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Stainless Steel Spot Prices Remained Stable Thanks to a Series ...
Thu, 28 Apr 2022 00:00:00 GMT
Stainless steel spot prices in the Wuxi market remained stable today thanks to a series of policies released on Tuesday night. Futures prices rebounded owing to the bullish macro policies. However, the demand remained weak. The COVID-19 outbreak stuck the Wuxi market again where logistics just returned to normal, resulting in a panic in the market and closed-loop management in some areas. It is still unclear whether the market can usher in the centralised procurement before the May Day

Commercial Metals acquires Tensar Corp.
Wed, 27 Apr 2022 13:29:00 GMT
Commercial Metals Co., a fabricator of steel and metal products in Irving, Texas, has completed the acquisition of TAC Acquisition Corp. (Tensar) from Castle

USSK supply sufficient to meet demand: US Steel
Mon, 21 Mar 2022 00:00:00 GMT
US Steel says demand remains healthy for its Slovakian unit USSKs products amid the war in neighbouring Ukraine, and the firm has inventory on site or in-transit to continue meeting customer demand. Alternate sources of supply are underway to continue meeting demand as we closely monitor the rapidly changing geopolitical situation, US Steel says

A job shop for the creative brings in artwork orders from all ...
Sun, 13 Mar 2022 13:21:00 GMT
Micah Gregg of Alabama-based Drop Metal is a jack-of-all-trades designer and metal fabricator whose custom sign work has helped usher in a variety of jobs in all shapes and

US steel imports jump 43% in 2021; HRC shipments near double
Mon, 28 Feb 2022 00:00:00 GMT
Total US steel imports in 2021 climbed 43% year over year, with significan't increases seen in hot-rolled coil and Russian slab shipments, according to Commerce Department data released Feb. 25. The US imported 28.58 million mt of steel in the year, up from 20.03 million mt in 2020, marking the highest import volume since

U.S. Steel Breaks Ground on Arkansas Steel Mill
Tue, 22 Feb 2022 00:00:00 GMT
United States Steel Corp. broke ground in Osceola, Ark., on the companys next-generation highly sustainable and technologically advanced steel mill. According to U.S. Steel, the $3 billion steelmaking facility will be the most advanced in North America and largest private project in the history of Arkansas. The plant will be adjacent to U. S. Steels Big River Steel, and the two facilities will be known as Big River Steel Works. The facility is expected to bring 900 plant jobs to the area, a...

T&H Lemont ships duplex roll forming machine
Fri, 11 Feb 2022 11:18:00 GMT
T&H Lemont, Countryside, Ill., has shipped a new DH8-20 duplex roll forming machine to an existing customer in the southwestern U.S. for the production of various steel

US steel groups welcome TRQ deal with Japan
Tue, 08 Feb 2022 00:00:00 GMT
US steel industry organizations welcomed an agreement between the US and Japan Feb. 7 to replace the US 232 tariffs with a tariff-rate quota on imports of Japanese steel, set to take effect April 1. Under the terms of the deal, 1.25 million mt of Japanese steel across 54 product categories will be allowed

U.S. Steel Investment to Accelerate Industrial Automation
Tue, 01 Feb 2022 09:30:00 GMT
United States Steel and Carnegie Foundry, a robotics and AI studio, jointly announced a strategic investment and partnership. The two Pittsburgh-based companies will work to accelerate and scale industrial automation driven by advanced robotics and artificial intelligence (AI). Carnegie Foundry will use this investment to commercialize and scale its industrial automation portfolio of robotics and AI technologies in advanced manufacturing, industrial robotics, integrated systems, autonomous mobility, voice analytics and more.

U. S. Steel selects Osceola, Arkansas for most advanced steelmaking ...
Wed, 12 Jan 2022 00:00:00 GMT
United States Steel Corp. announced that its next-generation highly sustainable and technologically advanced steel mill will be located in Osceola, Arkansas, close to U. S. Steels cutting-edge Big River Steel

US steel groups focused on trade enforcement, decarbonization
Mon, 10 Jan 2022 00:00:00 GMT
Enforcing US trade laws and continuing decarbonization efforts in steelmaking are the top priorities for the US steel industry heading into 2022, according to the leadership of the two largest groups representing the industry. Potential changes to the Section 232 tariff program are of major concern as the US continues discussions with countries on alternative schemes to the tariffs in 2022. In October, the US reached an agreement with the EU to establish a tariff-rate quota, or TRQ, on steel

US steelmakers applaud replacement of EU tariffs with quotas
Tue, 02 Nov 2021 00:00:00 GMT
US steel industry groups expressed optimism in response to a deal made Oct. 30 between the US and EU replacing the formers 25% steel tariffs on European metal with a quota system. American Iron and Steel Institute CEO Kevin Dempsey said Oct. 30 the agreement will allow the US and EU to develop a

Number of U.S. Steel company reports: 12
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News headlines and business reports on US Steel.