Steel News

Report: Thundering Blasts Take Down RG Furnaces in Steubenville

13 August 2013 - The two 100-year-old blast furnaces at the former RG Steel Corp. Steubenville plant disappeared in two thundering blasts and clouds of dust Thursday afternoon, officially ending a steel-making era in the city, according to a report from the Tribune-Chronicle.

Patriot Coal and UMWA Reach Consensual Agreement

13 August 2013 - Patriot Coal Corporation announced that its signatory subsidiaries have reached a consensual agreement with the United Mine Workers of America regarding their collective bargaining agreements and the provision of healthcare benefits for UMWA-represented retirees. 

U.S. Agency Votes to Continue Trade Case on Steel Threaded Rod from India and Thailand

12 August 2013 - The United States International Trade Commission determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of certain steel threaded rod from India and Thailand that are allegedly sold in the U.S. at less than fair value and alleged to be subsidized by the Government of India.

Report: Gerdau to Idle Cambridge, Ontario, Melt Shop

12 August 2013 - The steel company Gerdau, headquartered in Rio de Janeiro, has announced plans to idle the melt shop at its Cambridge, Ontario, steel mill complex, according to Recycling Today.

Reuters: Steel Americas Cloud Hangs Over Germany's ThyssenKrupp

12 August 2013 - Pressure is growing on ThyssenKrupp to shore up its strained balance sheet by raising new capital as talks on selling its loss-making steel mills in the Americas drag on, according to a Reuters report.

USW, AK Steel Reach Tentative Agreement at Ashland, Ky., Plant

12 August 2013 - The United Steelworkers (USW) have reached a tentative agreement on a new contract with AK Steel covering 860 workers at the steelmaker's Ashland, Ky., facilities.

MRC Global Announces Executive Management Changes

12 August 2013 - MRC Global Inc. announced changes in its executive management and organization. Effective immediately, Alan Colonna will assume the role of executive vice president – business development and U.S. Operations, and Gary Ittner will assume the role of executive vice president – supply chain.

New Study Confirms Lightweight Steel Wheels Equivalent in Mass to Aluminum at 40% Cost Savings

09 August 2013 - The Steel Market Development Institute's Wheels Task Force recently unveiled the results of its latest lightweight steel wheel project which developed a stylish new steel wheel design solution that is equivalent in mass to a comparable aluminum wheel, but at a 40% cost saving.

NDC Announces thhe TVXR-3 Thickness Gauge for Hot Mill Applications

09 August 2013 - NDC announced its new TVXR-3 X-ray thickness gauge that is specifically engineered for hot rolling mill applications.

Northwest Pipe Predicts Third Quarter Will Be Its Weakeast This Year

09 August 2013 - Northwest Pipe Company announced its second quarter 2013 financial results, noting that it expects the third quarter to be its weakest in 2013.

MRC Global Results Impacted By Continued Weakness in Line Pipe Product Group

09 August 2013 - MRC Global Inc., the largest global distributor, based on sales, of pipe, valves and fittings (PVF) and related products and services to the energy and industrial sectors, announced second quarter 2013 results. 

Harsco's Metals & Minerals Business Performed Below Expectations in Second Quarter

08 August 2013 - As it reported its second quarter results, diversified global industrial company Harsco Corporation said its Metals & Minerals segment will continue to be affected by the challenging conditions in the global steel industry in the third quarter.

U.S. Steel Exports Sag in June

08 August 2013 - Steel exports declined in June compared to May by 8.5% according to government data analyzed by the American Institute for International Steel (AIIS).

Abakan Announces Incorporation of MesoCoat to Accelerate Entry Into High Value Coating Services Market

08 August 2013 - Abakan Inc., an emerging leader in the advanced coatings and metal formulations markets, announced the incorporation of a new subsidiary, MesoCoat Coating Services Inc. (MCS), to provide thermal spray coating services using its multiple award-winning nanocomposite PComP™ coating materials to improve component longevity and to combat corrosion and wear in the oil and gas, mining, aerospace, chemicals, metal processing and metal finishing industries.

Arch Coal Reports Second Quarter 2013 Results

08 August 2013 - Despite achieving a sequential improvement in its earnings, Arch Coal, Inc. reported a net loss of US$72.2 million in the second quarter of 2013 as it faced weak coal market conditions.

U.S. Group Says Chinese Are Underselling Seamless Stainless Steel Pipe and Tube

07 August 2013 - The Stainless Steel Tube Trade Advancement Committee (SSTTAC) has completed market research of Chinese trade practices in selling seamless stainless steel pipe and tube in the U.S. market. The data confirms substantial underselling of U.S. producers by Chinese companies.

AISI: U.S. Steel Import Permits Down 6% in July

07 August 2013 - 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 July total 2,476,000 tons.  

New Life Cycle Assessment Study Shows Replacing Wood Utility Poles with Steel Lowers Key Environmental Impacts

07 August 2013 - A detailed life cycle assessment (LCA) study commissioned by the Steel Market Development Institute, found that when comparing overall environmental performance, galvanized steel utility poles outperform wood poles in key environmental measures.

Structural Steel Industry Celebrates 5th Annual SteelDay with Nationwide Events on 4 October

07 August 2013 - The fifth annual SteelDay will be held on 4 October 2013. Hosted by the American Institute of Steel Construction (AISC) and its partners, SteelDay is your opportunity to see first-hand how the structural steel industry contributes to building America.

John Speer Named to John Henry Moore Chair at Colorado School of Mines

06 August 2013 - The Metallurgical & Materials Engineering Department at the Colorado School of Mines (CSM) announced that Professor John Speer has been named as the John Henry Moore Distinguished Professor of Metallurgical and Materials Engineering.