Steel Industry Praises Senators’ Call for U.S. Government Action to Stop China’s Currency Manipulation
03/16/2010- Washington, D.C. – The American Iron and Steel Institute (AISI) praised the stand of over a dozen Senators who called today for the U.S. government to take a tougher stance against China’s currency manipulation practices. Senators Debbie Stabenow (D-Mich.), Charles Schumer (D-N.Y.), Sherrod Brown (D-Ohio), Lindsay Graham (R-S.C.) and Sam Brownback (R-Kan.) today unveiled new legislation to combat currency manipulation by the Chinese government.

AISI Media Advisory: Congressional Steel Caucus Hearing
03/16/2010- North American steel industry executives will discuss the current state of the industry, with a focus on competitiveness, trade, China and job creation.

January Steel Shipments Up 9.0 Percent from December
03/16/2010- WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of January 2010, U.S. steel mills shipped 6,579,808 net tons, a 9.0 percent increase from the 6,034,538 net tons shipped in the previous month, December 2009, and a 43.8 percent increase from the 4,576,212 net tons shipped in January 2009.

AISI Commends Congressmen Michaud and Ryan For Letter Urging Geithner and Locke to take Decisive Action Against China’s Currency Manipulation
03/15/2010- WASHINGTON -- The president and CEO of the American Iron and Steel Institute (AISI) thanked Congressmen Mike Michaud (D-ME) and Tim Ryan (D-OH) for their leadership on a jointly authored letter signed by 130 Members of Congress calling on U.S. Treasury Secretary Timothy Geithner and U.S. Commerce Secretary Gary Locke to take decisive action to address China’s currency manipulation, which continues to cause severe harm to the American economy.

AISI Applauds President Obama’s Goal of Doubling Exports
03/12/2010- Washington, D.C.– The American Iron and Steel Institute (AISI) applauded President Obama’s goal of doubling the nation’s exports by 2015 and stimulating job growth by creating and preserving manufacturing jobs for Americans. President Obama confirmed his determination to achieve this goal at a speech made today at the Export-Import Bank annual meeting.

December Steel Shipments Up 11.3 Percent From November
03/10/2010- WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of December 2009, U.S. steel mills shipped 6,035,000 net tons, an 11.3 percent increase from the 5,424,000 net tons shipped in the previous month, November 2009, and a 30.8 percent increase from the 4,613,000 net tons shipped in December 2008.

SteelGram: Please Cosponsor S.1982 The "Trade Enforcement Priorities Act" Reviving "Super 301"
03/08/2010- The Trade Enforcement Priorities Act of 2009, introduced by Senators Sherrod Brown (D-OH), Debbie Stabenow (D-MI), Carl Levin (D-MI), Russell Feingold (D-WI) and Arlen Specter’s (D-PA) would require the USTR to analyze trade barriers listed in the National Trade Estimates Report to determine which have the most adverse effect on U.S. exports and employment, and to take action against these problem practices.

SteelGram: Please Sign Onto the Letter Urging Sec. Geithner and Sec. Locke to Respond to China's Currency Manipulation
03/05/2010- Rep. Mike Michaud and Rep. Tim Ryan are circulating the attached letter asking for member signatures to insist that Secretary Geithner and Secretary Locke use the resources and authority at their agencies’ disposal to respond to China’s unfair RMB devaluation.

Cliffs Natural Resources Strong As Steel
03/17/2010- Shares of Cliffs Natural Resources were up 4.5% late Tuesday after Deutsche Bank raised its price target on the stock, citing higher-than-expected iron ore settlements and structural improvements at the Cleveland-based company.

Nucor Sees Better 1Q Results, Possible Profit
03/17/2010- CHARLOTTE, N.C. - Nucor Corp., one of the biggest U.S. steelmakers, said Tuesday its results have improved significantly in the first quarter and it issued a forecast well above a year ago.

Pressure Grows In U.S. Over China’s Currency
03/17/2010- WASHINGTON — Members of Congress from both parties sought on Tuesday to put more pressure on China to allow an increase in the value of its currency, saying Beijing’s policy of holding the value down to give China an edge in export markets was holding back job creation in the United States.

Region's Manufacturing Base Understands Value Of Recycling
03/16/2010- Steel, an industry that may forever be linked to Pittsburgh, was an early adopter of recycling. Today, more steel is recycled, by volume, than any other material.

Severstal Is Back: 600 Return To Work For Plant Restart
03/16/2010- Union officials said that nearly 600 of their members are now on the job at the Warren plant. Those workers are in the process of refiring the blast furnace, which means they can begin making iron in the next few days.

House Members Urge Action Against China
03/16/2010- WASHINGTON—A bipartisan group of 130 members of the U.S. House of Representatives urged the Obama administration to wage a multi-front fight against China's currency policy Monday, calling for outright tariffs on imports if other measures fail to convince the increasingly defiant Chinese government to budge on the issue.

Steel On The Road To Recovery—But A Slow One, Executives Agree
03/15/2010- CHICAGO -- Some of the top executives of North American steelmakers are in general agreement when it comes to the direction the industry is headed. After such a difficult year in 2009, most believe better days are ahead.

Krugman Says China Yuan Policy Depresses Global Economic Growth
03/15/2010- Nobel Prize-winning economist Paul Krugman said global economic growth would be about 1.5 percentage points higher if China stopped restraining the value of its currency and running trade surpluses.

Analysts See Steel Industry Recovery Despite Roadblocks
03/12/2010- CHICAGO - Some analysts said Thursday concerns abound in the North American steel industry, although signs point to a vastly improved operating environment now than in the deepest part of the recession.