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Steel Dynamics, Inc. Applauds ITC Preliminary Injury Decision on Imports

2015-07-17 03:01:57| Steel - Topix.net

The petitioners asked the Department of Commerce and the U.S. International Trade Commission to apply antidumping and countervailing duties against these imports on Citing evidence of the import surge in the U.S. steel producers' petition, corrosion resistant sheet steel increased 85%, from 1.5 million to 2.75 million tons between 2012 and 2014 from the five subject countries. Additionally, these countries have increased their tonnage of these imports over 30 percent to 800,000 tons from 600,000 tons in the first quarter of 2015, more than doubling their share between 2012 and the end of March, 2015.

Tags: decision steel injury preliminary

 

UPDATE 1-South Korea's POSCO may scrap planned $12 bln India steel project

2015-07-16 22:52:22| Steel - Topix.net

South Korean steelmaker POSCO could scrap plans for a $12 billion project it agreed to set up in India a decade ago, after a new law made it costlier to source iron ore for the plant, a company spokesman told Reuters. The U.S.-listed shares of POSCO fell as much as 3.3 percent to their lowest in more than six and a half years after the report.

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Cramer: AK Steel Is a Casualty of the Euro, Celgene Is Not a Sell

2015-07-16 18:42:51| Steel - Topix.net

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Stainless Steel Panel PC suits outdoor information kiosks.

2015-07-16 14:31:07| Industrial Newsroom - All News for Today

Featuring 316 stainless steel design for food factory and harsh environments, Model GOT812LR-834 utilizes Intel® Atom™ processor E3827 at 1.75 GHz and has maximum memory capacity up to 8 GB. Fanless unit has wide operating temperature of -20 to +55°C and full IP66-rated waterproof enclosure. Available with 12.1 in. XGA or SVGA TFT LCD, computer offers expandability interfaces with M12 locking, including 2 COM ports (RS-232/422/485), 2 USB 2.0 ports, and 1 gigabit Ethernet port.

Tags: information outdoor panel steel

 

Tata Steel announces 720 job cuts

2015-07-16 12:09:10| BBC News | Business | UK Edition

Tata Steel is to shed more than 720 jobs, mainly in Rotherham, because of "cripplingly high electricity costs".

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