Steel News

Berry Metal Announces New Product and Engineering Managers

11 March 2012 - Berry Metal Co. has recently hired Dale Straughen as its product manager-BOF/EAF steelmaking and Mike Bahorich as engineering manager.

YTD Finished Steel Imports up 29% through February

08 March 2012 - Total steel import permit applications reached 2,549,000 net tons for February 2012, a 10% decrease from 2,826,000 permit tons recorded in January according to the most recent report from AISI. Through the first two months of 2012, finished steel imports were 4.1 million net tons, up 29% vs. the same period last year.

USITC to Expedite Sunset Review of Foundry Coke from China

07 March 2012 - The U.S. International Trade Commission has voted to expedite its five-year (sunset) review concerning the antidumping duty order on foundry coke from China.

USITC to Expedite Sunset Reviews on Stainless Bar from Four Countries

06 March 2012 - The U.S. International Trade Commission has voted to expedite its five-year (sunset) reviews concerning antidumping duty orders on stainless steel bar from Brazil, India, Japan, and Spain.

Finished Steel Imports Climb 31% in January

23 February 2012 - The U.S. imported a total of 2,546,000 net tons of steel in January, up 23% from December final data, according to the latest report from AISI. Finished steel imports were up 31% over the same period.

January World Crude Steel Production Down 7.8% vs. January 2011

22 February 2012 - World crude steel production for the 59 countries reporting to the World Steel Association stood at 116.7 million tonnes for January 2012, 7.8% lower in comparison with January 2011 and 0.3% lower than the previous month, December 2011.

Stainless Imports up 22% Through YTD November 2011

20 February 2012 - Total stainless imports reached 728,648 tons through YTD November 2011, a 21.8% increase compared to YTD November 2010 according to the latest report from SSINA. Total specialty steel imports (comprising stainless steel, alloy tool steel and electrical steel) reached 937,322 tons through the same period, a 22.8% increase.

December ’11 Steel Shipments Up 9.2% from November

20 February 2012 - U.S. steel mills shipped 8,085,761 net tons for the month of December 2011, a 9.2% increase from the 7,404,828 net tons shipped in the previous month according to the latest release from AISI.

US and Canadian Service Center Shipments Show Year over Year Growth

17 February 2012 - Shipments from US and Canadian service centers continued to grow on a year-over-year basis in January 2012, according to the latest Metals Activity Report from the Metals Service Center Institute.

Total Steel Import Permit Tons up 21% in January

03 February 2012 - Total steel import permit applications reached 2,691,000 net tons for the month of January 2012, a 21% increase from the 2,230,000 permit tons recorded in December according to the most recent report from AISI.

November Steel Shipments Down 6.7% from October

01 February 2012 - U.S. steel mills shipped 7,404,828 net tons for the month of November 2011, a 6.7% decrease from the 7,933,653 net tons shipped in the previous month according to the latest report from AISI.

American Steel Industry Supports WTO Decision on Chinese Export Policies

31 January 2012 - The American Iron and Steel Institute, the Steel Manufacturers Association, the Specialty Steel Industry of North America, the Committee on Pipe and Tube Imports, and the United Steelworkers support the favorable decision by the Appellate Body of the World Trade Organization, which held that China’s restraints on exports of various raw materials violated its WTO obligations.

Carpenter Technology Reports Second Quarter Results

30 January 2012 - Carpenter Technology reported net income attributable to Carpenter of $23.6 million ($0.52 per share) for the quarter ended December 31, 2011.

AK Steel Announces Stainless Steel Price Increase

25 January 2012 - AK Steel announced plans to increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on March 4, 2012.

Preliminary Finished Steel Imports Up 15% in 2011 vs. 2010

25 January 2012 - The U.S. imported a total of 1,997,000 net tons of steel in December, down 6% vs. the November final data, according to the latest report from AISI. Finished steel imports were down 9% through the same period.

2011 World Crude Steel Production Finishes 6.8% Ahead of 2010

24 January 2012 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 1526.9 million tonnes for the year 2011, 6.8% vs. 2010 and a record for global crude steel production.

Metal Shipments Show Double Digit Year-Over-Year Growth

19 January 2012 - Service center shipments grew at slightly higher levels in December for both steel and aluminum in Canada, according to the latest Metals Activity Report from the Metals Service Center Institute. In the U.S., steel shipments grew at about half the rate as last month and aluminum-shipment growth remained about the same.

World Stainless Production Rises in Q3 on Asian Performance

19 January 2012 - World crude stainless steel production increased by 3.6% in the first nine months of 2011 compared to the comparable year-ago period, according to the latest report from the International Stainless Steel Forum.

Stainless Imports up 24.9% Through YTD October 2011

16 January 2012 - Total stainless imports reached 664,583 tons through YTD October 2011 a 24.9% increase compared to YTD October 2010 according to the latest report from SSINA. Total specialty steel imports (comprising stainless steel, alloy tool steel and electrical steel) reached 850,948 tons through the same period, a 25.5% increase.

USITC to Uphold Existing AD Order on Light-Walled Rectangular Pipe and Tube from Taiwan

09 January 2012 - Existing antidumping duty order on light-walled rectangular pipe and tube from Taiwan will be upheld as a result of the USITC’s determination that revoking the orders would be likely to lead to material injury within a reasonably foreseeable time.