Steel

Briefs — U.S. Steel, Duke-Piedmont

United States Steel Corp. is postponing construction of an electric arc furnace (EAF) at its Fairfield Works in Birmingham, AL, “due to continued challenging market conditions in both the oil and gas and steel industries,” the company said. “On Dec. 14, 2015 oil prices hit an eight-year low in the same week that rig counts dropped by another 28 to a 16-year low of 709. The company continues to feel the effect of these energy market conditions, along with low steel prices and continued high levels of imports. In order to combat these continued challenging global market conditions, U.S. Steel has made the decision to postpone the construction of the 1.6 million net ton EAF facility at Fairfield Works…”

December 22, 2015

Former Ohio Steel Mill to Serve Oil, Gas Development

A Pittsburgh-based holding company plans to convert a shuttered cold rolling steel mill in Yorkville, OH, into an industrial services terminal to support oil and gas companies in Ohio, West Virginia and Pennsylvania.

September 11, 2014

Canada Follows U.S. Lead on Pipe Dumping Pushback

Canadian government officials have started investigations of the imports of oil/gas industry pipe from up to nine nations, echoing efforts by the U.S. Commerce Department to thwart “dumping” of oil country tubular goods (OCTG) for pipe priced below cost to get a foothold on robust North American markets (see Daily GPI, July 15).

July 25, 2014
Steel Pipe Dumping in U.S. Draws Commerce Dept. Rebuke

Steel Pipe Dumping in U.S. Draws Commerce Dept. Rebuke

Responding to petitions from several U.S.-based steelmakers, the Commerce Department on Friday imposed a stiff tariff on tubular steel (pipe) imported from South Korea and eight other nations. Steel companies and the U.S. steelworkers union lauded the Obama administration’s action.

July 15, 2014

Steel Tube Plant Coming to Haynesville Country

Ground was broken Monday for a $975 million steel steel tube manufacturing project at The Port of Caddo-Bossier in Shreveport, LA, which is in Haynesville Shale Country. Some of the plant’s output will serve the U.S. oil and gas industry in southern and Midwestern states.

September 17, 2013
$2B in Tax Revenue Expected from Shale-Driven Chemical Projects

$2B in Tax Revenue Expected from Shale-Driven Chemical Projects

Nearly 100 shale gas-driven chemical industry projects in the United States — worth about $71.7 billion — will generate $20 billion in federal, state and local tax revenue by 2020, according to an analysis released Monday by the American Chemistry Council.

May 21, 2013

Maine Natural Gas Begins Construction of Backbone Into Augusta

Maine Natural Gas (MNG) has signed a contract with three companies to begin construction of the 12-inch diameter steel pipeline backbone of its natural gas distribution system in Augusta, ME, the Iberdrola USA subsidiary said.

March 11, 2013

Dow Exec: Don’t Stimulate Gas Demand at Manufacturing’s Expense

The United States should be exporting more chemicals, glass, steel, aluminum and other products, but the country’s leaders should think long and hard before adding liquefied domestic natural gas to that list, a Dow Chemical executive said Wednesday. While end-user industries fear higher gas prices, producers are looking to all potential demand sources to lift gas prices and make their dry gas operations economic once again.

August 27, 2012

Industry Briefs

French manufacturer Vallourec SA said progress is continuing on a $650 million steel mill it is building in Youngstown, OH to produce seamless pipes for use in hydraulic fracturing (fracking). The seamless hot rolling pipe mill of subsidiary V&M Star plans to create about 350 direct jobs and have initial production of 350,000 tons/year, but it can be expanded to 500,000 tons/year. Production is expected to ramp up in the next few months. According to Vallourec, the new mill would produce 2 3/8-inch to 7-inch diameter pipe for use in fracking operations. The company said it wants to support customers in shale plays across the continent; it has field offices in the Marcellus, Utica, Haynesville and Barnett shales and in the Piceance Basin.

January 16, 2012

Pipeline Projects Lifting Rail Service

Union Pacific Railroad’s Pipeline Express — which serves the steel pipeline industry by delivering product for oil and gas producers — has delivered its 25,000th rail car of pipeline product, the railroad said Thursday.

December 14, 2009