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Latest News

AK Steel Announces Price Increase for Carbon Steel Products

16 February 2010 - AK Steel announces a $50 per ton increase to spot market base prices, effective immediately with all new orders for its carbon steel products.

Pipe and Tube Producers to Take Action against AD Evasion on Chinese Imports

10 February 2010 - Members of the Committee on Pipe and Tube Imports announce formation of an industry task force to seek an end to the evasion of antidumping duties on imports of steel tubular products from China.

Steel Import Permits Rise 12% in January

04 February 2010 - Steel import applications reached 1,537,000 net tons for the month of January, a 12% increase from the 1,377,000 permit tons recorded in December 2009 according to the latest report from AISI.

Steel Import Permits Rise 12% in January

Preliminary Finished Steel Imports Up 11% in December

28 January 2010 - The U.S. imported a total of 1,396,000 net tons of steel in December 2009, up 1% vs. November final data, according to the latest report from AISI.

World Crude Steel Output Decreases by 8.0% in 2009

25 January 2010 - Despite a 13.5% year-on-year increase in crude steel production from China, world crude steel production decreased by about 8.0% in 2009 compared to 2008, with an estimated production total of 1220 million tonnes.

Commerce Initiates Investigations of Drill Pipe from China

22 January 2010 - The U.S. Department of Commerce has initiated antidumping duty and countervailing duty investigations on imports of drill pipe from P.R. China. From 2006 to 2008, imports of drill pipe from China increased 106% by volume.

November Steel Shipments Down 11% from October

22 January 2010 - U.S. steel mills shipped 5,424,000 net tons for the month of November 2009, an 11.0% decrease from the 6,097,000 net tons shipped in the previous month according to the latest report from AISI.

Steel, Aluminum Inventories Rise in U.S. and Canada

21 January 2010 - Inventories of steel and aluminum products at metals service centers in the United States and Canada rose slightly in December as shipments of those products declined seasonally, according to the latest Metals Activity Report from the Metals Service Center Institute.

Stainless, Specialty Imports Still Down More than 50% through October

18 January 2010 - Total stainless imports reached 308,874 tons through October 2009, a 52.5% decrease compared to YTD October 2008 according to the latest report from SSINA. Total specialty imports reached 396,033 tons through the same period, a 52.5% decrease compared to YTD October 2008.

SSINA Data Shows Stainless Steel Imports, Consumption Down

11 January 2010 - Imports of total stainless steel in YTD September 2009 were 268,732 tons, a 54.9% decrease compared to the same period of 2008, according to data recently released by The Specialty Steel Industry of North America (SSINA). U.S. consumption was 991,809 tons, down 34.3%.

U. S. Steel, Others File for Critical Circumstances in Tubular Trade Case

08 January 2010 - U.S. Steel and other petitioning parties will make an allegation of "critical circumstances" in the ongoing antidumping and countervailing duty investigations into seamless standard, line and pressure pipe from China.

Steel Import Permits Decline 9% in December

07 January 2010 - Steel import permit applications reached 1,326,000 net tons for the month of December, a 9% decrease from the 1,450,000 permit tons recorded in November 2009, according to the latest report from AISI.

ITC to Impose Duties on Oil Country Tubular Goods from China

31 December 2009 - U.S. Department of Commerce to issue countervailing duty order on imports of oil country tubular goods from China.

AISI, USW Support ITC Finding on Subsidized Steel Pipe from China

31 December 2009 - The American Iron and Steel Institute and the United Steelworkers both strongly support the U.S. International Trade Commission’s final injury determination in the countervailing duty portion of a case involving dumped and subsidized Chinese OCTG imports into the U.S. market.

Preliminary Steel Imports Dip 19% in November

23 December 2009 - The U.S. imported a total of 1,321,000 net tons of steel in November 2009, down 19% from October final data, according to the latest report from AISI.

World Steel Production up 24% in November

22 December 2009 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 107.48 million tonnes in November 2009 — 5.2% lower than the previous month (October 2009) but 24.2% higher than November 2008.

Commerce Preliminarily Finds Dumping of PC Wire Strand from China

21 December 2009 - The Department of Commerce announced on December 18 its preliminary determination in the antidumping duty investigation on imports of prestressed concrete steel wire strand from P.R. China. Commerce preliminarily determined that Chinese producers/exporters have sold PC strand in the U.S. at 37.72 to193.55% less than normal value.

October Steel Shipments Up 5.3% from September

21 December 2009 - U.S. steel mills shipped 6,097,000 net tons for the month of October 2009, a 5.3% increase over September according to the latest report from AISI.

Service Center Shipments Decline at Slower Rate in November

16 December 2009 - Despite declining shipments of steel and aluminum from U.S. and Canadian metals service centers in November, MSCI’s latest Metals Activity Report indicates there are signs that the market may be stabilizing.

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