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Air Products & Chemicals Inc. has powered up a new air separation plant in Tangshan, Hebei province, to supply gaseous oxygen via pipeline to Tangshan Guofeng Steel, a member of China's Xinfeng Group, and Tangshan Fufeng Steel Co.
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The Japan Federation of Basic Industry Workers' union (JBU) will ask for a wage increase for workers in the steelmaking, nonferrous metal smelting and shipbuilding industries in negotiations next year, a JBU official said.
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Mittal Steel Co. NV, Rotterdam, has spent $98 million to increase its holding in its plant in Zenica, Bosnia-Herzegovina, by 41 percent, bringing its interest in the facility to 92 percent. Mittal, the world's largest steelmaker, bought the stake from the Kuwait Investment Authority, adding to the 51-percent interest bought in August 2004 in what was then called BH Steel.
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Workers who have been laid off from their jobs at Mittal Steel USA's Weirton, W.Va., plant will be able to hear why from a very good source this week. Mittal Steel USA chief executive officer Lou Schorsch will hold a special meeting with Weirton's active and laid-off employees Tuesday to discuss the shutdown of the mill's ironmaking and steelmaking facilities.
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James Wainscott, chairman, president and chief executive officer of AK Steel Corp., Middletown, Ohio, has worked hard to smooth ruffled feathers among the company's various constituents in his year-plus on the job, pushing to improve communications with unions, governments and environmental and community groups, among others.
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President Bush is due to receive a recommendation from the U.S. Trade Representative's Office Thursday on whether to impose duties or other restrictions on imports of welded non-alloy steel pipe from China (AMM, Nov. 21).
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Allegheny Technologies Inc. will boost its 2006 capital investments and voluntarily contribute to its pension plan.
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Wheeling-Pittsburgh Steel Corp. won a small victory in its legal fight against a Massey Energy Co. subsidiary when a judge ruled that the coal company must turn over customer pricing information.
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Slow boats are sinking Alpha Natural Resources Inc.'s financial expectations this year.
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While the nation's steel and steel-related companies were again propitious recipients in 2005 of funding through the U.S. Continued Dumping and Subsidy Offset Act, also known as the Byrd Amendment, more steel players received less.
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Steel buyers have shifted to lower inventory levels in recent months, according to a survey by the Institute for Supply Management (ISM), and expect to keep purchases in line during the next three to six months.
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German plate maker Dillinger Hüttenwerke AG will bank one of its blast furnaces on Monday for upgrade work that will take about a month to complete.
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Existing anti-dumping duty orders on forged stainless steel flanges from India and Taiwan will remain in place, the U.S. International Trade Commission (ITC) ruled after completing a five-year sunset review on imports of the product from the two nations.
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Timken Co., Canton, Ohio, has named Alastair R. Deane as senior vice president of technology. Deane, who will lead Timken's global technology efforts in support of generating value and achieving the company's growth targets, succeeds Salvatore J. Miraglia, who was named president of Timken's Steel Group in August.
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Sherman International Corp., Pittsburgh, said its rolling mill design engineering group has completed the upgrade of a five-stand tandem cold mill for Bayi Iron & Steel Group in Urumigi, China.
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Steelscape Inc., a Kalama, Wash.,-based unit of Imsa Acero SA de CV, Monterrey, Mexico, plans to upgrade the galvanizing and painting lines it is relocating to its plant in Shreveport, La., from Richmond, Calif.
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The U.S. International Trade Commission (ITC) has voted to conduct a full five-year sunset review of anti-dumping duties on certain welded stainless steel pipe imports from South Korea and Taiwan.
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The Specialty Alloys Operations unit of Carpenter Technology Corp., Wyomissing, Pa., has increased base prices an average of 10 percent for all new orders for premium-melted alloys in all product forms, effective immediately. Raw material and energy surcharges remain in effect.
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A Chinese government research agency has revised its predictions of a huge steel surplus next year following criticism of its original report by a leading industry official.
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International Coal Group Inc., the company headed by former steel financier Wilbur L. Ross Jr., plans to sell 21 million shares of stock at $11 a share in an initial public offering (IPO).
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The Dalian Commodity Exchange (DCE) and the Shanghai Futures Exchange (SHFE) are still waiting for government approval to launch steel futures contracts, almost a year after making initial applications.
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The Ontario Superior Court of Justice on Tuesday granted Stelco Inc.'s request to extend its stay period under the Companies' Creditors Arrangement Act (CCAA) until Dec. 12.
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Metals processor Worthington Industries Inc., Columbus, Ohio, has promoted George P. Stoe to the posts of executive vice president and chief operating officer, and Henry A. Goussetis had been named to succeed Stoe as president of the company's cylinders business.
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Raw steel output in the United States totaled 2,032,000 tons last week, a 2-percent increase from 1,993,000 tons produced the previous week, as mills operated at an average capability utilization rate of 87.9 percent. It was the highest weekly total since mid-May.