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Latest News

AIIS: U.S. Steel Imports Decline 11% in June

29 July 2014 - U.S. steel imports dropped more than 11% in June 2014, the first monthly decline since March 2014, according to government data analyzed by the American Institute for International Steel (AIIS).

Reliance Steel Reports Record Quarterly Sales in Q2

29 July 2014 - While the company was somewhat disappointed with demand growth in the second quarter, Reliance does expect the economy to continue to improve with the potential for continued volume improvement in the second half of 2014.

SunCoke Energy Inc. Reports Second Quarter 2014 Results

28 July 2014 - SunCoke Energy Inc. reported second quarter 2014 net loss attributable to shareholders of US$49.2 million, or US$0.71 per diluted share.

SSAB Reports Positive H1 Results, Provides Outlook for Remainder of Year

25 July 2014 - SSAB said it expects its North American operations to continue to develop positively during the second half of 2014, driven by an improved market and positive effects of previous price increases.

NLMK Awarded Honorary Certificate of the Russian Government

25 July 2014 - The honorary certificate of the Government of the Russian Federation has been awarded to NLMK workers in recognition of the contribution they have made to the development of the country’s steelmaking.

U.S. Will Not Sunset Duties on Steel Threaded Rod

25 July 2014 - The U.S. International Trade Commission determined that revoking the existing antidumping duty order on steel threaded rod from China would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.

Welded Tube of Canada Supports Evraz, Tenaris Complaint Against OCTG Imports

25 July 2014 - Welded Tube of Canada announced that it is pleased with the decision by the Canadian Border Services Agency to initiate an investigation against those countries whose dumped and subsidized exports of oil country tubular goods (OCTG) have caused injury to Canadian producers.

Nucor Reports Improved Mill Performance in Second Quarter

24 July 2014 - As it reported its second quarter earnings results, Nucor said it expects to see a stronger improvement in earnings in the third quarter.

SSAB Seeking Nominations for Swedish Steel Prize for High-Strength Steel Design

24 July 2014 - For the 16th time, the Swedish Steel Prize will be awarded to innovative companies for design and construction in high-strength steels. The aim of the prize is to inspire and increase knowledge about high-strength steels and the possibilities they provide to develop lighter, safer, and more environmentally-friendly products.

Unilux Appoints Sales and Application Managers

24 July 2014 - Unilux has named Tim Dixon and Kevin Sullivan to the key posts of sales and applications manager for its U.S. Midwest and Latin America Regions, respectively.

worldsteel Reports on Steel Safety Day and Industry-Wide Safety Audit

23 July 2014 - The World Steel Association (worldsteel) announced the outcome of the industry-wide Steel Safety Day held on 28 April 2014.

NSK Releases 2013 Sustainability Achievements

23 July 2014 - NSK Americas (NSK) has released its 2013 sustainability achievements, demonstrating the company's ongoing commitment to environmental protection.

EUROFER: EU Recovery Taking Hold; Rising Imports May Absorb Growth in Steel Demand

23 July 2014 - Economic data confirm that the recovery in the EU is taking hold, although growth momentum remains rather modest, EUROFER reports.

SDI Reports Record Shipments, Improved Metal Spreads in Q2

22 July 2014 - Steel Dynamics Inc. said that despite elevated import levels, the strength of underlying demand coupled with its continued market diversification and customer focus allowed it to achieve record quarterly steel shipments in the second quarter of the year.

ATI Reports Results, Continued Ramp-Up of Hot Rolling and Processing Facility

22 July 2014 - As it reported its second quarter earnings results, Allegheny Technologies Inc. said it continued to see improvement in end market demand throughout the quarter.

U.S. Electrical Steel Producers Support Commerce Department Findings in Trade Case

22 July 2014 - The U.S. Department of Commerce issued its final antidumping determinations concerning imports of grain-oriented silicon steel (GOES) from Germany, Japan, and Poland.

Global Steel Production Up 3% in June 2014

22 July 2014 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million metric tons (mmt) in June 2014, an increase of 3.1% compared to June 2013.

Insteel Reports Increasing Capacity Utilization in Quarterly Earnings Report

21 July 2014 - Insteel Industries Inc. announced financial results for its third quarter ended 28 June 2014.

Nippon Steel & Sumitomo Metal’s Ultrahigh-Tensile Steel Receives Nissan Global Supplier Award

17 July 2014 - Nippon Steel and Sumitomo Metal Corp. (NSSMC) received Nissan’s Global Supplier Award for Innovation for the development of high-formability ultrahigh-tensile steel sheet of the 1.2GPa class.

AISI Lauds Passage of Bill to Fund Highway Trust Fund

16 July 2014 - The American Iron and Steel Institute (AISI) commended the U.S. House of Representatives for approving H.R. 5021, by a vote of 367-55, which provides US$10.8 billion to restore solvency to the Highway Trust Fund through May 2015.

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