Steel RSS

  • Late trading firms up prices for shredded scrap Jun 06, 2014

    Ferrous scrap prices into some Midwest areas firmed on late-week trading after a few mills continued to seek June’s most valuable grade: shredded scrap.

  • Steel plate prices flat, but some see upturn Jun 06, 2014

    Steel plate prices remained firm this past week as some market sources said the sector could be in for a long-overdue cyclical upturn. But others cautioned that such bullish talk made little sense with scrap prices expected to fall in the near term.

  • Metal powder shipments to rise in ’14 Jun 06, 2014

    Metal powder shipments should rise 5 percent this year in tandem with a corresponding increase in the materials' largely automotive parts markets, according to the Metal Powder Industries Federation (MPIF).

  • ArcelorMittal looks to set floor under sheet tags Jun 06, 2014

    ArcelorMittal USA LLC has opened its August order books and is looking to shore up officially published prices, according to market sources and a company letter.

  • Shredded scrap prices offer mills best values Jun 05, 2014

    Price differentials between heavy melt, plate and structural, and shredded scrap are poised to break free from historical spreads based on recovery values as another month of weaker shredded scrap prices has brought cut grades near—or on par with—shred in several regions.

  • US wire rod makers allege China surge Jun 05, 2014

    Domestic steelmakers have asked the U.S. Commerce Department’s International Trade Administration (ITA) to impose duties retroactively on Chinese shipments of carbon steel wire rod products, alleging that imports have surged in the three months since their initial complaint.

  • Structural tubing prices hold steady, for now Jun 05, 2014

    Structural tubing prices east of the Rockies are holding steady despite a recent softening in the flat-rolled market, although some sources see declines on the horizon.

  • USS Gary furnace idling clouds sheet’s direction Jun 05, 2014

    The direction of the U.S. steel sheet market has been thrown into question due to an incident at U.S. Steel Corp.’s Gary Works in northwest Indiana.

  • MMFX taps sales, marketing vp Jun 05, 2014

    MMFX Steel Corp. of America has named Kevin McKown vice president of sales and marketing.

  • U.S. Steel’s Zovko slated to retire Jun 05, 2014

    U.S. Steel Corp. vice president and controller Gregory A. Zovko will retire June 30, the company said June 5.

  • Incident at USS' Gary Works hits No. 8 BF Jun 05, 2014

    An incident at U.S. Steel Corp.’s Gary Works in northwest Indiana could leave the facility’s No. 8 blast furnace idled for approximately 20 to 40 days, market sources told AMM.

  • Steel beam imports set for higher gains Jun 04, 2014

    May imports of steel beams look likely to surpass April’s levels by 62.2 percent as import permit applications continued to pour in during the final three working days of the month.

  • Insurer denying liability in JSW Steel antitrust case Jun 04, 2014

    JSW Steel (USA) Inc.’s insurance firm claims it does not owe the steel plate and pipe maker for damages—potentially totaling tens of millions of dollars—resulting from alleged violations of U.S. antitrust laws.

  • Steel imports on course to rise for May Jun 04, 2014

    U.S. steel mill product imports are set to climb to record levels in May, led by sizeable jumps in the inflow of stainless steel and oil country tubular goods (OCTG).

  • WC tubing prices steady, no further hikes seen Jun 04, 2014

    West Coast structural steel tubing prices remain firm as mills there continue to support an earlier increase.

  • TK appoints new Americas, Brazil chief execs Jun 04, 2014

    ThyssenKrupp AG has named new chief executive officers for its Steel Americas and Brazilian business units effective June 1.

  • CSN said in due diligence for Severstal NA Jun 04, 2014

    Cia. Siderúrgica Nacional SA (CSN) is or may soon conduct due diligence as it mulls an acquisition of Severstal North America Inc.’s steelmaking assets, according to sources familiar with the matter.

  • Shredded scrap prices fall in early June trades Jun 04, 2014

    Shredded scrap prices have lost the most ground in early trading for June while prime grades have emerged the strongest, in line with pre-trading speculation.

  • TMK Ipsco building $19.8M coating facility in Kentucky Jun 04, 2014

    TMK Ipsco is planning to build a $19.8-million coating facility adjacent to its Wilder, Ky., plant, AMM has learned.

  • Ford unveils lightweight car in aluminum drive Jun 04, 2014

    Ford Motor Co. has unveiled a lightweight concept vehicle based on its 2013 Fusion, the next step in the automaker’s push toward weight reduction and improved fuel economy.

  • Sabre’s tubular plant in Pa. slated to close Jun 04, 2014

    Sabre Industries Inc. is planning to close its Sabre Tubular Structures plant in Ellwood City, Pa., in July as it prepares to move capacity to its newer locations.

  • Algoma Tubes, union in tentative labor deal Jun 04, 2014

    Tenaris Algoma Tubes has reached a tentative agreement with the United Steelworkers union, a company spokesman told AMM via e-mail June 4.

  • Spat at former RG Steel plant may be solved Jun 03, 2014

    The owners of the former R.G. Steel LLC mill in Warren, Ohio, and an industrial gas supplier may have reached an agreement over what to do with millions of dollars’ worth of equipment on the site of the defunct plant, according to an attorney involved in the dispute.

  • Qingdao iron ore shipments continue Jun 03, 2014

    Iron ore shipments from Qingdao in China have been largely unaffected by an investigation into metal trade finance irregularities at the port, sources told AMM sister publication Steel First June 3.

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