During the SteelOrbis fall 2012 conference & 67th IREPAS meeting held in Munich on September 30-October 2, Alexander Gordienko from CELSA Group gave a speech entitled “Global Market & Macroeconomics”, analyzing growth forecasts for the global economy and latest trends in long steel production and consumption.
US flats mills put up united front against falling prices, but will it work? Reply
The first week of July was anticipated to be a quiet one in terms of activity in the US steel market given the mid-week Independence Day holiday, making Severstal North America’s price increase letter on Monday, July 2, that much more of a surprise.
Turks attempt longs turnaround—will the US bite? 4
For several weeks, import offer prices of rebar and wire rod to the US from Turkey kept slipping further and further down, while many potential US customers just sat back and waiting for prices to hit bottom. But instead of hitting bottom and staying there long enough for buyers to actually have a chance to buy, Turkish longs prices bounced back up this week before many had an opportunity to book at the lowest prices of the trend. More…
Customer sues Nucor-Yamato for unfair pricing Reply
On June 22, J.D. Fields & Co. Inc., a distributor of pipe and steel piling products, filed a $40 million lawsuit against its steel piling supplier Nucor-Yamato, a subsidiary of Charlotte, North Carolina-based Nucor Corporation. In the suit, J.D. Fields claims Nucor-Yamato consistently gave Skyline Steel lower prices, giving the company an unfair competitive edge. Interestingly, Skyline Steel was a subsidiary of ArcelorMittal, but was recently acquired by Nucor Corporation earlier this month. The acquisition closed just one day before J.D. Fields filed the suit. More…
Will scrap keep shredding US long product prices? 1
In the face of weak demand and ever-softening import offers, many have been wondering why US longs mills (including rebar, wire rod, merchant bar and beams) didn’t lower transaction prices lower than they did, which was about half of this month’s shredded scrap price decrease. Are they trying to maintain some control over price volatility? If so, do they really think spot prices won’t drop further? More…
What is happening in China? Reply
The Financial Times reported last week that China had warned its banks of rampant illicit borrowing by steel companies, a development that underscores the financial dangers for the country as the government mulls a new stimulus effort to support the slowing economy. More…
Risks and Price Volatility Panel at SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting Reply
Risks and Price Volatility at the Steel Markets Panel at SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting with Jeff Kable from JP Morgan, Phillip Killicoat from Credit Suisse, Martin Evans from CME Group, Michael Zeitler from BNP Paribas, and moderator Phillip Price from Stemcor
To watch the video please click on the below link
http://www.youtube.com/watch?v=-AnXk_6_SsM&feature=youtu.be
Colin Hamilton at SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting Reply
Colin Hamilton from Macquarie gave a speech on Economic Outlook and Efeects on STeel Industry at SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting
To watch the video please click on the below link
Kim Marti Subirana interview at SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting Reply
Kim Marti Subirana from Celsa Group is interviewed at SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting London
To watch the video please click on the below link.
Global Steel Market Supply Panel at SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting Reply
Global Steel Market Supply Panel at SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting with David Faktor from Stemcor, Ahmed A. Aziz S A Al-Ansari from Qatar Steel, Kerim Dilber Steel Exporters Association and moderator Murat Eryılmaz from SteelOrbis
To watch the panel please click on the below link
http://www.youtube.com/watch?v=FTeAjO5YrPw&feature=youtu.be
