With the coming of the maintenance season in summer, plus the lasting slack demand, the European domestic price of carbon steel flat product kept unchanged last week. Market participant said that the market was very weak on a while ...
Tags: Domestic Flat, Product Market
US domestic flat rolled price increases in Q4 2012 and Q1 2013 did not stick due to lackluster demand, overcapacity woes and import competition, executives at Reliance Steel & Aluminum said during the company's Q1 2013 conference call on ...
Tags: Reliance Steel, US Flats Market
It is reported that Brazilian welded tube producers announced to increase welded tube prices approximately 7% as the prices of domestic flat-rolled products increased recently. Meanwhile, the Brazilian major flat mills have already ...
Tags: welded tube prices, welded tube, hot rolled
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
Investments of US$11 billion by leading Mexican flat steel producers for this year are focused on expanding market share in automotive and sectors in which the industry is highly competitive globally, such as hot rolled with new grades, ...
The Italian iron and steel federation Federacciai has announced Italy’s preliminary finished steel production figures for the month of November last year. Accordingly, in November Italian long steel output decreased on year-on-year ...
As previously communicated, in the face of increasingly difficult domestic trading conditions for its soda ash business, Penrice Soda Holdings Limited has been conducting a strategic review of its entire chemicals business to improve its ...
Tags: Penrice, JV, Soda Ash Distributor
During the panel discussion at the SteelOrbis Market Talks Meeting held in Izmir on January 16, Nam?k Ekinci, president of Turkey's Steel Exporters Association (CIB), talked about the CIB's recent visit to Egypt to discuss the country's 6.8 ...
Sergei Kuznetsov has been CEO of both Severstal International and Severstal North America since July 2009.He joined Severstal in 2002 to head the business planning group created to acquire foreign assets and develop international ...
Tags: US, HDG price, steel price, automotive market
Analysts at Credit Suisse Group cut the recommendation on preferred shares of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA to "underperform" from "neutral," saying recent gains in the price of the stock are probably ...
The summer slowdown appears poised to push into the fall for steel importers as excess domestic supply and low prices are eroding margins, market participants told AMM. Across the board, traders and service centers cited uncertainty in the ...
Tags: Steel