Steel RSS

  • Great Lakes shipping delays seen continuing Apr 10, 2014

    Shipments of iron ore and coal on the Great Lakes will likely remain delayed in April due to fallout from severe winter weather, Glen G. Nekvasil, vice president of the Lake Carriers’ Association, told AMM.

  • CarTech sees lower profits amid higher weather costs Apr 10, 2014

    Carpenter Technology Corp. said it expects its fiscal third-quarter earnings to be in a range of 54 to 58 cents per diluted share, 10 cents lower than previously forecast due to higher energy costs and lower-than-expected sales of specialty alloys.

  • STI names Anderson HSS director Apr 10, 2014

    The Steel Tube Institute (STI) has appointed Joseph Anderson hollow structural sections (HSS) director, replacing Mark Bula.

  • Tyco sells remaining Atkore stake Apr 10, 2014

    Tyco International Ltd. has sold the last of its stake in Harvey, Ill.-based Atkore International Holdings Inc., parent of Allied Tube & Conduit Corp., for about $250 million, according to a company statement.

  • Southland lifts pipe, structural products $30/T Apr 10, 2014

    Southland Tube Inc. has increased prices on its mechanical, pipe and structural products by $30 per ton ($1.50 per hundredweight) effective April 9, "due to rapidly rising raw material costs," the company said in a letter to customers.

  • NLMK USA pushes up planned furnace outage Apr 09, 2014

    NLMK USA has brought forward a planned outage at its Portage, Ind., reheat furnace, a company source confirmed.

  • Gary Works gets more iron ore Apr 09, 2014

    U.S. Steel Corp.’s Gary Works in northwest Indiana has received three shipments of iron ore but is still operating at reduced capacity, a company spokeswoman told AMM.

  • USS joins Iraq oil well supply alliance Apr 09, 2014

    U.S. Steel Tubular Products, a subsidiary of U.S. Steel Corp., has formed an alliance with MRC Global Inc. and North America Western Asia Holdings LLC (NAWAH) to supply oil well equipment in southern Iraq.

  • ITA rejects request to review OCTG margin Apr 09, 2014

    The U.S. Commerce Department’s International Trade Administration (ITA) has rejected a request by Vietnamese oil country tubular goods (OCTG) producer SeAH Steel Vina Corp. to recalculate its preliminary anti-dumping margin in an ongoing trade case.

  • Steel falling short on US scrap usage: Danjczek Apr 09, 2014

    The U.S. steel industry does "not satisfy" the domestic scrap metal market, former Steel Manufacturers Association president Thomas A. Danjczek said at the Institute for Scrap Recycling Industries’ annual convention in Las Vegas.

  • US steel mill shipments fall 3.5% in Feb. Apr 09, 2014

    U.S. steel mills shipped 7.62 million net tons in February, down 3.5 percent from 7.9 million tons the previous month but up 2.4 percent from 7.44 million tons a year earlier, American Iron and Steel Institute data show.

  • Wheatland Tube signs up sales partner Apr 09, 2014

    New Century Sales Inc. will represent Wheatland Tube Co.’s electrical conduit, elbows, couplings and nipple electrical products in northern, central and south-central Indiana.

  • Keystone raises wire rod product prices Apr 09, 2014

    Keystone Steel & Wire Co. is increasing all wire rod base prices by $20 per ton ($1 per hundredweight) effective with all shipments May 1, the company said in an April 9 letter to customers.

  • Wheatland Tube hiking fence product prices Apr 09, 2014

    Wheatland Tube Co. is raising prices on all fence framework products by 5 percent effective April 10.

  • Gerdau raising wire rod product prices Apr 09, 2014

    Gerdau Long Steel North America is increasing its wire rod product prices by $20 per ton ($1 per hundredweight) effective with shipments May 1, it said in an April 8 letter to customers.

  • CSI joins move to boost sheet prices Apr 08, 2014

    California Steel Industries Inc. (CSI) has raised prices on hot-rolled, hot-rolled pickled and oiled, and cold-rolled sheet by a minimum of $20 per ton, and galvanized sheet by a minimum of $30 per ton effective April 8 "due to changing market conditions," it said in a letter to customers.

  • Tenn. gives slag solid waste exemption Apr 08, 2014

    Tennessee’s governor has signed off on an exemption for steel slag that prevents it from being regulated as solid waste.

  • Mills troubled by scrap supply issues, quality Apr 08, 2014

    Logistical issues related to the availability of rail cars and trucks for scrap shipments have combined with an overall decline in scrap flows into dealer yards to create grave supply-side concerns for steel mills.

  • Allied Tube hiking pipe product prices Apr 08, 2014

    Higher steel prices have prompted Allied Tube & Conduit Corp., a division of Atkore International Holdings Inc., to increase prices for fence and mechanical products.

  • Cuts, closures support OCTG trade case: AISI Apr 08, 2014

    Recent production cuts and mill closures in the domestic oil country tubular goods (OCTG) sector will likely be a focus of an ongoing anti-dumping investigation against nine countries before a final decision in the trade case is made in July.

  • ITC schedules vote on steel threaded rod imports Apr 08, 2014

    The U.S. International Trade Commission (ITC) is scheduled to vote May 1 in an anti-dumping investigation against steel threaded rod from Thailand.

  • Nucor increases wire rod $20/T Apr 08, 2014

    Nucor Corp. is raising its transaction prices for wire rod products by $20 per ton ($1 per cwt) effective with May 1 shipments, the steel producer told customers April 7.

  • US steel output falls to lowest level this year Apr 08, 2014

    U.S. raw steel output totaled an estimated 1,762,000 net tons last week, down 3.2 percent from 1,820,000 tons the previous week, as mills operated at an average capacity utilization rate of 73.3 percent. It was the lowest weekly level since mid-December.

  • James River Coal seeking Chapter 11 Apr 07, 2014

    James River Coal Co. has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Virginia in order to implement a “comprehensive turnaround plan” after struggling with weakness in the coal markets, the company said April 7.

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