It’s reported that North American Stainless (NAS), AK Steel and ATI Allegheny Ludlum, the three major stainless producers in the US have all cut its alloy surcharges for stainless steel products for July. Also, the stainless ...
Ohio-based AK Steel forecasted that its shipments would be at around 1.34 million~1.36 million net tons in the second quarter of this year, up by around 4%~5% in comparison of 1.289 million net tons in the first quarter. Besides, the ...
Tags: Steel, Construction
It's reported that the US steelmakers announced to raise prices of steel flat products further recently. ArcelorMittal North America announced to hike its prices for spot hot rolled coils (HRC) to US$694/ton and increase its prices for spot ...
Tags: Construction, steel, Steel Flat
Outokumpu North America announced to cut its alloy surcharges for June after the major stainless steel producers including North America Stainless, AK Steel and ATI Allegheny Ludlum announced to cut its alloy surcharges earlier this week. ...
Tags: Outokumpu, Stainless Surcharges, June
West Chester, Ohio-based AK Steel announced Monday that Magnetation LLC, its joint venture with Magnetation, Inc., has successfully completed a $325 million senior secured note offering and has entered into a $50 million senior secured ...
Tags: AK Steel, Iron Ore, Magnetation
It's reported that AK Steel announced that it will keep developing higher value-added stainless markets. James Wainscott, the CEO of AK Steel said that a lot of what they're targeting is really the pure commodity-type business. He pointed ...
Tags: Stainless, Metallurgy, Mineral, Energy
It's reported that Ohio-based AK Steel posted a net loss of US$9.9 million for the first quarter of this year, in comparison of a net loss of US$230.4 million in the fourth quarter of 2012. Meanwhile, AK Steel reported sales of US$1.37 ...
Tags: Steel, Metallurgy, Mineral, Energy
West Chester, Ohio-based flat rolled steelmaker AK Steel reported Tuesday a net loss of $9.9 million for Q1 2013, compared to a net loss of $11.8 million in Q1 2012. This also compares to a net loss of $230.4 million, or an adjusted net ...
Tags: AK Steel, Net Loss, Carbon Spot Market
On April 22, the world's largest steelmaker ArcelorMittal announced that in defense of its patent rights it filed complaints before the District Court of Delaware, US on April 16 to demonstrate that AK Steel, Severstal North America (SNA) ...
Tags: Arcelormittal, AK Steel, Mineral
It's reported that AK Steel announced to raise its base prices for all 200, 300 and 400 grades flat-rolled stainless steel products, effective with shipments on May 6th, 2013. It's known that the company will increase the base prices by ...
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's reported that the major stainless producers in the US, including AK Steel, Allegheny Technologies Inc and North American Stainless have announced to cut alloy surcharges for April. The average alloy surcharges for 304 grade coils for ...
Tags: Metallurgy, Mineral, Energy, steel
Severstal announced Monday that the US Court of Appeals for the Federal Circuit denied ArcelorMittal's request for a rehearing in the matter relating to its aluminum coated steel sheet for hot stamping. The Court of Appeals let stand the ...
Tags: Steel, steel sheet, coated steel sheet
It’s reported that AK Steel announced to cut its alloy surcharges for stainless steel products for April. After the adjustment, the company’s alloy surcharges for 304 grades are at US$0.7686/lb., falling by 5.1% from ...
West Chester, Ohio-based flat rolled steelmaker AK Steel Friday provided guidance for its Q1 2013 financial results. AK Steel expects to incur a net loss of between $0.09 and $0.13 per diluted share of common stock for Q1 2013, an ...
Tags: Metallurgy, Mineral, Energy, steel