Bri-Chem Corp., a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids, is pleased to announce that it has completed the sale of its Steel Pipe Manufacturing division and Steel Pipe Distribution division including their respective assets and ongoing business operations to a U.S.-based steel company. Bri-Chem will not retain any.. read more →
(Reuters) – U.S. producers of steel pipe used in the oil and gas industry helped drive down prices by flooding the market with new output, the U.S. International Trade Commission heard on Tuesday, as foreign producers argued against hefty new import duties. The ITC has the final say in whether imports of oil country tubular.. read more →
The US government determined on Tuesday that it would maintain the existing antidumping duty orders on steel threaded rod and malleable iron pipe fittings from China, despite Beijing’s repeated calls for Washington to drop protectionism. The US International Trade Commission (ITC) concluded in a ruling that revoking the current antidumping duty orders on these products.. read more →
TANGSHAN, July 23 — In Tangshan, a polluted industrial Chinese steel city that produces more steel a year than the entire United States, the Xinming Steel Pipe Plant shut earlier this month leaving more than 400 workers and a host of creditors unpaid. The turmoil at the firm shows how huge overcapacity is pushing scores.. read more →
NEW YORK, July 13 — The Obama administration imposed duties on steel pipe imports from South Korea and eight other nations in a victory for US Steel Corp and the United Steelworkers union, which said they were hurt by unfair competition from overseas. US Steel rose 3.2 per cent in New York trading. The US.. read more →
American Steel Pipe has started work on a $55 million expansion that was originally announced last fall. Birmingham-based contractor Brasfield and Gorrie was recently awarded a $9.6 million building permit by the city of Birmingham, that will encompass the new building for the American Cast Iron Pipe Co. division. The new facility will be 150,000.. read more →
HYSP – MUMBAI, JUNE 16: Essar Steel has bagged an order to supply pipes for Saurashtra Narmada Avtaran Irrigation Yojana promoted by the Gujarat Government. Under the programme, the water of Narmada will be distributed to 115 reservoirs across seven districts of Saurashtra through four link pipelines over 1,022,589 acres. This project is estimated.. read more →
THE WALL STREET JOURNAL,PITTSBURGH– U.S. Steel Corp. said it would temporarily close plants in Texas and Pennsylvania and blamed illegally-priced imports, raising the volume on trade disputes with China and South Korea. The steelmaker said Monday it would indefinitely idle plants in Bellville, Texas, and McKeesport, Pa., that make steel pipe and tube for the.. read more →
Steel Guru — US Steel to Idle 2 Tubular Facilities in Pennsylvania and Texas United States Steel Corporation announced that it will indefinitely idle two tubular manufacturing facilities at McKeesport in Pennsylvania and at Bellville in Texas, in early August, impacting approximately 260 employees as a result of business conditions which are influenced by unfairly traded.. read more →
From steelguru, Chinese Government has to Close Down Steel Mills According to one of the world’s leading advisers to China’s corporate sector, the Chinese government will push ahead with plans to rationalize the domestic steel industry by forcing a number of producers to close down, a move that will bolster demand for iron ore. Mr Peter Fung.. read more →
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