Steel News

Reuters: U. S. Steel's Locked-Out Canada Workers Reject Contract Proposal

01 August 2013 - Workers locked out at United States Steel Corp's Lake Erie works in Canada have voted to reject the steelmaker's contract proposal, their union said on Wednesday, according to a Reuters report.

AK Steel Comments on China's Failure to Implement WTO Rulings in Electrical Steel Case

01 August 2013 - AK Steel said it will request that the U.S. Government seek WTO authorization to impose retaliatory tariffs against certain imports from China until China comes into compliance by revoking the antidumping and countervailing duty measures on grain oriented electrical steel from the U.S.

Superior Machine to Upgrade Gallatin Steel's C Furnace

31 July 2013 - Superior Machine Co. of S.C., Inc. has been awarded a contract to supply and install the equipment to upgrade the C furnace at Gallatin Steel Co. in Ghent, Ky.

Universal Stainless Earnings Impacted by Lower Than Expected Demand and Volumes

31 July 2013 - As it reported its second quarterly earnings results, Universal Stainless & Alloy Products, Inc. said the longer-term outlook for its end markets remains strong and it is generally expected that demand will begin to gain traction in the fourth quarter.

Stainless Group Concerned About High Levels of Stainless Bar Imports

31 July 2013 - The Specialty Steel Industry of North America (SSINA) is expressing growing concern over the substantial increase in imports of stainless steel bar. 

Reliance Steel & Aluminum Reports Quarterly Results and Outlook

31 July 2013 - Reliance Steel & Aluminum expects global economic uncertainty will continue to present challenges to industrial growth in the third quarter of 2013 and expects only slight improvements in demand with pricing remaining relatively unchanged from second quarter levels.

AK Steel Announces Stainless Steel Price Increase

30 July 2013 - AK Steel is increasing base prices for 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on 1 August 2013. 

Tenaris Provides Heavy Wall Line Pipe for Project in Gulf of Mexico

30 July 2013 - Tenaris is supplying offshore line pipe for Exxon Mobil’s Julia Project, located 7,000 feet under the Gulf of Mexico.

Carpenter Technology Reports Results from Challenging Quarter

30 July 2013 - Carpenter Technology Corporation reported its results for the quarter ended 30 June 2013, noting that it is entering fiscal 2014 optimistic about the year, although shorter lead times and low nickel prices provide less visibility about underlying demand.

Ternium's Shreveport Mill Resumes Activities After Incident

30 July 2013 - Operations at Ternium USA were disrupted on 5 July after a zinc leakage on electrical wiring caused an incident on the company’s galvanizing line.

United States Steel Corporation Reports 2013 Second Quarter Results

30 July 2013 - U. S. Steel reported a second quarter 2013 net loss of US$78 million, noting impacts from the ongoing lockout at its Lake Erie Works and a deceleration in global economic growth.

U.S. Commerce Department Begins Unfair Trade Investigations of Steel Threaded Rod Imports

30 July 2013 - The Department of Commerce announced the initiation of antidumping duty  investigations of imports of steel threaded rod from India and Thailand and a countervailing duty investigation of imports of steel threaded rod from India.

MMFX Steel Continues Growth of Regional Support

29 July 2013 - MMFX Steel Corp. of America continues to expand regional support for its uncoated corrosion-resistant and high-strength reinforcing steel products with the addition of Jack Schimpf as a new regional sales manager.

Tata Steel Introduces New Bar Sizes to Help North American Customers

29 July 2013 - Listening to U.S. customer feedback has led to Tata Steel’s European operations reconfiguring some of its assets in the South Yorkshire area of the UK so as to better serve the vital North American market.

Cliffs Natural Resources Expects Demand to Remain Stable

29 July 2013 - Cliffs Natural Resources Inc. reported second quarter results, noting that it anticipates modest growth in the U.S. economy for the remainder of the year, which is expected to support stable North American steelmaking utilization rates.

U.S. Commerce Department Begins Unfair Trade Investigation of OCTG Imports

29 July 2013 - The U.S. Department of Commerce (Commerce) has initiated antidumping duty investigations of imports of certain oil country tubular goods (OCTG) from India, the Republic of Korea, the Republic of the Philippines, Saudi Arabia, Taiwan, Thailand, the Republic of Turkey, Ukraine, and the Socialist Republic of Vietnam and countervailing duty investigations of imports of OCTG from India and the Republic of Turkey