Steel News

Updated Steel Mill Maintenance in Fourth Quarter

Thursday, October 05, 2017 2:44 PM

Updated Steel Mill Maintenance in Fourth Quarter

In an effort to keep our readers as up to date as possible, we are adding some information to the steel mill maintenance schedule that we originally produced last week. The table did not change, but we did receive information from Arcel..........

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Judge Terminates Part of U.S. Steel's Section 337 Claim

Wednesday, October 04, 2017 6:33 PM

Judge Terminates Part of U.S. Steel's Section 337 Claim

U.S. Steel's Section 337 petition took another blow this week when Administrative Law Judge Dee Lord terminated the trans-shipment claim that accused China of misrepresenting country of origin on steel imports.

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AIIS: Terminate Section 232

Wednesday, October 04, 2017 3:02 PM

AIIS: Terminate Section 232

The American Institute for International Steel, representing 120 companies supporting 1.2 million jobs in the steel-using sectors and 84,000 direct and indirect jobs in the marine transportation system, READ MORE...


Governor Approves Chippewa to Take Over Essar Steel Minnesota

Wednesday, October 04, 2017 1:28 PM

Governor Approves Chippewa to Take Over Essar Steel Minnesota

Governor Mark Dayton expressed his support of Chippewa Capital Partners to revive the Essar Steel Minnesota iron ore mining site. In an open letter to people on the Iron Range, Dayton said Chippewa has satisfied its obligations under th..........

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Cleveland Cliffs Expands Pellet Capacity

Wednesday, October 04, 2017 12:14 PM

Cleveland Cliffs Expands Pellet Capacity

Cleveland Cliffs is now complete owner of Tilden Mining Company located in Ishpeming, Mich. Cliffs purchased U.S. Steel's 15 percent equity interest in the mine for $105 million.

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Final Thoughts

Wednesday, October 04, 2017 12:00 PM

Final Thoughts

It's 10 PM and I am on a flight back to Florida having spent the last three days in Fort Wayne, Ind. We hosted one of the largest Steel 101 workshops in our history and the workshop went well. We spent Wednesday going over the classroom..........

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SMU Price Ranges & Indices: Prices Drifting

Tuesday, October 03, 2017 10:08 PM

SMU Price Ranges & Indices: Prices Drifting

Flat rolled steel prices continue to "drift," with some items drifting lower, some staying the same and cold rolled actually increasing by $5 per ton. One commercial officer at a steel mill told SMU that in his view the range has shrunk..........

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CPIP Data: Construction Growth Slows

Tuesday, October 03, 2017 9:24 PM

CPIP Data: Construction Growth Slows

Total construction expenditures contracted in the three months through August year over year for the first time since November 2011, according to August data for construction put in place (CPIP) released by the Department of Commerce on..........

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August Raw Steel Production at 2.5-Year High

Tuesday, October 03, 2017 8:48 PM

August Raw Steel Production at 2.5-Year High

Total raw steel production for the month of August was 7,824,820 net tons, with 5,344,663 tons produced by electric arc furnaces (EAFs) and 2,480,157 tons produced by blast furnaces. This is the highest monthly production figure seen si..........

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Weekly Steel Production Down

Tuesday, October 03, 2017 8:00 PM

Weekly Steel Production Down

U.S. raw steel production totaled 1,706,000 net tons in the week ended Sept. 30, a 7.2 percent increase from the same period last year, but down 0.8 percent from the prior week. The mill capability utilization rate for the Sept. 30 week..........

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