Posts Tagged: ‘steel industry’

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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July Global Steel Production Drops Less than Seasonally Normal as Chinese Output Remains Robust

August 20, 2013 Posted by Steel Market Intelligence

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July global steel production declined 2.2% to 4.269 million tonnes per day (tpd), less than the normal seasonal drop of 3.5%, mainly due to persistent overproduction from China…

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July Flat-Rolled Inventory Drops Further; Shipments Weaken After Strong June

August 16, 2013 Posted by Steel Market Intelligence

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There was a reasonable amount of good news in the July MSCI report. First, in an unusual move, flat-rolled inventories dropped nearly 3% from June; it’s rare to see inventories…

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Advance/Decliner Index Moves Sideways on Higher China, Weaker Elsewhere

August 15, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index posted a nominal improvement as a 2.3% increase in iron ore prices, bullish comments about the Chinese real estate market and a 2.1% drop in final…

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Advance/Decliner Index Remains High with Weaker China

August 7, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index declined slightly this week as news of a 2.3% rebound in Chinese steel production in mid-July and a 1.9% drop in iron ore prices put downward…

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July ISM Steel Survey – Where Did the Optimism Go?

August 5, 2013 Posted by Steel Market Intelligence

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The July Institute for Supply Management (ISM) Steel Buyer Survey showed a flattening of the outlook for the overall economy and respondents’ own businesses and indicated…

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Chinese Steel Production Flash – Mid-July Output Rebounds on Rising Prices

July 31, 2013 Posted by Steel Market Intelligence

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Chinese steel production estimated by the China Iron & Steel Association (CISA) rose 2.3% to 2.13 million tonnes per day (mtpd) in mid-July, after posting a surprising 4.5% drop…

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Advance/Decliner Index Highest Since January; Chinese Pricing Strength Continues – For Now

July 30, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index rose to the highest level since early January. The increase was driven by our Ex-China Index rising as more price increases were announced in…

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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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Advance/Decliner Index Remains High as China Index Highest Since February; AK Steel Flags Another Sheet Hike

July 23, 2013 Posted by Steel Market Intelligence

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Our Advance/Decliner Index fell slightly from the six-month high recorded the week prior. The slight drop was due to our Ex-China Index falling from a six-month high as our China…

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