Steel Price Reports week 48 – 4 More…
Monthly Archives: February 2012
The turning tide in scrap demand Reply
Should the US steel industry be concerned with the effect global demand for US-produced scrap has on domestic scrap prices?
As the world becomes exponentially connected with each passing year, many long-standing industries have not transitioned into the global marketplace as easily as others. More…
A look at what some of the US’ top export scrap destinations have been up to last year. Reply
TURKEY
Turkish steel mills started 2011 on a hesitant note, retreating from the scrap market before entirely satisfying their scrap needs. More…
Vale vs. China: The ultimate power struggle Reply
Change is inevitable. In a society where the latest gadget becomes outdated nearly the instant you swipe your credit card, if a product or company isn’t changing and adapting, it will fall behind while its competitors thrive. Corporations and countries are constantly fighting to become the “next big thing” and become more self-sufficient. More…
Market Analysis for Flat Products Reply
US domestic flats market loses steam in late January
Flat rolled steel demand in December of last year was surprisingly strong across the board—demand at the mill, service center, trading and end-use levels allowed for US domestic flat rolled mills to push for their announced price increases throughout the final weeks of 2011. More…
Market Analysis for Long Products Reply
US rebar mills hold steady in the face of surging January imports
Although it took quite a long time for US domestic rebar prices to catch up to the announced increase for January shipments, US mills nevertheless increased transaction prices again for February once January scrap prices posted an increase. More…
Market Analysis for Raw Materials Reply
US domestic scrap prices retreat in February
After increasing substantially in early December, scrap dealers expected prices to surge again the following month and therefore held inventories back. But when US domestic mills came into the market in early January, it was evident that scrap dealers may have held back too much inventory and availability—particularly busheling—was overabundant. More…
