Connemara Steel Company-Home of "Blue Brand Steel"

12/25/2016

China has been opening: A brand new steel plant- approximately the size of the U.S. Steel plant that was located in Duluth, Minnesota EVERY MONTH from 2014 and will continue to open a brand new facility EVERY MONTH until the year 2020!! With the production of the Roys Hills tacconite out of Brazil,, 15% higher grade iron ore and about 45% cheaper- More for less- I doubt highly that the U.S. steel industry will recover unless a fair tariff is enacted immediately.

04/15/2016

In 2014/2015 I submitted to Representative Simonson of Duluth, Senator Reinert and to Governor Dayton's Office the draft of the Minnesota Environmental & Economic Protection Bill, which demanded a 300% tariff on Chinese steel and other foreign imported items. The governors office contacted me 5 times for additional references on these issues. A new bill has been drafted suggesting a 295% tariff increase. Along with the original draft is the demand to invoke fair trade or a class action lawsuit on behalf of Minnesota steelworkers, their families, and all affected parties hurt by foreign imported and manufactured items. STAND BY!! MORE TO COME! *****Authorized press release

06/10/2015

This is why we need protection. I think there should be an Environmental Tariff on any product that is not made as clean as a U.S. Made product. This will quickly level the playing field and bring it all to the table.

China's economy is cooling, but its steel mills are still going strong -- which is a problem for everybody else who produces it.

06/10/2015

China’s mills keep producing in the face of weak demand, and sell the excess abroad, leading to calls in the U.S. and EU for tariffs.

05/04/2015

The Connemara Steel Company is now a supporter of the planned Minnesota School of Green Heavy Technology, to be built in Duluth, Minnesota. This schools mission is to help assist American Heavy Industry, Milling, Mining, Agriculture to operate in the cleanest and most sustainable conditions possible. A Great Idea! Working with Industry to help them solve intensely critical environmental Problems. Providing remedy for the industries that are leading in environmentally clean technologies! We fully support this initiative!

11/17/2014

ThyssenKrupp AG is trying to sell the newest, largest and most technologically advanced steel plant in the U.S., likely ending the German company's effort to establish itself in the Americas.

01/05/2013

Hmmm And nothing about this in Main Stream News!

The U.S. shale-gas revolution, which has revitalized chemicals companies and prompted talk of domestic energy self-sufficiency, is attracting a wave of investment that may revive profits in the steel industry.

11/13/2012

Latin American countries imported 439,057 tonnes of finished steel products from China in September, a 28% rise month-on-month from August, regional steel association Alacero said.

11/13/2012

Iron Ore back above $120

The spot reference price for 62% Fe iron ore cfr North China rose 0.4% to $120.10 for the week ending November 2, 2012, after increasing 3.7% the week before, and is now 34.9% higher than the recent low of $89.00 on 9/7/2012.

The spot price for iron ore averaged $141.84 in 1Q, $139.35 in 2Q, and $112.12 in 3Q; this compares to an average of $167.59 for full-year 2011.

The post-recession low was $59.10 on March 27, 2009, while the high was $190.19 on February 17, 2011.

Source: Michelleapplebam.com

11/13/2012

ArcelorMittal attempts $51 price hike on flat products in Europe

The world’s largest steelmaker ArcelorMittal has raised the prices for all its European flat products, market sources confirmed to Steel First on Tuesday November 13.

10/29/2012

Hello everyone. Sorry for the lull in news on the site. I will be posting a lot more information here shortly to get everyone up to speed.

07/04/2012

The MSME (micro, small and medium enterprises) sector accounts for about 45 per cent of India's manufacturing output and 40 per cent of exports. As per the Annual Report of the Ministry of MSME, the 29 million MSME units provide direct employment to about 70 million persons. The sector holds immense promise in fostering creativity and innovation in products and processes, given that the investment in setting up units is relatively low and uncomplicated.