Chinese steel futures fall as demand weakens
  Release time: 2017/12/28 18:13:00
The most active rebar contract on the Shanghai Futures Exchange dropped 3 percent to close at 3787 yuan($578.54)a tonne.The physical market sales were not good, and prices kept falling...many steel mills cut pri...

Drilling planned at U.S. Steel's Edgar Thompson mill
  Release time: 2017/12/28 18:07:00
Merrion Oil and Gas will locate six wells on a single drilling pad in North Versailles, said Ryan Davis, Merrion's operations manager.He said the company hopes to drill by the third quarter of.Steel would receiv...

China's steel export price hits near four-year high
  Release time: 2017/12/20 17:32:00
Despite a 30.4-percent year-on-year drop in steel exports to 64.49 million tons in the ten-month period, revenues from the exports only shrank 0.3 percent to nearly$45.2 billion.This reflected improvement in bot...

US Steel Investors Need To Know About A Catalyst Coming In January
  Release time: 2017/12/18 17:20:00
bears on Wall Street finally changed his tune this week, upgrading the stock from Sell to Hold.On Friday morning’s PreMarket Prep, Axiom analyst Gordon Johnson said U.Steel has a major catalyst coming in Januar...

Tokyo Steel to raise product prices for a second month in Jan
  Release time: 2017/12/18 17:19:00
Prices for steel bars, including rebar, will increase by 3000 yen($26.63), or 4.6 percent, to 68000 yen a tonne, while prices for U-shaped steel-sheet piles will rise by 3000 yen, or 3.1 percent, to 99000 yen a ...

Export tax on steel products to be removed
  Release time: 2017/12/18 17:09:00
Currently the export tax on steel products is 15 percent, and for high-value steels it is 10 percent.Export tax for some goods, including coal tar, wood chip and billet steel, will be reduced next year, the mini...

Ukraine 2017 steel output seen down 12 pct at 21.3 mln T -union
  Release time: 2017/12/15 17:54:00
Output of rolled steel could fall 14 percent to 18.5 million tonnes, while pig iron production is likely to decrease by 15 percent to 20.0 million tonnes, the union said in a statement .

U.S. Steel didn't test Lake Michigan tributary after chemical spill
  Release time: 2017/12/15 17:53:00
The Oct.25 spill happened at a U.Steel plant in Portage, Ind., near the Indiana Dunes National Lakeshore.A wastewater system malfunction led to the release of nearly 57 pounds of hexavalent chromium-almost doubl...

ArcelorMittal to make auto steel in India in 3 years as car output boom...
  Release time: 2017/12/15 17:49:00
Steel Authority of India Ltd has approved entering into a"non-binding"agreement of terms on the joint venture with the world's biggest maker of the alloy, the state steelmaker said in a statement on Wednesday.Bi...

State investigating death at ArcelorMittal Indiana Harbor
  Release time: 2017/12/14 16:36:00
The cause and manner of death were not immediately available.Technician Robert"Lane"Watts died as a result of thermal injuries he suffered after falling into a sinkhole and 39-year-old ironworker Michael Samuels...

SAIL Approves Joint Venture With ArcelorMittal For Automotive Steel
  Release time: 2017/12/14 16:30:00
The Board of SAIL in its meeting held on December 12, 2017, has approved the proposal for signing of a legally non-binding term sheet with ArcelorMittal S.A for entering into a JV for automotive Steel Business, ...

US Steel failed to test for toxic metal after spill
  Release time: 2017/12/14 16:29:00
The October spill was the second time this year that the company's Portage plant dumped chromium into Burns Waterway.Plant managers told an inspector in November that they had opted not to test for the most dang...