Posts Tagged: ‘steel exports’

May Imports Rise to 11-Month High; Hot-Rolled Sheet Lowest Since February 2011

June 25, 2013 Posted by Steel Market Intelligence

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Preliminary May imports rose 4.6% from 2.68 million tons(mt) in April to 2.8 mt, the highest level since last June. The increase was primarily driven by…

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AK Steel (AKS) – Will Middletown Outage Rescue Flat-Rolled Market?

June 25, 2013 Posted by Steel Market Intelligence

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AK Steel announced that its primary 2.5-3.0 million ton per year blast furnace at its Middletown (OH) Works facility experienced a mechanical failure that is likely to…

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Global Steel Production Sideways in May; Capacity Utilization Falls Below 80%

June 20, 2013 Posted by Steel Market Intelligence

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May global steel production fell by a normal seasonal 0.2% from April to 4.397 million tonnes per day,  but rose 2.6% from the year-ago level. The y-o-y growth was due to…

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Advance/Decliner Index Continues Nominally Higher, but Well Below Key 50 Level

June 17, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index rose to a three-month high, but remained at low levels.  The uptick was driven by strengthening domestic sheet prices and less weakness in the…

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AK Steel Leads with Second Sheet Hike

June 13, 2013 Posted by Steel Market Intelligence

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AK Steel announced a leading $40/ton sheet hike this afternoon, the second increase in three weeks. We suspect AK’s move is…

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Second Sheet Price Increase Increasingly Likely

June 12, 2013 Posted by Steel Market Intelligence

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We suspect we’ll see a second price increase announced, with about half of the original $50/ton May 22 sheet price hike sticking at the three-week mark. This is the first time…

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Advance/Decliner Index Remains Weak

June 11, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index rose to a seven-week high as domestic sheet prices continued to climb and Chinese prices strengthened on the back of…

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YTD May Chinese Steel Exports Up Whopping 22%; Bao Cuts Prices

June 10, 2013 Posted by Steel Market Intelligence

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May Chinese net steel exports declined 3.3% to 4.11 million tonnes (mt) from April’s post-recession high of 4.25 mt as gross steel exports…

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Advance/Decliner Index Falls Slightly as Chinese Pricing Continues to Deteriorate

June 4, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index fell last week as pricing weakness spread to Latin America, driving our Ex-China Index down.  Our China Index remained at a dismal level due to…

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Advance/Decliner Index Ticks Slightly Higher on Domestic Sheet Price Hike

May 30, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index rose slightly after hitting a one-year low last week  due solely to…

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