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Tag: steelmakers
U.S. steelmakers complain China skirting steel plate duties
2015-05-01 21:53:11| Steel - Topix.net
U.S. steelmakers Nucor Corp and SSAB Enterprises said on Friday Chinese producers are circumventing import duties on steel plate and asked the U.S. Department of Commerce to intervene. In a filing dated May 1, the companies said Chinese producers were getting around anti-dumping duties on cut-to-length carbon steel plate by adding elements to class the plate as alloy.
Tags: china
steel
plate
duties
Indian Steelmakers Poised to Cut Prices on Flooding Imports
2015-02-03 11:12:04| Steel - Topix.net
Prices of hot-rolled steel, used to produce sheets, wheels, pipes and railway tracks, may fall by more than 4 percent this month to 32,500 rupees a metric ton, according to the average of six estimates compiled by Bloomberg from industry executives, government officials and analysts. Prices may not recover for a couple of quarters, unless the government acts to curb imports, they said.
Tags: prices
cut
indian
imports
Is This Steelmaker's Turnaround a Possibility?
2015-01-12 17:31:11| Steel - Topix.net
Brazilian iron ore miner Gerdau is worried about the challenging landscape in the steel industry. The company is struggling and is trading at its 52-week low on the stock market.
Tags: possibility
turnaround
steelmakers
Why U.S. Steelmakers Will Continue To Face Challenges In 2015
2014-12-30 14:35:02| Steel - Topix.net
South Korea has challenged the International Trade Commission's decision to impose import tariffs on the country's steel products. The development sparked a sell-off in steel stocks such as United States Steel, which had already been struggling amid a sharp pullback in oil prices.
Tags: continue
face
challenges
steelmakers
This Steelmaker's Strategic Improvements Are Catalysts
2014-12-19 01:37:58| Steel - Topix.net
Steel Dynamics recently announced third-quarter 2014 net sales of $2.3 billion as compared to net sales of $1.9 billion for previous year third quarter. Sales exceeded the Zacks consensus prediction of $2,115 million.
Tags: strategic
improvements
catalysts
steelmakers