It’s reported that Nucor released its guidance for the first quarter of this year. The company forecasted a earning of US$0.20~US$0.25 per diluted share for the first quarter of this year, falling substantially from US$0.46 per ...
Tags: Nucor, lower earnings, steel product
Nucor Corporation reported Thursday its guidance for Q1 2013 (ended March 30, 2013). Nucor anticipates earnings to be in the range of $0.20 to $0.25 per diluted share, a substantial drop from Q1 2012 earnings of $0.46 per diluted share and ...
Tags: flat steel market, flat steel, steel market
It’s reported that Gerdau Long Steel North America announced to raise its prices for all grades and qualities wire rod except cold-heading quality and welding grades by US$35/short ton for April shipments. Earlier, Nucor ...
Tags: Long Steel, wire rod prices, wire rod
Reportedly, US’s Nucor plans to lift its wire rod products by US$40/short ton for April delivery and it will expect to start on April 1st. Some of market participants reported that Nucor’s price increasing is not right ...
Tags: wire rod prices, wire rod, steel mills
Gov. Bobby Jindal, South Louisiana Methanol CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 billion in a new methanol production facility on the banks of the Mississippi ...
Reportedly, the major steelmakers in the US announced to hiked prices of steel flat products last week. It’s learned that US Steel announced to increase the prices of hot rolled, cold rolled and hot dipped galvanized steel ...
Tags: steelmakers, steel flats prices, steel flats
Michael Setterdahl from Nucor, chairman of the traders' committee at the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting held on March 3-5 in Doha, stated that it was the view of traders' committee that customers worldwide currently ...
Tags: iron ore, coking coal, natural gas
During the speakers' forum at the Port of Tampa 24th Annual Steel Conference on March 1, Patrick McCormick, Managing Partner with World Steel Dynamics, explained that in recent years, scrap demand has been relatively flat--and during ...
Tags: Steel Conference, Steel, scrap prices
The United States market presents dull that the ex-work price of hot rolled coil in US has dropped by US$10/short ton to about US$610~630/short ton due to slow demand. On the other hand, the ex-work price of A36 medium heavy plate has ...
Tags: hot rolled coil, US, Steel Market
On Tuesday, Nucor Corporation announced net earnings of $504.6 million for the full year 2012, down from $778.2 million in 2011. Meanwhile, Q4 2012 income totaled $136.9 million, down slightly from net earnings of $137.1 million in Q4 2011 ...
Tags: Nucor Corporation, scrap, Steel mill
Reportedly, the US steelmakers including AK Steel, ArcelorMittal North America and Nucor have announced to raise the prices of steel flat products by US$44~US$55/ton recently. It’s said that the steelmakers increased the prices ...
The Arkansas Economic Development Commission announced Tuesday that Big River Steel, LLC will build a more than $1 billion steel mill in Mississippi County, Arkansas that will employ about 500 people. The plans are contingent on approval ...
Tags: Steel, steel plant, steel mill
Reportedly, Ohio-based Timken said that the company has planned to retain of new SBQ production capacity scheduled in the US at the moment. Currently, the company has already spent approximately US$225 million to boost its ...
It’s reported that most of the US steelmakers have announced to remain its list prices for steel long products unchanged for February since the scrap prices have stabilized. It’s learned that Nucor decided to keep its list ...
Tags: US, steel, steel long products
Reportedly, the steel giant ThyssenKrupp has announced ThyssenKrupp’s Steel Americas plants are still waiting for new buyer of the bidding on last Friday. Two plants are still being attractive for new potential buyers although ...
Tags: ThyssenKrupp, steel, steel industry