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Latest News

Preliminary Steel Imports Rebound 33% in March

28 April 2011 - The U.S. imported a total of 2,446,000 net tons of steel in March, up 33% from February final data according to the latest report from AISI. Finished steel imports increased 29% over the same period.

Commerce Investigates Galvanized Steel Wire from China, Mexico

26 April 2011 - The Department of Commerce recently initiated antidumping duty investigations of galvanized steel wire imports from China and Mexico and a countervailing duty investigation of galvanized steel wire from China.

March 2011 World Crude Steel Production Climbs 11% over February Total

21 April 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 129 million tonnes for March 2011, 11.0% higher than the previous month (February 2011) and 7.0% higher in comparison with March 2010.

U.S., Canadian Metals Shipments Hold Steady in March

20 April 2011 - March shipments of steel and aluminum products from U.S. and Canadian metals service centers showed continued steady growth from the previous year, according to MSCI’s latest Metals Activity Report.

worldsteel Presents Short Range Outlook

19 April 2011 - The World Steel Association is forecasting that apparent steel use will increase by 5.9% to 1,359 million tonnes in 2011, and by 6.0% in 2012 to reach a new record of 1,441 million tonnes.

February Steel Shipments Down 7.5% from January

19 April 2011 - U.S. steel mills shipped 6,967,481 net tons for the month of February 2011, a 7.5% decrease from the 7,528,655 net tons shipped in the previous month, according to the latest report from AISI.

Steel Import Permits Up 24% in March

07 April 2011 - Steel import applications reached a total of 2,378,000 net tons for the month of March, a 24% increase from the 1,914,000 permit tons recorded in February according to the latest report from AISI.

Stainless, Specialty Imports Finish 2010 Nearly 70% Above 2009

25 March 2011 - Total stainless imports reached 662,695 tons in YTD December 2010, a 69.6% increase compared to the comparable year-ago period, according to the latest report from SSINA. Total specialty imports reached 842,055 tons through the same period, a 70.4% increase compared to last year.

Preliminary Steel Imports Decline 16% in February

23 March 2011 - The U.S. imported a total of 1,777,000 net tons of steel in February, down 16% from January final data according to the latest report from AISI.

World Crude Steel Production Dips Slightly in February 2011

22 March 2011 - World crude steel production for the 66 countries reporting to World Steel Association stood at an estimated 117 million tonnes for February 2011, 2.4% lower than the previous month (January 2011) and 8.8% higher in comparison with February 2010.

January Steel Shipments up 5.9% from December

18 March 2011 - U.S. steel mills shipped 7,528,655 net tons for the month of January 2011, a 5.9% increase from the 7,111,031 net tons shipped in the previous month according to the latest report from AISI.

U.S., Canadian Metals Shipments Growth Rate Declined in February

17 March 2011 - Inventory-to-sales ratios for steel and aluminum products rose in February at North American metals service centers, although shipments of those products rose at lower growth rates than in January, according to MSCI’s latest Metals Activity Report.

Nucor Announces Guidance for First Quarter Earnings

17 March 2011 - Nucor says it expects to report earnings in the range of $0.30 to $0.35 per diluted share for its first quarter ending April 2, 2011.

Global Stainless Steel Production Reached New Record High in 2010

08 March 2011 - Global stainless steel melting activities increased by 24.9% in 2010 to a new record high of 30.7 million tonnes, according to the latest report from the International Stainless Steel Forum.

AK Tube Plants Recognized for Outstanding Safety Performance

04 March 2011 - AK Tube’s Columbus, Ind., and Walbridge, Ohio, plants have been recognized for outstanding safety performance by the Fabricators and Manufacturers Association, International.

Stainless, Specialty Imports Continue to Climb through YTD November 2010

04 March 2011 - Total stainless imports reached 598,182 tons in YTD November 2010, a 71.7% increase compared to the comparable year-ago period, according to the latest report from SSINA. Total specialty steel imports reached 763,015 tons through the same period, a 72.5% increase compared to the comparable year-ago period.

Steel Import Permits Down 13% in February

03 March 2011 - Steel import applications reached a total of 1,815,000 net tons net tons for the month of February, a 13% decrease from the 2,081,000 permit tons recorded in January according to the latest report from AISI.

Finished Steel Imports Rise by 8% in January

24 February 2011 - The U.S. imported a total of 2,048,000 net tons of steel in January, up 10% from December final data according to the latest report from AISI.

World Crude Steel Production Continues Rise in January 2011

22 February 2011 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 119 million tonnes for January 2011 — 2.8% higher than the previous month (December 2010) and 5.3% higher in comparison with January 2010.

AK Steel Announces Stainless Steel Price Increase

21 February 2011 - AK Steel announced plans to increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on February 27, 2011.

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