Steel RSS

  • Drilling increases in US, Canada Sep 02, 2014

    The number of drill rigs running in the United States rose by four last week.

  • US-import plate price spread widens on W. Coast Aug 29, 2014

    Energy-related business and its domestic melt requirements continue to drive West Coast steel plate demand while distributors battle in what some describe as a separate market where pricing is dominated by lower import tags.

  • Rebar prices rise on strong demand Aug 29, 2014

    U.S. rebar markets remained strong in late August, with market participants reporting busy mills, robust demand and stable to higher prices.

  • US, imported steel sheet prices diverge Aug 29, 2014

    Domestic and imported steel sheet prices moved in opposite directions this past week as potential trade actions sent some traders scrambling for new suppliers while domestic steel buyers questioned the sustainability of current price levels.

  • Buyers bristle at latest steel plate increases Aug 29, 2014

    Steel plate prices have moved up over the past week following a round of increases by several major domestic producers.

  • Line pipe trade case could come by mid-October Aug 29, 2014

    With domestic producers of welded line pipe reportedly struggling with low margins, a trade case targeting imports from South Korea and Turkey could be filed as early as mid-October, market sources told AMM this past week.

  • Canada wants more proof in rebar trade case Aug 29, 2014

    The Canadian International Trade Tribunal (CITT) has asked the country’s rebar producers to present a more compelling case for material injury prior to its final decision in an anti-dumping trade investigation of imports from China, South Korea and Turkey.

  • Steel beam imports poised to fall in Aug. after July gains Aug 28, 2014

    Steel beam imports are poised to fall in August after hitting their highest monthly total for the year in July as the threat of domestic trade complaints may have dampened foreign offers.

  • ArcelorMittal hiking coating extras Aug 28, 2014

    ArcelorMittal USA LLC plans to increase coating extras for hot-dipped galvanized and galvannealed products because of higher zinc costs.

  • GOES imports to weaken despite ITC: analyst Aug 28, 2014

    Foreign producers of grain-oriented electrical steel (GOES) will be "extremely cautious" about the volume of material they ship to North America in the coming months, one market analyst said, despite this week’s ruling that struck down proposed dumping duties on U.S. imports from Germany, Japan and Poland.

  • OCTG case boon for JMC, Edgen: Moody’s Aug 28, 2014

    Anti-dumping and countervailing duties levied against imports of oil country tubular goods (OCTG) from six countries should bode well for the credit ratings of pipe and tube producer JMC Steel Group Inc. and distributor Edgen Group Inc., according to Moody’s Investors Service Inc.

  • Industry comment: Twists, turns and treacherous curves in steel trade protection Aug 28, 2014

    The flurry of critiques about the alleged role of steel imports in the financial troubles of some elements of our domestic steel industry, most recently in the oil country tubular goods (OCTG) sector, reminds me of a recent visit to a remarkable gallery exhibition of a prominent American abstract Impressionist artist.

  • Essar Steel ‘explosion’ injures four Aug 28, 2014

    Four contract employees at Essar Steel Algoma Inc. were injured while conducting maintenance work on the steelmaker’s No. 7 blast furnace. All four were hospitalized.

  • Steelmakers renew push to end Russia treaty Aug 28, 2014

    Domestic flat-rolled steel producers have renewed their call to end an agreement suspending anti-dumping duties on flat-rolled imports from Russia.

  • Evraz boosting slab supplies from Russia to NA operations Aug 28, 2014

    Evraz Plc’s Nizhny Tagil Metallurgical Plant in Russia (Evraz NTMK) is ramping up slab supplies to the steelmaker’s North American operations.

  • Labor Day holiday notice Aug 28, 2014

    AMM’s offices will be closed Monday, Sept. 1, in observance of Labor Day, and there will be no issue dated Tuesday, Sept. 2.

  • Evraz eyes funding for N. America operations Aug 28, 2014

    Evraz Plc has no "immediate plans" to sell a stake in its North American operations, although it is mulling ways to raise funding to develop them, a top company executive said.

  • Evraz sees trade cases lifting OCTG Aug 27, 2014

    Russian steelmaker Evraz Plc expects to see stronger oil country tubular goods (OCTG) prices in North America thanks to trade petitions filed in the United States and Canada, a company executive said.

  • W. Coast still receiving China cold-roll offers Aug 27, 2014

    Offers of Chinese cold-rolled steel continue to trickle into the West Coast as buyers turn their attention to possible alternative offshore sources if a rumored trade complaint is filed.

  • GOES imports from 3 nations not hurting US Aug 27, 2014

    Imports of grain-oriented electrical steel (GOES) from Germany, Japan and Poland are not injuring or threatening to injure the U.S. industry, the International Trade Commission (ITC) ruled Aug. 27, and as a result no anti-dumping duties will be imposed.

  • ATI delaying stainless steel price hike again Aug 27, 2014

    Allegheny Technologies Inc.’s (ATI’s) Flat Rolled Products segment is again delaying a proposed stainless steel price increase to Sept. 29 after market leader North American Stainless Inc. (NAS) slated a hike starting in October.

  • Distributors’ OCTG sales prices hit new high Aug 27, 2014

    Distributors’ oil country tubular goods (OCTG) prices hit a 21-month high in August after logging a fourth consecutive monthly increase.

  • Gerdau hot commissions St. Paul caster Aug 27, 2014

    Gerdau SA has begun hot commissioning of the new four-strand Danieli billet caster at its mill in St. Paul, Minn., and expects the caster to reach full production by the fourth quarter, the steelmaker said Aug. 27.

  • US-import price gap for OCTG slims Aug 27, 2014

    The price gap between foreign and U.S. oil country tubular goods (OCTG) has narrowed as tags for imported product continue to rise following an injury determination against offshore product from six nations, including largest supplier South Korea.

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