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Last updated on April 20, 2014 at 8:28 EDT

Latest Electrical steel Stories

2014-03-05 20:20:31

WASHINGTON, March 5, 2014 /PRNewswire-USNewswire/ -- Today, the U.S. Department of Commerce announced its preliminary determination that imports of grain-oriented electrical steel ("GOES") from China are benefitting from unfair government subsidies. As a result, it will instruct U.S. Customs and Border Protection ("CBP") to begin to require importers of Chinese-origin GOES to deposit estimated countervailing duties at the time of importation. The Commerce Department's...

2013-04-19 08:22:02

WEST CHESTER, Ohio, April 19, 2013 /PRNewswire/ -- AK Steel (NYSE: AKS) applauds the U.S. Department of Energy's (DOE) final ruling on efficiency standards for electrical distribution transformers. The rule was published in the Federal Register on April 18, 2013 following an extensive comment and review process. It ensures that transformers in America will remain among the most energy-efficient in the world, and that high-tech electrical steels will continue to be a competitive material in...

2012-11-13 08:23:13

WEST CHESTER, Ohio, Nov. 13, 2012 /PRNewswire/ -- AK Steel (NYSE: AKS) today provided an update to its outlook for the fourth quarter of 2012 contained in its Quarterly Report on Form 10-Q for the third quarter 2012 ("Third Quarter 2012 Form 10-Q"), including preliminary guidance on its fourth quarter financial results. AK Steel said today that it now expects shipments of approximately 1,375,000 to 1,400,000 tons in the fourth quarter of 2012 compared to shipments of 1,363,500 tons in the...

2012-10-11 11:22:15

WASHINGTON, Oct.11, 2012 /PRNewswire-USNewswire/ -- The Specialty Steel Industry of North America ("SSINA") expressed growing concern over the substantial increase in imports of grain-oriented electrical steel (GOES) in 2012. "Official U.S. government statistics through July, 2012, plus preliminary import data for August and September, show imports from four key exporters -- Japan, Korea, Poland and Russia -- up 32 percent over the same period last year," said counsel David A....

2012-06-15 06:21:54

WEST CHESTER, Ohio, June 15, 2012 /PRNewswire/ -- AK Steel (NYSE: AKS) today applauded the decision of a dispute settlement panel at the World Trade Organization in Geneva that China had no legal basis to impose antidumping and countervailing duties on imports of grain oriented electrical steel from the United States beginning in December 2009. "The WTO has correctly decided that China's Ministry of Commerce had no justification to impose duties on AK Steel products. China's case was...

2012-02-03 15:05:00

WEST CHESTER, Ohio, Feb. 3, 2012 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that revised energy efficiency standards proposed by the U.S. Department of Energy ("DOE") on February 1, 2012 are not expected to significantly impact the overall competitiveness of the company's grain-oriented electrical steels ("GOES") used in the manufacture of electrical distribution transformers. In fact, AK Steel said that with respect to some types of distribution transformers the new standards have the...

2011-08-31 08:00:00

WEST CHESTER, Ohio, Aug. 31, 2011 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that it will increase current spot market base prices for all carbon flat-rolled steel products effective immediately with new orders. Base prices will increase by $40 per ton for hot rolled and cold rolled carbon steel products, and by $50 per ton for coated carbon steel products. About AK Steel AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive,...

2011-08-10 13:19:00

WEST CHESTER, Ohio, Aug. 10, 2011 /PRNewswire/ -- AK Steel (NYSE: AKS) said today that it will increase current spot market base prices for all carbon flat-rolled steel products by $60 per ton, effective immediately with new orders. About AK Steel AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, infrastructure and manufacturing, construction and electrical power generation and distribution markets. The company employs about 6,200 men and...

2011-07-01 11:08:00

WEST CHESTER, Ohio, July 1, 2011 /PRNewswire/ -- AK Steel (NYSE: AKS) has advised its customers that a $455 per ton surcharge will be added to invoices for electrical steel products shipped in August 2011. August 2011 surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company's web site at www.aksteel.com. AK Steel's surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the June 2011...

2011-06-01 10:28:00

WEST CHESTER, Ohio, June 1, 2011 /PRNewswire/ -- AK Steel (NYSE: AKS) has advised its customers that a $440 per ton surcharge will be added to invoices for electrical steel products shipped in July 2011. July 2011 surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company's web site at www.aksteel.com. AK Steel's surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the May 2011...