Steel News

Salzgitter’s Berg Pipe Subsidiaries Secure Two Major Pipeline Orders

18 November 2014 - The Salzgitter Group participations Berg Steel Pipe Corp. and Berg Spiral Pipe Corp., both located in the United States, have been awarded two major contracts to manufacture pipes for new natural gas infrastructure that will serve the southeastern U.S.

SteelBenchmarker: HRB Price Bifurcation Intensifies

18 November 2014 - In its 207th report, the SteelBenchmarker released nine steel products and three USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for 10 November 2014:

U. S. Steel Establishes New Management Structure

17 November 2014 - United States Steel Corporation has announced another logical next step in the company's Carnegie Way transformation journey. By 1 January 2015, the company's reporting segments — North American Flat-Rolled, Tubular and U. S. Steel Europe — will be realigned to achieve three strategic goals:

Lower Demand for Steel Reduces Gerdau's Performance in Q3

17 November 2014 - Gerdau closed the third quarter of 2014 with a shipment volume of 4.6 million metric tons of steel, which is 4.5% lower compared to the same period last year.

EVRAZ North America Supports Approval of the Keystone XL Pipeline

17 November 2014 - EVRAZ North America announced it fully supports approval of the Keystone XL pipeline and is pleased the U.S. House of Representatives passed legislation (by a vote of 252-161) to approve the permit application that would allow the pipeline project to move forward.

ITC Rules Non-Oriented Electrical Steel from Six Countries Injures U.S. Industry

14 November 2014 - The United States International Trade Commission (USITC) determined that the U.S. industry is materially injured by reason of imports of non-oriented electrical steel (NOES) from China, Germany, Japan, Korea, Sweden, and Taiwan that the U.S. Department of Commerce has determined are sold in the United States at less than fair value and are subsidized by the governments of China and Taiwan.

Republic Steel’s New EAF Produces 1,000th Heat

13 November 2014 - Republic Steel has produced the 1,000th heat at its Lorain, Ohio, plant after a US$120 million capital investment for a new electric arc furnace.

AIIS: U.S. Steel Exports Decline in September

13 November 2014 - The United States’ steel exports declined slightly in September 2014, though they remained just above their level of a year earlier, the American Institute for International Steel reports.

CAN-ENG Furnaces Contracted to Build Four Rotary Hearth and Tempering Furnace Systems

13 November 2014 - CAN-ENG Furnaces International Limited has received an order from a large international mining and materials supplier with locations spread throughout North and South America and East Asia.

Samuel Divisions Receive Inaugural Supplier Performance Award from Precision Resource

12 November 2014 - Samuel Midwest and Samuel Automotive are honored to receive the first ever Supplier Performance Award from Precision Resource Inc.

Ternium: Steel Demand in U.S. & Mexico Remains Healthy

11 November 2014 - Ternium S.A. announced its results for the third quarter and first nine months ended 30 September 2014.

Nucor Reports Equipment Failure at Louisiana DRI Facility

10 November 2014 - Nucor Corp. announced that an equipment failure occurred at Nucor Steel Louisiana in St. James Parish.

MMFX Steel Hires New Regional Sales Manager to Lead Efforts in Canada

10 November 2014 - MMFX® Steel Corp. has appointed Richard St-Martin as its new regional sales manager for Eastern Canada.

AISI Estimates Import Market Share at 31% in October

10 November 2014 - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October total 4,382,000 tons*.

Benteler Steel/Tube Marks Opening of World-Class Center for Advanced Manufacturing and Engineering Technology

07 November 2014 - Louisiana Governor Bobby Jindal, Benteler Steel/Tube and Bossier Parish Community College (BPCC) marked the opening of BPCC’s Center for Advanced Manufacturing and Engineering Technology on 6 November 2014.

Steel Industry Group Provides Comments on Foreign Trade Barriers

07 November 2014 - The American Iron and Steel Institute (AISI) told the trade arm of the federal government that existing “foreign trade barriers distort international trade and are extremely harmful to U.S. companies,” especially those in the steel industry.