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Latest News

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.

U.S., Canadian Metals Shipments Surged in January

18 February 2011 - Shipments of steel and aluminum from metals service centers in the United States and Canada surged in January, according to MSCI’s latest Metals Activity Report.

December Steel Shipments up 8.6% from November

17 February 2011 - U.S. steel mills shipped 7,111,031 net tons for the month of December 2010, an 8.6% increase from the 6,549,025 net tons shipped in the previous month and a 17.8% increase from the 6,034,538 net tons shipped in December 2009, according to the latest report from AISI.

Chinese Boron-Added Plate Held Subject to Antidumping Order

17 February 2011 - The Department of Commerce has issued an affirmative preliminary circumvention ruling determining that Chinese imports of cut-to-length carbon steel plate that include insignificant amounts of boron are subject to the antidumping duty order on CTL plate.

November Steel Shipments Down 1.2% from October

08 February 2011 - U.S. steel mills shipped 6,549,025 net tons for the month of November 2010, a 1.2% decrease from the 6,629,195 net tons shipped in October 2010, and a 20.7% increase from the 5,424,077 net tons shipped in November 2009, according to the latest report from AISI.

Commerce to Issue AD, CVD Orders on Drill Pipe, Drill Collars from China

08 February 2011 - The U.S. ITC has determined that a U.S. industry is threatened with material injury due to imports of drill pipe and drill collars from China that the U.S. Department of Commerce has determined are subsidized and sold in the United States at less than fair value.

USITC to Conduct Full Sunset Reviews on CTL Steel Plate from Five Countries

07 February 2011 - The U.S. ITC has voted to conduct full five- year "sunset" reviews on countervailing duty orders on cut-to-length carbon steel plate from India, Indonesia, Italy, and Korea, and antidumping duty orders on cut-to-length carbon steel plate from India, Indonesia, Italy, Japan, and Korea.

Total, Finished Steel Import Permits Up 8.6%, 11% in January

03 February 2011 - Steel import permit applications reached a total of 2,011,000 net tons for the month of January, an 8.6% increase from the 1,852,000 permit tons recorded in December according to the latest report from AISI.

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