Steel News

Commerce Initiates Investigations of Seamless Pipe from China

09 October 2009 - The Department of Commerce will initiate antidumping and countervailing duty investigations on imports of seamless carbon and alloy steel standard, line, and pressure pipe from the People’s Republic of China.

Steel Import Permits Reach Highest Total since March

08 October 2009 - Steel import applications totaled 1,252,000 net tons in September, a 26% increase from the 997,000 permit tons recorded in August 2009, according to the latest report from AISI.

Tube City IMS Announces Executive Promotions

07 October 2009 - Tube City IMS announces the promotion of Electa Boyle to Vice President of Financial Operations and Corporate Controller, and Kirk Peters to Vice President, Treasurer and Principal Accounting Officer.

ALJ Releases 2009 Annual Revenue Results

07 October 2009 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenue of $24.5 million for the fourth quarter, and revenue of $110.2 million for the fiscal year ended September 30, 2009.

Carpenter Launches New Alloys for Knife Blades

07 October 2009 - Carpenter Technology is introducing Carpenter CTS-BD1, a new alloy that is part of its CTS alloys suite. These alloys are suitable for use in consumer, industrial, and medical knife blade applications.

ITC to Conduct “Sunset” Reviews of Stainless Steel Wire Rod

07 October 2009 - The U.S. International Trade Commission votes to conduct full five-year reviews concerning the antidumping duty orders on stainless steel wire rod from Italy, Japan, Korea, Spain, and Taiwan.

OSHA Cites Quinco Steel for Violations

06 October 2009 - The U.S. Department of Labor's Occupational Safety and Health Administration cites Quinco Steel with proposed penalties totaling $111,100, for alleged willful, serious, and repeat violations of federal workplace safety and health standards.

Dietrich’s Metal Lath Receives Building Code Endorsement

06 October 2009 - Dietrich Metal Framing recently obtained a significant building code endorsement for metal lath and lath trim products through ICC-ES certification.

Steelworkers Humanity Fund to Help Families Affected by Typhoon Ketsana

06 October 2009 - The USW’s Steelworkers Humanity Fund is making a $10,000 contribution to assist people left homeless in the Philippines due to flooding caused by Typhoon Ketsana.

AK Steel Announces November 2009 Surcharges

05 October 2009 - AK Steel will add a $210 per ton surcharge to invoices for electrical steel products shipped in November 2009.

PTC Alliance Files for Chapter 11 Protection

02 October 2009 - PTC Alliance has filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. The filing includes the parent company and its U.S. subsidiaries; none of its non-U.S. subsidiaries are included as debtors.

Heartland Announces Completion, Occupation of New Facility

01 October 2009 - Heartland Inc. announces completion of its steel warehousing subsidiary’s new headquarters in Washington Court House, Ohio.

AISI Disappointed by Boxer-Kerry Climate Bill

01 October 2009 - The American Iron and Steel Institute expresses its disappointment in the Boxer-Kerry climate bill, which aims to reduce emissions by 20% by 2020--beyond the House bill's target passed in June.

Reliance Updates Q3 Outlook, Amends and Extends Credit Facility

30 September 2009 - Reliance Steel & Aluminum is updating its outlook for the third quarter that ended September 30. The company expects earnings for the third quarter to be in the range of $.40 to $.45 per diluted share.

Worthington Reports 1st Quarter Results

30 September 2009 - Worthington Industries reports net earnings of $6.7 million on net sales of $417.5 million for its fiscal 2010 first quarter ended August 31, 2009.

Wheeling Corrugating to Implement Verticent ERP Solution

29 September 2009 - Wheeling Corrugating will implement the Verticent Enterprise Resource Planning solution at each of its operating facilities. A major theme of the partnership will be automation and integration.

Stainless, Specialty Imports Still Down More than 50% through June

29 September 2009 - Total stainless imports reached 175,783 tons through June 2009, a 57.1% decrease compared to YTD June 2008 according to the latest report from SSINA. Total specialty imports reached 238,274 tons through the same period, a 54.2% decrease compared to YTD June 2008.

Steel Dynamics Adds Gabriel Shaheen to Board

28 September 2009 - Steel Dynamics’ board of directors appoints Shaheen to the board, bringing the number of directors to 11.

Mill Steel Celebrates 50 Years With New Growth, Markets

28 September 2009 - The Grand Rapids-based steel distributor is marking its 50th year of business with an expanding customer base and new business in Michigan and across North America.

Northwest Pipe to Revitalize Idle Bossier Facility

28 September 2009 - Governor Bobby Jindal and other leaders announce the revitalization of Northwest Pipe's facility in Bossier City, La., that has been idle for three years. The company’s tubular products group is refitting the plant to manufacture OCTG and pipe for the oil and gas industry.