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Latest News

Total Steel Import Permit Tons up 21% in January

03 February 2012 - Total steel import permit applications reached 2,691,000 net tons for the month of January 2012, a 21% increase from the 2,230,000 permit tons recorded in December according to the most recent report from AISI.

November Steel Shipments Down 6.7% from October

01 February 2012 - U.S. steel mills shipped 7,404,828 net tons for the month of November 2011, a 6.7% decrease from the 7,933,653 net tons shipped in the previous month according to the latest report from AISI.

American Steel Industry Supports WTO Decision on Chinese Export Policies

31 January 2012 - The American Iron and Steel Institute, the Steel Manufacturers Association, the Specialty Steel Industry of North America, the Committee on Pipe and Tube Imports, and the United Steelworkers support the favorable decision by the Appellate Body of the World Trade Organization, which held that China’s restraints on exports of various raw materials violated its WTO obligations.

Carpenter Technology Reports Second Quarter Results

30 January 2012 - Carpenter Technology reported net income attributable to Carpenter of $23.6 million ($0.52 per share) for the quarter ended December 31, 2011.

AK Steel Announces Stainless Steel Price Increase

25 January 2012 - AK Steel announced plans to increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on March 4, 2012.

Preliminary Finished Steel Imports Up 15% in 2011 vs. 2010

25 January 2012 - The U.S. imported a total of 1,997,000 net tons of steel in December, down 6% vs. the November final data, according to the latest report from AISI. Finished steel imports were down 9% through the same period.

2011 World Crude Steel Production Finishes 6.8% Ahead of 2010

24 January 2012 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 1526.9 million tonnes for the year 2011, 6.8% vs. 2010 and a record for global crude steel production.

Metal Shipments Show Double Digit Year-Over-Year Growth

19 January 2012 - Service center shipments grew at slightly higher levels in December for both steel and aluminum in Canada, according to the latest Metals Activity Report from the Metals Service Center Institute. In the U.S., steel shipments grew at about half the rate as last month and aluminum-shipment growth remained about the same.

World Stainless Production Rises in Q3 on Asian Performance

19 January 2012 - World crude stainless steel production increased by 3.6% in the first nine months of 2011 compared to the comparable year-ago period, according to the latest report from the International Stainless Steel Forum.

Stainless Imports up 24.9% Through YTD October 2011

16 January 2012 - Total stainless imports reached 664,583 tons through YTD October 2011 a 24.9% increase compared to YTD October 2010 according to the latest report from SSINA. Total specialty steel imports (comprising stainless steel, alloy tool steel and electrical steel) reached 850,948 tons through the same period, a 25.5% increase.

USITC to Uphold Existing AD Order on Light-Walled Rectangular Pipe and Tube from Taiwan

09 January 2012 - Existing antidumping duty order on light-walled rectangular pipe and tube from Taiwan will be upheld as a result of the USITC’s determination that revoking the orders would be likely to lead to material injury within a reasonably foreseeable time.

Finished Steel Import Permit Tons up 16% in 2011 vs. 2010

06 January 2012 - Steel import permit applications totaled 2,208,000 net tons for the month of December 2011, a 9% increase from the 2,027,000 permit tons recorded in November 2011 according to the latest report from AISI.

Preliminary Steel Imports Down 10% in November

29 December 2011 - The U.S. imported a total of 2,107,000 net tons of steel in November, down 10% vs. the October final data according to the latest report from AISI. Finished steel imports were down 13% through the same period.

AISI Urges Response to Court Decision Limiting Application of CV Duties

23 December 2011 - American Iron and Steel Institute President and CEO Thomas J. Gibson issued a statement regarding a U.S. Court of Appeals for the Federal Circuit ruling this week to strike down the U.S. Commerce Department’s application of countervailing duties against subsidized products, including steel, from China.

October Steel Shipments Down 0.2% from September

21 December 2011 - U.S. steel mills shipped 7,933,653 net tons for the month of October 2011, a 0.2% decrease from the 7,947,262 net tons shipped in the previous month according to the latest report from AISI.

November World Crude Steel Production Slips from Previous Month

21 December 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 115.51 million tonnes for November 2011, 6.8% lower than the 123.98 million tonnes reported for the previous month (October 2011) and 1.1% higher in comparison with November 2010.

Metal Shipment Growth Slows in November

21 December 2011 - Service center shipments grew at slightly slower rates in November for both steel and aluminum in the U.S. and Canada, according to the latest Metals Activity Report from the Metals Service Center Institute. Steel inventory levels declined in the U.S. and Canada from last month.

USITC Reaches Decision on Stainless Wire Rod from India

19 December 2011 - The U.S. International Trade Commission determined that revoking the existing antidumping duty order on stainless steel wire rod from India would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. Therefore, the existing order on imports of this product from India will remain in place.

Stainless Imports up 31% Through YTD September 2011

15 December 2011 - Total stainless imports reached 606,917 tons through YTD September 2011, a 30.9% increase compared to YTD September 2010 according to the latest report from SSINA. Total specialty steel imports (comprising stainless steel, alloy tool steel and electrical steel) reached 773,137 tons through the same period, a 30.3% increase.

Allegheny Technologies Elects New Director

12 December 2011 - Allegheny Technologies announced the election of John R. Pipski to the company’s Board of Directors, where he will serve on ATI’s Audit Committee and the Technology Committee.

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