Steel News

Bradbury Announces People on the Move

20 November 2014 - The Bradbury Co. Inc. announced several promotions.

U. S. Steel Tubular Products Honors Range Resources CEO with Chief Roughneck Award

20 November 2014 - U. S. Steel Tubular Products Inc., a subsidiary of United States Steel Corporation, announced that Jeffrey L. Ventura, president and chief executive officer of Range Resources, is the recipient of the Chief Roughneck Award for 2014.

AK Steel Wins Trade Cases on Non-Oriented Electrical Steel

20 November 2014 - AK Steel reported that the U.S. International Trade Commission (ITC) reached an affirmative (4-1) final determination that the domestic industry producing non-oriented electrical steel (NOES) is materially injured by reason of dumped and subsidized imports from six countries.

U.S. Steel Industry Disappointed in Senate Keystone Vote

20 November 2014 - The American Iron and Steel Institute (AISI) expressed disappointment that the U.S. Senate narrowly failed to advance legislation to move forward with the Keystone XL pipeline.

U.S. Steel Industry Applauds Keystone Bill Passage

20 November 2014 - On 14 November 2014, the U.S. House of Representatives passed legislation, H.R. 5682, by a vote of 252-161-1, to clear the way for construction of the Keystone XL pipeline which has been delayed for nearly five years due to bureaucratic hurdles.

SMA Responds to Senate Vote on Keystone XL Pipeline

19 November 2014 - A measure to approve construction of the Keystone XL pipeline failed passage in the United States Senate by a 59-41 vote, falling just one vote short of the supermajority necessary for passage. The Steel Manufacturers Association (SMA) commented on the development.

Carpenter Technology Announces Return of Gregory Pratt as CEO

19 November 2014 - Carpenter Technology Corporation’s Board of Directors announced that Gregory A. Pratt will return as CEO of the company, effective immediately.

Platts China Steel Sentiment Index Falls to Record Low

19 November 2014 - Chinese steel market participants expect steel demand to weaken further this year, with the outlook for new export orders dropping dramatically, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of 25.61 out of a possible 100 points in November 2014.

USW Members Ratify New Labor Agreement at AK Steel Tubemaking Unit

19 November 2014 - The members of United Steelworkers of America (USW) Local 1915 have ratified a new three-year labor agreement with AK Steel’s wholly-owned subsidiary, AK Tube LLC, covering about 100 hourly production and maintenance employees at its Walbridge, Ohio, facility.

U. S. Steel Names Leadership for Service Center, Industrial and Mining Solutions

18 November 2014 - United States Steel Corporation announced the executive leadership for three of the company's newly created commercial entities.

SteelBenchmarker: HRB Price Bifurcation Intensifies

18 November 2014 - In its 207th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 10 November 2014:

SSAB Announces 2014 Swedish Steel Prize Finalists

18 November 2014 - New, innovative solutions, high quality and increased competitiveness characterize this year’s four finalists for the Swedish Steel Prize, the winner of which will be announced at a ceremony in Stockholm, Sweden on 20 November 2014.

Lower Demand for Steel Reduces Gerdau's Performance in Q3

17 November 2014 - Gerdau closed the third quarter of 2014 with a shipment volume of 4.6 million metric tons of steel, which is 4.5% lower compared to the same period last year.

EVRAZ North America Supports Approval of the Keystone XL Pipeline

17 November 2014 - EVRAZ North America announced it fully supports approval of the Keystone XL pipeline and is pleased the U.S. House of Representatives passed legislation (by a vote of 252-161) to approve the permit application that would allow the pipeline project to move forward.

Konecranes Safety Training Addresses Revised ASME Requirements for Overhead Cranes

14 November 2014 - Overhead crane manufacturer Konecranes upholds its position as a global leader by promoting occupational health and safety excellence, both in the advanced design of its equipment and by providing the crane safety training its customers need.

ITC Rules Non-Oriented Electrical Steel from Six Countries Injures U.S. Industry

14 November 2014 - The United States International Trade Commission (USITC) determined that the U.S. industry is materially injured by reason of imports of non-oriented electrical steel (NOES) from China, Germany, Japan, Korea, Sweden, and Taiwan that the U.S. Department of Commerce has determined are sold in the United States at less than fair value and are subsidized by the governments of China and Taiwan.