US steel sheet pricing remained relatively static Monday as buying remained thin and market observers fixed their attention on the recently concluded purchase of ThyssenKrupp's former Calvert, Alabama, mill. The mill's purchase by ...
Tags: Steel Sheet, Mineral
Global steelmaker ArcelorMittal has announced that, together with Japan-based Nippon Steel & Sumitomo Metal Corporation (NSSMC), it has completed the acquisition of ThyssenKrupp Steel USA, a steel processing plant in Calvert, Alabama, ...
Tags: Thyssenkrupp Steel, ArcelorMittal
Following a review of the current situation and delays in commencement of production, Wales-based hot rolled coil (HRC) producer MIR Steel (formerly known as Alpha Steel) has announced that some of the workforce have been placed on ...
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Wednesday that the US imported a total of 3,172,000 net tons (nt) of steel in January 2014, including 2,409,000 nt of finished steel (up 26.6 ...
Tags: Steel Imports, finished steel, Mineral
According to industry statistics, in 2013 China's common wire rod exports reached 27,274 mt, up 1.02 percent, its hot rolled stainless steel wire rod exports amounted to 84,927 mt, up 17.10 percent, hot rolled alloy wire rod exports totaled ...
Tags: Wire Rod Imports, Mineral
In December last year, Japan's hot rolled plate and sheet shipments decreased by 11.34 percent compared to November and were down 1.63 percent on year-on-year basis, amounting to 829,474 metric tons. 73 percent of shipments were made to the ...
Tags: HR Steel Strip, Mineral
In January this year, Germany's crude steel output increased by 2.2 percent year on year to 3.7 million metric tons, rising by 5.8 percent compared to December, according to the information provided by the German steel federation ...
Tags: Crude Steel, Mineral
German plantmaker SMS Siemag has announced that it will modernize coiler No. 3 at the hot strip mill No. 2 of Chinese steelmaker Wuhan Iron & Steel (WISCO) to enable the coiler to wind hot rolled strip with a higher strength and in greater ...
Tags: High-Strength Steel, Mineral
Jiangsu Province-based Chinese steelmaker Shagang Group has announced that it plans to construct bonded warehouse facilities as well as shearing facilities in Jiulong Steel Logistics Park in Jiangsu. Accordingly, Shagang Group will invest ...
Tags: Shagang, steelmaker
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
Russian steelmaker Novolipetsk Steel(NLMK)has stated that in January this year it shipped around 208,000 mt of hot rolled flat steel products,down eight percent month on month,including 102,000 mt of products for export and 106,000 mt for ...
Tags: steelmaker, Metallurgy, steel
Chinese steelmaker Bayi Steel's 1750 hot rolled unit has successfully rolled high-quality X80 pipeline steel which meets a high technical standard. X80 pipeline steel, a grade of steel plate with high strength and high corrosion ...
Tags: Steel, Metallurgy, Mineral
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