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Metal Service Center Shipment Levels Strengthen in May
20 June 2011 - U.S. and Canadian metals service center shipments of steel and aluminum products returned to more robust growth rates during May, according to the latest Metals Activity Report from MSCI.
Stainless Imports up More than 50% Through YTD March 2011
17 June 2011 - Total stainless imports reached 198,619 ton through YTD March 2011, a 50.6% increase compared to YTD March 2010 according to the latest report from SSINA. Total specialty imports reached in 255,551 tons over the same period, a 53.9% increase compared to YTD March 2010.
April Steel Shipments down 9.3% from March
17 June 2011 - U.S. steel mills shipped 7,258,534 net tons for the month of April 2011, a 9.3% decrease from the 8,006,016 net tons shipped in the previous month according to the latest report from the AISI.
Nucor Provides Guidance for Second Quarter Earnings
16 June 2011 - Nucor announced guidance for its second quarter ending July 2, including the expectation of results in the range of $0.75 to $0.80 per diluted share.
Steel Import Permits Down 6% in May
02 June 2011 - Steel import permit applications reached 2,579,000 net tons for the month of May, a 6% decrease from the 2,746,000 permit tons recorded in April according to the latest report from AISI.
Preliminary Steel Imports Increase 3% in April
27 May 2011 - The U.S. imported a total of 2,535,000 net tons of steel in April, up 3% from March final data according to the latest report from AISI.
World Crude Steel Production Dips Slightly in April 2011
23 May 2011 - World crude steel production for the 64 countries reporting to the World Steel Association stood at an estimated 127 million tonnes for April 2011, 1.9% lower than the previous month (March 2011) and 5.0% higher in comparison with April 2010.
USITC Makes Determinations on Hot-Rolled Steel from Brazil, Japan and Russia
20 May 2011 - With regard to Russia, the U.S. International Trade Commission has determined that terminating the existing suspended antidumping duty investigation on imports of hot-rolled steel would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time.
U.S., Canadian Steel Shipment Growth Rate Slows in April
19 May 2011 - The rate of growth of steel shipments from metals service centers in the United States and Canada slowed during April, according to the latest Metals Activity Report from MSCI. Steel shipments from U.S. and Canadian service centers rose 11.3% and 4.5% during the month, respectively.
Stainless Imports through February More than 50% Higher than YTD 2010
18 May 2011 - Total stainless imports reached 126,885 tons in YTD February 2011, a 51.4% increase compared to YTD February 2010 according to the latest report from SSINA. Total specialty imports (comprising stainless steel, alloy tool steel and electrical steel) over the same period were 166,205 tons, a 56.1% increase.
March Steel Shipments up 14.9% from February
18 May 2011 - U.S. steel mills shipped 8,006,015 net tons for the month of March 2011, a 14.9% increase from the 6,967,481 net tons shipped in the previous month, according to the latest report from AISI.
USITC to Continue Cases on Galvanized Steel Wire from China, Mexico
17 May 2011 - The United States International Trade Commission has determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of galvanized steel wire from China that are allegedly subsidized, and from China and Mexico that are allegedly sold in the U.S. at less than fair value.
Steel Import Permits up 7% in April
05 May 2011 - Steel import permit applications reached 2,626,000 net tons for the month of April, a 7% increase from the 2,455,000 permit tons recorded in March according to the latest report from AISI.
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.
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