Steel RSS

  • West Coast flat-rolled prices may be peaking May 20, 2014

    Flat-rolled steel prices on the West Coast may be topping out as buyers now speculate whether tags will hold steady or begin to decline this summer.

  • Chinese metal firms may have obtained US data May 20, 2014

    Some of China’s biggest metal firms, as well as a Chinese nuclear power company, may have gained access to confidential information both from competitors and joint-venture partners in the United States that allegedly was stolen by Chinese military hackers.

  • US raw steel production dips 0.3 percent May 20, 2014

    U.S. raw steel output totaled an estimated 1,838,000 net tons last week, down 0.3 percent from 1,843,000 tons the previous week, as mills operated at an average capacity utilization rate of 76.4 percent.

  • UPI nearing decision on China sheet trade case May 19, 2014

    USS-Posco Industries Inc. (UPI) is nearing a decision on filing a regional anti-dumping complaint on West Coast imports of Chinese cold-rolled sheet, according to a source close to the mill.

  • CSI closes order book for June May 19, 2014

    California Steel Industries Inc. (CSI) has closed its order book for June, it told customers May 19.

  • AK Steel applauds ruling on NOES imports May 19, 2014

    AK Steel Corp. applauded the U.S. Commerce Department’s affirmative preliminary dumping determination against imports of non-oriented electrical steel (NOES) from six countries.

  • US metal firms said targets of Chinese spying May 19, 2014

    Chinese hackers allegedly have stolen sensitive economic data from U.S. metal companies, including U.S. Steel Corp. and Alcoa Inc.

  • Gerdau to restart Tenn. melt shop May 19, 2014

    The melt shop at Gerdau Long Steel North America’s Knoxville, Tenn., steel mill will resume production "by the end of the week" following an explosion, a company spokeswoman told AMM via e-mail May 19.

  • Algoma Tubes, USW in contract talks May 19, 2014

    Tenaris Algoma Tubes is negotiating a new labor contract with the United Steelworkers union.

  • SSAB’s Iowa plant outage set for 4th qtr. May 19, 2014

    SSAB AB will take a planned maintenance outage at its steel plate plant in Montpelier, Iowa, early in the fourth quarter, a company spokeswoman said via e-mail.

  • Drilling improves in US, Canada May 19, 2014

    The number of drill rigs running in the United States increased by six last week.

  • Comment: ‘Mexican steel market not closed to US steel' May 17, 2014

    Contrary to what Philip K. Bell, president of the Steel Manufacturers Association, charged in an opinion piece in AMM—that "Mexican and Turkish steel producers have been dumping increasing volumes of rebar into the U.S. market, causing severe injury to the U.S. rebar industry and its workers"—this is not the case.

  • Canada OCTG case takes aim at nine nations May 16, 2014

    A trade case filed by Canadian oil country tubular goods (OCTG) producers targets imports from India, Indonesia, the Philippines, South Korea, Taiwan, Thailand, Turkey, Ukraine and Vietnam, according to Canada Border Services Agency documents.

  • Commerce backs AK Steel in NOES case May 16, 2014

    The U.S. Commerce Department has issued affirmative preliminary rulings in its anti-dumping duty investigation against imports of non-oriented electrical steel (NOES) from six countries, the department's International Trade Administration (ITA) said May 16.

  • SSAB suspends August order entry May 16, 2014

    SSAB Americas has suspended order entry for August mill orders, the company said in a message to customers.

  • Flat-rolled prices mixed but demand stays firm May 16, 2014

    Prices for flat-rolled steel products were mixed this past week despite overall demand that was said to be robust, which was backed by stronger distributor shipment data for April.

  • Severstal weighing options for N. America unit May 16, 2014

    OAO Severstal has confirmed that it is considering a sale of its North American operations.

  • Six injured in explosion at Gerdau’s Tenn. mill May 16, 2014

    An incident in the melt shop at Gerdau Long Steel North America’s Knoxville, Tenn., steel mill late May 15 injured six workers, one seriously, a company spokeswoman told AMM via e-mail.

  • USS restart of Great Lakes Works under way May 15, 2014

    U.S. Steel Corp. is restarting steelmaking operations at its Great Lakes Works in Ecorse, Mich.

  • SSAB maintenance outage at Iowa likely May 15, 2014

    SSAB Americas expects to take a planned maintenance outage at its plate production facility in Montpelier, Iowa, market sources told AMM.

  • Senators call for harder line on OCTG imports May 15, 2014

    Fifty-six senators have signed a letter urging the U.S. Commerce Department to take a harder line on a trade petition brought by domestic producers of oil country tubular goods (OCTG) against imports from South Korea.

  • Dofasco prepares to start up galvanizing line May 15, 2014

    ArcelorMittal Dofasco Inc. will commission a 700,000-ton galvanizing line in August, with the first coil expected to come off the line in December, a company spokeswoman told AMM in an e-mail.

  • Essar Steel Minnesota lands $450M to build plant May 15, 2014

    Essar Steel Minnesota LLC has closed a $450-million, six-year senior secured notes offering for a 7-million-tonne-per-year iron ore pellet facility in the western Mesabi Range in Minnesota.

  • Steel to remain king of hill in automotive: SDMI May 15, 2014

    Steel will remain the material of choice for cars and trucks as advanced high-strength steels increasingly gain traction among automakers, sometimes at the expense of competing materials such as aluminum, Steel Market Development Institute (SMDI) executives said in an interview.

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