Steel RSS

  • California steel distributor sues customer Dec 14, 2009

    A California steel distributor is suing a customer for allegedly failing to pay for $176,066 worth of stainless steel coils.

  • Berlin Metals inks labor contract Dec 14, 2009

    Flat-rolled steel processor Berlin Metals LLC has signed a new five-year labor contract with the union representing its warehouse workers.

  • LME plans merger of steel billet contracts Dec 14, 2009

    The London Metal Exchange plans to merge its Mediterranean and Far East steel billet contracts to create one global price reference, which it says will enable improved price risk management.

  • China increase helps offset dip in Oct. US steel exports Dec 14, 2009

    U.S. steel exports in October were basically in line with September figures, largely due to shipments of semi-finished steel to China, according to data from the American Institute for International Steel (AIIS).

  • Nucor pushing to boost plate products $65/ton Dec 14, 2009

    In a leading move, Nucor Corp. is attempting to increase prices on carbon steel plate products by $65 per ton ($3.25 per hundredweight), effective immediately.

  • Federal Roll suing Severstal for $1.4M Dec 14, 2009

    A mill supplier is suing OAO Severstal for nearly $1.4 million for allegedly failing to accept three separate orders of mill rolls earmarked for its Warren, Ohio, operation.

  • China increase helps offset dip in Oct. US steel exports Dec 14, 2009

    U.S. steel exports in October were basically in line with September figures, largely due to shipments of semi-finished steel to China, according to data from the American Institute for International Steel (AIIS).

  • Raw steel production rises 1.8% Dec 14, 2009

    Raw steel production rose to 1,547,000 net tons last week, while capability utilization also ticked higher, according to the American Iron and Steel Institute, Washington.

  • Steel distribution chiefs eye acquisitions for 2010 Dec 14, 2009

    A handful of steel distribution executives foresee that as the economy begins its slow recovery, opportunities to acquire companies, expand product lines or capabilities and grow market share are likely to improve next year.

  • US raw steel production rises 1.8 percent Dec 14, 2009

    Raw steel production rose to 1,547,000 net tons last week, while capability utilization also ticked higher, according to the American Iron and Steel Institute, Washington.

  • OSHA starts probe at Independence Tube mill Dec 14, 2009

    The Occupational Safety and Health Administration (OSHA) has opened an investigation at Independence Tube in Decatur, Ala., after an employee was seriously injured at the tube mill.

  • Federal Roll suing Severstal Warren for $1.4 million Dec 14, 2009

    A mill supplier is suing OAO Severstal for nearly $1.4 million for allegedly failing to accept three separate orders of mill rolls earmarked for its Warren, Ohio, operation.

  • Calif. steel distributor sues Texas customer Dec 14, 2009

    A California steel distributor is suing a customer for allegedly failing to pay for $176,066 worth of stainless steel coils.

  • Allied grabs former Barzel Morrisville plant as Jones family gears up Dec 14, 2009

    The new owners of the former Barzel Industries Inc. have sold the company’s Morrisville, Pa., pipe and tube plant to Allied Tube & Conduit but are said to have kept the company’s other assets.

  • Bull Moose Tube getting Defense boost Dec 14, 2009

    Bull Moose Tube Co. is getting a boost from the U.S. war effort in the form of increased tubular production despite the effects of a lagging economy.

  • Drill rig tracking to include Marcellus play Dec 14, 2009

    As a result of increased production of natural gas from the Marcellus Shale formation, Baker Hughes Inc. has added two more states to the major state variances in its weekly drill rig count.

  • McJunkin planning to issue $1B in notes Dec 14, 2009

    Pipe distributor McJunkin Red Man Corp. is planning to issue $1 billion worth of senior secured notes to raise money to repay debt.

  • Never say die Importers take a lick’n and the ITA keeps on tick’n Dec 14, 2009

    The oil country tubular goods (OCTG) trade case against imports from China may be grabbing the headlines, but other trade cases continue to percolate through the system.

  • Tube firms set $50/ton increase on HSS Dec 14, 2009

    Several structural pipe producers have implemented a $50-per-ton increase on their hollow structural sections (HSS), and one said there may be more to come in January.

  • Tyler Pipe gets nod from union, but ‘South Plant’ idle through 2010 Dec 14, 2009

    Tyler Pipe Co. has reached a new labor agreement with United Steelworkers union (USW) Local 1157, but one of the company’s Texas plants will remain idle at least through next year, according to a company official.

  • WSP may ‘revise’ its U.S. strategy after ITC vote on OCTG imports Dec 14, 2009

    Wuxi Seamless Oil Pipe Co. Ltd. (WSP) says its threading line in Texas remains on track to be completed in the first quarter of 2010 and shouldn’t be impacted by the current trade cases in the United States against imports of Chinese oil country tubular goods (OCTG).

  • OECD steel meet wraps up with overcapacity warning Dec 11, 2009

    The global steel industry might face a period of widening excess capacity during the next few years, the Organization for Economic Cooperation and Development (OECD) Steel Committee warned as it wrapped up its annual meeting in Paris.

  • OECD steel meet wraps up with overcapacity warning Dec 11, 2009

    The global steel industry might face a period of widening excess capacity during the next few years, the Organization for Economic Cooperation and Development (OECD) Steel Committee warned as it wrapped up its annual meeting in Paris.

  • Wire rod producers raising Jan. extras Dec 11, 2009

    Wire rod surcharges are poised to rise Jan. 1 as producers move to pass on higher steel costs.

Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events