Steel RSS

  • Hollow structural section prices fall again Mar 25, 2014

    Hollow structural section (HSS) prices east of the Rockies continued to fall in March due to a drop in coil tags that was recently stemmed and steady, rather than robust, demand due to severe winter weather in some regions.

  • Mills, buyers clash over beam price discounts Mar 25, 2014

    Structural steel producers and several of their customers are caught in a tug of war over prices as mills continue to push for the elimination of discounts.

  • Warren output halted amid weak demand Mar 25, 2014

    Warren Steel Holdings LLC has ceased production due to possible cash flow issues and weak customer demand, but hopes to resume operations as soon as possible.

  • ITC keeps anti-dumping duties on innerspring units Mar 25, 2014

    In a five-year sunset review, the U.S. International Trade Commission (ITC) voted to maintain duties on imports of uncovered innerspring units from China, South Africa and Vietnam.

  • Commerce ends anti-dumping duties on ball bearings Mar 25, 2014

    In the final results of an anti-dumping duty sunset review of imports of ball bearings from Japan and the United Kingdom, the U.S. Commerce Department’s International Trade Administration (ITA) has revoked the duty orders as no domestic interested parties filed a notice of intent to participate.

  • Turkey’s elections expected to bring clarity to steel market Mar 25, 2014

    Turkish steel market activity has slowed ahead of the country’s mayoral elections, with market participants holding wait-and-see positions in a sector that lacks direction.

  • Jordan Cove Energy Project OK’d to export LNG Mar 25, 2014

    Jordan Cove Energy Project LP has received conditional approval to export liquefied natural gas to countries that don’t have a free-trade agreement with the United States.

  • Marmon/Keystone taps southeastern manager Mar 25, 2014

    Pipe and tubing distributor Marmon/Keystone LLC has named Deryle Blakley its white metals product manager for the southeastern region, the company said March 25.

  • Steel output climbs to nearly 8-month high Mar 25, 2014

    U.S. raw steel output totaled an estimated 1,885,000 net tons last week.

  • Trustee objects to Pacific Steel attorney Mar 25, 2014

    The bankruptcy trustee for Pacific Steel Casting Co. has objected to the appointment of an attorney seeking to represent the company until certain issues are resolved.

  • EPA disputes air permit for Nucor’s La. facility Mar 24, 2014

    The U.S. EPA has pushed back against operating permits issued by Louisiana’s state environmental body for Nucor Corp.’s pig iron and direct-reduced iron (DRI) facility, alleging that certain clauses fail to comply with the Clean Air Act.

  • Turkey set to remain top US rebar supplier Mar 24, 2014

    The U.S. market is poised to receive large volumes of imported concrete reinforcing bar in March, government data show.

  • Bull Moose’s Meyer replaced; reason unclear Mar 24, 2014

    Jack Meyer has been replaced as chief executive officer of structural and mechanical tubing maker Bull Moose Tube Co. by Michael Blatz.

  • Former Severstal exec indicted on tax charges Mar 24, 2014

    A former executive of Russia’s OAO Severstal has been accused of hiding millions of dollars from U.S. tax authorities in Swiss bank accounts.

  • Tsingshan plans to build NPI plant in China Mar 24, 2014

    Tsingshan Holding Group Co. Ltd. is building an integrated nickel pig iron plant in China that will be the world’s first to use nickel sulfide concentrate directly to make stainless.

  • Electralloy hiking alloy prices April 1 Mar 24, 2014

    Specialty and stainless steel melter Electralloy is increasing its specialty stainless, premium melted stainless, nickel alloy bar and billet product prices about 3 to 5 percent effective with all new orders placed April 1.

  • ITA issues preliminary decision on India stainless bar imports Mar 24, 2014

    The U.S. Commerce Department’s International Trade Administration (ITA) has issued a preliminary determination in an anti-dumping duty administrative review of imports of stainless steel bar from India from Feb. 1, 2012, to Jan. 31, 2013, that Ambica Steels Ltd. didn’t sell the product at below normal value during the review period.

  • ITA issues results vs. S. Korean cut-to-length plate Mar 24, 2014

    In the preliminary results of a countervailing duty administrative review of imports of certain cut-to-length carbon-quality steel plate from South Korea from Jan. 1 to Dec. 31, 2012, the U.S. Commerce Department’s International Trade Administration (ITA) issued a de minimis net subsidy rate for Dongkuk Steel Mill Co. Ltd.

  • Deluliis, Harvey to step up Consol Energy roles Mar 24, 2014

    Consol Energy Inc. has tapped Nicholas J. Deluliis to succeed J. Brett Harvey as chief executive officer.

  • Drilling declines in US, Canada Mar 24, 2014

    The number of drill rigs running in the United States fell by six last week.

  • Big River Steel wins air permit case vs. Nucor Mar 21, 2014

    A judge in Arkansas ruled in favor of steel industry veteran John D. Correnti’s proposed Big River Steel LLC project concerning an air permit appeal filed by competitor Nucor Corp., a move that will push the $1.1-billion mill a step closer to construction.

  • Steel Excellence Awards deadline approaches Mar 21, 2014

    Time is running out for you to celebrate and garner recognition for reeling in real-world results from your organization’s commitment to excellence by participating in AMM’s fifth annual Awards for Steel Excellence. The deadline for submitting your nomination has been extended to March 31.

  • Management changes at AM/NS Calvert Mar 21, 2014

    AM/NS Calvert, a joint venture between ArcelorMittal SA and Japan’s Nippon Steel & Sumitomo Metal Corp., has issued details concerning new management changes, ArcelorMittal said March 21.

  • Sheet price direction stirs concern in market Mar 21, 2014

    Market participants remained mixed on the direction of steel sheet prices following the first increase of the year, with some reporting steady demand and others concerned by the volume of imported material hitting U.S. shores.

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