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U.S. steel imports appear to have bucked a two-month slide, increasing 4 percent in April from the previous month on increased shipments from Brazil and Japan.
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U.S. Steel Corp. expects domestic drilling activity to pick up as natural gas prices, buoyed by a drawdown of stocks due to a longer than expected winter in some parts of the country, have risen to more than $4 per million British thermal units (mmBtu).
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New parts of the Affordable Care Act (ACA) will come into full force in eight months, and while most steel companies are sticking with the health insurance plans they currently offer employees, they aren’t happy about what may come next.
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U.S. Steel Corp. is considering vertically integrating into natural gas if the opportunity is right, its top executive said.
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Strict enforcement of trade laws will be crucial to keeping steelmakers’ margins healthy and maintaining the U.S. manufacturing sector’s strength, according to several top trade attorneys.
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The U.S. International Trade Commission will vote May 10 in a preliminary determination on imports of diffusion-annealed, nickel-plated flat-rolled steel products from Japan.
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The U.S. Commerce Department’s International Trade Administration (ITA) has issued a second set of amended final results in the countervailing duty administrative review of hot-rolled carbon steel flat products from India.
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Gerdau Long Steel North America has lowered its base price on concrete reinforcing bar (rebar) by $20 per ton ($1 per hundredweight) effective for all shipments beginning May 1, the company announced in a letter to customers.
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Universal Stainless & Alloy Products Inc. saw sales drop sharply in the first quarter as customers continued to manage inventory levels and purchase material on a "hand-to-mouth" basis.
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U.S. Steel Corp. is considering a direct-reduced iron (DRI) venture with Republic Steel in Lorain, Ohio, it said.
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U.S. Steel Corp. is stepping up its efforts to reduce costs in a number of key areas, including raw materials, logistics, and repair and maintenance, in what it has characterized as a tough market environment.
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Discussions on how to manage state-owned enterprises (SOEs) may come under increased scrutiny in future negotiations over what could be one of the largest trade agreements to date—the proposed Trans-Pacific Partnership (TPP).
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The U.S. economy continues to face a number of major obstacles, from regulatory overreach to a swelling trade deficit with China, but there also exist numerous "reasons for optimism," according to Peter Morici, a professor at the University of Maryland’s Robert H. Smith School of Business.
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North American Stainless Inc. (NAS) has reduced its fuel surcharge for stainless flat and long products to 34 percent effective with May 1 shipments.
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ArcelorMittal SA expects limited inventory restocking to benefit its U.S. operations in the first half of 2013 following rising demand coupled with inventory cuts in the fourth quarter of 2012.
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Latin American steelmaker Ternium SA has ruled itself out as a possible bidder for ThyssenKrupp AG’s 73.13-percent stake in the 5-million-tonne-per-year Cia. Siderúrgica do Atlântico (CSA) slab plant in Brazil.
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Mexican steelmaker Altos Hornos de México SAB de CV (Ahmsa) saw revenues fall by 4.8 percent year over year in the first quarter of 2013.
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The Commerce Department’s International Trade Administration (ITA) is conducting various five-year reviews of anti-dumping duty orders.
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U.S. Steel Corp. is considering a direct-reduced iron (DRI) joint venture with Republic Steel in Lorain, Ohio, chairman and chief executive officer John P. Surma said during the company’s first-quarter conference call April 30.
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Artco Group International Inc. has merged its Artco Steel and Houston Blow Pipe operations, assembling a unified sales team catering to customers of both entities and offering a broader spectrum of product and service offerings, president and chief executive officer Jeffrey Himmel told AMM.
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Structural steel fabricator Banker Steel Co. will begin producing remotely constructed building modules at its 50,000-square-foot expansion in Lynchburg, Va., next week as the company sets its sights on a growing market.
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National Tube Supply Co. has broken ground on a new site in Baytown, Texas, that is targeted for completion by year-end.
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TMK Ipsco logged weaker shipments during the first quarter compared with the same period a year earlier due to a declining rig count and high customer inventories, parent company OAO TMK said.
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Prolamsa Group will build a 300,000-ton-per-year welded energy tubulars mill in Bryan, Texas.