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Steel Industry Urges U.S. Government to Stand Up to China 11/19/2008- The following joint statement was released today by the United Steelworkers, American Iron and Steel Institute, Steel Manufacturer’s Association, Specialty Steel Industry of North America and The Committee on Pipe and Tube Imports. | | Steel Import Permit Applications Stable vs. Prior Month 11/05/2008- Washington, D.C. - Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of October totaled 2,908,000 net tons (NT). | | NAFTA Steel Associations and ILAFA Agree on Principles to Address Trade Aspects of Global Economic Crisis 11/03/2008- Cancun, Mexico – Representatives of five major NAFTA steel associations – American Iron and Steel Institute (AISI), Steel Manufacturers Association (SMA), Specialty Steel Industry of North America (SSINA), Canadian Steel Producers Association (CSPA) and Mexican Steel Producers Association (CANACERO) – met with representatives of the Latin American Iron and Steel Association (ILAFA) on October 24 to discuss trade and other policy issues of common concern. | September Imports Up 15 Percent vs. August 10/28/2008- 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 2,921 ,000 net tons (NT) of steel in September 2008, including 2,428,000 NT of finished steel (up 15 percent and 18 percent, respectively, vs. August final data). | | August Steel Shipments Down 3.9 Percent From Last Year 10/16/2008- WASHINGTON, D.C. – The American Iron and Steel Institute (AISI) reported today that for the month of August 2008, U.S. steel mills shipped 8,860,000 net tons, a 3.9 percent decrease from the 9,209,000 net tons shipped in August 2007 and a 3.6 percent decrease from the 9,175,000 net tons shipped in the previous month, July 2008. |
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| Big Corporations Urge Quick Carbon Cap-And-Trade Law 11/20/2008- BOSTON, Massachusetts - Five large U.S. corporations and a coalition of investors and environmental groups today announced that they have formed a new organization to lobby for strong U.S. climate and energy legislation in early 2009 to spur a clean energy economy and reduce global warming. | China's Environmental Retreat 11/20/2008- SHANGHAI -- In February, the Fuan textile factory became one of the first major casualties of China's anti-pollution campaign when the multimillion-dollar company was shut down for dumping waste from dyes into a neighboring river and turning it red. | | Lessons Learned? The Steel Industry Hopes So 11/20/2008- While domestic steel producers hope for the best in 2009, they're hunkered down now for a long, hard winter -- idling furnaces and plants, cutting back on spending and laying off workers as they try to ride out a nose-diving world economy. | Vale Says Rival Poses Iron Ore Index To Steel Cos 11/19/2008- SAO PAULO - An executive for Brazil's Vale, a major iron ore producer, said one of the company's rivals has proposed that steelmakers switch to paying for ore based on a fluctuating index rather than the current system of term contracts based on a benchmark price, a local paper reported on Tuesday. | Arcelor-Mittal Scuttles Plan For $380m Mill 11/19/2008- ArcelorMittal has shelved plans to build a $380-million beam mill in Contrecoeur, Quebec. The Luxembourg-based steelmaker, owner of Hamilton's ArcelorMittal Dofasco, is reviewing all expansion projects in light of the global financial meltdown. | | Rising Prices Lift Severstal's Net 11/19/2008- LONDON - Russian steelmaker OAO Severstal on Tuesday said third-quarter earnings more than tripled but cautioned that it is cutting output in half because of reduced demand. |
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