January imports rally to a seven-month high
January’s import level was even higher than an earlier license count had suggested, making it the highest month for imports since June 2023.
January’s import level was even higher than an earlier license count had suggested, making it the highest month for imports since June 2023.
Domestic prices have been sliding since the beginning of the year, and I don’t see any obvious reasons why the slide might stop this week. But let’s put the timing of a bottom aside for a minute. The question among some of you seems to be whether we’ll see another price spike, or at least a “dead-cat bounce,” before the typical summer doldrums kick in.
Olympic Steel said it's open to future acquisitions in all three of its business segments.
Olympic Steel’s earnings jumped in the fourth quarter, even as the company dealt with "significant" price volatility in hot rolled for full-year 2023.
Bull Moose Tube Co. (BMT) is now offering jumbo hollow structural sections (HSS) in the US market.
The recession many predicted did not materialize in 2023, leading industry experts in several key end-user markets for steel cautiously optimistic for 2024.
December’s import level was slightly lower than an earlier license count had suggested, resulting in December marking the second-slowest month for imports in 2023.
Active rigs in the US dipped slightly this week, while Canada's count increased for the second consecutive week, according to Baker Hughes.
The US Department of Commerce will likely be lowering the antidumping duty (AD) rates on imports of welded steel pipe from the UAE.
After falling in November, steel imports appear to have bounced back to a five-month high in December.
November’s preliminary count shows US imports falling, but to a lesser degree than an earlier license count had suggested, according to the latest government figures.
The International Trade Commission (ITC) made its final injury determination in a sunset review of import duties on circular welded pipe from a handful of countries.
U.S. Steel will continue to operate the hot strip mill and finishing lines at its Granite City Works in southern Illinois.
Six US manufacturers of oil country tubular goods (OCTG) have come together to establish a Washington, D.C.-based trade association to promote the domestic industry.
The increase in steel imports from September to October was higher than license applications had suggested earlier this month.
Friedman Industries was hit by falling steel prices in its fiscal 2024 second quarter ended Sept. 30, 2023, but anticipates improvement in its financial results for the remainder of the fiscal year.
Certain welded steel pipe and tube products being exported from Vietnam to the US have, in fact, been illegally evading the payment of import duties, a US government agency announced this week.
Olympic Steel’s earnings edged up in the third quarter vs. a year earlier, though sales declined due to lower metal pricing, the Cleveland-based metals service center said.
Brown Strauss Steel has acquired Black Diamond Pipe & Tube Inc. of Peotone, Ill., just south of Chicago.
Northwest Pipe reported declining third-quarter earnings but remains upbeat about its fourth-quarter performance.
The decline in imports from August to September was more pronounced than license applications suggested earlier this month.
Olympic Steel has acquired Conway, Ark.-based Central Tube & Bar (CTB).
The drop in imports continued for the second straight month, in line with license applications and falling lower year on year (YoY).
Zekelman Industries has announced an expansion of its its ZI-Strut™ metal framing and accessories product line.
U.S. Steel said on Monday it plans to temporarily idle blast furnace ‘B’ at its Granite City Works near St. Louis. The Pittsburgh-based steelmaker said it made the move in response to the United Auto Workers (UAW) union strike against “Big Three” automakers Ford, General Motors, and Stellantis. “Following the announcement of UAW strike actions, […]
Tenaris is planning to restart its operations in Blytheville, Ark.
The drop in imports from June to July was not as steep as license applications had suggested, but imports were still down both month on month (MoM) and year on year (YoY).
I learned a lot at Steel Summit this year. More than I can do justice to in one column. Below are four things that have stayed with me after the conference closed on Wednesday afternoon. Another, as I highlighted earlier this week, was electricity – who gets it, and which energy sources we use. 1. […]
Barry Zekelman, executive chairman and CEO of Zekelman Industries, joined SMU managing editor Michael Cowden in a fireside chat to close out the 2013 Steel Summit’s opening day.
Active rig counts in the US inched down again this week, while Canadian rigs ticked up, according to to the latest data from oilfield services company Baker Hughes