Tuesday, 20 September 2011
The American Iron and Steel Institute (AISI) reported Monday that for the month of July 2011, US steel mills shipped 7,409,450 net tons (nt), a 3 percent decrease from the previous month, but a 14.3 percent increase from the 6,481,886 nt shipped in July 2010. Shipments year-to-date in 2011 are 52,189,307 a 7 percent increase versus 2010 shipments of 48,790,026 for the first seven months.
Flat-rolled product shipments showed notable differences in July from June: hot rolled sheet shipments were up 3 percent; cold rolled sheet shipments fell 4 percent and hot dipped galvanized sheet shipments were down 8 percent.
Tags: hrc , crc , galvanized , flats , USA , North America , production , consumption , steelmaking
(sourced steelorbis)
Showing posts with label US Steel. Show all posts
Showing posts with label US Steel. Show all posts
Tuesday, September 20, 2011
Wednesday, February 9, 2011
US Steel receives state funds for Ohio expansion project
Wednesday, 09 February 2011 02:59:55 (GMT+2)
Ohio's State Controlling Board announced a series of approved grants administered by the Ohio Department of Development to encourage economic growth and job creation.
United States Steel Corporation will receive a $200,000 Rapid Outreach Grant to help purchase new machinery and equipment for its expansion project in Lorain County, Ohio. The entire project will cost an estimated $93.6 million.
Tags: USA , North America , steelmaking , investments , US Steel(sourced:steelorbis)
Ohio's State Controlling Board announced a series of approved grants administered by the Ohio Department of Development to encourage economic growth and job creation.
United States Steel Corporation will receive a $200,000 Rapid Outreach Grant to help purchase new machinery and equipment for its expansion project in Lorain County, Ohio. The entire project will cost an estimated $93.6 million.
Tags: USA , North America , steelmaking , investments , US Steel(sourced:steelorbis)
Tuesday, February 1, 2011
US steel imports in 2010 surge by 47pct YoY
Tuesday, 01 Feb 2011
The Journal of Commerce reported that US steel imports in 2010 rose by 47.2% YoY.
For the year, steel imports totaled 23.9 million tons, compared with 16.2 million in 2009. Steel imports in December totaled 1.811 million tons. That was up 1.4% from November and a 28.4% increase from December 2009.
Mr David Phelps president of the American Institute for International Steel said “Current market conditions appear to increase the reasons for optimism for early 2011 for imports, domestic shipments and based on reports associated with international conditions, for exports.”
He added “Stronger market conditions at the end of the year in the US are reflected in the increase in December of arrivals of semi finished steel products for conversion by domestic mills. This optimistic development also coincides with improved pricing and lengthening lead times for the domestic industry at the end of 2010.” (sourced:joc.com)
Sunday, January 30, 2011
Thousands protest against US Steel in Hamilton
Sunday, 30 Jan 2011
The Hamilton Spectator reported tat thousands of protesters marched against US Steel's lockout of Local 1005 members and jammed the core of Hamilton Saturday to denounce US Steel and Prime Minister Mr Stephen Harper for not protecting worker pensions.
The rally, in support of 900 locked out Hamilton members of the United Steelworkers, attacked the American company for demanding drastic changes to the pension plan and the end of indexing for 9,000 retirees.
Union banners and flags showed the local crowd was swelled by members of the Canadian Auto Workers, Service Employees International Union, McMaster University students, Communication Energy and Paperworkers union and public sector unions including the Canadian Union of Public Employees.
The marchers were exhorted by the presidents of the United Steelworkers, the Canadian Labour Congress, Ontario Federation of Labour and Hamilton and District Labour Council and area NDP members of federal and provincial Parliament.
Speaker after speaker denounced the company’s pension demands as evidence of corporate greed by US Steel and a clear example of the Harper government’s failure to protect workers.
Mr Leo Gerard USW international president said “These fights are happening across the country now. Everywhere on earth, these corporate bastards are trying to pick our pockets. I’ll be damned if I’m going to stand by and let them take our pensions. We have to demand that Harper stand up for Canada.”
Mr Rolf Gerstenberger, president of USW Local 1005, said Saturday’s protest is only the latest in an ongoing round of efforts to draw attention to the concerns of both his members and Canadian industry. He said “This is a historic gathering that makes a historic statement. We are in a crisis and that crisis has to be resolved in favor of the people, not the rich. This is a struggle for a sovereign Canada and a diverse economy that includes manufacturing.’
The next round will be staged May 1 on Parliament Hill in Ottawa.
US Steel was given federal government approval to buy the former Stelco in 2007. To get that approval it promised a “net benefit” to Canada by maintaining jobs and production for three years. Within two years, however, the company’s Hamilton plants had been shut down twice and their work transferred to American mills. Now it is demanding the current defined-benefit pension plan be closed to new members in favor of a defined contribution system. It also wants an end to annual increases for current retirees.(Sourced from thespec.com)
The Hamilton Spectator reported tat thousands of protesters marched against US Steel's lockout of Local 1005 members and jammed the core of Hamilton Saturday to denounce US Steel and Prime Minister Mr Stephen Harper for not protecting worker pensions.
The rally, in support of 900 locked out Hamilton members of the United Steelworkers, attacked the American company for demanding drastic changes to the pension plan and the end of indexing for 9,000 retirees.
Union banners and flags showed the local crowd was swelled by members of the Canadian Auto Workers, Service Employees International Union, McMaster University students, Communication Energy and Paperworkers union and public sector unions including the Canadian Union of Public Employees.
The marchers were exhorted by the presidents of the United Steelworkers, the Canadian Labour Congress, Ontario Federation of Labour and Hamilton and District Labour Council and area NDP members of federal and provincial Parliament.
Speaker after speaker denounced the company’s pension demands as evidence of corporate greed by US Steel and a clear example of the Harper government’s failure to protect workers.
Mr Leo Gerard USW international president said “These fights are happening across the country now. Everywhere on earth, these corporate bastards are trying to pick our pockets. I’ll be damned if I’m going to stand by and let them take our pensions. We have to demand that Harper stand up for Canada.”
Mr Rolf Gerstenberger, president of USW Local 1005, said Saturday’s protest is only the latest in an ongoing round of efforts to draw attention to the concerns of both his members and Canadian industry. He said “This is a historic gathering that makes a historic statement. We are in a crisis and that crisis has to be resolved in favor of the people, not the rich. This is a struggle for a sovereign Canada and a diverse economy that includes manufacturing.’
The next round will be staged May 1 on Parliament Hill in Ottawa.
US Steel was given federal government approval to buy the former Stelco in 2007. To get that approval it promised a “net benefit” to Canada by maintaining jobs and production for three years. Within two years, however, the company’s Hamilton plants had been shut down twice and their work transferred to American mills. Now it is demanding the current defined-benefit pension plan be closed to new members in favor of a defined contribution system. It also wants an end to annual increases for current retirees.(Sourced from thespec.com)
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