Steel RSS

  • Cadillac lightweights luxury cars with aluminum, AHSS parts May 10, 2013

    Greater use of aluminum is helping Cadillac reduce overall weight of its ATS and CTS sedans, the luxury automaker said.

  • Tenaris debuts two new premium connections May 10, 2013

    Tenaris SA launched two new premium connections for deepwater drilling during the Offshore Technology Conference in Houston.

  • Synalloy unit wins Mexico piping systems deal May 10, 2013

    Synalloy Corp.’s Ram-Fab subsidiary has won a $6-million fabrication contract to provide high-nickel alloy, stainless and carbon steel piping systems for the Mexico-based operations of a Fortune-500 chemical manufacturing company.

  • Rebar prices softening amid patchy demand May 10, 2013

    Reinforcing bar demand remains spotty nationwide, with some regions seeing a flurry of activity and others reportedly thirsty for work.

  • Margin squeeze, inflation hit Brazil slab exports May 10, 2013

    The ongoing margin squeeze in the global steel industry coupled with an overvalued currency and rising inflation in Brazil have severely affected the Latin American nation’s slab exports.

  • Ontario court fines Algoma Tubes $70,000 May 10, 2013

    Algoma Tubes Inc. has been fined $70,000 by the Ontario Provincial Offences Court for alleged Occupational Health and Safety Act violations that led to the injury of two workers, according to the court.

  • Weakening yen ‘reshaping' Asian steel sector May 10, 2013

    The continued weakening of the Japanese currency is expected to reshape the competitive landscape of the Asian steel sector, according to analysts at Credit Suisse Group AG.

  • NW Pipe sues TK over alleged defective coil May 09, 2013

    Northwest Pipe Co. has filed a $1.9-million lawsuit against ThyssenKrupp Steel USA LLC over a shipment of steel coil that was allegedly defective, forcing the Vancouver, Wash.-based pipe and tube maker to buy steel plate from a third party instead.

  • Steel exports up 6.1% in March vs. February May 09, 2013

    Increased line pipe and heavy structural product shipments helped lift steel exports in March, data from the Commerce Department’s Import Administration show.

  • Steel wire rod prices flat but demand lags May 09, 2013

    Activity in the steel wire rod market has failed to meet expectations in May, and both buyers and suppliers say they’ve seen little if any improvement in demand over the past few weeks.

  • Essar confirms $50M credit amendment May 09, 2013

    Essar Steel Algoma Inc. has confirmed that the company’s lenders have approved an amendment to its credit agreement intended to reinforce the flat-rolled steelmaker’s liquidity position.

  • Steel mill product trade deficit shrinks May 09, 2013

    The trade deficit between iron and steel mill product imports and exports, valued at $544 million, fell 20 percent in March after growing 11.5 percent in February as imports declined at more than twice the rate of exports, according to the U.S. Bureau of Economic Analysis.

  • Inquiries on conflict minerals rise May 09, 2013

    Regulations on the sourcing of tantalum, tin and tungsten are creating legal headaches in the U.S. manufacturing supply chain, according to panelists at the recent MetalMiner-sponsored Conflict Minerals Edge conference in Chicago.

  • Import reliance said harming defense May 09, 2013

    Several congressmen and a retired U.S. Army brigadier general are calling on the federal government to reduce its dependence on foreign-sourced raw materials used in defense equipment.

  • Japan's steel output seen topping 27.5M tonnes in qtr. May 09, 2013

    Japanese steel output is forecast to reach 27.58 million tonnes in the current fiscal quarter, its highest level since the fourth quarter of 2010, amid continued growth in reconstruction and export demand, Japan’s Ministry of Economy, Trade and Industry (Meti) said.

  • Chinese steel demand will peak in 2030: Rio Tinto exec May 09, 2013

    China’s steel demand will peak at about 1 billion tonnes in 2030, according to an executive at Rio Tinto Plc.

  • Construction, auto production outlook upbeat at AISTech May 08, 2013

    Nonresidential construction could return to pre-recession levels within the next few years, with U.S. light vehicle output hitting 17 million units annually by 2018, panelists said May 8 at the Association for Iron and Steel Technology’s AISTech 2013 conference.

  • Steel needs faster, firmer trade policy: execs May 08, 2013

    Fundamental problems with U.S. trade policy—particularly when it comes to defining "injury"—are resulting in an uneven playing field in the battle against imports, steelmakers said.

  • Pipe, tube demand tepid: Hyundai Hysco May 08, 2013

    Hyundai Hysco Ltd. has seen a tepid start to 2013 after steadily improving demand each year following the recession, a top executive told AMM on the sidelines of the Offshore Technology Conference (OTC) in Houston.

  • Natural gas fueling US steel growth May 08, 2013

    Access to affordable natural gas will help ensure that U.S. steelmakers remain competitive in a global environment, with some domestic companies having already capitalized on its benefits, according to a number of industry executives.

  • Marmon/Keystone opens Nashville distribution hub May 08, 2013

    Marmon/Keystone LLC has opened a service center near Nashville, Tenn., to distribute aluminum and stainless pipe and tube, cold-drawn seamless, cold-rolled electric-weld, drawn-over-mandrel (DOM) and hot-rolled seamless steel tubing.

  • China’s finished steel exports up in April vs. March May 08, 2013

    China’s finished steel exports totaled 5.55 million tonnes in April, up 5.1 percent from 5.28 million tonnes in March, according to preliminary Chinese customs data.

  • NW Pipe reporting probe, lawsuits end May 08, 2013

    Northwest Pipe Co. has turned the page on one of its most difficult chapters with the end of both a U.S. Securities and Exchange Commission (SEC) probe and related shareholder lawsuits arising out of accounting troubles that began more than three years ago.

  • Pacific Coal plans to restart Jam coke mine in Colombia May 08, 2013

    Pacific Coal Resources Ltd. plans to restart metallurgical coal production at its Jam coke asset in May or June of this year, executive chairman Hernan Martinez has told AMM sister publication Steel First.

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