Posts Tagged: ‘steel construction’

July ABI – Total Index Rebounds, Project Inquiries Near 8-Year High

August 21, 2013 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 – rebounded to 52.7 from 51.6 in June and broke 50 for the third…

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June ABI Down but Above 50 – Commercial/Industrial Index Highest Since December 2007

July 24, 2013 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 – fell to 51.6 in June after rebounding to 52.9 in May from April’s…

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IIIN – Construction Market to See Modest Improvement, Recovery “Unimpressive” – Thoughts from the JunQ Conference Call

July 23, 2013 Posted by Steel Market Intelligence

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Insteel Industries (IIIN) reported JunQ earnings of $0.18/share, which adjusted to $0.19/share, substantially below the Street’s $0.27/share and slightly lower than…

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June Flat-Rolled Inventory Lowest in Two Years; Shipments Pick Up Strength on Price Hikes

July 17, 2013 Posted by Steel Market Intelligence

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June carbon steel inventories declined another 1.2% to the lowest since February 2011, while average daily shipments gained 0.8%, bucking the normal seasonal drop of …

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May ABI Mixed Messages – Overall ABI Back Above 50; Commercial/Industrial Index Hits 3-Year Low

June 19, 2013 Posted by Steel Market Intelligence

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The American Institute of Architects’ ABI Index – a leading indicator of non-res construction activity – rebounded to 52.9 in May, after falling to 48.6 in April – the first time…

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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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US Steel Leads with a $50 Sheet Hike

May 23, 2013 Posted by Steel Market Intelligence

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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…

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April ABI Drops Below 50 for the First Time in Nearly a Year

May 22, 2013 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 – dropped below 50 to 48.6 in April, indicating…

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April Global Steel Production Rises as China Surges While Rest of World Drops

May 21, 2013 Posted by Steel Market Intelligence

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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…

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Advance/Decliner Drops to One-Year Low on Chinese-Driven Weakness

May 21, 2013 Posted by Steel Market Intelligence

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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…

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