Steel RSS

  • ITC keeps duties on hot-rolled steel imports Dec 17, 2013

    The U.S. International Trade Commission (ITC) has determined that revocation of existing anti-dumping and countervailing duty orders on hot-rolled steel products from six nations would likely lead to a continuation or recurrence of material injury to the domestic industry.

  • Kinder Morgan to build $300M pipeline Dec 17, 2013

    A subsidiary of Houston-based Kinder Morgan Energy Partners LP has signed a letter of intent with Nova Chemicals Corp., Calgary, Alberta, to build and operate a 210-mile, 10-inch-diameter pipeline

  • Tubular shipments slip in November: MSCI Dec 17, 2013

    U.S. and Canadian distributors’ carbon pipe and tubing shipments fell in November and inventories rose, the latest Metals Service Center Institute (MSCI) data show.

  • Flat-roll import jump looms amid high US prices Dec 17, 2013

    U.S. buyers of flat-rolled carbon sheet have begun to take advantage of competitive offers from foreign producers and traders now that the United States has the highest prices of any market.

  • China’s daily crude steel output down in early Dec. Dec 17, 2013

    China’s daily crude steel output fell further in early December as mills continued to feel the impact of recent pollution control measures.

  • China’s crude steel production statistics show diverging trends Dec 17, 2013

    Chinese crude steel production data released by two official sources—the National Bureau of Statistics (NBS) and the China Iron and Steel Association (Cisa)—is inconsistent and often shows diverging trends, with the gap widening significantly recently.

  • Steel mill rebate offers get mixed reactions Dec 17, 2013

    Although buyers of hot-rolled, cold-rolled and coated steel coils say the "index-minus" supply contracts hurt the market, many now express confusion over what’s replacing them: mill rebate programs.

  • US raw steel production slips 0.6 percent Dec 17, 2013

    U.S. raw steel output totaled an estimated 1,818,000 net tons last week, down 0.6 percent from 1,829,000 tons the previous week, as mills operated at an average capability utilization rate of 75.9 percent.

  • Ontario grants Essar funding relief for pension payments Dec 16, 2013

    The Ontario government has passed a regulation that provides funding relief for Essar Steel Algoma Inc.’s defined benefit pension plans, the company said Dec. 16.

  • U.S. Steel increases steel sheet $20/T Dec 16, 2013

    In a leading move east of the Rockies, U.S. Steel Corp. has increased base prices on its steel sheet products by a minimum of $20 per ton effective immediately, a move widely expected to be followed by other producers.

  • ATI cost reductions to continue in 2014 Dec 16, 2013

    The closure of Allegheny Technologies Inc.’s (ATI’s) cold-rolled stainless strip finishing plant in Wallingford, Conn., next year is part of planned cost reductions that will continue next year, an ATI spokesman told AMM.

  • Severstal appoints government affairs exec Dec 16, 2013

    Severstal North America Inc., a subsidiary of Russia’s OAO Severstal, has appointed William S. Noakes Jr. director of government relations.

  • Warren Steel raises work force hours Dec 16, 2013

    Warren Steel Holdings LLC has increased its work force hours to meet a slight pickup in demand, the company said.

  • US, Canada steel shipments drop in November Dec 16, 2013

    As service centers close out the year’s steel purchases and contemplate demand for the first quarter of 2014, a few say they are building inventory ahead of both higher orders and price increases while most others are staying the course and keeping inventories low.

  • USS' Great Lakes Works idled by fatal accident Dec 16, 2013

    U.S. Steel Corp.’s Great Lakes Works suffered an explosion early Dec. 15 that left one worker dead and two injured, and briefly idled steelmaking operations.

  • US coal producers offer EU mills fixed contracts Dec 16, 2013

    Major U.S. coking coal producers are offering European mills fixed annual price terms for 2014 in a bid to secure profit margins, sources told AMM sister publication Steel First.

  • Drilling increases in US, Canada Dec 16, 2013

    The number of drill rigs running in the United States rose by seven last week.

  • ATI to close stainless facility in Connecticut Dec 13, 2013

    Allegheny Technologies Inc. (ATI) will permanently close its cold-rolled stainless strip finishing facility in Wallingford, Conn., next year, according to a Dec. 13 filing with the U.S. Securities and Exchange Commission (SEC).

  • CSI, UPI set flat-rolled hikes for February Dec 13, 2013

    The West Coast’s two major flat-rolled steel producers are seeking February price hikes ranging from $30 to $50 per ton.

  • USS’ Fairfield BF down for maintenance Dec 13, 2013

    The blast furnace at U.S. Steel Corp.’s Fairfield Works has been down since late November for scheduled maintenance and will be out of operation through the first week of January, although little impact on the flat-rolled market is expected , market sources told AMM.

  • Commerce’s threaded rod ruling welcomed Dec 13, 2013

    Domestic producers have welcomed the Commerce Department’s preliminary determination to set countervailing duty margins on Indian imports of steel threaded rod.

  • Chinese set duties vs. US alloy pipe Dec 13, 2013

    China’s Ministry of Commerce is imposing provisional anti-dumping cash deposits of between 9.2 and 39 percent on imports of U.S. alloy steel pipe effective Dec. 17, according to the official Xinhua News Agency.

  • Marmon/Keystone subsidiaries expand Dec 13, 2013

    Various subsidiary operations of international metals distributor Marmon/Keystone LLC have expanded operations and added processing capabilities.

  • Beam market gets hazier amid second hike Dec 13, 2013

    The steel beam price environment became a little murkier this past week as Gerdau Long Steel North America increased prices even as the impact of earlier pricing moves remained unclear.

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