Steel RSS

  • Voestalpine starts output at US auto parts plant Apr 23, 2014

    Voestalpine Group has begun producing high-strength steel auto components at its $70-million Voestalpine Automotive Body Parts Inc. subsidiary in Cartersville, Ga.

  • ATI closing iron casting facility by end of June Apr 22, 2014

    Allegheny Technologies Inc. (ATI) will close its iron castings facility in LaPorte, Ind., by the end of June, according to a U.S. Securities and Exchange Commission filing.

  • ATI expects emerging positive trends Apr 22, 2014

    ATI expects emerging trends in the form of longer lead times for many of its products, the realization of modest base price increases, and a shift in the direction of raw material surcharges to deliver improved results after a "challenging" first quarter.

  • AK targets new labor pact for Middletown Apr 22, 2014

    AK Steel Corp. aims to sign a new labor agreement with workers at its Middletown, Ohio, facility after inking a deal earlier this year for union employees at its operations in Mansfield, Ohio, according to the company’s top executive.

  • AK aims to rev up iron ore output, reduce coal mining Apr 22, 2014

    AK Steel Corp. is looking to ramp up in-house iron ore pellet production as it scales back plans to boost coal mining because of low prices.

  • AK Steel unable to aid struggling automakers Apr 22, 2014

    AK Steel Corp. is booked nearly to capacity on coated and cold-rolled steel products and therefore has limited capacity to help automakers facing shutdowns due to steel shortages, the company’s top executive said.

  • NLMK USA’s flat-rolled sales slide Apr 22, 2014

    NLMK USA’s flat-rolled steel sales suffered in the first quarter due to unfavorable weather conditions that led to a transportation crimp.

  • Steel Technologies to buy Ind. toll processor Stripco Apr 22, 2014

    Steel Technologies LLC has entered into an agreement to purchase toll processor Stripco LLC for an undisclosed amount.

  • Arch Coal reduces met coal sales forecast on weak mart Apr 22, 2014

    Arch Coal Inc. is reducing its forecast for metallurgical coal sales in 2014 on a weaker market outlook.

  • Outage, cold weather chill AK Steel’s results Apr 22, 2014

    AK Steel Corp. spilled red ink in the first quarter as an unplanned blast furnace outage at its Ashland, Ky., facility, cold weather and an antitrust settlement hammered results.

  • US raw steel production inches up 1.3% Apr 22, 2014

    U.S. raw steel output totaled an estimated 1,808,000 net tons last week, up 1.3 percent from 1,785,000 tons the previous week, as mills operated at an average capacity utilization rate of 75.2 percent.

  • Beam price firming may draw imports Apr 21, 2014

    Firmer wide-flange beam pricing has raised speculation that more increases could loom and that imports could become more attractive.

  • Evraz increases HSS prices $40/T Apr 21, 2014

    Evraz Inc. North America’s Evraz Structural Tube unit raised prices on all hollow structure section (HSS) products by $40 per ton ($2 per hundredweight) effective April 17.

  • ITA slams Mexico hard in rebar dumping case Apr 21, 2014

    Significant preliminary anti-dumping duties have been levied on rebar imports from Mexico, but the U.S. Commerce Department’s International Trade Administration (ITA) was much easier on Turkish producers.

  • No auto impact yet from halt at USS Ecorse Apr 21, 2014

    U.S. automakers thus far appear to be unscathed by disruptions in the supply chain at domestic mills, including a force majeure at U.S. Steel Corp.’s Great Lakes Works in Ecorse, Mich.

  • Tube prices to climb on input costs: Zekelman Apr 21, 2014

    JMC Steel Group Inc. aims to increase pipe and tube prices again because of higher costs and a supply squeeze created by lost production at iron ore-starved steel mills, the company’s top executive said.

  • Synalloy eyes 2014 pickup in metals, pricing Apr 21, 2014

    Synalloy Corp. expects market activity in its metals segment to pick up in 2014, while pricing should also firm up compared with last year.

  • US drilling steady, Canada slips Apr 21, 2014

    The number of drill rigs running in the United States was unchanged last week at 1,831.

  • More ice-breaking capacity said needed Apr 18, 2014

    ArcelorMittal SA wants U.S. lawmakers to push ahead with a bill aimed at bolstering the nation’s ice-breaking capacity and to repair and update its waterways in the wake of one of the worst winters in decades.

  • Armco Metals in deal to buy iron ore trader Apr 18, 2014

    Armco Metals Holdings Inc. has entered an agreement to purchase a 100-percent stake in iron ore mining and trading company Draco Resources Inc., the company said April 16.

  • SDI looks to ramp up output at Ind. mill: exec Apr 18, 2014

    Steel Dynamics Inc. (SDI) is planning to ramp up production at its new high-precision, small-diameter special bar quality (SBQ) rolling mill at its Pittsboro, Ind., long products facility.

  • W. Coast tube producers raise prices Apr 18, 2014

    West Coast producers of structural steel tubing raised prices $40 per ton ($2 per hundredweight) in a move market sources believe will see some initial success, but may face long-term challenges.

  • Keystone XL timeline extended Apr 18, 2014

    The U.S. State Department has extended the timeline for eight federal agencies to submit their views on TransCanada Corp.’s proposed Keystone XL pipeline, due to ongoing litigation in the Nebraska Supreme Court.

  • Bill to aid AK’s Ashland facility passes Apr 18, 2014

    The Kentucky Senate recently passed an incentive bill that could help AK Steel Corp. reline its blast furnace in Ashland, Ky., according to the bill’s sponsor, state Rep. Tanya Pullin.

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