Steel News

U.S., Russia Reach Draft Deal on Hot Rolled Steel Trade

19 November 2012 - The U.S. Commerce Department said it had reached a draft agreement with the Russian government to revise a 13-year-old deal governing imports of hot-rolled steel, Reuters reports.

AISI Recognizes DiMicco for His Service to the Institute, Steel Industry

19 November 2012 - The American Iron and Steel Institute recognized Daniel DiMicco, who is stepping down as CEO of Nucor Corporation on 1 January 2013, for his dynamic leadership on AISI's Board of Directors which has been invaluable in advancing the steel industry's pro-manufacturing agenda.

Specialty Steel Industry of North America Releases Market Data for August 2012

19 November 2012 - The Specialty Steel Industry of North America has released statistical data on imports, U.S. consumption, and import penetration for YTD August 2012, commenting that it is particularly tracking remarkable growth in imports of stainless plate, which are up nearly 31% over 2011 levels.

John Ferriola to be Named Nucor CEO Effective 1 January 2013

16 November 2012 - Nucor CEO Daniel R. DiMicco announced that he is passing this privilege and responsibility on to current President and Chief Operating Officer, John J. Ferriola. Ferriola will follow DiMicco as CEO effective 1 January 2013.

U.S. Agency Determines Imports Are Not Hurting U.S. Pipe and Tube Industry

15 November 2012 - The U.S. International Trade Commission determined that imports of circular welded carbon-quality steel pipe from a host of countries have not injured or do not threaten to injure the U.S. industry; as a result, no antidumping or countervailing duty orders will be issued on the imports.

Canada Agency Makes Final Ruling in Trade Case Against Standard Pipe Imports

14 November 2012 - The Canada Border Services Agency (CBSA) made final determinations in the trade cases investigating standard pipe imports from the Chinese Taipei, India, Oman, Korea, Thaialnd, the United Arab Emirates and Turkey.

Don B. Daily Memorial Fund Selects Recipients

13 November 2012 - The Association for Iron & Steel Technology (AIST) Foundation and the Steel Manufacturers Association (SMA) are proud to announce the second-year recipients of the newly established Don B. Daily Memorial Fund to Promote Steel Industry Safety and Health.

U.S. Steel Exports Sag in September on Weakening International Markets

13 November 2012 - U.S. steel exports declined in September compared to August by 9.7% according to government data analyzed by the American Institute for International Steel (AIIS).

Kennametal Launches Initiative to Hire Veterans; Address Skills Gap

12 November 2012 - Kennametal Inc. announced a hiring initiative to actively recruit former military personnel into manufacturing careers as part of its initiatives to ensure the sustainability of manufacturing and provide employment for future generations.

AK Steel Announces Stainless Steel Price Increase

12 November 2012 - AK Steel said that it will increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on 30 December 2012.

Cliffs and USW Announce New 37-Month Labor Agreement

12 November 2012 - Cliffs Natural Resources Inc. announced that the United Steelworkers (USW) ratified the tentative settlement agreement signed by both parties this past October.

U. S. Steel Tubular Products Selects Recipient of 2012 Chief Roughneck Award

09 November 2012 - U. S. Steel Tubular Products, Inc., a subsidiary of United States Steel Corporation, announced that Charles D. Davidson, chairman and CEO of Noble Energy, is the recipient of its Chief Roughneck Award for 2012. The announcement was made today at the 83rd annual meeting of the Independent Petroleum Association of America.

Butech Bliss VP Honored as "Outstanding Citizen of the Year"

09 November 2012 - Jock Buta, executive vice president of Butech Bliss has been chosen as the 2012 "Outstanding Citizen of the Year" and will be honored during the Salem Area Chamber of Commerce’s 66th annual dinner on 16 November.

China Slaps Anti-Dumping Tariffs on European, Japanese Steel Tubes

09 November 2012 - China said it will impose five-year anti-dumping tariffs on high-performance stainless steel tube imports from the European Union and Japan, highlighting commercial tensions between Beijing and major trading partners, Reuters reports.

U. S. Steel Announces Public Affairs Personnel Changes

08 November 2012 - United States Steel Corporation announced changes in the company’s Public Affairs Department.

Severstal Ranked Leading Russian Metals and Mining Business in Energy and Ecology Report

08 November 2012 - OAO Severstal has been ranked the most environmentally friendly Russian metals and mining company in a report by Interfax-ERA, an ecology and energy rating agency.

October U.S. Steel Import Licenses Up 11% Over September

08 November 2012 - U.S. steel import permit applications in October rose 11% from Septemeber's preliminary import count, and this "import surge" is not being driven by U.S. demand, the American Iron & Steel Institute says.

AISI Announces 2012 Institute Medal Winners

08 November 2012 - The American Iron and Steel Institute (AISI) awarded authors from ArcelorMittal Global R&D and Honda R&D the 2012 Institute Medal for their winning paper, "Characterization of Edge Fracture in Various Types of Advanced High Strength Steel."

Ilva to Temporarily Lay Off Up To 2,000 Workers

08 November 2012 - Italian steel producer Ilva announced  that "due to the ongoing market crisis which started in the first quarter this year, in the next few days the company will start to implement temporary layoffs at the Taranto-based steel complex." Up to 2,000 workers will be affected by the decision and will be paid from redundancy funds, SteelOrbis reports.

Severstal North America Appoints New VP of Human Resources

07 November 2012 - Severstal North America has appointed Ms. Olga G. Filatova Vice President, Human Resources, Severstal North America, effective 15 November 2012. Filatova replaces Mr. Melvin Baggett, who is retiring after 36 years of service with the company.