Prices for hot-rolled and cold-rolled coil in the US are expected to bottom out by the end of the year, sources said Tuesday. Platts maintained its daily HRC and CRC assessments at $360-$370/st and $490-$500/st, respectively. Both prices ...
Tags: hot-rolled coil, cold-rolled coil
Steel markets in China showed little reaction to the central bank's third interest rate cut in six months Sunday, May 10, with some citing the small magnitude of change as a reason. Spot offers for 18-25 mm diameter HRB400 rebar, a key ...
Tags: Steel Market, Iron Steel
Global steel giant ArcelorMittal has announced that its European unit is providing 310,000 mt of hot rolled coils (HRC) from its production site in Bremen, Germany, more than one third of all the hot rolled coils needed for the Trans ...
Tags: oil, gas industry, Metallurgy
Hamilton Caster is well known for making heavy duty industrial casters – and now, one of the biggest. Hamilton recently designed and built the Colossus: four 100,000-pound capacity casters requested by a federal contractor. Fully ...
Tags: industrial casters, crane, Auto
In the week from October 20 to October 26, on the Orbis Steel Index the Turkish scrap index started to move upwards, while the US (East Coast) HMS I/II scrap export index continued to move sideways. In the given week, the Turkish rebar ...
Tags: Turkish Scrap, Steel, Energy
The American Iron and Steel Institute (AISI) applauded Monday the Department of Commerce’s (DOC) decision to revoke the outdated “suspension agreement” with Russia, which has prevented antidumping duties from being imposed ...
Tags: Iron, Steel, antidumping duties
According to data released by the China Iron and Steel Association (CISA) on September 15, as of the end of August (August 31) the composite steel price index (CSPI) for the Chinese domestic market was at 90.63 points, down 1.25 points or ...
Tags: Composite Steel, Iron, Steel
In the week from August 11 to August 17, on the Orbis Steel Index the scrap indexes moved upwards. In the given week, the Turkish rebar index increased for the second consecutive week, while the Turkish flat rolled product indexes showed ...
Tags: Scrap, Metallurgy, Mineral
Regarding the 11 percent antidumping (AD) duty imposed on Turkish hot rolled flat steel imports, the Turkish Steel Exporters Association (CIB) has said that the Moroccan authorities did not specify how the duty rate was calculated and what ...
In the week from July 14 to July 20, on the Orbis Steel Index the scrap indexes moved upwards. In the given week, the Turkish rebar index increased slightly, while the Turkish flat rolled product indexes showed either upward or sideways ...
Tags: Orbis, data, Metallurgy, Mineral
In the week from July 21 to July 27, on the Orbis Steel Index the Turkish scrap index moved upwards, while the US (East Coast) HMS I/II scrap export index switched to sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Orbis Steel Index, Turkish.Move
Indonesia-based steelmaker PT Krakatau Steel (Persero) Tbk (PT KS) has announced that it has signed an agreement with its subsidiary PT Krakatau Engineering and German plantmaker SMS Siemag for the construction of a 1.5 million mt hot strip ...
Tags: agreement, hot strip, Metallurgy, Mineral
According to a report released by the South East Asia Iron and Steel Institute (SEAISI), in 2013 China overtook Japan as the biggest source of steel imports of ASEAN (Association of South East Nations) countries, with a market share of ...
Tags: China, steel, Metallurgy, Mineral
In the week from August 4 to August 10, on the Orbis Steel Index the Turkish scrap maintained its upward movement, while the US (East Coast) HMS I/II scrap export index continued to move sideways. In the given week, the Turkish rebar index ...
Tags: Turkish Scrap, Steel
US sheet steel deals are getting progressively tougher to find as producers find renewed confidence in their order books and their lead times, market sources said Thursday. One service center buyer said $670/st is the most common ...
Tags: Sheet Steel