Steel News

U.S. Service Center Shipments Reverse Declines in July

15 August 2013 - In July, the pattern of consistent monthly decline of U.S. steel and aluminum shipments reversed, with shipments increasing approximately 5% over last year, the Metals Service Center Institute (MSCI) reported. In Canada, July shipments of both steel and aluminum continued to decline but at rates that were much slower than June. 

Letter to the New York Times Editor: Buying Steel From China: The MTA Explains

15 August 2013 - In a letter to the editor of the New York Times, the chairman and CEO of the New York City Metropolitan Transportation Authority responds to an op-ed focusing on its decision to use Chinese steel in the upper level of the Verrazano-Narrows Bridge.

Final Seismic Test for Cold-Formed Steel Structure Set for 16 August 2013

14 August 2013 - A team of leading cold-formed steel design researchers this summer has been conducting a series of tests as part of the final phase of a three-year National Science Foundation (NSF)-funded research project to increase the seismic safety of buildings that use lightweight cold-formed steel for their primary beams and columns.

Heidtman Employees Honored at Service Awards Dinner

14 August 2013 - The Heidtman Steel awards dinner was held 12 June 2013 at the Toledo Club in downtown Toledo.

Essar Steel Algoma Reports First Quarter Results for Fiscal Year 2014

14 August 2013 - In its first quarter of fiscal year 2014 results, Essar Steel Algoma said it believes steel prices have begun to rebound since reaching a two year low in June and it expects to see an improvement in operating profitability in the next quarter.

OSHA Cites Republic Steel for 24 Safety Violations

14 August 2013 - Republic Steel has been cited by the U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) for 24 safety violations carrying fines of US$1,138,500.

Olympic Steel Nets US$2.5 Million in Second Quarter 2013

13 August 2013 - As it announced financial results for the second quarter and six months ended 30 June 2013, U.S. service center chain Olympic Steel said the first half of 2013 was characterized by lower sales volume and average selling prices compared with last year.

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).