US Steel Corp. confirmed Monday that it will lay off workers at its Lorian Tubular Operations plant in Ohio, although the brief statement did not indicate how many workers would be affected or when the layoffs would be implemented. ...
Tags: Tubular Plant, Mineral
US raw steel production edged up last week, as the industry's capability utilization rose to 77%, according to the American Iron and Steel Institute. The 77% capability utilization during the week ended Saturday, February 15, was up from ...
Tags: Steel Industry, raw steel
The American Iron and Steel Institute (AISI) reported Tuesday that for the month of December 2013, US steel mills shipped 7,632,629 net tons, a 0.4 percent increase from the 7,604,428 net tons shipped in the previous month, November 2013, ...
Tags: Metallurgy, Mineral, Energy, Steel
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 January total 3,080,000 ...
Tags: Steel Import, Steel, Mineral
US raw steel production climbed 1.9% last week on robust growth in Southern steel output, American Iron and Steel Institute data published Monday showed. In the week ended Saturday, US mills produced 1.839 million st, up 1.9% from the ...
US sheet steel prices are turning lower, sources said Thursday, due to a combination of lackluster demand, import concerns, and a slight weakening of discipline at the mill level. Platts lowered its hot-rolled coil assessment from ...
Tags: Steel Sheet, Weak Demand
United States Steel Corporation (US Steel) has reported a net loss of $122 million for the fourth quarter of 2013, compared to a net loss of $50 million in the same quarter of 2012. Adjusted net income for the fourth quarter of 2013 was $38 ...
Tags: Net Loss, US, Steel Corporation
US Steel Canada, a subsidiary of United States Steel Corporation, announced Friday several management appointments effective February 1, 2014. Anton Jura, who currently serves as president and general manager of US Steel Canada, will ...
Tags: US Steel Canada, Slovak steel, McQuade
Steel exports declined in November by 17.1 percent compared to October, according to a report from the American Institute for International Steel based on government reporting. “The large decline in steel exports in November was ...
Tags: Steel Exports, Mineral
According to data released by the US Department of Commerce (DOC), the country's imports of steel products totaled 2.344 million tons in November, falling by 16.7% from a month ago and decreasing by 4.9% year on year. In November, the US's ...
Tags: Construction, Steel
The American Iron and Steel Institute (AISI) reported Thursday that for the month of November 2013, US steel mills shipped 7,604,428 net tons, a 9.0 percent decrease from the 8,287,553 net tons shipped in the previous month, October 2013, ...
Tags: Steel Mill, Steel, Metallurgy, Mineral, Energy, Iron
US Coast Guard officials confirmed that a Great Lakes freighter hauling iron ore to US Steel's Gary Works mill rear-ended a US Coast Guard ice-breaker on that was cutting a path through the frozen surface of Lake Michigan on Sunday. No ...
Tags: Steel, Steel News, Iron Ore Freighter
According to the statistics, the United States imported 2,584,000 tons of steel in November, 2013, dipped by 16.7% and the year to date total amount is 29.63 million in 2013, down by 4% compared with the same period of time previous year. ...
Tags: Steel, Metallurgy, Mineral, Energy
American steel wire producers have postponed their price increases due to Christmas. However, they are going to hike the price by around US$11/ton after reopening steel market. The US producers expect the price of order could soar up by ...
Tags: Steel Wire, Mineral
Reportedly, the major steelmakers in the US, Nucor, ArcelorMittal and NLMK have announced to raise its steel sheet prices. The three companies set a minimum spot base prices of US$700/short ton for hot rolled coils and US$810/short ton ...
Tags: steel, metallurgy