Steel RSS

  • Nucor increasing plate products Jun 12, 2014

    Nucor Corp. has raised prices for carbon as-rolled plate, as well as alloy and heat-treated plate effective immediately, the Charlotte, N.C.-based steelmaker said in a letter to customers June 12.

  • ArcelorMittal lifts plate tags; others seen following Jun 11, 2014

    ArcelorMittal USA LLC has increased prices on as-rolled plate products by a minimum of $30 per ton ($1.50 per hundredweight) and boosted tags on heat-treated plate products by at least $50 per ton ($2.50 per cwt).

  • Fire at Evraz Colo. site contained Jun 11, 2014

    A fire at Evraz Inc. North America’s property in Pueblo, Colo., on June 10, which "did not involve any Evraz Pueblo mill or operation," was brought under control with no injuries, the company said.

  • Cliffs concession may not be enough Jun 11, 2014

    The proxy sparring match between Cliffs Natural Resources Inc. and activist hedge fund Casablanca Capital LP looks poised to continue, even as the country’s largest iron ore miner agreed to concede at least two seats on its 11-person board.

  • Abakan lands two Mexican sales orders Jun 11, 2014

    Abakan Inc. has secured initial sales and test orders for its patented PComP coatings from two of Mexico’s largest steel manufacturers, the company said June 10.

  • Esmark mulling interest in USS' former mill Jun 10, 2014

    Esmark Steel Group LLC is conducting due diligence at Železara Smederevo d.o.o., U.S. Steel Corp.’s former operations in Serbia, an executive at the Serbian mill said, noting that company representatives recently visited the facility.

  • US raw steel output retreats 2.6 percent Jun 10, 2014

    U.S. raw steel output totaled an estimated 1,845,000 net tons last week, down 2.6 percent from 1,895,000 tons the previous week, as mills operated at an average capacity utilization rate of 76.7 percent.

  • SDI steel beam shipments said delayed Jun 10, 2014

    Steel Dynamics Inc.’s (SDI’s) wide-flange beam shipments are still being plagued by delays even though this year’s disruptive winter weather problems have passed, according to market sources.

  • Warren Steel seeks lower rate to restart Jun 10, 2014

    Warren Steel Holdings LLC wants to restart and ramp up production to 1 million tons per year, its maximum capacity, if it can wrest a lower power rate from Ohio regulators.

  • OCTG anti-dumping case said boosting prices Jun 10, 2014

    The price differential between oil country tubular goods (OCTG) tubing and casing is climbing as competitively priced imports have dwindled due to preliminary dumping duties levied in an ongoing trade case, market sources told AMM.

  • Aluminum use in autos set to explode: Ducker Jun 10, 2014

    Aluminum sheet usage for light vehicle body and closure parts will grow from less than 200 million pounds in 2012 to approximately 4 billion pounds by 2025, according to a study by Ducker Worldwide LLC.

  • Teamsters backing call for OCTG case Jun 10, 2014

    Senior members of the International Brotherhood of Teamsters union have called on the U.S. Commerce Department to "fully weigh the concerns of the U.S. steel industry" as it conducts final investigations in an anti-dumping probe against oil country tubular goods (OCTG) imports from South Korea.

  • Gerdau halts Tenn. rebar plant for one day Jun 10, 2014

    Gerdau Long Steel North America’s Knoxville, Tenn., steel mill shut down for the day June 10 after the company learned an employee died from injuries sustained in a May explosion, a spokeswoman told AMM via e-mail.

  • US steel exports at 6-month high in April Jun 10, 2014

    U.S. exports of steel mill products climbed 3.8 percent in April compared with the previous month, marking a six-month high, according to the latest U.S. Census Bureau data.

  • AK Steel, union reach labor deal at Middletown Jun 10, 2014

    AK Steel Corp. has reached a labor agreement with unionized workers at its Middletown, Ohio, facility more than three months before the existing contract was set to expire.

  • Outokumpu adjusts stainless price hike Jun 10, 2014

    Outokumpu Stainless USA LLC has revised stainless steel base prices for Type 201 and 201LN material effective June 6.

  • Exploreco hires Watson as vp of sales Jun 10, 2014

    Exploreco International LLC has hired Duke C. Watson as vice president of sales, the company said.

  • US steel mill shipments slip in April Jun 09, 2014

    U.S. steel mills shipped 8.24 million net tons in April, down 1.2 percent vs. March even as shipments were 3.2 percent higher year on year, the American Iron and Steel Institute said June 9.

  • Effort to lift beam tags defused by shred’s fall Jun 09, 2014

    Softening scrap tags are defusing any effort to raise beam prices, despite what appears to be improving activity in nonresidential construction, according to most buyer sources.

  • Great Lakes iron ore shipments back to normal Jun 09, 2014

    Great Lakes iron ore shipments returned to normal levels in May, although the supply chain continued to feel the impact of a cold winter as ice-damaged vessels out for repairs reduced shipping capacity.

  • Borusan suit vs. Commerce dismissed Jun 09, 2014

    The U.S. Court of International Trade (CIT) has dismissed a lawsuit filed by Turkey’s Borusan Mannesmann Boru Sanayi ve Ticaret AS against the Commerce Department regarding its post-preliminary decision in an oil country tubular goods (OCTG) countervailing duty case.

  • Algoma Tubes, USW in 3-year labor deal Jun 09, 2014

    Tenaris Algoma Tubes and its unionized workers have ratified a new labor deal, a company spokesman told AMM June 9.

  • ITC expedites China duty reviews Jun 09, 2014

    The U.S. International Trade Commission (ITC) is expediting a sunset review of anti-dumping duty orders on certain steel threaded rod and malleable iron pipe fittings from China.

  • US drilling falls, Canada rises Jun 09, 2014

    The number of drill rigs running in the United States fell by six last week.

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