Steel RSS

  • USS lifts coating extras; other mills likely to follow Aug 21, 2014

    Domestic steelmakers are continuing their push to raise zinc coating extras in an effort to offset higher costs.

  • Nucor facility adds automated fence post system Aug 21, 2014

    Arnold Machine Inc. has built an automated system to cut, paint and bundle fence posts at Nucor Corp.’s mill in Plymouth, Utah.

  • USS boosts zinc coating extras Aug 20, 2014

    U.S. Steel Corp. has increased prices for coating-weight extras for hot-dipped galvanized and galvannealed products.

  • Beam trade case threat could impact imports Aug 20, 2014

    Reports that U.S. steel beam mills are contemplating trade action against imports could put an initial damper on some traders’ willingness to quote material, but it also could spur others to move beams here as soon as possible, market sources said this week.

  • Corsa completes buy of PBS Coals Aug 20, 2014

    Canadian coal miner Corsa Coal Corp. has completed its $60-million acquisition of PBS Coals Inc., the North American coal assets of OAO Severstal.

  • ITC’s India steel rod ruling faces challenge Aug 20, 2014

    U.S. producers of steel threaded rod will appeal a recent U.S. International Trade Commission (ITC) decision that Indian rod imports are not injuring or threatening to injure the domestic industry, mirroring a similar appeal in a trade case against Thailand.

  • US, India appealing parts of WTO steel decision Aug 20, 2014

    The United States and India have separately appealed parts of a World Trade Organization (WTO) ruling on steel trade between the two countries, with both governments faulting "issues of law and legal interpretation" in the July report.

  • PSL-North America sold to India's Jindal SAW Aug 20, 2014

    Bankrupt large-diameter spiral-weld pipe maker PSL North America LLC has been sold to India’s Jindal SAW Ltd. for $100 million.

  • Scrap price sentiment said improving for Sept. Aug 20, 2014

    Strengthening steel mill order books, finished steel prices and ferrous scrap export prices, combined with tighter scrap supply and transportation issues, have boosted market sentiment for domestic scrap prices in September.

  • Plymouth Tube to close Wisconsin facility Aug 20, 2014

    Plymouth Tube Co. is planning to permanently shutter a plant in East Troy, Wis., starting in mid-October.

  • China, US boost global steel output Aug 20, 2014

    Global crude steel output rose 1.7 percent last month to more than 136.8 million tonnes, led by Asia, North America and the Commonwealth of Independent States (CIS).

  • Severstal Columbus to pay $135,000 penalty Aug 20, 2014

    Severstal North America Inc. has agreed to pay a $135,000 penalty to settle alleged operating permit violations at its electric-arc furnace operation in Columbus, Miss., according to Mississippi Commission on Environmental Quality documents.

  • USS Gary Works fire extinguished Aug 19, 2014

    The coke plant at U.S. Steel Corp.’s Gary Works in northwest Indiana suffered a fire Aug. 19, a company spokeswoman said.

  • US structural steel mills weighing trade action Aug 19, 2014

    U.S. structural steel producers, concerned that imports are biting into an improving market, are weighing a possible trade action against foreign mills on beams.

  • Stainless scrap prices continue to slide Aug 19, 2014

    Stainless steel scrap prices continued to slide this week in step with lower nickel prices, and industry sources said there is "little sign of an upside."

  • Trade verdict fails to deter S. Korea OCTG Aug 19, 2014

    U.S. imports of oil country tubular goods from South Korea show no sign of slowing one month after the U.S. Commerce Department’s International Trade Administration imposed anti-dumping duty margins ranging from 9.89 to 15.75 percent on Korean products.

  • Legislation aims to lift domestic pipe use Aug 19, 2014

    A Pennsylvania senator has introduced three bills that could boost domestic pipe consumption in oil and gas exploration.

  • First Colombia Gold plans pipe threading plant Aug 19, 2014

    First Colombia Gold Corp. is planning to open a pipe threading facility at its oil offices in Albany, Ky.

  • US raw steel production increases 1.2% Aug 19, 2014

    U.S. raw steel output totaled an estimated 1,919,000 net tons last week, up 1.2 percent from 1,896,000 tons the previous week, as mills operated at an average capacity utilization rate of 79.8 percent.

  • US, Canadian stainless shipments rise again Aug 18, 2014

    North American stainless steel shipments continued to show strength in July, according to the latest Metals Service Center Institute (MSCI) data, although distributor sources told AMM there have been some signs of softening end-market demand.

  • Plate mart awaits next move after Nucor hike Aug 18, 2014

    The steel plate market could be poised to move higher after one domestic producer raised prices.

  • Strong demand boosts rebar prices Aug 18, 2014

    Several rebar producers have announced price increases amid strong demand and lean inventories, market sources said.

  • Essar Steel Algoma credit rating cut again Aug 18, 2014

    Essar Steel Algoma Inc.’s long-term corporate credit rating has been downgraded to "selective default" from "CCC-" by Standard & Poor’s Ratings Services (S&P).

  • Nucor outlines appeal of ITC decision on Ukraine wire rod Aug 18, 2014

    Nucor Corp. has outlined its case against a U.S. International Trade Commission (ITC) decision to allow anti-dumping duties on wire rod imports from Ukraine to expire.

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