Steel

  • CSI closes flat-rolled order book Sep 19, 2014

    California Steel Industries Inc. (CSI) has filled its October flat-rolled production capacity.

  • US stainless long products on right path Sep 18, 2014

    The domestic stainless long products market is heading in the right direction, with consumption improving and import penetration—historically very high—drifting downward, according to one top industry analyst.

  • Severstal NA chief departs following sale Sep 18, 2014

    Former Severstal North America Inc. chief executive officer Saikat Dey has left the company following its acquisition by Steel Dynamics Inc. (SDI) and AK Steel Corp.

  • SDI expects stronger earnings in 3d qtr. Sep 18, 2014

    Steel Dynamics Inc. (SDI) said it expects its third-quarter earnings to be higher than in the second quarter and a year earlier as "both shipments and metal spreads are expected to improve across the steel operating platform."

  • Esmark forms European unit Sep 18, 2014

    Esmark Inc. has created an Esmark Europe subsidiary whose ranks include former executives of U.S. Steel Corp.’s operations in Slovakia, the company said Sept. 18.

  • SMA tackling high rail, trucking rates Sep 18, 2014

    The Steel Manufacturers Association (SMA) is prioritizing the problem of high rail and trucking freight rates, according to the group’s top executive.

  • China’s edge in stainless longs eroding Sep 18, 2014

    Chinese stainless steel producers have less than a decade before their cost curves converge with the rest of the world and end their run as the lowest-cost producers, one industry analyst said.

  • AM/NS Calvert to lift slab supply from Ind. Sep 18, 2014

    ArcelorMittal SA’s plan to boost slab supplies from its Indiana Harbor plant in East Chicago, Ind., to its AM/NS Calvert LLC facility could allow the company to sell products to customers participating in projects with “Buy American” requirements.

  • USS stock jumps on CCAA filing Sep 18, 2014

    U.S. Steel Corp.’s stock jumped Wednesday in the wake of the company’s plans to restructure its Canadian operations.

  • USW lashes out at USS, Canadian gov’t Sep 17, 2014

    The United Steelworkers union is blaming U.S. Steel Corp. and the Canadian government for jeopardizing about 2,000 jobs as a result of the steelmaker’s plan to restructure its lossmaking Canadian subsidiary.

  • AK offers option to 300-series stainless Sep 17, 2014

    AK Steel Corp. has introduced a nickel-free stainless steel product that it claims is similar to austenitic stainless steel without the price volatility that comes with nickel-bearing material.

  • Mexico’s demand for stainless said surging Sep 17, 2014

    Mexico is proving to be a driving force behind the growth in stainless steel consumption, according to industry executives and analysts.

  • Nucor projects stronger third quarter Sep 17, 2014

    Nucor Corp. expects stronger earnings in the third quarter due in part to higher projected profitability in sheet, structural bars and plate.

  • Electrical steelmakers appeal trade ruling Sep 17, 2014

    The domestic grain-oriented electrical steel (GOES) industry is appealing the U.S. International Trade Commission’s (ITC’s) negative determination in an anti-dumping investigation of imports from Germany, Japan and Poland.

  • Steel will stay No. 1 in autos: ArcelorMittal Sep 17, 2014

    ArcelorMittal SA expects steel to remain the material of choice for cars and light trucks, according to company executives.

  • AM/NS Calvert to add slab staging muscle Sep 17, 2014

    The owners of AM/NS Calvert LLC will invest $40 million to expand the slab yard to boost slab staging capacity at the Calvert, Ala., rolling mill.

  • ArcelorMittal eyes adding EF at Calvert Sep 17, 2014

    ArcelorMittal SA might consider adding an electric-arc furnace (EF) at AM/NS Calvert LLC, its joint-venture rolling mill in Calvert, Ala.

  • ArcelorMittal cooks up steel diet for pickups Sep 17, 2014

    ArcelorMittal SA is aiming to help pickup trucks meet tougher fuel economy standards with advanced high-strength steels (AHSS).

  • USS Canada files for relief from creditors Sep 17, 2014

    U.S. Steel Corp.’s Canadian operations have filed for relief from creditors under the country’s Companies’ Creditors Arrangement Act.

  • Turkish mills blast Canada for rebar duties Sep 16, 2014

    Turkish rebar exporters have hit back against Canada’s decision to levy initial duties on imports of the material into Canada.

  • Stainless industry finally turning corner: exec Sep 16, 2014

    The U.S. stainless steel industry has finally recovered from the financial crisis, according to a top industry executive, and producers are now seeing a tight market, which has been a long time coming.

  • Essar wins OK on $100M financing deal Sep 16, 2014

    Essar Steel Algoma Inc. has received approval to proceed with an agreement that would provide it with a near-term capital infusion of $100 million.

  • Turkish rebar mills lash out at US claims Sep 16, 2014

    Representatives from Turkish rebar mills Içdaş Çelik Enerji Tersane ve Ulaşım Sanayi AS and Çolakoğlu Metalurji AŞ defended their country’s rebar industry as efficient and free from dumping and subsidy practices while criticizing U.S. rebar producers.

  • Severstal closes sale of N. American assets Sep 16, 2014

    OAO Severstal has completed the sale of its North American operations to Steel Dynamics Inc. (SDI) and AK Steel Corp., the companies announced Sept. 16.

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