Industry
Latest News
April Steel Shipments Down 7.7% from March
17 June 2010 - U.S. steel mills shipped 7,057,660 net tons for the month of April 2010, a 7.7% decrease from the previous month and a 74.6% increase from the 4,042,457 net tons shipped in April 2009, according to the latest report from AISI.
USITC Determines PC Strand from China Injures U.S. Industry
11 June 2010 - The United States International Trade Commission has determined that a U.S. industry is materially injured by imports of prestressed concrete steel wire strand from China that the U.S. Department of Commerce has determined are subsidized and sold at less than fair value.
AISI, Other Associations Call for Currency Reform for China
10 June 2010 - The American Iron and Steel Institute and five other North American steel industry trade associations have sent a letter to the U.S., Canadian and Mexican Trade and Finance Ministers urging “strong and coordinated” efforts to achieve “a large and sustained appreciation” of China’s currency.
Commerce Preliminarily Finds Subsidization of Drill Pipe from China
09 June 2010 - The Department of Commerce has announced its affirmative preliminary determination in the CVD investigation on imports of drill pipe from P.R. China, noting that Chinese exporters including mandatory respondent DP Master Group have received countervailable subsidies of 15.72%.
Steel Import Permits Increase 4% in May
03 June 2010 - Steel import permit applications totaled 2,148,000 net tons for the month of May, a 4% increase from the 2,060,000 permit tons recorded in April, according to the latest report from AISI.
SSINA Releases Market Data for February 2010
27 May 2010 - Total stainless steel imports reached 83,832 tons for YTD February 2010, a 32.2% increase compared to YTD February 2009 according to the latest report from SSINA. Total specialty imports (comprising stainless steel, alloy tool steel and electrical steel) were up 14.2% through the same period.
Preliminary April Steel Imports Pass January 2009 Benchmark
26 May 2010 - The U.S. imported a total of 2,072,000 net tons of steel in April, up 1% vs. March final data and the highest monthly total since January 2009 according to the latest report from AISI.
April World Crude Steel Output Nearly 36% above Last Year
21 May 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 121.65 million tonnes in April 2010 — a 0.4% decrease from the previous month (March 2010) and a 35.7% increase vs. April 2009.
Industry Task Force Applauds UL Action on Electrical Metallic Tubing from China
20 May 2010 - Members of the Committee on Pipe and Tube Imports and its Customs Task Force are applauding recent efforts by Underwriters Laboratories to notify the public about unsafe Chinese electrical metallic tubing.
Service Center Metal Shipments Maintain Momentum through April
19 May 2010 - April shipments of steel and aluminum from U.S. and Canadian metals service centers continued to build on this year’s growing upward momentum, according to the latest Metals Activity Report from MSCI.
March Steel Shipments up 21.2% from February
18 May 2010 - U.S. steel mills shipped 7,646,938 net tons for the month of March 2010, a 21.2% increase from the 6,311,076 net tons shipped in the previous month according to the latest report from AISI.
Commerce Finds Dumping, Subsidization of PC Strand from China
18 May 2010 - In the antidumping duty investigations on imports of prestressed concrete steel wire strand from China, the Department of Commerce has determined that Chinese producers/exporters have sold the product in the U.S. at 42.97 to 193.55%. In the countervailing duty case, Commerce determined that Chinese producers/exporters have received net countervailable subsidies ranging from 8.85 to 45.85%.
ITC to Uphold Duties on Stainless Wire Rod from Five Countries
17 May 2010 - The U.S. International Trade Commission has determined that revoking the existing antidumping duty orders on stainless steel wire rod from Italy, Japan, Korea, Spain, and Taiwan would likely lead to continuation or recurrence of material injury within a reasonably foreseeable time. Therefore, the existing orders will remain in place.
SSINA Urges Responsible Enforcement of Cuban Embargo
14 May 2010 - The Specialty Steel Industry of North America issues statement to the House Ways and Means Committee encouraging stricter enforcement of the U.S. regulations on trade with Cuba, particularly with respect to China.
Steel Import Permits Drop 3% in April
07 May 2010 - Steel import permit applications totaled 1,968,000 net tons for the month of April, a 3% decrease from the 2,027,000 permit tons recorded in March according to the latest report from AISI.
ITC Determines OCTG from China Injures U.S. Industry
04 May 2010 - The U.S. International Trade Commission has determined that U.S. industry is materially injured or threatened with material injury by imports of oil country tubular goods from China that Commerce has determined are sold at less than fair value. Commerce will therefore issue an antidumping duty order.
Commerce Initiates Circumvention Investigation on CTL Plate from China
30 April 2010 - The U.S. Department of Commerce is initiating an antidumping circumvention inquiry to determine whether imports of cut-to-length carbon steel plate from P.R. China are circumventing the duty order by containing small amounts of boron.
Preliminary Steel Imports Increase 25% in March
28 April 2010 - The U.S. imported a total of 1,971,000 net tons of steel in March, up 25% vs. February final data and the highest monthly total since January 2009 according to the latest report from AISI.
Commerce Preliminarily Finds Dumping of Seamless Pipe from China
23 April 2010 - The Department of Commerce announced on April 22 its affirmative preliminary determination in the antidumping duty investigation on imports of certain seamless carbon and alloy steel standard, line, and pressure pipe from P.R. China.
AK Tube Plants Recognized for Outstanding Safety Performance
23 April 2010 - The Columbus, Ind., and Walbridge, Ohio, plants of AK Tube have received the Safety Award of Merit from the Fabricators and Manufacturers Association, International. The award annually recognizes companies for outperforming their industry's injury and illness rate by at least 10%.
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