USS Granite City HSM, downstream ops continue despite idling of steelmaking
U.S. Steel will continue to operate the hot strip mill and finishing lines at its Granite City Works in southern Illinois.
Tag: Pipe and Tube
OCTG producers form trade association to promote domestic industry
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.
October imports inch higher, but flat rolled at a six-month low
The increase in steel imports from September to October was higher than license applications had suggested earlier this month.
Friedman Posts Better Fiscal Q2 Results Despite Falling Steel Prices, Sees Better Times Ahead
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.
ITA Finds Evasion of P&T Duties Via Vietnam in Final Ruling
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's Q3 Earnings Up, But Sales Slide on Lower Metal Pricing
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 Purchases Black Diamond Pipe & Tube
Brown Strauss Steel has acquired Black Diamond Pipe & Tube Inc. of Peotone, Ill., just south of Chicago.
Northwest Pipe Q3 Results Down, Optimistic on Q4 Backlogs
Northwest Pipe reported declining third-quarter earnings but remains upbeat about its fourth-quarter performance.
Imports Fall in September, But Flat Rolled at Three-Month High
The decline in imports from August to September was more pronounced than license applications suggested earlier this month.
Olympic Steel Buys Arkansas-Based Central Tube & Bar
Olympic Steel has acquired Conway, Ark.-based Central Tube & Bar (CTB).
August Imports Down Again, Even Lower YoY
The drop in imports continued for the second straight month, in line with license applications and falling lower year on year (YoY).
Zekelman Industries Expanding ZI-Strut Line
Zekelman Industries has announced an expansion of its its ZI-Strut™ metal framing and accessories product line.
U.S. Steel Idling Granite City 'B' Furnace in Response to UAW strike
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 Plans Blytheville Restart, Acquires Houston Pipe Processor
Tenaris is planning to restart its operations in Blytheville, Ark.
July Imports Fall Back 15% From June’s 12-Month High
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).
Final Thoughts
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. […]
Steel Summit: Zekelman Talks Consolidation, Industry Dynamics
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.
Rig Count Drops Again in US, Edges Up in Canada
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
Final Thoughts
I am happy to announce that there are officially now more than 1,400 people attending SMU Steel Summit next week in Atlanta. That’s a new record for us, and I thank all of you for making it possible. I am also happy to say that Barry Zekelman, executive chairman and CEO of Zekelman Industries, will be joining us for the first fireside chat of Steel Summit on Monday, Aug. 21, at 3:40 pm ET.
Certain Vietnamese P&T Products Are Not Skirting Duties: Commerce
Certain welded pipe and tube products being exported from Vietnam to the US are not circumventing antidumping duties on Taiwanese pipe products, the US Department of Commerce said this week.
Commerce Department Updates Welded P&T Duties
The US Department of Commerce has updated antidumping duties on several welded pipe and tube products, according to Federal Register filings reviewed by SMU.
July Import Licenses Decline Dramatically
US steel imports look to have fallen significantly during the month of July, based off license data from the US Department of Commerce collected through July 31.
Russel Metals Sells TriMark Shares
Canadian metals distributor Russel Metals announced it is selling off 50% of its equity in TriMark Tubulars Ltd. to Japan’s Marubeni-Itochu Tubulars Ltd. (MITI).
Steel Groups Urge US-Made Material to Receive IRA Tax Credits
Five domestic steel trade associations wrote a letter requesting the government to ensure the use of US-made steel in certain components of wind and solar projects receiving federal funding. Addressing the letter to US Treasury Secretary Janet Yellen, the groups included the American Iron and Steel Institute (AISI), Steel Manufacturers Association (SMA), American Institute of Steel Construction (AISC), […]
Steel Groups Urge US-Made Material to Receive IRA Tax Credits
Five domestic steel trade associations wrote a letter requesting the government to ensure the use of US-made steel in certain components of wind and solar projects receiving federal funding. Addressing the letter to US Treasury Secretary Janet Yellen, the groups included the American Iron and Steel Institute (AISI), Steel Manufacturers Association (SMA), American Institute of Steel Construction (AISC), […]
SMU Community Chat: Barry Zekelman Shares His Journey in Steel
Barry Zekelman took over his father’s steel company at a young age, and subsequently turned it into an empire. Ahead of SMU’s Steel Summit 2023, Zekelman joined our Community Chat series to talk about goals for his business, what’s happening in the market, and the uniqueness of the steel industry. The owner of the largest […]
SMU Community Chat: Barry Zekelman Shares His Journey in Steel
Barry Zekelman took over his father’s steel company at a young age, and subsequently turned it into an empire. Ahead of SMU’s Steel Summit 2023, Zekelman joined our Community Chat series to talk about goals for his business, what’s happening in the market, and the uniqueness of the steel industry. The owner of the largest […]
Final Thoughts
I’ll dive into the latest sheet market trends in a moment. But first some big news: We’re less than a month away from the start of SMU’s Steel Summit in Atlanta! Nearly 1,100 people were registered to attend when I last checked on Friday. The pace of registrations has picked up, so we’ll probably be […]
Final Thoughts
I’ll dive into the latest sheet market trends in a moment. But first some big news: We’re less than a month away from the start of SMU’s Steel Summit in Atlanta! Nearly 1,100 people were registered to attend when I last checked on Friday. The pace of registrations has picked up, so we’ll probably be […]
Lock Joint Tube to Supply Solar Firm From New Texas Mill
Lock Joint Tube will supply steel tubing to solar energy company Array Technologies from a new mill in Texas.