New Report Preview:
According to American Metal Market, US Steel is attempting to lead with a $50/ton sheet price hike effectively immediately. This move follows Severstal’s failed attempt…
For a copy of our full report, please contact us.
Posts Tagged: ‘steel analysis’
April Global Steel Production Rises as China Surges While Rest of World Drops
New Report Preview:
April global steel production rose by 1.5% from March to 4.4 million tonnes per day (mtpd) and gained 1.2% from the year-ago level driven by…
For a copy of our full report, please contact us.
Advance/Decliner Drops to One-Year Low on Chinese-Driven Weakness
New Report Preview:
Our Advance/Decliner Index fell back to its one-year low after posting a nominal uptick the previous week. A sharp 5% drop in iron ore prices combined with news of…
For a copy of our full report, please contact us.
April Steel Distributor Shipments Show Surprising Pick-up; Inventories Drop on Flat-Rolled Decline
New Report Preview:
April MSCI shipments rose 1% sequentially versus the normal seasonal drop of 1.8%, with shipments for all products posting sequential gains. However, we suspect this is due to…
For a copy of our full report, please contact us.
Advance/Decliner Index Remains Dismal; Ex-China Index Hits Four-Year Low
New Report Preview:
While our Advance/Decliner Index posted a nominal uptick, our Ex-China Index declined to a four-year low due to a combination of Chinese overcapacity being exported and…
For a copy of our full report, please contact us.
Advance/Decliner Index Lowest Since Last May
New Report Preview:
Our Advance/Decliner Index remained at a one-year low last week as our China Index remained at a low level due to a combination of…
For a copy of our full report, please contact us.
April Chinese Steel Exports Hit New Post-Recession High
New Report Preview:
With estimated late April Chinese production hitting yet another new all-time high following production records that were set during 1Q, Chinese overcapacity has driven…
For a copy of our full report, please contact us.
April ISM Steel Survey – Outlook Weakens but Hiring Positive Surprise
New Report Preview:
The April Institute for Supply Management (ISM) Steel Buyer Survey showed that buyer optimism seen earlier this year has faded over the past two months…
For a copy of our full report, please contact us.
May Scrap Prices Slide Again
New Report Preview:
According to just-published data from American Metal Market (AMM), May prime and shredded scrap prices each declined $22 (-5.5-5.6%) to $380/ton and $368/ton as…
For a copy of our full report, please contact us.
Lockout at US Steel’s 2.6m tpy Flat-Rolled Lake Erie Works
New Report Preview:
US Steel has given USW members at the company’s 2.6m tpy Lake Erie Works a 72-hour notice that a lockout will begin at 9 A.M. EDT on Sunday. We are unsurprised…
For a copy of our full report, please contact us.
