Steel

  • Chaparral to aim expansion plans at enhancing existing operations Dec 27, 2006

    Chaparral Steel Co., Midlothian, Texas, is considering expanding operations through several capital projects, executives said during a recent earnings conference call.

  • Lakshmi Mittal is ‘not interested’ in taking on position of chairman Dec 27, 2006

    Lakshmi Mittal, president and chief executive officer of Arcelor Mittal, has hinted he will not take on the role of chairman of the company in 2007, as suggested at the time of the merger agreement between Arcelor SA and Mittal Steel Co. NV.

  • TK facing uphill battle for control of Dofasco Dec 27, 2006

    ThyssenKrupp AG, Düsseldorf, Germany, will find it difficult to wrest control of Dofasco Inc. from Arcelor Mittal in the looming court battle between the two companies, analysts said.

  • USTR seeking public comment on stainless margins vs. Mexico Dec 27, 2006

    The U.S. Trade Representative (USTR) is seeking public comment on anti-dumping duty orders against stainless steel sheet and strip imports from Mexico, it said Wednesday.

  • US imports fall 11% in Nov. but ‘06 sets record Dec 27, 2006

    Lead by a decline in imports of semi-finished steel, overall U.S. steel imports fell 11 percent in November from the previous month and 20 percent from the peak level seen in July.

  • MMX to produce 4M tonnes of iron ore in 2007 Dec 27, 2006

    New Brazilian iron ore miner MMX Mineracao e Metalicos SA expects to raise iron ore output in 2007 to nearly 4 million tonnes with the start-up of its 6.5-million-tonne-a-year Amapá Mine and full output from its 4.9-million-tonne-per-year Corumbá Mine, company investment relations officer Rodolfo Landim said Wednesday.

  • AISI uses ad campaign in effort to win over policymakers Dec 27, 2006

    The board of the American Iron and Steel Institute has approved a $2-million campaign aimed at convincing policymakers and their staff that the steel industry is high-tech, environmentally friendly and globally competitive, after seeing strides in the perception of the industry in Washington.

  • West Coast plate prices holding steady for Jan. Dec 27, 2006

    A strong backlog of projects appears to be holding up the carbon steel plate market on the West Coast following a temporary falloff in the price of some trade products earlier this month.

  • Hot band prices in US down, others rise Benchmarker Dec 27, 2006

    U.S. hot-rolled band prices continued to weaken even as prices in other parts of the world showed signs of strengthening, according to the latest SteelBenchmarker report.

  • Delphi gets additional funding for weld technology Dec 27, 2006

    Automotive supplier Delphi Corp. has been awarded an additional $950,000 by the National Aeronautics and Space Administration (NASA) and the Michigan Research Institute to continue development of its deformation resistance welding (DRW) technology.

  • USTR seeking public comment on Mexican stainless margins Dec 27, 2006

    The office of the U.S. Trade Representative (USTR) is seeking public comment on anti-dumping duty orders on stainless steel sheet and strip coils from Mexico, it said Wednesday.

  • Chaparral mulls expansion as construction rises Dec 27, 2006

    Chaparral Steel Co., Midlothian, Texas, is considering expanding its operations through some capital projects, executives said during a recent earnings conference call.

  • AK ‘puzzled’ by IAM comment about latest counterproposal Dec 26, 2006

    AK Steel Corp., Middletown, Ohio, said it got a puzzle for Christmas and accused the International Association of Machinists and Aerospace Workers (IAM) of playing games in their labor talks.

  • Brazil’s steel outlook more positive for 2007 Dec 26, 2006

    The outlook for Brazil’s steel sector in 2007 is more positive than in 2006, despite continuing concerns over relatively low gross domestic product (GDP) growth and China’s continuation as a major steel exporter, according to Marco Polo de Mello Lopes, vice president of the Instituto Brasileiro de Siderurgia (IBS).

  • CMC sees major opportunities in ‘micro mill’ Dec 26, 2006

    Commercial Metals Co. (CMC) executives are looking to generate new business and supply some of its fabrication operations from a new mill the company is planning to open a little more than two years from now.

  • Del Metals planning to open 30,000-sq.-ft. Montreal plant Dec 26, 2006

    Del Metals, Brampton, Ontario, plans to open a 30,000-square-foot steel distribution facility in the Montreal suburb of Lachine, Quebec, by the end of January.

  • Latin American steelmakers swept up in merger and acquisition frenzy Dec 26, 2006

    This year was one of intense merger and consolidation activity in which Latin American steelmakers firmed their presence on the world steel scene, strengthened by a backdrop of new slab-for-export projects and rapidly increasing iron ore production in the region.

  • Senior vice president leaving Northwest Pipe Dec 26, 2006

    Northwest Pipe Co., Portland.,Ore., said one of its executives is leaving the company and his position is being eliminated.

  • US stainless producers lose appeal on duties Dec 26, 2006

    The Court of International Trade (CIT) said Tuesday that it has affirmed an earlier decision to terminate duties on stainless steel sheet and strip from France and the United Kingdom.

  • Stelco’s Lake Erie staff reject offer to unionize Dec 26, 2006

    Salaried employees of the Lake Erie Steel operations of Stelco Inc., Hamilton, Ontario, reportedly have voted down an offer to join the United Steelworkers union.

  • TK sues Mittal Steel over foiled Dofasco purchase Dec 26, 2006

    ThyssenKrupp AG, Düsseldorf, Germany, has initiated legal action against Mittal Steel Co. NV in an attempt to force Mittal to comply with a previous agreement to sell Dofasco Inc., Hamilton, Ontario.

  • Avtron offering new AC drives for metals customers Dec 26, 2006

    Avtron Manufacturing Inc., Independence, Ohio, recently launched a new series of alternating current (AC) drives for its metals industry customers. The company said the drives – its new ACCEL 500 line – are designed to enhance and expand its drive and system capabilities for customers in both the ferrous and nonferrous metals industries.

  • Delphi hearing on funding plan postponed Dec 26, 2006

    A bankruptcy court hearing on proposals to finance automotive supply giant Delphi Corp., Troy, Mich., including an equity funding plan after it emerges from bankruptcy protection, has been delayed to Jan. 11 from Jan. 5.

  • Housing slump set to drag economy in ’07 NAM Dec 26, 2006

    The U.S. economy, hammered by a slumping housing sector, will continue decelerating toward a “soft landing” in 2007, the National Association of Manufacturers (NAM) said Tuesday in its 2007 Economic Outlook.

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