Ferrous Department

COMMISSION FAULTS FOUR NATIONS FOR STEEL DUMPING

U.S. steel producers may have been harmed by low-cost steel shipped by Russia, China, the Ukraine and South Africa. That was the verdict reached by the U.S. International Trade Commission (ITC) in December. The commission found that steel makers in those four countries did not adhere to an agreement relative to the pricing of cut-to-length carbon plate steel. The U.S. Commerce Department can now penalize those nations with anti-dumping duties if they again ignore price and quantity export quotas.

The original complaint that spurred the ITC ruling was filed by Geneva Steel Co., Vineyard, Utah, and Gulf States Steel Inc., Gadsden, Ala.

OMNISOURCE ADDS TWO OFFICES

OmniSource Corp., Fort Wayne, Ind., has opened two new ferrous brokerage offices in Hamilton, Ontario and Toledo, Ohio. They join existing offices in Chicago and Atlanta. “Our ability to supply raw material to the mills and foundries of North America will be greatly enhanced,” says Danny Rifkin, president and chief operating officer of OmniSource.

CHAPARRAL STEEL LOOKS EAST

Chaparral Steel, Midlothian, Texas, chose a site in Dinwiddie County, Virginia for its long-rumored one million ton-capacity mini-mill. The 600-acre site, 30 miles south of Richmond, is being touted by state officials as the new home of Virginia’s “largest steel recycling production facility.” The presence of the mill, scheduled to open in 1999, should significantly increase the flow of scrap into eastern Virginia.

The mill, which will produce shaped structural steel beams, is located on a site served by both CSX and Norfolk Southern railroads.