Steel News

AK Steel Wins Trade Cases on Non-Oriented Electrical Steel

20 November 2014 - AK Steel reported that the U.S. International Trade Commission (ITC) reached an affirmative (4-1) final determination that the domestic industry producing non-oriented electrical steel (NOES) is materially injured by reason of dumped and subsidized imports from six countries.

U.S. Steel Industry Disappointed in Senate Keystone Vote

20 November 2014 - The American Iron and Steel Institute (AISI) expressed disappointment that the U.S. Senate narrowly failed to advance legislation to move forward with the Keystone XL pipeline.

U.S. Steel Industry Applauds Keystone Bill Passage

20 November 2014 - On 14 November 2014, the U.S. House of Representatives passed legislation, H.R. 5682, by a vote of 252-161-1, to clear the way for construction of the Keystone XL pipeline which has been delayed for nearly five years due to bureaucratic hurdles.

SMA Responds to Senate Vote on Keystone XL Pipeline

19 November 2014 - A measure to approve construction of the Keystone XL pipeline failed passage in the United States Senate by a 59-41 vote, falling just one vote short of the supermajority necessary for passage. The Steel Manufacturers Association (SMA) commented on the development.

Carpenter Technology Announces Return of Gregory Pratt as CEO

19 November 2014 - Carpenter Technology Corporation’s Board of Directors announced that Gregory A. Pratt will return as CEO of the company, effective immediately.

Lee Steel Installs Red Bud EPS® Coil Line

19 November 2014 - Lee Steel Corp. of Novi, Mich., recently installed a Red Bud Industries’ EPS (Eco Pickled Surface) coil line. The new line is capable of removing scale from HRS material up to .375” at 72” wide and coil weights up to 70,000 lbs.

USW Members Ratify New Labor Agreement at AK Steel Tubemaking Unit

19 November 2014 - The members of United Steelworkers of America (USW) Local 1915 have ratified a new three-year labor agreement with AK Steel’s wholly-owned subsidiary, AK Tube LLC, covering about 100 hourly production and maintenance employees at its Walbridge, Ohio, facility.

Equipment at EVRAZ Claymont Steel Mill Being Liquidated

18 November 2014 - Industrial Assets Corp., nationally known experts in the liquidation auction industry, along with Hero Demolition Corp., and Maynard Industries, announced the liquidation of manufacturing assets of the former Evraz Claymont Steel mill, featuring a complete 160” wide capacity steel plate mill.

U. S. Steel Names Leadership for Service Center, Industrial and Mining Solutions

18 November 2014 - United States Steel Corporation announced the executive leadership for three of the company's newly created commercial entities.

ANDRITZ Acquires Herr-Voss Stamco

18 November 2014 - International technology Group ANDRITZ has acquired Herr-Voss Stamco Inc., headquartered in Callery, Pa., USA, and is thus enlarging its service and product offerings for North American customers in the metals sector.

SMS Group to Build Big River Steel's Eco-Friendly Mill

18 November 2014 - The official ceremony marking the start of Big River Steel’s greenfield steel project on the Mississippi River in Mississippi County, Ark., U.S.A., took place on 22 September 2014.

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.