Posts Tagged: ‘steel research’

Random Thoughts from Recent Steel Investor Calls

February 26, 2013 Posted by Steel Market Intelligence

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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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January OCTG Prices Keep Up the Slow Decline

January 31, 2013 Posted by Steel Market Intelligence

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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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Advance/Decliner Index Drops but Global Pricing Trends Remain Firm; Nucor Hikes Sheet Prices

January 24, 2013 Posted by Steel Market Intelligence

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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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Chinese Net Steel Exports Surge 27% in 2012

January 10, 2013 Posted by Steel Market Intelligence

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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 Steel Imports Decline 8%; All-Time Records for Japanese and Korean Imports as China Floods Asian Market

January 8, 2013 Posted by Steel Market Intelligence

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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 Scrap Prices Come in Flat; Weaker-than-Anticipated

January 8, 2013 Posted by Steel Market Intelligence

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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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October ABI Hits New Highs; Residential Highest Since April 2005

November 21, 2012 Posted by Steel Market Intelligence

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The American Institute of Architects’ (AIA) ABI Index – a leading indicator of non-residential construction activity – rose for the fifth consecutive month in October, and for the …more

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Gerdau – New Mining Plan; Global Steel Consumption to Accelerate in 2013 – Thoughts from the 3Q Conference Call

November 6, 2012 Posted by Steel Market Intelligence

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Gerdau (GGB) reported 3Q EBITDA of R$1.033B, below the Street’s R$1.218B, and 2Q’s R$1.244B due to weaker performance from the North America, Specialty Steel and …more

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AK Steel Quickly Follows US Steel’s $40 Sheet Hike

October 17, 2012 Posted by Steel Market Intelligence

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Quick on the heels of US Steel’s leading sheet price hike yesterday, AK Steel followed with a $40/ton hike of its own, and we expect others to make similar moves in the next few …more

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Join Our Steel Equity Researchers Group on LinkedIn

October 1, 2012 Posted by Steel Market Intelligence

Steel Equity Researchers on LinkedInCurated and managed by Steel Market Intelligence, Steel Equity Researchers provides analysis and forecasts you and your company need that you won’t find anywhere else.

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