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Service center shipments of red metal products declined 26 percent in December compared with the same month in 2016, reports the Copper and Brass Servicenter Association.

Total steel imports were up 15.4 percent in 2017 at 38.1 million net tons, according to Census Bureau data reported by the American Iron and Steel Institute.

Global steel production totaled 1.7 million tons in 2017, an increase of 5.3 percent compared with the previous year, reports the Brussels-based World Steel Association.

It was a record year for Steel Dynamics Inc. in 2017, with the Fort Wayne, Ind.-based company reaching the high-water mark in sales and shipments.

Coil processing equipment manufacturer Guild International, Bedford, Ohio, has been acquired by three long-time employees.

Long and specialty steel products producer Gerdau has announced its special steel mill in Monroe, Mich., will begin transitioning to a 240-millimeter square bloom in September.

Hamilton Specialty Bar, an Ontario-based SBQ mill, is up for sale.

Brian Robbins, CEO of MidWest Materials, has been named Steel Man of the Year by the Association of Steel Distributors.

ArcelorMittal Long Products Canada will invest nearly $56.7 million in its Contrecoeur, Quebec, steel production facilities by 2020.

AK Steel, West Chester, Ohio, reported a profitable year in 2017, despite a fourth-quarter loss. The steelmaker reported full-year net income of $10 million, a reversal of the $7.8 million loss posted in 2016.