New Report Preview:
The March survey showed that after a meaningful pick-up in outlook earlier in the year, steel buyers are becoming less optimistic about future business conditions…more
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New Report Preview:
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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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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New Report Preview:
Important points from recent company investor calls, including Rio Tinto, BlueScope Steel, Usiminas, BHP Billiton, Vallourec and TMS International include: …more
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Despite iron ore prices hitting multi-year highs, just-settled February scrap prices declined $10/ton for prime and $9/ton for obsolete, according to data from AMM…more
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New Report Preview:
According to Pipe Logix, January OCTG prices continued lower, dropping by 0.6% or $11/ton from December. The January price of $1,720/ton was the lowest in two years and…more
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Our Advance/Decliner Index declined from the two-year high recorded the week before, but remained at a high level. Our China Index fell…more
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New Report Preview:
December Chinese net steel exports dropped 6.2% to a four-month low of 3.78 million tonnes (mt) compared with November’s 4.07 mt. We suspect…more
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December import licenses declined 8.0% to 2.2 million tonnes (mt) from 2.4 mt in November, the lowest level since last December. The overall decline was driven by…more
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January prices in Chicago for #1 busheling (prime) settled flat for the second straight month at $390/ton, while shredded was unchanged at $386/ton, we believe…more
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