Steel RSS

  • Longhi rips Commerce OCTG probe vs. Korea Jun 26, 2014

    U.S. Steel Corp.’s top executive added his weight to the barrage of fire against the ongoing anti-dumping investigation on oil country tubular goods (OCTG) from South Korea.

  • OCTG sentiment, prices perk up in June Jun 26, 2014

    Oil country tubular goods (OCTG) prices climbed for a second consecutive month in June, hitting an eight-month high and further buoying market sentiment.

  • NW Pipe board member resigns Jun 26, 2014

    Michael C. Franson, a longtime member of Northwest Pipe Co.’s board of directors, has resigned, according to a U.S. Securities and Exchange Commission filing by the Vancouver, Wash.-based pipe maker.

  • Essar Steel Algoma workers ratify labor deal Jun 26, 2014

    Members of United Steelworkers union Local 2724 have ratified a 20-month labor deal with Essar Steel Algoma Inc.

  • Midwest scrap dealers look to boost July tags Jun 25, 2014

    Midwest ferrous scrap prices could recoup June’s declines when trading begins next week, according to early speculation by market participants.

  • US imports of Ukraine wire rod may rise Jun 25, 2014

    Modest steel wire rod shipments from Ukraine’s Metinvest could arrive in the United States in coming months at prices comparable to Turkish wire rod, according to the company and U.S. traders.

  • HSS prices soften, but demand said robust Jun 25, 2014

    Structural tubing prices east of the Rockies have begun to soften as domestic flat-rolled tags have started trending down over the past month.

  • US steel imports poised to rise in May Jun 25, 2014

    U.S. steel mill product imports are set to climb for the second month in a row in May, driven by sharp gains in inflows of oil country tubular goods (OCTG), heavy structural shapes and hot-rolled sheet.

  • Ohio officials back Warren’s power rate request Jun 25, 2014

    Ohio politicians have thrown their weight behind Warren Steel Holdings LLC’s bid for a lower power rate, arguing that cheaper electricity is necessary if the plant is to avoid shutting down.

  • Cliffs plans to idle met coal mine Jun 25, 2014

    Cliffs Natural Resources Inc. plans to temporarily idle its Pinnacle metallurgical coal mine in West Virginia, a pause that could last more than six months, the company said in a filing with the U.S. Securities and Exchange Commission.

  • Reliance, Chapel appeal MM Steel antitrust case Jun 25, 2014

    Reliance Steel & Aluminum Co. and Chapel Steel Corp. have filed an appeal in an antitrust case that saw several steelmakers and service centers hit with $156 million in damages, according to documents filed in federal District Court in Texas.

  • ITC rules stainless pipe imports injuring industry Jun 25, 2014

    The U.S. International Trade Commission (ITC) has ruled that dumped imports of welded stainless steel pressure pipe from Malaysia, Thailand and Vietnam are injuring the U.S. industry.

  • AK hiking stainless steel products Jun 24, 2014

    AK Steel Corp. will increase base prices for all stainless steel products effective with July 6 shipments.

  • Steel seen inefficient user of IT tools Jun 24, 2014

    Large integrated steelmakers have underinvested in information technology (IT) and software for years, with several corporate IT budgets at “barely maintenance” levels, according to one software consultant.

  • Southland ups freight as trucking costs soar Jun 24, 2014

    Southland Tube Inc. is increasing freight prices by 10 percent effective July 14 due to rising transportation costs, the company said in a letter to customers.

  • Tubulars on edge as trade case verdicts loom Jun 24, 2014

    The domestic energy tubular market remains on edge as final decisions in a historic anti-dumping case on oil country tubular goods (OCTG) are due in coming weeks.

  • Equipment dispute at former R.G. Steel mill in Ohio settled Jun 24, 2014

    The owners of the former R.G. Steel LLC mill in Warren, Ohio, and an industrial gas supplier appear to have settled their differences related to ownership of equipment on the site of the facility.

  • USS’ Gary furnace resumes production Jun 24, 2014

    The No. 8 furnace at U.S. Steel Corp.’s Gary Works in northwest Indiana has resumed production, a company spokeswoman said.

  • Potential trade cases worry steel importers Jun 24, 2014

    Offshore hot-rolled steel prices held steady while cold-rolled tags slipped as fears mounted of potential U.S. trade action against huge segments of the market, including cold-rolled sheet from China and India and hot-rolled coil from Russia.

  • US raw steel production rises 1.6% Jun 24, 2014

    U.S. raw steel output totaled an estimated 1,880,000 net tons last week, up 1.6 percent from 1,850,000 tons the previous week, as mills operated at an average capacity utilization rate of 78.2 percent.

  • CSI closes July flat-roll order book Jun 24, 2014

    California Steel Industries Inc. (CSI) has closed the book on July flat-rolled steel orders.

  • Phillips, Century sign sales deal Jun 24, 2014

    Phillips Metals Inc. has signed a sales representation agreement with Century Tube LLC for mechanical and coated steel tubing.

  • TMK Ipsco inks labor deal in Pa. Jun 24, 2014

    TMK Ipsco has reached a new labor deal with unionized workers at its steel operations in Koppel and Ambridge, Pa., the company said June 23.

  • Siemens EF delivers promising test results Jun 23, 2014

    Siemens VAI Metal Technologies GmbH & Co.’s Simetal Quantum electric-arc furnace (EF) technology is off to a strong start in initial hot tests in Mexico, according to chief technology officer Andreas Flick.

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