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According to press reports, US Steel and the USW representing members of the 2.6 million ton per year Lake Erie Works have been unable to come to a new agreement…
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Posts Tagged: ‘steel research’
March Global Steel Production Bucks Normal Seasonal Trend, Falling 1.7%
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March global steel production bucked the normal season uptick of 1.2%, declining some 1.7% from February’s all-time record of 4.43 million tonnes per day (mtpd) to…more.
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Advance/Decliner Index Rises on Chinese Pricing Improvement, but Remains at Low Level
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Our Advance/Decliner Index posted its first uptick in seven weeks as our China Index advanced on bullish newsflow, but our Ex-China hit a six-month low as…more
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March Steel Distributor Shipments Show Surprising Weakness; Inventory Decline Stalled
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March MSCI shipments bucked the normal seasonal improvement of 2.2%, declining a disappointing 3.0% from February’s nine-month high to the lowest level since… more
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March Chinese Steel Production Falls but Still at Second Highest Ever
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Final March Chinese steel production declined 3.2% from February’s record 2.21 million tonnes per day (mtpd), but at 2.14 mtpd was still the second highest on record…more
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March Chinese Steel Exports Surge – Ominous Sign for Global Steel
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As Chinese production hit a new all-time record in February and remained near record levels in March, the jump in exports is unsurprising…more
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Advance/Decliner Index Falls Further, Remains at Seven-Month Low
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Our Advance/Decliner Index fell for the sixth consecutive week, remaining at the lowest level since last September asour Ex-China Index hit a six-month low…more
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Gerdau (GGB) Surprises with Leading Rebar Price Increase; Stronger Spring Construction Demand Driving Potential Pick-up
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In a surprise move, Gerdau North America is leading with a $10/ton price increase for rebar effective April 15, despite the $22/ton drop in April scrap prices, according to AMM…more
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April Scrap Prices Reverse Course Falling 5%
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According to just-published data from American Metal Market (AMM), April prime and obsolete scrap prices fell 5.0% and 5.3%. The main drivers of declines were…more
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Advance/Decliner Index Falls to Seven-Month Low on Continued Chinese Pricing Weakness
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Our Advance/Decliner Index fell for the fifth consecutive week as our Our China Index dropped to the lowest since last September…more
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