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AISI’s Gibson Expresses Sorrow Over Death of Legendary Lawmaker Murtha 02/09/2010- WASHINGTON -- The president and CEO of the American Iron and Steel Institute (AISI) expressed sorrow today over the death of Congressman John P. Murtha (D-Pa.), whom he described as “a legendary lawmaker who fought on behalf of American workers and, in particular, the American steel industry and its steelworkers” during his 19-term career in Congress. | | | Strong Economy—New Jobs AISI Weighs In on The State of the Union 01/26/2010- Washington, D.C. - As President Obama makes his first State of the Union address, he speaks to Americans nationwide who have identified strengthening the economy and creating jobs as their top priorities for the President and Congress, according to a January 25, 2010, survey by the Pew Research Center. | Preliminary Finished Steel Imports Up 11% in December Finished Steel Imports Decline 45% in 2009 vs. 2008, But Import Market Share at 22% for Year 01/26/2010- Washington, D.C. – Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 1,396,000 net tons (NT) of steel in December 2009, including
1,119,000 NT of finished steel (up 1% and 11%, respectively, vs. November final data). | Fair Trade With China Means Jobs In Lorain 01/22/2010- WASHINGTON: As President Obama visits Lorain County today as part of a 'listening tour' of some of the communities that have felt the pain of the global recession, it is no accident that he is stopping in Lorain, crossroads of Ohio manufacturing and where the steel industry generates 71,000 direct and indirect jobs. | November Steel Shipments Down 11.0 Percent From October 01/21/2010- WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of November 2009, U.S. steel mills shipped 5,424,000 net tons, a 11.0 percent decrease from the 6,097,000 net tons shipped in the previous month, October 2009, and a 3.9 percent increase from the 5,223,000 net tons shipped in November 2008. | |
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| | Obama Vows To Get Tough With China On Currency 02/04/2010- BEIJING/WASHINGTON - President Barack Obama vowed to "get much tougher" with China on trade and currency rules to ensure U.S. goods do not face a competitive disadvantage, adding to a range of issues weighing on relations. | Steelmakers Buy Coke At Peak Prices 02/03/2010- Steelmakers have resorted to buying coking coal at peak prices last seen in early 2009 to secure much- needed supplies, in the strongest sign yet of the market's tightness. | U.S. Steel, AK Steel Rise On Manufacturing Gains 02/02/2010- U.S. Steel Corp., AK Steel Holding Corp. and Allegheny Technologies Inc. rallied in New York trading as manufacturing reports in the U.S., Europe and China showed the global economic recovery is accelerating. | West Coast Flat-Roll Steel Optimism Grows 02/02/2010- LOS ANGELES - A tentative optimism is growing in the West Coast flat-rolled carbon steel market as some buyers who were badly burned last year view the first part of 2010 with more confidence. | Timken Reports 2009 Results And 2010 Outlook 02/02/2010- CANTON, Ohio -The Timken Company (NYSE: TKR) today reported sales of $3.1 billion for 2009, a decrease of 38 percent from a year ago. The sales comparison, which excludes for both periods the results of the Needle Roller Bearings business sold in December (accounted for as "discontinued operations"), reflects weak demand and lower surcharges, partially offset by improved pricing. | Recovery Signs On The Horizon For Major Mills 02/01/2010- Steelmakers are seeing the first blush of a recovery with more orders from manufacturers of autos, appliances and similar products, according to a story by the Associated Press.
Yet, the battered industry's full recovery has been stalled largely by a sluggish construction market. | Obama’s Jobs Call Welcomed By Steel 01/29/2010- PITTSBURGH - Steel industry leaders have long been urging Washington to make job creation a top priority, and if President Obama's State of the Union address is any indication, those voices are being heard. |
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