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Algoma Tubes Inc. has been fined $70,000 by the Ontario Provincial Offences Court for alleged Occupational Health and Safety Act violations that led to the injury of two workers, according to the court.
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The continued weakening of the Japanese currency is expected to reshape the competitive landscape of the Asian steel sector, according to analysts at Credit Suisse Group AG.
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Northwest Pipe Co. has filed a $1.9-million lawsuit against ThyssenKrupp Steel USA LLC over a shipment of steel coil that was allegedly defective, forcing the Vancouver, Wash.-based pipe and tube maker to buy steel plate from a third party instead.
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Increased line pipe and heavy structural product shipments helped lift steel exports in March, data from the Commerce Department’s Import Administration show.
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Activity in the steel wire rod market has failed to meet expectations in May, and both buyers and suppliers say they’ve seen little if any improvement in demand over the past few weeks.
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Essar Steel Algoma Inc. has confirmed that the company’s lenders have approved an amendment to its credit agreement intended to reinforce the flat-rolled steelmaker’s liquidity position.
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The trade deficit between iron and steel mill product imports and exports, valued at $544 million, fell 20 percent in March after growing 11.5 percent in February as imports declined at more than twice the rate of exports, according to the U.S. Bureau of Economic Analysis.
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Regulations on the sourcing of tantalum, tin and tungsten are creating legal headaches in the U.S. manufacturing supply chain, according to panelists at the recent MetalMiner-sponsored Conflict Minerals Edge conference in Chicago.
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Several congressmen and a retired U.S. Army brigadier general are calling on the federal government to reduce its dependence on foreign-sourced raw materials used in defense equipment.
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Japanese steel output is forecast to reach 27.58 million tonnes in the current fiscal quarter, its highest level since the fourth quarter of 2010, amid continued growth in reconstruction and export demand, Japan’s Ministry of Economy, Trade and Industry (Meti) said.
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China’s steel demand will peak at about 1 billion tonnes in 2030, according to an executive at Rio Tinto Plc.
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Nonresidential construction could return to pre-recession levels within the next few years, with U.S. light vehicle output hitting 17 million units annually by 2018, panelists said May 8 at the Association for Iron and Steel Technology’s AISTech 2013 conference.
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Fundamental problems with U.S. trade policy—particularly when it comes to defining "injury"—are resulting in an uneven playing field in the battle against imports, steelmakers said.
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Hyundai Hysco Ltd. has seen a tepid start to 2013 after steadily improving demand each year following the recession, a top executive told AMM on the sidelines of the Offshore Technology Conference (OTC) in Houston.
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Access to affordable natural gas will help ensure that U.S. steelmakers remain competitive in a global environment, with some domestic companies having already capitalized on its benefits, according to a number of industry executives.
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Marmon/Keystone LLC has opened a service center near Nashville, Tenn., to distribute aluminum and stainless pipe and tube, cold-drawn seamless, cold-rolled electric-weld, drawn-over-mandrel (DOM) and hot-rolled seamless steel tubing.
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China’s finished steel exports totaled 5.55 million tonnes in April, up 5.1 percent from 5.28 million tonnes in March, according to preliminary Chinese customs data.
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Northwest Pipe Co. has turned the page on one of its most difficult chapters with the end of both a U.S. Securities and Exchange Commission (SEC) probe and related shareholder lawsuits arising out of accounting troubles that began more than three years ago.
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Pacific Coal Resources Ltd. plans to restart metallurgical coal production at its Jam coke asset in May or June of this year, executive chairman Hernan Martinez has told AMM sister publication Steel First.
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Gerdau SA is planning a June start-up for its 770,000-tonne-per-year hot-strip mill in Brazil after repeated delays, chief executive officer André Gerdau Johannpeter said.
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Steel buyers faced softened demand, excess supply, short lead times and weak pricing in April, an industry survey shows.
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Timken Co. shareholders have voted in support of a nonbinding proposal to spin off the company’s steel business.
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A bipartisan coalition of legislators has re-formed the Senate Steel Caucus in order to strengthen the U.S. steel industry, several senators announced May 6.
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The U.S. government must insist on China’s full compliance with World Trade Organization (WTO) rules to help level the playing field for domestic stainless steel manufacturers, Allegheny Technologies Inc.’s (ATI’s) chairman, president and chief executive officer Richard Harshman said.