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Commercial Metals Co. (CMC) has issued quarterly earnings estimates as it ceased output in the melt shop and rolling mill of its pipe manking plant in Sisak, Croatia.
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Atkore International Holdings Inc. logged losses in its first year as a stand-alone company even as sales volumes increased, with the company citing a weak nonresidential construction sector.
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General Motors Co. says it will invest $68 million to prepare the Oshawa Assembly Plant in Ontario for building the next-generation Chevrolet Impala, securing about 350 jobs.
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The American Iron and Steel Institute is backing legislation that would force the U.S. Mint to make more coins out of steel rather than copper and nickel.
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Evraz Inc. North America has been cleared to increase steel production by more than 33 percent at its Pueblo, Colo., operations, according to a state environmental official.
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Schnitzer Steel Industries Inc. expects its fiscal first-quarter financial results to be lower than previously projected due to weaker-than-anticipated global market conditions for recycled metals, the company said Monday, citing heightened worldwide recessionary concerns related to the European debt crisis.
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The Specialty Steel Industry of North America (SSINA) has elected new members to its board effective Jan. 1.
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OTC iron ore prices edged up in thin trading on December 19, brokers told Metal Bulletin.
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The number of drill rigs running in the United States jumped by 32 last week, led by Texas (up 16), while Canadian drilling activity climbed by 27 rigs compared with the previous week.
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CIS wire rod producers have increased export prices by $15 per tonne for January production and shipment.
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Swiss iron ore pellet producer Ferrexpo has launched a UK high court action against Gilson Investments, the producer said on December 19.
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CIS rebar exporters have passed on higher ferrous scrap costs to West African and Latin American consumers for January production and shipment.
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Cold rolled coil (CRC) prices in Europe have fallen by about €30-50 ($39-65) per tonne over the past month on low demand, market participants told Metal Bulletin.
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CIS mini-mills have pushed billet export prices up by $20 per tonne in a fortnight for January production on higher ferrous scrap costs.
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The US Steel Corp will continue to work in Canada after the country’s federal government dropped its lawsuit against the Pittsburgh-based company on Monday.
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Posco Engineering & Construction (Posco E&C) will be build the 3 million tpy slab plant in northeastern Brazil for project partners Vale, Posco, and Dongkuk.
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Spot prices of hot rolled coil (HRC) rose throughout China on Monday, supported by falling stocks and a price hike by Wuhan Steel.
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Singapore’s NatSteel plans to raise rebar prices by up to S$20 ($15) per tonne this week on rising raw materials costs.
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China's steel output fell again in early December, as mills faced a financial squeeze and a cloudy outlook for prices.
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Gerdau Special Steel North America has launched a second expansion and modernization for special bar quality (SBQ) products at its Monroe, Mich., mill while it ponders building a new SBQ plant in North America.
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John Correnti won’t be coming to Stanly County, N.C., after a plan fell through late Thursday to bring start-up Clean Tech Silicon & Bar LLC to a brownfield site owned by Alcoa Inc. in Badin.
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The Commerce Department has made a preliminary determination that 4.75-millimeter wire rod imported from Mexico is a "minor alteration" and it should be subject to the same anti-dumping duties as 5-mm material, market sources have told AMM.
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Lakeside Steel Corp.’s share trading on the TSX Venture Exchange was halted Friday by the Investment Industry Regulatory Organization of Canada (IIROC).
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AK Steel Corp. expects operating losses of $40 to $45 per ton of steel produced in the fourth quarter despite a pickup in shipping volumes, the steelmaker said in its fourth-quarter earnings guidance.