Steel News

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.

All Four Metal Recycling Services’ Facilities Receive Safety Award

16 July 2014 - All four of Metal Recycling Services' (MRS) locations won the prestigious North Carolina Department of Labor’s “Certificate of Safety Achievement” for 2013.

SteelBenchmarker: HRB Prices in the Summer Doldrums

16 July 2014 - The bi-monthly SteelBenchmarker™ World export HRB price for 14 July 2014 increased 0.4% to US$558 per metric ton after being flat last time.

U. S. Steel President Testifies Before Commission in OCTG Trade Case

15 July 2014 - Today United States Steel Corporation president and CEO Mario Longhi issued the following statement regarding his testimony before the International Trade Commission (ITC) regarding the trade case on oil country tubular goods (OCTG) against nine countries including South Korea.