Steel News

Finished Steel Imports Up 11% in April

03 May 2012 - Total steel import permit applications reached 3,074,000 net tons for the month of April, a 5% decrease from the 3,248,000 permit tons recorded in March according to the latest report from AISI. Import tonnage for finished steel was up 11% over the same period.

worldsteel Releases Short Range Outlook

01 May 2012 - The World Steel Association (worldsteel) released its April 2012 Short Range Outlook (SRO) for 2012 and 2013, forecasting that global apparent steel use will increase by 3.6% to 1,422 million tonnes in 2012, following growth of 5.6% in 2011. In 2013, world steel demand is forecast to grow an additional 4.5% to around 1,486 million tonnes.

Canadian Tribunal Initiates Expiry Review for HR Carbon Plate from China

30 April 2012 - The Canadian International Trade Tribunal has initiated an expiry review of its orders made on January 9, 2008, concerning the dumping of hot-rolled carbon steel plate from China.

Preliminary Steel Imports Up 7% in March

26 April 2012 - The U.S. imported a total of 2,899,000 net tons of steel in March, up 7% from February final data according to the latest report AISI. Finished steel imports were up 4% through the same period.

AK Steel's Coshocton Works Recognized for Outstanding Safety Performance

25 April 2012 - The Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene has recognized AK Steel's Coshocton Works for operating 2,952,729 hours without a lost-time injury between February 20, 2008 and August 5, 2011.

World Steel Association Reports March 2012 Crude Steel Production

23 April 2012 - Crude steel production for the 62 countries reporting to the World Steel Association was 132 million tonnes (Mt) in March 2012, an increase of 1.8% compared to March 2011. Production for the first quarter of 2012 was 377 Mt, 1.1% higher than the first quarter of 2011.

SSINA Releases Market Data for January 2012

19 April 2012 - Imports of total stainless steel in YTD January 2012 were 70,107 tons, a 4.7% increase compared to a year ago, according to recently released statistical data from the Specialty Steel Industry of North America (SSINA).

February Steel Shipments Down 1.1% from January

18 April 2012 - U.S. steel mills shipped 8,407,343 net tons for the month of February 2012, a 1.1% decrease from the 8,497,932 net tons shipped in the previous month, according to the latest release from AISI.

Metals Service Center Growth Levels Off in March

18 April 2012 - March service center shipments of aluminum and steel were only slightly changed in both the United States and Canada, with inventory positions also remaining nearly constant in both countries, according the latest report from the Metals Service Center Institute.

ITC to Conduct Sunset Review of Corrosion-Resistant Carbon Steel Products

10 April 2012 - The U.S. International Trade Commission has voted to conduct full five-year (sunset) reviews concerning the countervailing duty order on corrosion-resistant carbon steel flat products from Korea and the antidumping duty orders on such products from Germany and Korea.

Finished Steel Imports up 13% in March

05 April 2012 - The U.S. imported a total of 3,144,000 net tons of steel in March, up 22% from February final data, according to the latest report from AISI. Finished steel imports were up 21% over the same period.

AK Steel's Zanesville Works Recognized for Outstanding Safety Performance

02 April 2012 - The Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene has recognized AK Steel's Zanesville Works for Outstanding Safety Performance.

Commerce Delivers Mixed Preliminary Ruling on Welded Steel Pipe from Multiple Countries

28 March 2012 - The Department of Commerce announced its affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of circular welded carbon-quality steel pipe from India and Vietnam, and its negative preliminary determinations in the CVD investigations of imports of such steel pipe from Oman and the United Arab Emirates.

Preliminary Steel Imports Decline 5% in February

28 March 2012 - The U.S. imported a total of 2,689,000 net tons of steel in February, down 5% from January final data, according to the latest report from AISI. Finished steel imports were down 7% through the same period.

Commerce Initiates AD, CVD Investigations of Drawn Stainless Sinks from P.R. China

23 March 2012 - The Department of Commerce (Commerce) announced the initiation of antidumping duty (AD) and countervailing duty (CVD) investigations of imports of drawn stainless steel sinks from P.R. China.

Commerce Finds Dumping, Subsidization of Galvanized Wire from P.R. China, Mexico

22 March 2012 - The Department of Commerce has made affirmative final determinations in the countervailing (CVD) and antidumping duty (AD) investigations of imports of galvanized steel wire from P.R. China (AD and CVD) and Mexico (AD).

Global Stainless Production Reaches New Record in 2011

22 March 2012 - World crude steel production grew by 3.3% in 2011, reaching a total of 32.1 million tonnes according to the latest report from the International Stainless Steel Forum (ISSF). The 2011 total represents a new stainless steel production record for a single year.

February World Crude Steel Production Up 1.9% vs. February 2011

21 March 2012 - World crude steel production for the 59 countries reporting to the World Steel Association stood at 119.2 million tonnes for February 2012, 1.9% higher in comparison with February 2011 and 2.1% higher than the previous month, January 2012.

Service Center Growth Momentum Increases in February

20 March 2012 - February service center shipments of aluminum and steel were up sharply from the same month in 2011 in both the U.S. and Canada, with inventory positions remaining constant in the U.S. and deteriorating only slightly in Canada, according the latest report from MSCI.

Stainless Imports up 18% Through YTD December 2011

15 March 2012 - Imports of total stainless steel in YTD December 2011 totaled 782,838 tons, an 18.1% increase compared to YTD December 2010, according to data from the Specialty Steel Industry of North America. Imports of total specialty steel increased 19.8% in YTD December 2011, to 1,008,750 tons, compared to the same period a year ago.