahead, according to Michael T. Rehwinkel, newly elected chairman of the American Iron and Steel Institute. http://www.amm.com/Article/3207635/Steel-industry-must-unite-on-trade-Rehwinkel.htmlFri, 17 May 2013 20:54:00 GMTBristol Metals LP, Felker Brothers Corp. and Outokumpu Stainless Pipe Inc. have filed a trade petition seeking imposition of anti-dumping duties against welded stainless pressure pipe, in outside diameters of less than 14-inch, from Malaysia, Thailand and Vietnam. http://www.amm.com/Article/3207636/Stainless-pipe-trade-case-filed-vs-3-nations.htmlFri, 17 May 2013 20:52:00 GMTThe boom in shale oil and gas, and tar sands oil output is good news for America, as well as the U.S. energy and metals sectors, a Marathon Petroleum Corp. executive said May 16.http://www.amm.com/Article/3207628/Shale-boom-a-bonanza-for-steel-exec.htmlFri, 17 May 2013 20:30:00 GMTThe International Stainless Steel Forum (ISSF) elected Aperam SA chief executive officer Phillippe Darmayan as its new chairman at its 17th annual conference in New Orleans.http://www.amm.com/Article/3207620/Darmayan-elected-ISSF-chairman.htmlFri, 17 May 2013 19:32:00 GMTFlat steel prices from Brazil’s Cia. Siderúrgica Nacional SA (CSN) to its domestic market are expected to increase 5 to 8 percent sequentially during the second quarter, according to commercial executive director Luis Fernando Martinez. http://www.amm.com/Article/3207619/CSN-sees-room-for-price-hikes-in-Brazil-as-net-sinks-in-qtr.htmlFri, 17 May 2013 18:53:00 GMTSeverstal North America Inc. is looking to move up the value chain in the products it supplies from its Columbus, Miss., mill to pipe makers, particularly as end-users in oil and gas ratchet increase their requirements. http://www.amm.com/Article/3207593/Severstals-Miss-mill-moving-up-value-chain.htmlFri, 17 May 2013 18:15:00 GMTThe European Union is going to have a very difficult time recovering from its sovereign debt crisis, banking crisis, structural crisis and competitive crisis, according to Gisbert Rühl, chairman and chief executive officer of Duisburg, Germany-based Klöckner & Co. SE. http://www.amm.com/Article/3207576/EU-economic-recovery-may-take-5-years-Klckners-Rhl.htmlFri, 17 May 2013 17:54:00 GMTIn the final results of an anti-dumping duty administrative review of imports of cut-to-length carbon-quality steel plate from South Korea from June 1, 2011, to May 31, 2012, the U.S. Commerce Department’s International Trade Administration (ITA) issued a weighted-average margin of zero to Dongkuk Steel Mill Co. Ltd., Samsung C&T Corp. and TCC Steel Corp.http://www.amm.com/Article/3207506/ITA-issues-results-in-review-vs-Korea-plate.htmlFri, 17 May 2013 16:42:00 GMTA steelworker at St. Louis Cold Drawn Inc. was electrocuted May 15. http://www.amm.com/Article/3207462/St-Louis-Cold-Drawn-worker-dies.htmlFri, 17 May 2013 16:08:00 GMTChina’s daily crude steel output for the first 10 days of May reached 2.193 million tonnes, beating the daily record for April. http://www.amm.com/Article/3207421/Chinas-daily-crude-steel-output-up-again-in-early-May.htmlFri, 17 May 2013 15:22:00 GMTJapanese steelmaker JFE Steel Corp. has signed a joint-venture agreement to set up a steel pipe plant in China’s Zhejiang province to target automotive producers, it said May 16. http://www.amm.com/Article/3207416/JFE-Steel-sets-up-China-auto-pipe-venture.htmlFri, 17 May 2013 15:20:00 GMTGrowing Chinese interest in the ferrous derivatives arena is driving iron ore futures screen trading, Martin Evans, CME Group Inc.’s director of metals products, told AMM sister publication Steel First in an interview May 16. http://www.amm.com/Article/3207407/China-driving-iron-ore-futures-screen-trading-CME.htmlFri, 17 May 2013 14:58:00 GMTEnforcing U.S. trade policy and capitalizing on low-priced natural gas will help U.S. steelmakers while offering broad economic benefits, including job creation and manufacturing growth, a number of steel executives said at an industry conference May 16. http://www.amm.com/Article/3207127/Future-bright-despite-challenges-steel-execs.htmlThu, 16 May 2013 23:18:00 GMTGrupo Simec SAB de CV, parent company of Lorain, Ohio-based Republic Steel, expects to make about $1.3 billion over the life of a five-year billet supply deal with Pittsburgh-based U.S. Steel Corp.’s tubular facility in Lorain.http://www.amm.com/Article/3207119/Republic-to-gain-13B-in-US-Steel-billet-supply-deal.htmlThu, 16 May 2013 22:48:00 GMTA federal judge has denied a six-month extension to a group of large steel mills and distributors named in a lawsuit brought by MM Steel LP alleging they conspired to drive MM Steel out of the market. http://www.amm.com/Article/3207114/Judge-nixes-extension-in-MM-Steel-suit.htmlThu, 16 May 2013 22:31:00 GMTWhile the United States remains one of the strongest economies globally, lackluster growth and a large fiscal deficit may cause serious downward pressure in the near term, according to one economist. http://www.amm.com/Article/3207066/Outlook-for-US-is-weak-but-still-better-than-elsewhere.htmlThu, 16 May 2013 22:06:00 GMTPipe and tube distributors say they would welcome a move by flat-rolled steelmakers to take capacity offline in order to prop up pricing for the substrate. http://www.amm.com/Article/3207054/Pipe-distributors-hope-for-flat-rolled-cutback.htmlThu, 16 May 2013 21:19:00 GMTU.S. steel mills shipped more than 7.92 million net tons in March, 6.5 percent higher than the 7.44 million tons shipped the previous month but down 6.9 percent from 8.51 million tons in March 2012, American Iron and Steel Institute data show.http://www.amm.com/Article/3206903/Steel-mill-shipments-rise-in-March.htmlThu, 16 May 2013 18:47:00 GMTMichael T. Rehwinkel, president and chief executive officer of Evraz Inc. North America, has been elected chairman of the American Iron and Steel Institute. http://www.amm.com/Article/3206847/Evraz-NAs-Michael-Rehwinkel-new-AISI-chairman.htmlThu, 16 May 2013 17:26:00 GMTThe last vestiges of a West Coast hike of $30 per ton on structural steel tubing appear to be fading away as prices return to previous levels.http://www.amm.com/Article/3206822/West-Coast-structural-tubing-price-hike-erodes.htmlThu, 16 May 2013 17:01:00 GMTBrazil’s merchant pig iron exports fell sharply in April, largely due to lower shipments to U.S. buyers. http://www.amm.com/Article/3206748/Brazil-pig-iron-exports-drop-in-April.htmlThu, 16 May 2013 15:42:00 GMTThe North Carolina House of Representatives has passed a bill that would effectively block the use of Leadership in Energy and Environmental Design (LEED) ratings for public projects, a move that Nucor Corp. protested because it could hurt steel mills in the region that sell construction-related products. http://www.amm.com/Article/3206358/Nucor-opposes-NC-bill-blocking-LEED.htmlWed, 15 May 2013 21:25:00 GMTThe embattled long steel products market is likely heading toward a new pricing floor and any rebound is a long way off, according to a short-range forecast by the International Rebar Exporters and Producers Association (Irepas). http://www.amm.com/Article/3206326/Long-steel-prices-said-on-course-for-new-floor.htmlWed, 15 May 2013 19:00:00 GMTGerman steel producer and industrial manufacturer ThyssenKrupp AG reported a net loss attributable to its shareholders of €656 million ($843.6 million) for the quarter ending March 31, the company said May 15. http://www.amm.com/Article/3206294/Americas-write-down-sends-TK-to-loss-in-qtr.htmlWed, 15 May 2013 17:54:00 GMTCanadian iron ore producer Labrador Iron Mines Holdings Ltd. (LIM) has renewed its iron ore sales agreement with Iron Ore Co. of Canada (IOC) for all of its iron ore production in 2013 and 2014. http://www.amm.com/Article/3206251/Labrador-Iron-Mines-signs-two-year-iron-ore-deal-with-IOC.htmlWed, 15 May 2013 17:09:00 GMTArcelorMittal USA LLC has confirmed that it is on track to restart its coke operations in Monessen, Pa., in May 2014. http://www.amm.com/Article/3206244/ArcelorMittal-USA-sets-restart-of-Pa-coke-plant-for-May-2014.htmlWed, 15 May 2013 17:00:00 GMTStemcor Holdings Ltd., the world’s largest steel trader, plans to divest parts of its business in a wider restructuring process implemented by new chief executive officer Julian Verden, sources close to the company told AMM sister publication Steel First. http://www.amm.com/Article/3206236/Stemcor-said-planning-asset-sales-as-part-of-restructuring.htmlWed, 15 May 2013 16:55:00 GMTThe steel sheet spot market has dragged its feet this week as thin margins and short lead times continue to hinder pricing upside. http://www.amm.com/Article/3206189/Sheet-depressed-amid-oversupply-flat-orders.htmlWed, 15 May 2013 15:59:00 GMTDomestic producers of energy tubulars saw weak first-quarter results across the board, and the industry is now a step nearer to filing a trade complaint, according to Scott Montross.http://www.amm.com/Article/3205819/NW-Pipe-margins-bring-mart-nearer-trade-case.htmlTue, 14 May 2013 22:06:00 GMTThe Commerce Department’s International Trade Administration (ITA) has initiated an anti-dumping duty investigation into imports of prestressed concrete steel rail tie wire from China, Mexico and Thailand. http://www.amm.com/Article/3205814/ITA-begins-probe-into-steel-rail-tie-wire-imports.htmlTue, 14 May 2013 21:49:00 GMTHot-rolled and cold-finished bar product prices both fell in May amid lower scrap surcharges, with hot-rolled taking the bigger tumble, market sources said. http://www.amm.com/Article/3205810/SBQ-prices-follow-scrap-down-buyers.htmlTue, 14 May 2013 21:32:00 GMTSteel Dynamics Inc. (SDI) will lower its scrap surcharge on special bar quality (SBQ) products rolled at its Pittsboro, Ind., mill by $1 per hundredweight ($20 per ton) effective June 1. http://www.amm.com/Article/3205804/SDI-lowering-SBQ-surcharge-adjusting-alloy-extras.htmlTue, 14 May 2013 20:55:00 GMTAtkore International Holdings Inc. posted a $2-million net loss for its fiscal second quarter vs. net income of $4 million in the same period a year ago on sales that fell 4.9 percent to $406 million, the company said.http://www.amm.com/Article/3205791/Atkore-swings-to-net-loss-on-decline-in-pipe-prices.htmlTue, 14 May 2013 20:35:00 GMTBri-Chem Corp. says it is hard to predict how the rest of the year will shape up for the North American drilling market, although it does expect a second-quarter decline in Canadian activity due to the snow melt. http://www.amm.com/Article/3205756/Bri-Chems-N-America-drilling-outlook-clouded.htmlTue, 14 May 2013 19:31:00 GMTEdgen Group Inc. has withdrawn its previously issued guidance for 2013 as it posted a first-quarter net loss of nearly $5.39 million on sales that fell 19.7 percent to $406.1 million. http://www.amm.com/Article/3205736/Edgen-logs-net-loss-withdraws-guidance.htmlTue, 14 May 2013 18:50:00 GMTStainless steel prices are currently at "unsustainable levels," Allegheny Technologies Inc. (ATI) chairman, president and chief executive officer Richard Harshman told AMM. http://www.amm.com/Article/3205717/Stainless-base-price-hike-needed-Harshman.htmlTue, 14 May 2013 18:24:00 GMTJeff Allman, a ferrous raw materials trader at Trafigura AG/NEMS (USA) Inc., is no longer with the company, a spokesman confirmed. http://www.amm.com/Article/3205675/Trader-Jeff-Allman-exits-Trafigura.htmlTue, 14 May 2013 17:33:00 GMTEvraz Inc. North America has named John Zanieski executive vice president of the company’s flat products group and recycling, the company said May 14. http://www.amm.com/Article/3205706/Evraz-names-Zanieski-flat-steel-recycling-vp.htmlTue, 14 May 2013 17:28:00 GMTMaruichi Leavitt Pipe & Tube LLC has appointed Mark Goodkind as Midwest sales manager. http://www.amm.com/Article/3205640/Maruichi-appoints-Midwest-sales-chief.htmlTue, 14 May 2013 16:38:00 GMTDebt held by China’s 86 largest steelmakers grew 6.3 percent in the first quarter to about 3 trillion yuan ($484 billion), underlining the tough state of market conditions. http://www.amm.com/Article/3205629/Debt-soars-at-biggest-Chinese-mills-in-qtr.htmlTue, 14 May 2013 16:23:00 GMTGerdau Long Steel North America has solved most of the shipping delays caused by the first-quarter installation of its new SAP software, although buyers maintain some minor teething pains persist with the new inventory tracking system. http://www.amm.com/Article/3205622/Gerdaus-SAP-system-begins-to-find-footing.htmlTue, 14 May 2013 16:10:00 GMTJapanese steelmakers are expected to increasingly focus their exports on intermediate products rather than high-grade processed ones, a senior industry executive told AMM sister publication Steel First. http://www.amm.com/Article/3205616/Japanese-steelmakers-focus-turns-to-intermediate-exports.htmlTue, 14 May 2013 16:04:00 GMTIndian steelmaker Tata Steel Ltd. will report a $1.6-billion noncash write-down of its assets for its fiscal year ended March 31.http://www.amm.com/Article/3205523/Indias-Tata-Steel-to-report-16B-write-down.htmlTue, 14 May 2013 14:59:00 GMTU.S. raw steel output totaled an estimated 1,881,000 net tons last week, down 0.2 percent from 1,884,000 tons the previous week, as mills operated at an average capability utilization rate of 78.5 percent. http://www.amm.com/Article/3205521/US-raw-steel-production-declines-slightly.htmlTue, 14 May 2013 14:58:00 GMTStainless steel producer Outokumpu Oyj is considering divesting its VDM alloy business, which it acquired in its merger with ThyssenKrupp AG’s Inoxum Group, in order to improve profitability.http://www.amm.com/Article/3205513/Outokumpu-may-divest-VDM-unit.htmlTue, 14 May 2013 14:47:00 GMTChina Gerui Advanced Materials Group Ltd. has retained Craig T. Bouchard’s Cambelle-Inland as an adviser for its strategic planning and expansion in North America and "around the world," the company said May 13. http://www.amm.com/Article/3205195/Cambelle-Inland-to-advise-China-Gerui.htmlMon, 13 May 2013 21:54:00 GMTU.S. Steel Corp. and Kobe Steel Ltd. commissioned the new continuous annealing line at their Pro-Tec Coating Co. joint venture in Leipsic, Ohio, on May 13.http://www.amm.com/Article/3205189/Pro-Tec-commissions-annealing-line.htmlMon, 13 May 2013 21:33:00 GMTRecruiting quality skilled workers remains a challenge for the steel industry, a number of executives said last week at the Association for Iron and Steel Technology’s AISTech 2013 conference in Pittsburgh. http://www.amm.com/Article/3205190/Skills-gap-remains-top-issue-for-steel-execs.htmlMon, 13 May 2013 21:24:00 GMTNucor Corp. will lower its raw materials surcharge on special bar quality (SBQ) products by $1.10 per hundredweight ($22 per ton) to $10.50 per cwt ($210 per ton) effective with June 1 shipments, the company said in a May 10 letter to customers.http://www.amm.com/Article/3205169/Nucor-lowers-SBQ-extra-for-June.htmlMon, 13 May 2013 20:36:00 GMTSteel plate prices have retreated from their 2013 highs in recent days as a combination of lower scrap prices and difficult end-market business has caused some downward pressure, sources said. http://www.amm.com/Article/3205160/Midwest-steel-plate-prices-soften-slightly.htmlMon, 13 May 2013 19:54:00 GMTUniversal Stainless & Alloy Products Inc.’s Bridgeville, Pa., facility has achieved National Aerospace and Defense Contractors Accreditation Program (Nadcap) heat-treat accreditation. http://www.amm.com/Article/3205122/Universal-Stainless-Pa-plant-Nadcap-certified.htmlMon, 13 May 2013 18:45:00 GMTThe number of drill rigs running in the United States increased by five last week, led by Texas (up seven), while Canadian drilling activity slipped by three rigs compared with the previous week.http://www.amm.com/Article/3205118/US-drill-rig-tally-up-Canada-off.htmlMon, 13 May 2013 18:24:00 GMTChina’s Ministry of Commerce has launched an anti-dumping duty investigation concerning imports of high-temperature alloy steel seamless pipe from the United States, the European Union and Japan. http://www.amm.com/Article/3205107/China-launches-probe-vs-US-Japan-high-temp-alloy-pipe.htmlMon, 13 May 2013 17:58:00 GMTThe Commerce Department’s International Trade Administration (ITA) has issued the final results of an anti-dumping duty administrative review on carbon and certain alloy steel wire rod from Mexico from Oct. 1, 2010, to Sept. 30, 2011. http://www.amm.com/Article/3205106/Final-results-issued-in-review-vs-carbon-alloy-steel-wire-rod-from-Mexico.htmlMon, 13 May 2013 17:53:00 GMTOhio Star Forge Co. will break ground May 14 on a $20-million expansion project in Champion Township, Ohio. http://www.amm.com/Article/3205095/Ohio-Star-Forge-to-break-ground-on-expansion.htmlMon, 13 May 2013 17:42:00 GMTA brief uptick in commodity-grade carbon steel plate prices on the West Coast appears to be coming to an end as $60-per-ton domestic hikes announced in the first quarter are eroding, market sources said.http://www.amm.com/Article/3205079/West-Coast-steel-plate-hikes-eroding.htmlMon, 13 May 2013 17:21:00 GMTLos Angeles-area ports, which already have the reputation of being among the most expensive U.S. arrival points for imported steel, are due to get a lot more costly, according to local shipping industry executives. http://www.amm.com/Article/3205065/Los-Angeles-area-port-costs-climbing.htmlMon, 13 May 2013 17:03:00 GMTBankrupt coal miner Patriot Coal Corp. reported a wider net loss for the first quarter. http://www.amm.com/Article/3205061/Patriot-Coals-1st-qtr-net-loss-widens-to-1159M.htmlMon, 13 May 2013 16:45:00 GMTBrazilian flat steel producer Usinas Siderúrgicas de Minas Gerais SA (Usiminas) has been sitting out of the spot export market for the last few months due to low prices, according to a senior executive.http://www.amm.com/Article/3205051/Usiminas-out-of-spot-market-for-flat-exports.htmlMon, 13 May 2013 16:29:00 GMTAllied Tube & Conduit Corp. continues to negotiate a new labor contract with unionized workers at its Harvey, Ill., facility. http://www.amm.com/Article/3205040/Allied-Tube-labor-talks-continue.htmlMon, 13 May 2013 16:09:00 GMTA production ramp-up at ArcelorMittal Mines Canada remains on track, ArcelorMittal SA chairman and chief executive officer Lakshmi Mittal said in a statement released with first-quarter results May 10.http://www.amm.com/Article/3204988/ArcelorMittal-Mines-Canada-iron-ore-ramp-up-on-track.htmlMon, 13 May 2013 14:52:00 GMTFlat-rolled steel producer ArcelorMittal Dofasco Inc. says it has yet to be affected by a union lockout at nearby U.S. Steel Corp.’s Lake Erie Works. http://www.amm.com/Article/3204545/No-impact-yet-from-USS-lockout-Dofasco.htmlFri, 10 May 2013 22:36:00 GMTOne worker was killed and two others injured in a May 9 accident at Southland Tube Inc.’s Birmingham, Ala., facility. http://www.amm.com/Article/3204543/Accident-at-Southland-Tube-kills-one-worker-injures-two-others.htmlFri, 10 May 2013 22:31:00 GMTA majority of Nucor Corp. shareholders defeated a proposal by a Boston-based family of mutual funds to have the steelmaker provide more transparency into its lobbying efforts. http://www.amm.com/Article/3204540/Nucor-shareholders-nix-push-by-fund-for-full-disclosure.htmlFri, 10 May 2013 22:15:00 GMTArcelorMittal SA recorded its third consecutive net loss in the first quarter on the back of challenging economic conditions but anticipates positive signs in the second half of the year, particularly in its Americas division.http://www.amm.com/Article/3204522/ArcelorMittals-losses-narrow-in-1st-qtr.htmlFri, 10 May 2013 21:44:00 GMTSteel sheet prices softened this past week as market participants continued to cite overcapacity and too many players chasing too little business as top concerns.http://www.amm.com/Article/3204530/Steel-sheet-spot-prices-down-again.htmlFri, 10 May 2013 21:32:00 GMTMembers of United Steelworkers union Local 3643 ratified a two-year contract extension May 5 with Alton Steel Co., which local president Terry Wooden called a win-win for both sides.http://www.amm.com/Article/3204494/Alton-Steel-union-OKs-2-year-labor-extension.htmlFri, 10 May 2013 21:21:00 GMTThe U.S. International Trade Commission voted May 10 that there is reasonable indication that the domestic industry is materially injured by imports of diffusion-annealed, nickel-plated, flat-rolled steel products from Japan. http://www.amm.com/Article/3204489/ITC-sees-indication-of-injury-from-Japan-flat-steel-imports.htmlFri, 10 May 2013 21:11:00 GMTGreater use of aluminum is helping Cadillac reduce overall weight of its ATS and CTS sedans, the luxury automaker said. http://www.amm.com/Article/3204464/Cadillac-lightweights-luxury-cars-with-aluminum-AHSS-parts.htmlFri, 10 May 2013 20:50:00 GMTTenaris SA launched two new premium connections for deepwater drilling during the Offshore Technology Conference in Houston. http://www.amm.com/Article/3204439/Tenaris-debuts-two-new-premium-connections.htmlFri, 10 May 2013 20:21:00 GMTSynalloy Corp.’s Ram-Fab subsidiary has won a $6-million fabrication contract to provide high-nickel alloy, stainless and carbon steel piping systems for the Mexico-based operations of a Fortune-500 chemical manufacturing company.http://www.amm.com/Article/3204385/Synalloy-unit-wins-Mexico-piping-systems-deal.htmlFri, 10 May 2013 19:15:00 GMTReinforcing bar demand remains spotty nationwide, with some regions seeing a flurry of activity and others reportedly thirsty for work. http://www.amm.com/Article/3204372/Rebar-prices-softening-amid-patchy-demand.htmlFri, 10 May 2013 19:05:00 GMTThe ongoing margin squeeze in the global steel industry coupled with an overvalued currency and rising inflation in Brazil have severely affected the Latin American nation’s slab exports.http://www.amm.com/Article/3204265/Margin-squeeze-inflation-hit-Brazil-slab-exports.htmlFri, 10 May 2013 16:23:00 GMTAlgoma Tubes Inc. has been fined $70,000 by the Ontario Provincial Offences Court for alleged Occupational Health and Safety Act violations that led to the injury of two workers, according to the court. http://www.amm.com/Article/3204196/Ontario-court-fines-Algoma-Tubes-70000.htmlFri, 10 May 2013 15:36:00 GMTThe continued weakening of the Japanese currency is expected to reshape the competitive landscape of the Asian steel sector, according to analysts at Credit Suisse Group AG.http://www.amm.com/Article/3204165/Weakening-yen-reshaping-Asian-steel-sector.htmlFri, 10 May 2013 14:44:00 GMTNorthwest Pipe Co. has filed a $1.9-million lawsuit against ThyssenKrupp Steel USA LLC over a shipment of steel coil that was allegedly defective, forcing the Vancouver, Wash.-based pipe and tube maker to buy steel plate from a third party instead. http://www.amm.com/Article/3203786/NW-Pipe-sues-TK-over-alleged-defective-coil.htmlThu, 09 May 2013 22:51:00 GMTIncreased line pipe and heavy structural product shipments helped lift steel exports in March, data from the Commerce Department’s Import Administration show.http://www.amm.com/Article/3203784/Steel-exports-up-61-in-March-vs-February.htmlThu, 09 May 2013 22:43:00 GMTActivity in the steel wire rod market has failed to meet expectations in May, and both buyers and suppliers say they’ve seen little if any improvement in demand over the past few weeks. http://www.amm.com/Article/3203763/Steel-wire-rod-prices-flat-but-demand-lags.htmlThu, 09 May 2013 22:08:00 GMTEssar Steel Algoma Inc. has confirmed that the company’s lenders have approved an amendment to its credit agreement intended to reinforce the flat-rolled steelmaker’s liquidity position.http://www.amm.com/Article/3203757/Essar-confirms-50M-credit-amendment.htmlThu, 09 May 2013 21:43:00 GMTThe trade deficit between iron and steel mill product imports and exports, valued at $544 million, fell 20 percent in March after growing 11.5 percent in February as imports declined at more than twice the rate of exports, according to the U.S. Bureau of Economic Analysis.http://www.amm.com/Article/3203594/Steel-mill-product-trade-deficit-shrinks.htmlThu, 09 May 2013 17:46:00 GMTRegulations on the sourcing of tantalum, tin and tungsten are creating legal headaches in the U.S. manufacturing supply chain, according to panelists at the recent MetalMiner-sponsored Conflict Minerals Edge conference in Chicago. http://www.amm.com/Article/3203590/Inquiries-on-conflict-minerals-rise.htmlThu, 09 May 2013 17:43:00 GMTSeveral congressmen and a retired U.S. Army brigadier general are calling on the federal government to reduce its dependence on foreign-sourced raw materials used in defense equipment.http://www.amm.com/Article/3203580/Import-reliance-said-harming-defense.htmlThu, 09 May 2013 17:39:00 GMTJapanese steel output is forecast to reach 27.58 million tonnes in the current fiscal quarter, its highest level since the fourth quarter of 2010, amid continued growth in reconstruction and export demand, Japan’s Ministry of Economy, Trade and Industry (Meti) said. http://www.amm.com/Article/3203450/Japans-steel-output-seen-topping-275M-tonnes-in-qtr.htmlThu, 09 May 2013 15:55:00 GMTChina’s steel demand will peak at about 1 billion tonnes in 2030, according to an executive at Rio Tinto Plc. http://www.amm.com/Article/3203439/Chinese-steel-demand-will-peak-in-2030-Rio-Tinto-exec.htmlThu, 09 May 2013 15:45:00 GMTNonresidential construction could return to pre-recession levels within the next few years, with U.S. light vehicle output hitting 17 million units annually by 2018, panelists said May 8 at the Association for Iron and Steel Technology’s AISTech 2013 conference. http://www.amm.com/Article/3203027/Construction-auto-production-outlook-upbeat-at-AISTech.htmlWed, 08 May 2013 22:30:00 GMTFundamental problems with U.S. trade policy—particularly when it comes to defining "injury"—are resulting in an uneven playing field in the battle against imports, steelmakers said.http://www.amm.com/Article/3203019/Steel-needs-faster-firmer-trade-policy-execs.htmlWed, 08 May 2013 22:01:00 GMTHyundai Hysco Ltd. has seen a tepid start to 2013 after steadily improving demand each year following the recession, a top executive told AMM on the sidelines of the Offshore Technology Conference (OTC) in Houston.http://www.amm.com/Article/3203010/Pipe-tube-demand-tepid-Hyundai-Hysco.htmlWed, 08 May 2013 21:46:00 GMTAccess to affordable natural gas will help ensure that U.S. steelmakers remain competitive in a global environment, with some domestic companies having already capitalized on its benefits, according to a number of industry executives.http://www.amm.com/Article/3202939/Natural-gas-fueling-US-steel-growth.htmlWed, 08 May 2013 19:28:00 GMTMarmon/Keystone LLC has opened a service center near Nashville, Tenn., to distribute aluminum and stainless pipe and tube, cold-drawn seamless, cold-rolled electric-weld, drawn-over-mandrel (DOM) and hot-rolled seamless steel tubing. http://www.amm.com/Article/3202932/MarmonKeystone-opens-Nashville-distribution-hub.htmlWed, 08 May 2013 19:04:00 GMTChina’s finished steel exports totaled 5.55 million tonnes in April, up 5.1 percent from 5.28 million tonnes in March, according to preliminary Chinese customs data. http://www.amm.com/Article/3202888/Chinas-finished-steel-exports-up-in-April-vs-March.htmlWed, 08 May 2013 17:48:00 GMTNorthwest Pipe Co. has turned the page on one of its most difficult chapters with the end of both a U.S. Securities and Exchange Commission (SEC) probe and related shareholder lawsuits arising out of accounting troubles that began more than three years ago. http://www.amm.com/Article/3202861/NW-Pipe-reporting-probe-lawsuits-end.htmlWed, 08 May 2013 17:12:00 GMTPacific Coal Resources Ltd. plans to restart metallurgical coal production at its Jam coke asset in May or June of this year, executive chairman Hernan Martinez has told AMM sister publication Steel First. http://www.amm.com/Article/3202725/Pacific-Coal-plans-to-restart-Jam-coke-mine-in-Colombia.htmlWed, 08 May 2013 15:09:00 GMTGerdau SA is planning a June start-up for its 770,000-tonne-per-year hot-strip mill in Brazil after repeated delays, chief executive officer André Gerdau Johannpeter said.http://www.amm.com/Article/3202717/Gerdau-to-start-HRC-mill-in-June.htmlWed, 08 May 2013 13:18:00 GMT