Steel News

Autumn Boost Expected by Metalformers

Wednesday, September 27, 2017 2:55 PM

Autumn Boost Expected by Metalformers

Autumn is expected to bring stronger economic activity and more work for metalforming companies, according to the latest survey by the Precision Metalforming Association.

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Final Thoughts

Wednesday, September 27, 2017 12:00 PM

Final Thoughts

We have a busy issue this evening, so I will keep my final thoughts brief.

Next week I will be in Fort Wayne, Ind., as we conduct one of our Steel 101: Introduction to Steel Making and Marketing Fund..........

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SMU Price Ranges & Indices: Prices Slowly Retreating

Tuesday, September 26, 2017 10:07 PM

SMU Price Ranges & Indices: Prices Slowly Retreating

When asked to comment on spot flat rolled steel prices this week, the president of a medium-sized service center told SMU, "Drifting. Demand seems down." He went on to report that even with AK Steel and ArcelorMittal reporting extending..........

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Trading Companies Swear Flat Rolled Imports Will Drop

Tuesday, September 26, 2017 9:12 PM

Trading Companies Swear Flat Rolled Imports Will Drop

One of the surprises over the past year has been the amount of foreign steel imports still arriving in the United States despite antidumping (AD) and countervailing duties (CVD), a Section 337 complaint, a circumvention complaint and th..........

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U.S. Raw Steel Production Down Last Week

Tuesday, September 26, 2017 7:53 PM

U.S. Raw Steel Production Down Last Week

U.S. raw steel production totaled 1,720,000 net tons in the week ending Sept. 23, an 8.1 percent increase from the same period last year, but down 1.4 percent from the prior week. The mill capability utilization rate for the week avera..........

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Storms Cloud the Visibility for Scrap

Tuesday, September 26, 2017 6:36 PM

Storms Cloud the Visibility for Scrap

Pictures of countless cars and trucks submerged in Houston floodwaters and homes shattered by high winds in the Southeast have the worth of a thousand words in describing the destruction from Hurricanes Harvey and Irma. What they say ab..........

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New Home Sales Slide in August

Tuesday, September 26, 2017 6:09 PM

New Home Sales Slide in August

New home sales slipped again in August after tumbling 9.4 percent in July, according to the latest report by Commerce. Sales of new single-family homes fell 3.4 percent from the previous month to a seasonally adjusted annual rate of 560..........

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Chinese Iron Ore, Scrap, Flat Rolled Data for August

Tuesday, September 26, 2017 5:35 PM

Chinese Iron Ore, Scrap, Flat Rolled Data for August

Chinese steel trade data was recently released for the month of August 2017, providing updated data on iron ore imports, scrap imports, and flat rolled imports and exports. Chinese imports of iron ore in August were 88,660,000 metric to..........

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U.S. Steel, Kobe to Expand PRO-TEC Galv Line

Tuesday, September 26, 2017 3:02 PM

U.S. Steel, Kobe to Expand PRO-TEC Galv Line

U.S. Steel and Kobe Steel announced plans to expand the galvanizing line at their joint venture PRO-TEC Coating Co. in Leipsic, Ohio.

Construction will begin in the fourth quarter on a new continuous..........

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Rules of Origin on Agenda for NAFTA Talks

Tuesday, September 26, 2017 2:39 PM

Rules of Origin on Agenda for NAFTA Talks

U.S. content in NAFTA automobiles is shrinking and contributing to the trade deficit America has with Canada and Mexico, according to Secretary of Commerce Wilbur Ross.

In an editorial for the Wa..........

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