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ASTM presents Award of Merit to Michael Gold

April 25, 2011

ASTM Intl. Committee A01 on Steel, Stainless Steel and Alloys, W. Conshohocken, Pa., has presented consultant Michael Gold of Gold Metallurgical Services LLC, North Benton, Ohio, with the ASTM Award of Merit. The Award of Merit, which includes the accompanying title of fellow, is ASTM's highest...

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Timken to increase capacity across steel plants

April 19, 2011

The Timken Company will increase its annual steelmaking capacity by 120,000 tons across its steel manufacturing facilities in Canton, Ohio. The company is achieving this boost through a series of improvements at its Harrison Steel Plant that build upon and further leverage the $60 million...

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HRB pricing momentum stalls; China up, U.S., World, & Western Europe down

April 13, 2011

The bi-monthly SteelBenchmarker™ Chinese HRB ex-works price for April 11 rose 3.6 percent to $628 per ton for the second consecutive rise. The United States HRB spot price slipped 0.1 percent to $969 per metric ton, FOB the mill, after rising nine consecutive times. The World export HRB price...

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Macsteel Service Centers expands with Florida facility

April 12, 2011

Macsteel Service Centers USA, Newport Beach, Calif., has expanded its business operations in the Southeast with the opening of a new, 60,000-sq.-ft. distribution center in Lakeland, Fla. The facility, which will service the state of Florida, stocks ERW pipe in Grades A, B, and seamless. Future...

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Bushwick Metals promotes three executives

April 12, 2011

Bushwick Metals LLC, Bridgeport, Conn., a distributor of carbon steel, HSLA steel, stainless steel, and specialty products, has announced the promotion of three executives. Gary Magnotti has been promoted to vice president of finance/controller. In this position, he oversees accounting, human...

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Marmon/Keystone promotes value-added manager, adds equipment

April 5, 2011

Marmon/Keystone has appointed Ryan Burdette to the position of value-added manager, based out of the company's Norcross, Ga., branch. He covers the Florida, Georgia, and eastern Tennessee markets. Burdette joined the company in 2007 and since has advanced through multiple positions, most recently...

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HRB prices keep pushing ahead

March 31, 2011

The bi-monthly SteelBenchmarker™ Chinese HRB ex-works price for March 28 rose 2.2 percent to $606 per ton after declining two consecutive times. The Western European HRB price rose 1.7 percent to $852 per ton (on a Euro basis, it rose 0.3 percent), ex-works, for the eighth consecutive increase....

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HRB prices rise in U.S. and Western Europe, fall elsewhere

March 16, 2011

The bi-monthly SteelBenchmarker™ United States HRB spot price for March 14 rose 2.8 percent to $958 per metric ton, FOB the mill, for the eighth consecutive increase. The Western European HRB price rose 2.8 percent to $838 per ton (on a Euro basis, it rose 2.2 percent), ex-works, for the seventh...

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Ryerson acquires Singer Steel

March 15, 2011

Ryerson Inc., a distributor and processor of metals in North America and China, has announced that it has acquired Singer Steel Company, a value-added flat rolled steel processor based in Streetsboro, Ohio. Terms of the transaction were not announced. "This acquisition represents another step in...

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Steel Market Update reports on Japanese steel mills & manufacturing affected by earthquake

March 14, 2011

Steel Market Update has researched the status of various steel mills and manufacturing facilities in Japan that have been affected by the earthquake and tsunami that hit the country on March 11. A report by John Packard posted on steelmarketupdate.com said that "according to a Saturday news report...

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TMK IPSCO upgrades facility in Wilder, Ky.

March 9, 2011

Pipe producer TMK IPSCO is making a number of investments at its facility in Wilder, Ky., intended to improve operational efficiency and add value for its oil and gas industry customers. The company's most significant investment in Wilder will be the installation of a thread shop, for which the...

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Kennametal raises more than half-million dollars for United Way

March 8, 2011

Latrobe, Pa.-based Kennametal Inc. has announced that it raised more than $570,000 in support of the United Way and its agencies during the company's 2010 United Way Campaign. Of the total, $328,488 was pledged by more than 900 employees throughout Kennametal facilities nationwide. More than...

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Nucor announces ground breaking in St. James Parish project; names facility general manager

March 7, 2011

Nucor Corp. announced today that it has broken ground on its direct reduced iron (DRI) making facility that will be located in St. James Parish, Louisiana. The company's Chairman and Chief Executive Officer, Dan DiMicco, spoke at the event, alongside Governor Bobby Jindal and Economic Development...

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Marmon/Keystone opens hot-rolled seamless tubing depot on West Coast

March 7, 2011

Marmon/Keystone LLC, Butler, Pa., has added a hot-rolled seamless tubing depot at its Los Angeles branch. This new inventory supplies customers in California, Oregon, Washington, Arizona, and Utah. The new depot stocks the sizes of hot-rolled seamless tubing that previously had been shipping out...

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HRB spot prices up in U.S., Western Europe, down elsewhere

March 2, 2011

The bi-monthly SteelBenchmarker™ United States HRB spot price for February 28 surged 3.9 percent to $932 per metric ton, FOB the mill, for the seventh consecutive increase. The Western European HRB price rose 1.6 percent to $815 per ton (on a Euro basis, it slipped 0.5 percent), ex-works, for the...

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