Steel Products Prices North America
Keystone XL Delayed By More Court Battles
Written by Sandy Williams
January 15, 2018
The Keystone XL pipeline faces another potential delay in its effort to finish construction through the U.S. Midwest. Nebraska landowners filed an appeal to the Nebraska Court of Appeals to contest the approval of the pipeline’s route through their state.
Landowners say the Nebraska Public Service Commission had no right to approve an alternative pipeline route instead of ruling on TransCanada’s preferred route. The environmental impact of the alternative route was never fully explored, they claim. Landowners are also concerned about losing property to eminent domain.
A fight over legal fees is also brewing in the Nebraska Supreme Court. Attorneys for Nebraska landowners have filed a lawsuit seeking compensation from TransCanada for legal fees and court costs incurred while fighting the company’s Keystone XL project and its eminent domain threats.
According to landowner attorney Dave Domina, his clients are owed $350,000 in legal fees for the 40-plus cases brought against the company.
“TransCanada doesn’t want the landowners to have money for ammunition,” said Domina, “We decided what we thought was a reasonable amount, we took that up with our landowners and they agreed.”
Attorney for TransCanada Jim Powers says the fee agreement was never offered and wants to see the evidence of a contract from the landowners’ attorney.
The appeal against the approved route and the legal fee battle are expected to delay the project by months.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products Prices North America
Domestic CRC prices surge ahead of imports
The price spread between stateside-produced CR and imports reached its widest margin in over a year.
Evraz raises plate prices $160/ton
Evraz North America (NA) has followed Nucor and SSAB with a plate price increase of its own: up $160 per short ton (st). The increase was effective immediately for all new orders of carbon, high-strength low-alloy, and normalized and quenched-and-tempered plate products, as well as for hot-rolled coil, the steelmaker said in a letter to […]
Nucor lifts HR coil to $820/ton
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week.
Nucor pushes HR spot price to $790/ton
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $790 per short ton (st) on Monday, Feb. 10 – a $15/st bump vs. last week. The Charlotte, N.C.-based company has raised its weekly CSP by $40/st over the past three weeks after maintaining tags at $750/st since Nov. 12, according to SMU’s […]
ArcelorMittal Dofasco increases spot sheet prices
ArcelorMittal Dofasco is raising spot sheet prices by CA$100 per ton (US$70/ton). The Hamilton, Ontario-based flat rolled steelmaker told customers the increase is effective immediately for all new orders. It did not specify to what level this brings its base prices but noted its right to re-quote previous but unconfirmed orders. “We will continue to […]