Steel RSS

  • ArcelorMittal hikes wire rod $30/T Dec 13, 2013

    ArcelorMittal Long Carbon North America has increased its wire rod price by $30 per ton ($1.50 per hundredweight) effective with shipments Jan. 1, the Chicago-based company announced in a Dec. 11 letter to customers.

  • Nucor SBQ surcharge flat; SDI higher Dec 13, 2013

    Scrap and alloy surcharges for special bar quality (SBQ) products appear mixed for January, with one producer steady and another setting increases.

  • Nucor follows $30/T plate price hike Dec 13, 2013

    Nucor Corp.’s plate mill group has raised transaction prices on plate products by a minimum of $30 per ton ($1.50 per hundredweight), effective immediately.

  • China challenges US trade measures vs. OCTG at WTO Dec 13, 2013

    China has filed a World Trade Organization (WTO) request for consultations with the United States on anti-dumping measures on 13 products, including oil country tubular goods (OCTG).

  • Nucor follows January wire rod price hike Dec 13, 2013

    Nucor Corp.’s bar mill group is increasing wire rod transaction prices by $25 per ton ($1.25 per hundredweight) effective with shipments Jan. 1, the company said in a Dec. 12 letter to customers.

  • Russia’s large pipe mills seen operating at 36% capacity in 2014 Dec 13, 2013

    Russia’s large-diameter pipe producers will likely keep capacity utilization rates low in 2014 after project tenders expected from state-run gas company JSC Gazprom failed to materialize.

  • ArcelorMittal USA hikes plate $30/T Dec 13, 2013

    ArcelorMittal USA LLC has increased transaction prices for all noncontract plate orders by a minimum of $30 per ton ($1.50 per hundredweight), effective immediately.

  • Commerce finds India rod imports received subsidies Dec 12, 2013

    In its preliminary determination in its countervailing duty investigation, the U.S. Commerce Department found that imports of steel threaded rod from India have received subsidies of between 8.13 percent and 38.98 percent.

  • Essar secures $24M loan amendment Dec 12, 2013

    Essar Steel Algoma Inc.’s lenders have approved an amendment to the borrowing base available under an asset-based lending term loan that improves the company’s cash availability by $24 million.

  • Rebar importers look to new material offers Dec 12, 2013

    Rebar importers are setting their sights on offers from countries like Japan, Peru, Portugal, South Korea and Spain, with material from new sources beginning to trickle into the market even as a last wave of Turkish orders is said to be arriving in the United States.

  • Gerdau hikes wire rod $30/ton Dec 12, 2013

    Gerdau Long Steel North America has raised its wire rod prices by $30 per ton ($1.50 per hundredweight) effective with all new orders as of Dec. 11.

  • AIIS lauds $960-billion WTO trade agreement Dec 12, 2013

    The World Trade Organization (WTO) has drawn up a trade facilitation agreement intended to expedite international trade, a move lauded by the American Institute for International Steel (AIIS)

  • Gerdau raises beam prices $10/ton Dec 12, 2013

    Gerdau Long Steel North America is raising beam prices by $10 per ton (50 cents per hundredweight) effective with new orders placed Dec. 13, the company said in a Dec. 10 letter to customers.

  • Gerdau raising merchant bars Dec 12, 2013

    Gerdau Long Steel North America is increasing its transactional prices for most angles, channels, flats, rounds and squares by $10 per ton (50 cents per hundredweight) effective with new orders placed Dec. 13.

  • Atkore’s net loss widens in 4th quarter Dec 12, 2013

    Atkore International Holdings Inc. fell deeper into the red in its fiscal fourth quarter as it was hit by lower average selling prices and volumes.

  • Nov. beam imports climb on arrivals from UAE Dec 12, 2013

    A sudden influx of nearly 7,000 tons of wide-flange beam imports from the United Arab Emirates (UAE) looks to widen an already substantial month-to-month increase in U.S. beam imports in November.

  • High Steel Structures invests $11M to expand Pa. facility Dec 12, 2013

    High Steel Structures Inc. will invest $11 million to expand its Williamsport, Pa., facility.

  • Illegal used pipe usage costs Russia $600M/year Dec 12, 2013

    Russian steel and pipe producers lose about $600 million annually as a result of the illegal use of used pipe, Oleg Kalinskiy, head of the Russian Pipe Industry Development Fund, said Dec. 10.

  • SSAB hikes plate prices in US, Canada Dec 11, 2013

    SSAB Americas has raised minimum base prices on plate products in the United States and Canada effective immediately, it said in a Dec. 11 letter to customers.

  • Steel sheet market steady; buyers eye pickup Dec 11, 2013

    The U.S. steel sheet market underscored stable conditions this week amid steady demand, business activity and pricing, but buyers expect the typically quiet year-end to lead into a busy January.

  • ArcelorMittal management team reorganized by region Dec 11, 2013

    ArcelorMittal SA has reorganized its management in an effort to better manage its businesses according to region.

  • USS making executive changes effective Jan. 1 Dec 11, 2013

    U.S. Steel Corp. has announced several executive changes effective Jan. 1.

  • Commerce postpones ruling on rebar Dec 11, 2013

    The U.S. Commerce Department’s International Trade Administration (ITA) has postponed to Feb. 19 its preliminary determination in a countervailing duty investigation of imports of steel concrete reinforcing bar from Turkey.

  • Commerce delays decision on electrical steel imports Dec 11, 2013

    The U.S. Commerce Department’s International Trade Administration (ITA) has postponed to March 3 its preliminary determination in a countervailing duty investigation of imports of grain-oriented electrical steel from China.

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