Steel News

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.

Preliminary 2010 Steel Imports up 47% vs. 2009

26 January 2011 - The U.S. imported a total 1,811,000 net tons of steel in December, up 1% from November final data, according to the latest report from AISI. The total included 1,445,000 net tons of finished steel, down 3% from November final data.

YTD Stainless, Specialty Imports Holding Steady through October

24 January 2011 - Total stainless steel imports reached 532,053tons in YTD October 2010, a 72.3% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel reached 677,843tons through the same period, a 71.2% increase compared to the comparable year-ago period.

2010 World Crude Steel Production Finishes 15% Ahead of 2009

24 January 2011 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 116.2 million tonnes in December 2010 — a 1.3% increase from the previous month (November 2010). Full-year production, at 1395.46 million tonnes, reflects a 15.2% increase over 2009.

U.S., Canadian Metals Shipments Rebounded in 2010

20 January 2011 - Shipments of steel and aluminum from U.S. and Canadian metals service centers rebounded during 2010 vs. the depressed volumes of 2009, according MSCI’s just-released Metals Activity Report for December 2010.

Steel Import Permit Tons Hold Steady through December

06 January 2011 - Steel import permit applications reached a total of 1,814,000 net tons for the month of December, a 0.4% decrease from the 1,808,000 permit tons recorded in November according to the latest report from AISI.

Commerce Finds Dumping, Subsidization of Drill Pipe from China

05 January 2011 - The Department of Commerce announces its affirmative final determinations in the antidumping duty and countervailing duty investigations on imports of drill pipe from P.R. China.

Preliminary Steel Imports Dip 5% in November

30 December 2010 - The U.S. imported a total of 1,784,000 net tons of steel in November, down 5% from October final data according to the latest report from AISI. Finished steel imports were down 6% over the same period.

November World Crude Steel Production Slips 2.8% from Previous Month

21 December 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 114.12 million tonnes in November 2010 — a 2.8% decrease from the previous month (October 2010) and a 5.1% increase vs. November 2009.

October Steel Shipments down 7.2% from September

17 December 2010 - U.S. steel mills shipped 6,629,195 net tons for the month of October 2010, a 7.2% decrease from the previous month’s shipments and an 8.7% increase from the 6,097,348 net tons shipped in October 2009, according to the latest report from AISI.

YTD Stainless, Specialty Imports up More than 70% through September

15 December 2010 - Total stainless steel imports reached 463,783 tons in YTD September 2010, a 72.6% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel — stainless, alloy tool and electrical steel — reached 593,200 tons through the same period, a 69.9% increase.

Steel Import Permits Dip 11% in November

02 December 2010 - Steel import permit applications reached a total of 1,672,000 net tons for the month of November, an 11% decrease from the 1,870,000 permit tons recorded in October according to the latest report from AISI.