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Low Prices Drive Down Essar Steel Algoma's First-Quarter Earnings

28 Aug 2015 - Essar Steel Algoma Inc. posted a CAD$28.9 million operating loss in the first quarter of its fiscal year on account of low prices, the Canadian steelmaker reported.

EU Imposes Duties on Steel From China, Taiwan

28 Aug 2015 - The European Union officially has slapped a 25.3 percent anti-dumping duty on Chinese stainless steel cold rolled flat products, Eurofer, The European Steel Association, has announced.

South Africa Introduces Tariff on Imported Steel, But With Conditions

28 Aug 2015 - South Africa's trade and industry minister has approved a 10-percent protective tariff on certain steel products, looking to shield domestic steelmakers from Chinese imports.

Leeco Steel Preparing To Open New Midwest Distribution Center

28 Aug 2015 - Plate distributor Leeco Steel LLC expects to open a new center in South Dakota, USA, in October, according to the Sioux Falls Business Journal.

Austrian Strip Mill Places Order For Primetals' Eco Slide discs

28 Aug 2015 - Primetals Technologies has won an order to outfit two coilers at an Austrian strip mill with side guiding beams and its Eco Slide wear discs, the company has announced.

voestalpine CEO: China Plant Construction Might Be Delayed

26 Aug 2015 - Austria's voestalpine might be hitting the pause button on plans to build a specialty steel mill in China, although it remains interested in expanding operations there, according to a Reuters interview with CEO Wolfgang Eder.

With Import Protections In The Offing, SAIL Considers Price Hike

26 Aug 2015 - Anticipating the imposition of a 10 percent protective duty on steel imports, Steel Authority of India Ltd. may raise prices early next month, according to Bloomberg TV India.

Tata Steel Halting Production at U.K. Strip Mill; 250 Jobs To Be Lost

26 Aug 2015 - Tata Steel's U.K. strip steel division is idling parts of a Welsh mill, blaming a surge of unfairly traded imports.

TMK Profits Rise In Spite of Declining Shipments

25 Aug 2015 - Oil country tubular goods manufacturer OAO TMK saw its shipments decline 6 percent in the first half of 2015, largely on account of persistently low oil prices in the U.S. and the resulting slowdown in drilling, the company reported.

South Africa Expected To Impose Steel Tariffs

25 Aug 2015 - Heeding calls from labor groups and its steel industry, South Africa is planning to impose a 10-percent tariff on steel imports, according to Reuters.

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