Steel RSS

  • WTO rules for US in dispute vs China Mar 26, 2014

    The World Trade Organization (WTO) has sided with the United States in a dispute over export restrictions by China on tungsten, molybdenum and 17 rare earths elements, U.S. Trade Representative (USTR) Michael Froman said March 26.

  • Universal joins move to hike alloy prices Mar 26, 2014

    Universal Stainless & Alloy Products Inc. is increasing base prices by 5 percent effective April 1 on all new orders of premium melted grade products manufactured at the company’s facilities in Bridgeville, Pa., Dunkirk, N.Y., and North Jackson, Ohio.

  • Steel product imports pick up in Feb. Mar 25, 2014

    U.S. steel import business has been “steady” and “good,” particularly due to certain attractive offers overseas, including in Asian markets, one trader said.

  • Energex Tube to shutter Ontario operation Mar 25, 2014

    Energex Tube, JMC Steel Group Inc.’s energy tubular division, is idling its mill in Welland, Ontario, and laying off all the workers at the plant.

  • Alarm sounded at steel caucus hearing Mar 25, 2014

    A spring nor’easter wrapped the nation’s capital in a thin coat of snow Tuesday morning, but the temperature inside the Rayburn House Office Building was visibly elevated as an all-star cast of American steel executives and more than a dozen Congressional Steel Caucus members convened a hearing to address the “State of Steel: Spotlight on Trade, Energy and Currency Policy.”

  • Longhi slams S. Korean OCTG makers Mar 25, 2014

    U.S. Steel Corp.’s top executive criticized South Korean producers of oil country tubular goods (OCTG) at the Congressional Steel Caucus in Washington March 25.

  • Alton Steel owner opts not to sell company Mar 25, 2014

    Steel bar manufacturer Alton Steel Inc. is no longer for sale, company sources told AMM, months after its improved position drew interest from several prospective buyers.

  • Hollow structural section prices fall again Mar 25, 2014

    Hollow structural section (HSS) prices east of the Rockies continued to fall in March due to a drop in coil tags that was recently stemmed and steady, rather than robust, demand due to severe winter weather in some regions.

  • Mills, buyers clash over beam price discounts Mar 25, 2014

    Structural steel producers and several of their customers are caught in a tug of war over prices as mills continue to push for the elimination of discounts.

  • Warren output halted amid weak demand Mar 25, 2014

    Warren Steel Holdings LLC has ceased production due to possible cash flow issues and weak customer demand, but hopes to resume operations as soon as possible.

  • ITC keeps anti-dumping duties on innerspring units Mar 25, 2014

    In a five-year sunset review, the U.S. International Trade Commission (ITC) voted to maintain duties on imports of uncovered innerspring units from China, South Africa and Vietnam.

  • Commerce ends anti-dumping duties on ball bearings Mar 25, 2014

    In the final results of an anti-dumping duty sunset review of imports of ball bearings from Japan and the United Kingdom, the U.S. Commerce Department’s International Trade Administration (ITA) has revoked the duty orders as no domestic interested parties filed a notice of intent to participate.

  • Turkey’s elections expected to bring clarity to steel market Mar 25, 2014

    Turkish steel market activity has slowed ahead of the country’s mayoral elections, with market participants holding wait-and-see positions in a sector that lacks direction.

  • Jordan Cove Energy Project OK’d to export LNG Mar 25, 2014

    Jordan Cove Energy Project LP has received conditional approval to export liquefied natural gas to countries that don’t have a free-trade agreement with the United States.

  • Marmon/Keystone taps southeastern manager Mar 25, 2014

    Pipe and tubing distributor Marmon/Keystone LLC has named Deryle Blakley its white metals product manager for the southeastern region, the company said March 25.

  • Steel output climbs to nearly 8-month high Mar 25, 2014

    U.S. raw steel output totaled an estimated 1,885,000 net tons last week.

  • Trustee objects to Pacific Steel attorney Mar 25, 2014

    The bankruptcy trustee for Pacific Steel Casting Co. has objected to the appointment of an attorney seeking to represent the company until certain issues are resolved.

  • EPA disputes air permit for Nucor’s La. facility Mar 24, 2014

    The U.S. EPA has pushed back against operating permits issued by Louisiana’s state environmental body for Nucor Corp.’s pig iron and direct-reduced iron (DRI) facility, alleging that certain clauses fail to comply with the Clean Air Act.

  • Turkey set to remain top US rebar supplier Mar 24, 2014

    The U.S. market is poised to receive large volumes of imported concrete reinforcing bar in March, government data show.

  • Bull Moose’s Meyer replaced; reason unclear Mar 24, 2014

    Jack Meyer has been replaced as chief executive officer of structural and mechanical tubing maker Bull Moose Tube Co. by Michael Blatz.

  • Former Severstal exec indicted on tax charges Mar 24, 2014

    A former executive of Russia’s OAO Severstal has been accused of hiding millions of dollars from U.S. tax authorities in Swiss bank accounts.

  • Tsingshan plans to build NPI plant in China Mar 24, 2014

    Tsingshan Holding Group Co. Ltd. is building an integrated nickel pig iron plant in China that will be the world’s first to use nickel sulfide concentrate directly to make stainless.

  • Electralloy hiking alloy prices April 1 Mar 24, 2014

    Specialty and stainless steel melter Electralloy is increasing its specialty stainless, premium melted stainless, nickel alloy bar and billet product prices about 3 to 5 percent effective with all new orders placed April 1.

  • ITA issues preliminary decision on India stainless bar imports Mar 24, 2014

    The U.S. Commerce Department’s International Trade Administration (ITA) has issued a preliminary determination in an anti-dumping duty administrative review of imports of stainless steel bar from India from Feb. 1, 2012, to Jan. 31, 2013, that Ambica Steels Ltd. didn’t sell the product at below normal value during the review period.

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