Home / Tag Archives: US steel

Tag Archives: US steel

Feed Subscription

US steel exports in Aug 2015 nudge higher from July lows

The latest data released by the US government indicates that steel exports by the country edged higher in August this year, when compared with the previous month. However, the exports were down significantly when compared with a year before. The ...

Read More »

US mills steel shipments fell 2.1% in July

The most recent report released by the American Iron and Steel Institute (AISI)- the association of North American steel producers indicates that the US steel mill shipments dropped 2.1% during the month of July this year when compared with the ...

Read More »

US Steel to idle century-old Fairfield Works, Alabama Mill

US Steel Corp. has decided to idle its century-old Fairfield Works, Alabama Mill. The plant operations will come to an end on or before November 17th. SPOKANE (Scrap Monster):  Pittsburgh-based US Steel Corp. has announced its decision to permanently idle the ...

Read More »

Steel exports increased in June

Steel exports increased in June for the second month in a row,growing by 1.7 percent. The 885,191 net tons of exports were still nearly 15 percent below the June 2014 level, though. Canada, which accounts for about half of the ...

Read More »

US steel imports decrease in Jun

According to report of the American Iron and Steel Institute (AISI), the US’s steel imports for June totaled 2.77 million net tons, falling by 10% from a month ago. In the month, the US’s imports for semi-finished steel totaled 524,000 ...

Read More »

US Steel cutting value of its Canadian assets

US Steel is taking a hefty writedown on the value of its Canadian assets. In second quarter financial results reported lastw week, the company said it’s recording a non-cash, pre-tax charge of $255 million to reduce the value of its ...

Read More »

US Steel posts loss in Q2

It’s announced by the U.S. Steel officials that the worst global steel storm may have been spent, but the domestic steel and Minnesota’s iron ore industry will continue the challenging. The company reported a loss of US$261 million in the ...

Read More »

US Steel shipments decline 2.5% m/m in Apr

US steel mills have shipped 7,087,864 net tons of steel in April, declined 2.5% from the export of 7,270,793 net tons a month earlier and down 13.9% from the 8,235,096 net tons shipped in April 2014, according to latest data ...

Read More »

US Steel purchases eletcro galvanizing firm DESCO from AK Steel

United States Steel Corporation announced another strategic step in the company’s Carnegie Way transformation journey by completing the purchase of AK Steel’s interest in Double Eagle Steel Coating Company. The 700,000 ton electrolytic-galvanizing line will become part of the larger ...

Read More »

Energy and construction segement slowdown to hit US steel consumption

While the oil price crash led slowdown in energy sector is likely to hit demand of steel in US in 2015 with worldsteel forecasting consumption decline of 0.4% YoY, the weakness in construction segment which accounts for almost 40% of ...

Read More »
Scroll To Top