The US Department of Commerce (DOC) announced Wednesday the initiation of administrative reviews of antidumping (AD) and countervailing duty (CVD) orders with a March anniversary date. The DOC initiated the following administrative ...
Tags: Stainless Bar, Pipes
It’s reported that the major steelmakers in the US, including Nucor, Commercial Metals Company and Gerdau North America recently announced to cut prices for section steel products by US$20/short ton. It’s known that the ...
Tags: Steelmakers, Steel Products
It’s reported that the Brazilian steelmakers including Gerdau, ArcelorMittal Brasil and Votorantim Siderurgia have all announced to raise rebar prices by 6% for April. It’s known that the ex-factory prices of rebar increased ...
Tags: Steelmakers, Rebar Prices
According to report, Brazil’s steel mill announced the domestic steel price will be stable after the twice price increases since the beginning of 2013. HRC prices are around BRL1, 750~1,830/ton, as CRC is offered around RBL ...
Tags: Mineral, Steel Flat Prices, Metallurgy
It is reported that Brazilian steelmaker Gerdau will begin to operate its new flats mill in the southeastern state of Minas Gerais in April this year. However, the company has not disclosure the specific date to start the operation at this ...
Tags: steel, Metallurgy, Mineral, Energy
An independent research study commissioned by the Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), revealed 65 percent of decision makers at Fortune 500 consumer product companies ...
Tags: Packaging, Printing, steel, consumer packaged goods
It is reportedly that giant steelmaker of long product Gerdau announced this week that they acquired the remaining stake of its joint venture partner Kalyani Steels at its first plant in India's Andhra region. The plant has an installed ...
Tags: Metallurgy, Mineral, Energy, steel
Gerdau announced Monday the company's majority ownership of its first plant in Asia at Tadipatri, Ananthpur District, Andhra Pradesh, India and change of the operation name from Kalyani Gerdau to Gerdau. In 2007, Gerdau entered into a ...
Tags: Gerdau, Metallurgy, Mineral
It’s reported that most of the major steelmakers in the US have announced to raise the prices of steel long products by US$25/short ton for April. Nucor informed its customers that the company will raise the prices for rebar, ...
Tags: steelmakers, Steel Longs Prices, Steel
It’s reported that Gerdau Long Steel North America announced to raise its prices for all grades and qualities wire rod except cold-heading quality and welding grades by US$35/short ton for April shipments. Earlier, Nucor ...
Tags: Long Steel, wire rod prices, wire rod
During the speakers' forum at the Port of Tampa 24th Annual Steel Conference on March 1, Patrick McCormick, Managing Partner with World Steel Dynamics, explained that in recent years, scrap demand has been relatively flat--and during ...
Tags: Steel Conference, Steel, scrap prices
Brazil-based steel producer Gerdau SA has reported its financial results for the fourth quarter and the full year 2012. In the fourth quarter, the net profit of the company was R$142 million ($72 million), down 70 percent compared to the ...
Tags: net profit, Gerdau, steel producer
Demand is stable, prices are decent, and struggling end-use sectors seem to be on the rebound, yet the US long product market remains relatively stagnant. Speakers at SteelOrbis' annual Rebar & Wire Rod Conference in Las Vegas on February 4 ...
Tags: Rebar, Wire Rod, Colakoglu Steel
National news sources reported Wednesday that on Friday, Gerdau plans to lay off about 31 steel workers from its St. Paul, Minnesota steel mill that is currently undergoing a $50 million renovation. A company spokesman was quoted as saying ...
Tags: steel mill, steel workers, steel industry
Reportedly, Ohio-based Timken said that the company has planned to retain of new SBQ production capacity scheduled in the US at the moment. Currently, the company has already spent approximately US$225 million to boost its ...