Steel RSS

  • Steelmakers file drill pipe petition against China Dec 30, 2009

    U.S. manufacturers of steel drill pipe filed anti-dumping and countervailing duty petitions against imports of Chinese drill pipe late Wednesday, according to trade attorney Roger B. Schagrin. The petition covers all drill pipe – heavy weight pipe and drill collars, in all sizes, grades and chemistries, he said.

  • Commerce corrects math, hikes anti-dumping margins Dec 30, 2009

    The U.S. Commerce Department made “certain significant ministerial errors” in its preliminary anti-dumping determination on oil country tubular goods (OCTG) from China, according to a Federal Register notice.

  • BREAKING NEWS: Drill pipe producers file trade case vs. China Dec 30, 2009

    U.S. producers of steel drill pipe filed anti-dumping and countervailing duty petitions against imports of Chinese drill pipe late Wednesday, according to trade attorney Roger B. Schagrin. The petitioners—Vam Drilling USA Inc., Texas Steel Conversion Inc., Rotary Drilling Tools, TMK Ipsco and the United Steelworkers union—are seeking anti-dumping duties ranging from 109 to 274 percent and countervailing duties of about 15 percent, he said.

  • Commerce corrects math, hikes anti-dumping margins on China OCTG Dec 30, 2009

    The U.S. Commerce Department made “certain significant ministerial errors” in its preliminary anti-dumping determination on oil country tubular goods (OCTG) from China, according to a Federal Register notice.

  • ITC votes to impose duties on China OCTG Dec 30, 2009

    The U.S. International Trade Commission (ITC) voted Wednesday to impose countervailing duties on imports of certain oil country tubular goods (OCTG) from China, reflecting government subsidies of between 10.36 and 15.78 percent.

  • ITC votes to impose duties on China OCTG Dec 30, 2009

    The U.S. International Trade Commission (ITC) voted Wednesday to impose countervailing duties on imports of certain oil country tubular goods (OCTG) from China, reflecting government subsidies of between 10.36 and 15.78 percent.

  • Tonawanda Coke manager faces environment charges Dec 30, 2009

    The manager of environmental control at Tonawanda Coke Corp. is facing three federal charges of knowingly violating the Resource Conservation and Recovery Act and the Clean Air Act.

  • Tonawanda Coke manager charged Dec 30, 2009

    The manager of environmental control at Tonawanda Coke Corp. is facing three federal charges of knowingly violating the Resource Conservation and Recovery Act and the Clean Air Act.

  • US hot band prices still climbing: SteelBenchmarker Dec 30, 2009

    Prices for flat-rolled steel increased in the United States and China and on world export markets as 2009 came to a close, but European prices declined slightly.

  • Steel helps boost Midwest manufacturing index 1.2% Dec 30, 2009

    The Chicago Federal Reserve Bank’s Midwest manufacturing index rose 1.2 percent in November to a seasonally adjusted level of 84.2 as regional steel sector output improved.

  • Judge OKs sale of Grede Foundries plants Dec 30, 2009

    A bankruptcy court judge has approved the sale of Grede Foundries Inc.’s principal operating plants to an affiliate of Wayzata Investment Partners LLC.

  • Esmark forms industrial group, buys machine shop Dec 30, 2009

    Esmark Industrial Group, a newly formed subsidiary of Esmark Inc., has acquired the assets of Excalibur Machine Co. Inc. for $3.5 million.

  • CMC fab shops continue to struggle Dec 30, 2009

    Commercial Metals Co.’s fabrication operations continue to suffer from the severe decline in U.S. construction market demand, and company leaders project little improvement in the New Year.

  • Coutinho files suit vs. processor Dec 30, 2009

    Coutinho & Ferrostaal Inc. is suing a California steel processor for alleged breach of contract, claiming that it hasn’t paid the balance on two separate orders of coil shipments imported from China.

  • Esmark forms industrial group, buys machine shop Dec 30, 2009

    Esmark Industrial Group, a newly formed subsidiary of Esmark Inc., has acquired the assets of Excalibur Machine Co. Inc. for $3.5 million.

  • CMC fab shops will continue to struggle Dec 30, 2009

    Commercial Metals Co.’s fabrication operations continue to suffer from the severe decline in U.S. construction market demand, and company leaders project little improvement in the New Year.

  • Commerce sets preliminary duties on Chinese steel grating Dec 29, 2009

    Chinese steel grating has been sold in the United States at less than fair value and will be subject to anti-dumping duties of between 14.4 and 145.2 percent should a preliminary determination by the U.S. Department of Commerce gain final approval from the U.S. International Trade Commission.

  • US, Canada drilling slows down Dec 29, 2009

    The number of drill rigs running in the United States fell by 15 last week, with the biggest declines in Arkansas and Colorado (each down two), while Canadian drilling activity plunged by 100 rigs.

  • Steel output falls in Christmas holiday week Dec 29, 2009

    U.S. raw steel output fell to 1,445,000 tons in the holiday-shortened week ended Dec. 26, down 2.3 percent from 1,479,000 tons the previous week, as mills operated at an average capability utilization rate of 60.6 percent—the lowest level since early October.

  • Feralloy exec Szcesniak dies at 56 Dec 29, 2009

    Stephen J. Szcesniak, vice president and general manager of Feralloy Corp.’s St. Louis division, has died at his home in Edwardsville, Ill.

  • ArcelorMittal issues bond to improve balance sheet Dec 29, 2009

    ArcelorMittal has issued a $750-million mandatory convertible bond through a wholly owned Luxembourg subsidiary in order to improve its balance sheet.

  • AK workers ratify contract extension at Coshocton Dec 29, 2009

    A three-year extension of a labor agreement covering about 340 hourly production and maintenance workers at AK Steel Corp.’s Coshocton Works in Ohio has been ratified by United Auto Workers (UAW) union members.

  • Auto recyclers seeking 2d ‘Clunkers’ extension Dec 29, 2009

    Not all recyclers are satisfied with the “Cash for Clunkers” program, calling the effort a missed opportunity to keep the program environmentally friendly. And they are asking the government to extend the deadline a second time, stating that some auto recyclers have a year’s worth of inventory or more to be processed.

  • PBGC taking over PTC Alliance pension plan Dec 29, 2009

    The federal government’s Pension Benefit Guaranty Corp. (PBGC) is assuming responsibility for the underfunded pension plan covering about 750 employees and retirees of PTC Alliance Corp.

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