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Preliminary margins set vs. China wire rod

U.S. imports of steel wire rod from China are facing preliminary anti-dumping margins of 106.19 to 110.25 percent following an affirmative dumping determination by the U.S. Commerce Department.

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Noranda sets layoffs after failed power rate bid

Noranda Aluminum Holding Corp. will lay off up to 200 workers at its New Madrid, Mo.-based smelter over the next six months.

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Sandvik divests distribution assets

Sandvik Materials Technology is divesting its distribution business in Australia and New Zealand to Vulcan Steel Ltd. with the deal expected to close in October.

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Copper premiums flat despite fall in demand

Domestic copper premiums are steady despite lower demand from buyers in the United States and abroad.

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Banks seen likely to stay in commodities

Financial institutions could remain active in commodities markets following the dismissal of antitrust litigation that accused major banks and the London Metal Exchange of conspiring to artificially inflate aluminum...

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US bulk ferrous scrap export prices pressured

West Coast bulk ferrous scrap export prices have eased marginally as the market enters uncertain territory amid strong scrap inventory positions by South Korean steel mills.

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US bulk scrap export tags pressured

West Coast bulk ferrous scrap export prices have eased marginally as the market enters uncertain territory amid strong scrap inventory positions by South Korean steel mills.

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Nucor said mulling Gallatin Steel acquisition

Nucor Corp. may be considering an acquisition of Gallatin Steel Co., market sources said.

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CIT remands Deacero steel wire rod case

The U.S. Court of International Trade (CIT) has again remanded a Commerce Department anti-dumping ruling regarding wire rod from Mexican producer Deacero SAPI de CV, a move welcomed by...

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US magnesium exports, imports diverge

U.S. magnesium exports fell 10.8 percent in the first half of the year while magnesium imports increased 24.9 percent compared with the same period last year.

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