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Latest News

Update: Trade Adjustment Assistance Bill With Antidumping/Countervailing Measures Approved by U.S. Senate and House

25 June 2015 - Update: The U.S. House of Representatives approved the Trade Adjustment Assistance bill by a vote of 286-138.

U. S. Steel President And CEO Applauds Congress For The Passage Of Trade Promotion Authority And Trade Adjustment Assistance

25 June 2015 - Today United States Steel Corporation President and CEO Mario Longhi issued the following statement in response to the passage of the Trade Promotion Authority (TPA) and Trade Adjustment Assistance (TAA) bills.

SMA Lauds Congressional Votes on Trade Bills

25 June 2015 - The Steel Manufacturers Association (SMA) today applauded recent Congressional passage of two trade bills.

U.S. Dept. of Commerce Announces Investigation into Antidumping and Countervailing Duties of Corrosion-Resistant Steel

25 June 2015 - On 24 June 2015, the United States Department of Commerce submitted announced that it will initiate antidumping duty and countervailing duty investigations of imports of corrosion-resistant steel products from China, India, Italy, Korea and Taiwain.

Outokumpu Completes Ramp Down of Bochum Meltshop

25 June 2015 - Outokumpu announced that the Bochum melt shop ramp down in Germany has been completed.

Key Appointments Announced for Vallourec's North American Region

25 June 2015 - Vallourec, a world leader in premium tubular solutions primarily serving the energy markets, announces several key appointments in its North America region.

AK Steel Provides Second Quarter 2015 Earnings Guidance

25 June 2015 - AK Steel has provided guidance for its second quarter 2015 financial results.

SMS Group: Customers Remain Reluctant to Invest in New Plants

25 June 2015 - Order intake by the SMS group in the last business year declined to EUR 3.167 billion, (2013: EUR 3.309 billion). Sales, at EUR 3.406 billion, remained at the same level as the previous year (2013: EUR 3.495 billion).

India Raises Duties on Some Steel Products to Counter Chinese Imports

24 June 2015 - As reported by Reuters, India has raised duties on certain steel products by up to 2.5 percentage points, as domestic producers struggle to cope with surging cheap imports from China and Russia, among others.

Rakesh Singh Appointed Chairman of Steel Authority of India Ltd.

24 June 2015 - Rakesh Singh, IAS, Secretary, Government of India, Ministry of Steel has taken additional charge of the post of Chairman, Steel Authority of India Limited (SAIL), effective 11 June 2015. Singh is a 1978 batch officer of Punjab cadre.

World Crude Steel Production for May 2015; U.S. Down 8.5% From Last Year

23 June 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 139 million tonnes (Mt) in May 2015, a -2.1% decrease compared to May 2014.

Taranto's Ilva on the Verge of Total Shutdown

23 June 2015 - According to a report by Kallanish, Ilva's Taranto plant could be on the verge of a total shutdown after the public prosecutor’s office ordered the seizure of the operation’s blast furnace no. 2 (BF2) on Thursday 18 June.

Mexico Places Duties on Cold-Rolled Steel From China

23 June 2015 - Mexico's government said on 19 June 2015 that it would impose import duties on cold-rolled steel sheet from China after an anti-dumping investigation, as reported by Reuters.

Steel Dynamics Provides Second Quarter 2015 Earnings Guidance

23 June 2015 - Steel Dynamics, Inc. provided second quarter 2015 adjusted earnings guidance in the range of $0.20 to $0.24 per diluted share, excluding the following items:

EVRAZ North America Plans 28% Ramp-Up of Large Diameter Pipe Production

22 June 2015 - EVRAZ plc hosted an Investor Day on 17 June 2015 in London, United Kingdom.

Kalenborn Abresist Corp. Celebrates Company and Employee Anniversaries

22 June 2015 - Kalenborn Abresist Corporation recently recognized several employees with 25 years or more of service to the company.

Most of U. S. Steel's Irvin Employees Back to Work at West Mifflin Plant

19 June 2015 - According to a report by the Pittsburgh Business Times, United States Steel Corporation's Irvin plant in West Mifflin is nearly fully staffed.

TMK IPSCO to Temporarily Shut Down Ambridge Mill For a Month in Line With $15 Million Renovation Plan

19 June 2015 - According to a report by the Pittsburgh Post-Gazette, TMK IPSCO said it will shut down its Ambridge, Pa., USA, seamless tube plant for a little more than a month this summer to make $15 million in improvements.

U.S. Weekly Raw Steel Output Declines 7.5% Year-on-Year

19 June 2015 - According to data compiled by the American Iron and Steel Institute (AISI), in the week ending June 13, 2015, domestic raw steel production was 1,747,000 net tons while the capability utilization rate was 73.9%.

Nucor Announces Guidance For Its Second Quarter Earnings

19 June 2015 - Nucor Corporation announced guidance for its second quarter ending July 4, 2015.

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