Steel

  • CMC sees major opportunities in ‘micro mill’ Dec 26, 2006

    Commercial Metals Co. (CMC) executives are looking to generate new business and supply some of its fabrication operations from a new mill the company is planning to open a little more than two years from now.

  • US to alter how dumping margins are calculated [UPDATE] Dec 26, 2006

    In a victory for importers, the U.S. Commerce Department said Tuesday it will alter the way it determines anti-dumping margins and will soon begin averaging dumped and non-dumped goods together when calculating a final margin.

  • Del Metals opening new Montreal plant Dec 26, 2006

    Service center Del Metals, Brampton, Ontario, said it plans to open a 30,000-square-foot steel distribution facility in the Montreal suburb of Lachine, Quebec, by the end of January.

  • Brazil’s steel outlook more positive for 2007 Dec 26, 2006

    The outlook for Brazil’s steel sector in 2007 is more positive than in 2006, despite continuing concerns over relatively low gross domestic product (GDP) growth and China’s continuation as a major steel exporter, according to Instituto Brasileiro de Siderurgia (IBS) vice president Marco Polo de Mello Lopes.

  • US stainless steel producers lose appeal over duties Dec 26, 2006

    The Court of International Trade (CIT) said Tuesday that it has affirmed an earlier court’s decision to terminate duties on stainless steel sheet and strip from France and the United Kingdom.

  • Stelco’s Lake Erie workers reject offer to unionize Dec 26, 2006

    Salaried employees of the Lake Erie Steel operations of Stelco Inc., Hamilton, Ontario, reportedly have voted down an offer to join the United Steelworkers union.

  • AK puzzled by IAM’s comments on latest counterproposal Dec 26, 2006

    AK Steel Corp., Middletown, Ohio, said it got a puzzle for Christmas and accused the International Association of Machinists and Aerospace Workers (IAM) of playing games in their labor talks.

  • Imports pinch W. Coast flat roll; prices fall $40/T Dec 22, 2006

    The flat-rolled carbon steel market has slid perceptively on the West Coast during the past three weeks, with a growing number of mills globally looking to fill their rolling schedules at a time when end-market consumption has fallen, and quoted prices are down in some cases as much as $40 a ton.

  • Ameristeel mill workers ratify new labor pact Dec 22, 2006

    The last of seven labor contracts to expire at Gerdau Ameristeel Corp. mills has been resolved first.

  • China plays down Baosteel’s iron ore price settlement with CVRD Dec 22, 2006

    The contract iron ore price settlement agreed between China’s Shanghai Baosteel Group Corp. and Cia. Vale do Rio Doce (CVRD), Rio de Janeiro, was met with a muted response in China, with the official press talking up the fact that Chinese mills settled the price for the first time.

  • N. America iron ore pellet price yet to be set Dec 22, 2006

    Cia. Vale do Rio Doce (CVRD), Rio de Janeiro, the world’s largest iron ore miner, and Shanghai Baosteel Group Corp., China’s leading steelmaker, have reached agreement on a 9.5-percent price increase for iron ore fines to be delivered during the 12 months beginning April 2007.

  • AK-IAM labor talks hit snag; no new meetings scheduled Dec 22, 2006

    The holiday season is typically a time for people to come together, but it appears negotiators for AK Steel Corp. and locked-out workers at its Middletown, Ohio, plant are drifting further apart.

  • Ameristeel’s N.J. workers ratify new labor agreement [UPDATE] Dec 22, 2006

    It’s last in, first out of negotiations for workers at Gerdau Ameristeel Corp.’s wire rod mill in Perth Amboy, N.J.

  • AK-IAM talks hit snag; no new meetings scheduled Dec 22, 2006

    The holiday season is typically a time for people to come together, but it appears negotiators for AK Steel Corp. and locked out workers at its Middletown, Ohio, plant are drifting further apart.

  • Gerdau signs technology contract with Daido for special auto steels Dec 22, 2006

    Brazil’s Grupo Gerdau SA has signed an open-ended technological cooperation contract with leading Japanese producer Daido Steel Co. Ltd. for special steels production.

  • Steel prices in China rise slightly amid rail transportation squeeze Dec 22, 2006

    China’s domestic steel prices rose slightly last week as a transportation squeeze continued to prevent domestic rail shipments from reaching their destinations.

  • Ameristeel’s N.J. workers ratify new labor agreement Dec 22, 2006

    Gerdau Ameristeel Corp. and the United Steelworkers union at the company’s Perth Amboy, N.J., plant have come to terms on a new labor agreement.

  • Stainless market facing 10¢/lb. surcharge hike Dec 21, 2006

    Stainless flat-rolled steel product buyers could be facing a 10-cent-a-pound surcharge increase come February.

  • Lone Star, Welspun in line pipe venture Dec 21, 2006

    Lone Star Technologies Inc., Dallas, is entering the U.S. large-diameter line pipe business via a joint venture with India’s Welspun Group.

  • Lone Star, Welspun in line pipe venture Dec 21, 2006

    Lone Star Technologies Inc., Dallas, is entering the U.S. large-diameter line pipe business via a joint venture with India’s Welspun Group.

  • Tug-of-war on steel tariffs sparks players into action Dec 21, 2006

    German steelmakers are gearing up to challenge the U.S. International Trade Commission’s decision to maintain a 10-percent tariff on imports of corrosion-resistant steel from Germany.

  • Brazil steel sector seeks return of tariffs Dec 21, 2006

    Brazil’s steel sector will start lobbying the government for a reinstatement of import duties on 15 types of steel products whose tariffs were cut to zero in 2005, according to Instituto Brasileiro de Siderúrgia (IBS) officials.

  • Imported rebar hints at pickup with $20/T gain Dec 21, 2006

    U.S. steel service centers and distributors continue to work through high inventories as 2006 comes to a close, but signs are increasing that some imported steel product prices are on the way back up.

  • New executive team in place at Wheeling-Pitt Dec 21, 2006

    The installation of new leadership at Wheeling-Pittsburgh Corp., Wheeling, W.Va., has resulted in one longtime executive staying with the company in a new role and another seeing his position terminated.

Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results