The American Iron and Steel Institute (AISI) reported Monday that for the month of April 2014, US steel mills shipped 8,235,096 net tons, a 1.2 percent decrease from the 8,337,578 net tons shipped in the previous month, March 2014, and a ...
Tags: Steel Shipments, Steel
According to a report Monday from the American Institute for International Steel (AIIS), US steel exports grew for the second month in a row in April, expanding 3.8 percent from March to 1.08 million net tons. Exports were 3.7 percent ...
Tags: Steel Exports, US steel
The American Iron and Steel Institute (AISI) commended Senators Brown (D-OH) and Sessions (R-AL) Wednesday for their appeal to President Obama to formulate a national strategy to address the trade-distorting practice of currency ...
Tags: Iron, Steel, Chinese Currency Manipulation
US steel coil prices fell slightly Thursday, with buyers saying some mills are becoming increasingly hungry and willing to cut deals. One top-tier mill source said the bulk of his hot-rolled transactions were being done between ...
Tags: Steel Coil, Metallurgy, Mineral, Energy
US steel sheet prices stayed flat on Tuesday as mills remained reluctant to offer lower prices, but sources noted that downward pricing pressure is continuing to develop. Platts maintained its hot-rolled coil assessment at $675-685/st, ...
Tags: Steel Sheet, hot-rolled coil
United States Steel Corporation announced Monday that it will indefinitely idle two tubular manufacturing facilities in McKeesport, Pennsylvania, and Bellville, Texas, in early August, impacting approximately 260 employees as a result of ...
Tags: US Steel, Tubing Plants
The US sheet steel market might be in for another stretch of relative stability, as new upcoming outages balance import pressure and drab demand, market sources said Thursday. One industry consultant said manufacturing -- and thus steel ...
Tags: Steel Sheet, steel consumption
A 31-count indictment filed in the US District Court Monday charged Chinese hackers with gaining illegal access to a handful of Pittsburgh-area industrial firms, including US Steel. The charges against five officers in the Chinese military ...
Tags: Steel, US District Court
The US steel sheet market remains relatively steady, though a lack of buyer urgency may be eroding the bottom range of hot-rolled pricing, market sources said Monday. A top-tier mill source said import buying has picked up but domestic ...
Tags: Steel Sheet, top-tier mill
US recycler Metalico expects domestic ferrous scrap pricing to remain under pressure until the American scrap export market improves, it said Thursday. First-quarter US scrap exports were at an eight-year low, leading domestic exporters ...
Tags: Steel Scrap, ferrous scrap
Strong domestic mill pricing appears to be filtering, slowly but surely, through the supply chain, market sources said Tuesday. Service centers have no choice but to increase their pricing for end-users, though realized prices are still ...
Tags: Steel Sheet, Downstream Markets
The US steel coil market remained tight Monday as lead times are now stretching into June and July and mill discipline continues to be iron-clad, market sources said. "They're a little flexible on volume, but it really depends on who ...
Tags: Steel Sheet, steel coil
Based on the US Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of April total ...
Transactions between US steel mills and ferrous scrap dealers remained in line Wednesday -- the tail end of the May buying period -- with price levels seen earlier in the period. Shredded scrap sales remaining $15/lt below April ...
Tags: Steel Mills, Scrap
The American Iron and Steel Institute (AISI) reported Friday that for the month of March 2014, US steel mills shipped 8,337,578 net tons, a 9.4 percent increase from the 7,618,380 net tons shipped in the previous month, February 2014, and a ...
Tags: Steel Mills, Steel