Top Stories

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    Mart sees scrap prices holding steady in Aug.

    Jul 22, 2014

    Domestic ferrous scrap prices could trend sideways in August as early speculation points to a market that is in relative balance. More »

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    Columbus to target higher-value marts: SDI

    Jul 22, 2014

    Steel Dynamics Inc. (SDI) will look to boost results when it takes control of the Columbus, Miss., mini-mill by expanding output of value-added products and continuing efforts to push into profitable energy and automotive markets, company executives said. More »

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    SDI’s net income surges to $72.3M in 2d qtr.

    Jul 22, 2014

    Steel Dynamics Inc.’s (SDI’s) profits skyrocketed in the second quarter, with the company remaining bullish for the second half of the year. More »

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    US aluminum extruders weighing trade action

    Jul 22, 2014

    U.S. aluminum extruders are considering filing a trade complaint after it emerged that a Chinese-owned billet producer is storing a massive stockpile of aluminum extrusions at a facility in Mexico. More »

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    W. Coast plate continues to strengthen

    Jul 22, 2014

    Domestic plate prices as well as demand continue to rise on the West Coast, paced by an energy market that appears to be going from strength to strength. More »

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    Alamo Tube plans OCTG mill near San Antonio

    Jul 22, 2014

    Alamo Tube Co. is planning to invest $62.5 million to build a 250,000-ton-per-year electric-resistance welded (ERW) mill near San Antonio in a move that will increase the domestic supply of oil country tubular goods (OCTG). More »

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    Trade action needed now: SDI’s Teets

    Jul 22, 2014

    Steel Dynamics Inc. is collecting information for potential trade cases against imports of cold-rolled, coated and painted steel, including Galvalume, and would like to see action "sooner rather than later," a company executive said. More »

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    Severstal sale stirs more AK questions

    Jul 22, 2014

    Steel market analysts largely agreed with initial market sentiment that Steel Dynamics Inc.’s (SDI’s) purchase of OAO Severstal’s Columbus, Miss., facility is a slam dunk, while more questions surround AK Steel Corp.’s acquisition of the Russian steelmaker’s Dearborn, Mich., mill. More »

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    Rail car retrofit venture finalized

    Jul 22, 2014

    Greenbrier Cos. and Watco Cos. LLC have completed the formation of 50-50 joint venture GBW Railcar Services LLC, which will target the increasing demand for rail car repairs and retrofits. More »

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    Schumer backs US ferrosilicon firms

    Jul 22, 2014

    Sen. Charles Schume has urged the Commerce Department to consider allegations from companies including Globe Specialty Metals Inc. that Russian suppliers of ferrosilicon "misreported critical facts" during the agency’s anti-dumping investigation. More »

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    Nickel drives stainless scrap price fall

    Jul 22, 2014

    Stainless steel scrap prices dropped slightly this week, mainly due to lower terminal market nickel prices and freer scrap flows amid a summer slowdown in activity, according to market participants. More »

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    Canada launches OCTG import probe

    Jul 22, 2014

    The Canada Border Services Agency has initiated a subsidy investigation into oil country tubular goods (OCTG) from India, Indonesia, the Philippines, South Korea, Thailand, Turkey, Ukraine and Vietnam, as well as an anti-dumping case against those eight countries and Taiwan. More »

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    Gerdau hikes wire rod products $15/T

    Jul 22, 2014

    Gerdau Long Steel North America is increasing prices for all wire rod products by $15 per net ton (75 cents per hundredweight) effective with Aug. 1 shipments, the company said in a July 21 letter to customers. More »

Latest News by Category

Steel

  • Peabody posts 2d-qtr. loss but bullish on coal demand

    Peabody Energy Corp. fell into the red in the second quarter despite coal’s contribution to the global energy mix rising to 30 percent of consumption, its highest level since 1970.

  • USS names Darragh acting controller

    U.S. Steel Corp. has named Colleen M. Darragh as acting controller, according to a filing with the U.S. Securities and Exchange Commission (SEC).

  • ITC keeps duties on imports from China

    The U.S. International Trade Commission (ITC) has voted to maintain anti-dumping duties on malleable iron pipe fittings and steel threaded rod from China following separate five-year sunset reviews.

  • Rebar co-op members land cash rebate

    The Independent Steel Alliance, a rebar buying cooperative, performed better than expected during its first full year of operations, delivering a cash rebate to member fabricators where it initially expected none.

  • Acerinox sees N. America demand rise

    Stainless steel demand in North America increased 6 percent year on year in the second quarter, according to North American Stainless Inc. (NAS) parent company Acerinox SA.

Scrap

Nonferrous

  • Schumer backs US ferrosilicon firms

    Sen. Charles Schume has urged the Commerce Department to consider allegations from companies including Globe Specialty Metals Inc. that Russian suppliers of ferrosilicon "misreported critical facts" during the agency’s anti-dumping investigation.

  • Noranda Income Fund logs loss in 2d qtr.

    Noranda Income Fund, which owns a zinc processing facility in Quebec, posted a second-quarter net loss due to an unplanned maintenance outage, electrical equipment failures and lower zinc metal production and sales.

  • Global refined copper mart deficit widens in April: ICSG

    The global refined copper market deficit widened to 183,000 tonnes in April from an 84,000-tonne deficit the previous month, according to preliminary data from the International Copper Study Group.

  • Acquisitions boost Mueller 2d-qtr. results

    Copper, brass and aluminum pipe and tube maker Mueller Industries Inc. saw its second-quarter earnings jump 37.8 percent from a year earlier after adjusting for a $65.6-million gain from an insurance claim settled in the second quarter of 2013.

  • US aluminum extruders weighing trade action

    U.S. aluminum extruders are considering filing a trade complaint after it emerged that a Chinese-owned billet producer is storing a massive stockpile of aluminum extrusions at a facility in Mexico.

Supply Chain

  • ITC keeps duties on imports from China

    The U.S. International Trade Commission (ITC) has voted to maintain anti-dumping duties on malleable iron pipe fittings and steel threaded rod from China following separate five-year sunset reviews.

  • Cost cutting boosts Synalloy’s results

    Synalloy Corp. continues to grapple with the closure of its loss-making Bristol Fabrication unit, the company said in its quarterly earnings report.

  • Rail car retrofit venture finalized

    Greenbrier Cos. and Watco Cos. LLC have completed the formation of 50-50 joint venture GBW Railcar Services LLC, which will target the increasing demand for rail car repairs and retrofits.

  • CIT rules for Golden Dragon in copper tube trade case

    The U.S. Court of International Trade (CIT) has dismissed a lawsuit filed by domestic copper tube producers in an anti-dumping trade case involving Golden Dragon Precise Copper Tube Group Inc.

  • Worthington names Rose exec vp

    Worthington Industries Inc. has promoted Andy Rose to executive vice president, the company said July 21.

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  • Is it time to shred the shredders? by Jo Isenberg

    Oklahoma resident Eileen Rowley claims that windows have been cracked and house foundations damaged due to “sonic booms” permeating her neighborhood. And she’s not alone.

    Read More

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