Steel RSS

  • Ky. law may help AK reline Ashland furnace Mar 13, 2014

    Legislation that would extend Kentucky state incentives could help AK Steel Corp. pay for a reline of the blast furnace at its Ashland steelmaking complex.

  • US mills mull trade case vs. coated products Mar 12, 2014

    U.S. steelmakers are considering filing a trade complaint against imports of coated flat-rolled steel products, sources said, heightening concern among buyers and traders sourcing material offshore.

  • Pacific Steel seeks Ch. 11 protection Mar 12, 2014

    A "cavalcade of issues," including a costly labor settlement, combined to prompt Pacific Steel Casting Co. to file for Chapter 11 bankruptcy protection from creditors, according to a company spokeswoman.

  • SunCoke Energy to exit coal mining business Mar 12, 2014

    SunCoke Energy Inc. is planning to sell its metallurgical coal mining business as part of a strategic option to divest noncore assets, the company said March 11.

  • Canada-Korea trade pact welcomed Mar 12, 2014

    Canada’s newly negotiated free-trade agreement (FTA) with South Korea should benefit Canadian miners and aluminum producers by reducing tariffs and opening up markets in Asia, two trade associations said.

  • Commerce delays ruling on NOES imports Mar 12, 2014

    The Commerce Department’s ITA has postponed to May 15 its preliminary determination in an anti-dumping duty investigation of non-oriented electrical steel (NOES) imports from six nations.

  • Russia concerned by US dumping probes Mar 12, 2014

    A Russian trade representative has expressed concern about the U.S. Commerce Department’s dumping investigations into imports of ferrosilicon and grain-oriented electrical steel (GOES) from Russia.

  • CFTC mulling harmonized rules on clearing, trading Mar 12, 2014

    The U.S. Commodity Futures Trading Commission (CFTC) is seeking to establish rules to recognize foreign clearing houses and foreign trading venues.

  • Mills aim to cut discounts on beam products Mar 11, 2014

    U.S. beam mills are attempting to reduce some of the largest discounts on structural steel even as they move to raise published prices, according to market sources.

  • Race for Turkish rebar is on as ruling looms Mar 11, 2014

    U.S. imports of concrete reinforcing bar from Turkey are on course to continue mounting as importers rush to buy material ahead of a preliminary anti-dumping ruling vs. Turkish and Mexican product, market sources told AMM.

  • XCoal exec among missing on Malaysia Airlines jetliner Mar 11, 2014

    An executive of XCoal Energy & Resources LLC was among the 239 passengers and crew aboard the missing Malaysia Airlines flight, according to a flight manifest from the airline.

  • US steel exports jump 10.5% in January Mar 11, 2014

    U.S. steel mill product exports rose in January compared with the previous month, buoyed by sharp increases in shipments of hot-dipped galvanized sheet and strip, line pipe and stainless steel.

  • Abakan to build clad pipe facility Mar 11, 2014

    Abakan Inc. and project partner Northern Alberta Institute of Technology have received $2.75 million in funding from Canadian agencies to build a prototype facility for developing, testing and commercializing wear-resistant clad pipe and components.

  • US raw steel production slides 1.1 percent Mar 11, 2014

    U.S. raw steel output totaled an estimated 1,840,000 net tons last week, down 1.1 percent from 1,861,000 tons the previous week.

  • Midwest ferrous scrap prices slump in March Mar 10, 2014

    March ferrous scrap trading across the Midwest stayed true to last month’s anticipation that prime scrap prices would fall further than obsolete grade prices.

  • Mills raise beam prices amid delivery disruptions Mar 10, 2014

    A $20-per-ton increase on structural steel stands a good chance of sticking—at least for the time being, and despite a drop in a key scrap price—due as much to recent delivery disruptions as to any improvement in beam consumption, market sources said this week.

  • Gerdau keeps rebar, merchant prices steady Mar 10, 2014

    Gerdau Long Steel North America is holding the line on its merchant bar and concrete reinforcing bar product prices despite slack construction demand.

  • US steel mill shipments up in January Mar 10, 2014

    U.S. steel mills shipped nearly 7.9 million net tons in January, up 3.4 percent from 7.63 million tons the previous month but down 3.8 percent from 8.21 million tons a year earlier, American Iron and Steel Institute data show.

  • Tubing firms tap ex-Alcoa exec Mar 10, 2014

    Brian J. Malloy has been named senior vice president and chief strategy officer of high-performance metal tubing manufacturers Superior Tube Co. Inc. and Fine Tubes Ltd.

  • US drilling jumps, Canada falls Mar 10, 2014

    The number of drill rigs running in the United States jumped by 23 last week.

  • Chicago scrap again falls on weak demand Mar 07, 2014

    Overall ferrous scrap demand in the Chicago region remained poor for the second straight month as two steel mills sought volumes significantly below their typical monthly averages.

  • AK Steel alleges NOES import surge Mar 07, 2014

    AK Steel Corp. has filed "critical circumstances" allegations in its anti-dumping case against NOES imports from Germany, Japan and South Korea, according to a March 6 filing with the U.S. Commerce Department’s Enforcement and Compliance division.

  • Haynes International lifts prices for all products Mar 07, 2014

    Haynes International Inc. is increasing prices by 3 to 5 percent on all product forms effective immediately, the company said March 7.

  • Bushwick Metals employee in NJ killed by falling beams Mar 07, 2014

    An employee of Bushwick Metals LLC died following a March 6 accident involving structural steel at the service center’s South Plainfield, N.J., location, a spokeswoman for parent company Marmon/Keystone LLC confirmed.

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