October 2012

US Steel keeps an eye on South Korean flat rolled, tubular goods imports

US Steel Corp is keeping a close eye on imports of flat-rolled and tubular products, particularly from South Korea, and may file a trade complaint if it deems it necessary, company executives said.

US Steel keeps an eye on South Korean flat rolled, tubular goods imports

US Steel Corp is keeping a close eye on imports of flat-rolled and tubular products, particularly from South Korea, and may file a trade complaint if it deems it necessary, company executives said.

HRC import prices into Gulf static on lack of activity

Import prices for hot rolled coil (HRC) into the Gulf region have remained unchanged over the past week, although South Korean producers are pushing for increases, market sources told Metal Bulletin sister publication Steel First.

US Steel's tubular segment reports Q3 2012 profit

US Steel’s tubular segment was profitable in the third quarter of 2012 but faced increasing pricing pressure from high inventories of oil country tubular goods (OCTG) and continued high levels of OCTG imports, John Surma said in a financial results press release on Tuesday, October 30.

HRC import prices into Gulf static on lack of activity

Import prices for hot rolled coil into the Gulf region have remained unchanged over the past week, although Korean producers are pushing for increases, market sources told Steel First.

US Steel reports Q3 2012 net income of $44m

US Steel remained profitable in the third quarter of 2012, but warned that fourth quarter results could suffer due to continuing economic uncertainty in the USA and abroad.

ALACERO: Venezuela's steel exports to surge in 2013

Venezuela’s finished steel exports are expected to triple to more than a million tonnes in 2013, as state-owned steel producer Sidor ramps up output.

INTERVIEW: Donetskstal to target Europe, Middle East after EAF launch, sales chief says

Ukraine-based Donetskstal closed its open-hearth production earlier this year, and is to launch a 1.5-million tonne electric arc furnace (EAF) complex in April next year.

Focus on flats drove Tata sale of Dutch distributor

A focus on flat products was the key reason for Tata Steel's sell-off of its Dutch construction steel distributor Vlietjonge, a spokesman for Vlietjonge told Steel First on Wednesday October 31.

Fiat forecasts lower demand in EMEA market in 2013

Italian automaker Fiat has forecast declining demand for its vehicles in the European market for at least the next year, due to the poor economic situation on the continent.