Steel News

World Crude Steel Production Slips 1% in September

22 October 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 111.75 million tonnes in September 2010 — a 1.0% decrease from the previous month (August 2010) and an 0.9% increase vs. September 2009.

Metal Shipment and Inventory Rise Again in September 2010

19 October 2010 - Very little change occurred in North American metals service center shipment and inventory trends in September, according to the latest Metals Activity Report from the Metals Service Center Institute. Sequential steel inventories rose slightly in both the United States and Canada.

August Steel Shipments up 11.5% from July

19 October 2010 - U.S. steel mills shipped 7,224,190 net tons for the month of August 2010, an 11.5% increase from the previous month’s shipments and a 29.7% increase from the 5,570,368 net tons shipped in August 2009, according to the latest report from AISI.

USITC Determines Seamless Pipe from China Threatens U.S. Industry

18 October 2010 - The United States International Trade Commission has determined that a U.S. industry is threatened with material injury by reason of imports of seamless carbon and alloy steel standard, line, and pressure pipe from China that the U.S. Department of Commerce has determined are subsidized and sold in the U.S. at less than fair value. As a result, Commerce will issue antidumping and countervailing duty orders on imports of these products from China.

Steel Import Permits Dip 11% in September

07 October 2010 - Steel import permit applications reached a total of 2,007,000 net tons for the month of September, an 11% decrease from the 2,252,000 permit tons recorded in August, according to the latest report from AISI.

worldsteel Provides Short Range Outlook for Steel Industry

05 October 2010 - The World Steel Association forecasts in its October 2010 short range outlook (SRO) for 2010 and 2011 that apparent steel use will increase by 13.1% to 1,272 million tonnes in 2010 after declining by 6.6% in 2009. This represents an improvement of 35 million tonnes over the April SRO for 2010, exceeding the pre-crisis peak of 1,222 million tonnes in 2007.

House Resolution Supports Effective Enforcement of Trade Laws

01 October 2010 - Representatives Roy Blunt, Spencer Bachus, Sam Graves, Jo Ann Emerson, Todd Akin, and Blaine Luetkemeyer have introduced House Resolution 1681, supporting effective enforcement of United States trade laws. The Coalition for Enforcement of Antidumping and Countervailing Duty Orders praises the resolution.

Preliminary Steel Imports Slip 11% in August

29 September 2010 - The U.S. imported a total of 2,155,000 net tons of steel in August, down 11% from July data, according to the latest report from AISI. The August total included 1,668,000 net tons of finished steel, down 8% from July data.

Steel Industry Calls for Currency Reform Legislation

28 September 2010 - Five key steel organizations, including the American Iron and Steel Institute, have sent a letter to all the members of the U.S. House of Representatives urging their support of the amended version of H.R. 2378, The Currency Reform for Fair Trade Act.

YTD Stainless Steel Imports up 66% Through June 2010

22 September 2010 - Total stainless steel imports reached 291,841 tons in YTD June 2010, a 66.0% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel imports were up 56.1% through the same period.

World Crude Steel Production up 4.2% in August

22 September 2010 - World crude steel production for the 66 countries reporting to the World Steel Association stood at an estimated 112.87 million tonnes in August 2010 — a 1.7% decrease from the previous month (July 2010) and a 4.2% increase vs. August 2009.

Stainless Steel Production Increases for First Half of 2010

21 September 2010 - Stainless steel crude steel production has increased in the first half of 2010 by 44.3% compared to the same period of 2009, according to preliminary figures released by the International Stainless Steel Forum. Total production for the first six months of 2010 was 15.6 million tonnes.

Metal Shipment Growth Rate Rebounds in August 2010

20 September 2010 - The rate of growth of steel and aluminum shipments from North American metals service centers rebounded in August, according to the latest Metals Activity Report from the Metals Service Center Institute. Inventories of both metals changed very little during the month in both the U.S. and Canada.

Commerce Finds Unfair Dumping, Subsidization of Seamless Pipe from China

14 September 2010 - The Department of Commerce announced on Sept. 13 its affirmative final determinations in the antidumping duty and countervailing duty investigations on imports of seamless carbon and alloy steel standard, line, and pressure pipe (seamless pipe) from P.R. China.

USITC to Conduct Sunset Reviews of Stainless Sheet and Strip Imports

08 September 2010 - The U.S. International Trade Commission has voted to conduct full five-year reviews concerning the countervailing duty order on stainless steel sheet and strip from Korea and the antidumping duty orders on stainless sheet and strip from Germany, Italy, Japan, Korea, Mexico, and Taiwan.

USITC to Conduct Sunset Review of Stainless Plate Imports

08 September 2010 - The U.S. International Trade Commission has voted to conduct full five-year (sunset) reviews concerning the countervailing duty orders on stainless steel plate from Belgium and South Africa and the antidumping duty orders on stainless plate from Belgium, Italy, Korea, South Africa, and Taiwan.

Steel Import Permits Decrease 15% in August

02 September 2010 - Steel import permit applications reached a total of 2,082,000 net tons for August, a 15% decrease from the 2,436,000 permit tons recorded in July and a 14% decrease from the July preliminary imports total of 2,415,000 net tons, according to the latest report from AISI.

Preliminary Steel Imports up 19% in July

25 August 2010 - The U.S. imported a total of 2,415,000 net tons of steel in July, up 19% from June data, according to the latest report from AISI. Finished steel imports were up 15% from June data.

World Crude Steel Production Dips 3.3% in July, Beats Year-Earlier Total

23 August 2010 - World crude steel production for the 66 countries reporting to the world steel association stood at an estimated 114.79 million tonnes in July 2010 — a 3.3% decrease from the previous month (June 2010) and an 9.6% increase vs. July 2009.

Stainless Steel Imports up 60% Through May 2010

23 August 2010 - Total stainless steel imports reached 235,739 tons in YTD May 2010, 60.0% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel imports were up 46.7% through the same period.