Steel Market Intelligence » hrc https://www.michelleapplebaum.com/blog Analytical Steel Industry Expertise Wed, 09 Apr 2014 19:25:37 +0000 en-US hourly 1 Sheet Prices – Rush to Raise Prices https://www.michelleapplebaum.com/blog/?p=2527 https://www.michelleapplebaum.com/blog/?p=2527#comments Thu, 18 Oct 2012 01:08:35 +0000 http://www.michelleapplebaum.com/blog/?p=2527 New Report Preview:

Following US Steel’s leading $40/ton sheet price hike yesterday, Nucor, ArcelorMittal, AKSteel, Severstal and NLMK have now announced matching price increases, with Severstal’s HRC list price set at $620/ton, a 7% increase. An additional five sheet producers raising prices cements the credibility of US Steel’s initial move and we expect any mill yet to follow to do so in quick order…more

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]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2527 0 August Steel Imports Drop; China Surges https://www.michelleapplebaum.com/blog/?p=2351 https://www.michelleapplebaum.com/blog/?p=2351#comments Wed, 26 Sep 2012 00:06:50 +0000 http://www.michelleapplebaum.com/blog/?p=2351 New Report Preview:

August preliminary imports declined 4.2% to 2.48 million tons (mt), with meaningful declines for line pipe (-32.9%), coiled plate (-27.2%), hot-rolled coil (HRC) (-25.2%) and …more

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]]> https://www.michelleapplebaum.com/blog/?feed=rss2&p=2351 0 Steel Market Production Changes – September 21, 2012 https://www.michelleapplebaum.com/blog/?p=2305 https://www.michelleapplebaum.com/blog/?p=2305#comments Fri, 21 Sep 2012 22:31:12 +0000 http://www.michelleapplebaum.com/blog/?p=2305 Steel Market Production Increases – Mexican steelmaker Ternium announced that production will begin in July 2013 at the greenfield 1.5 million tpy cold-rolling mill and 400,000 tpy hot-dipped galvanizing mill in Pesquería, Nuevo León.

Steel Market Production Cuts – Russian steelmaker Mechel announced that operations at the 810,000 tpy Romanian billet plant – Otelu Rosu – will be suspended indefinitely, beginning in October.

Steel Market Production Increases – General Steel Holding announced a plan to begin construction “within the year” on a 900,000 tpy rolling mill at the Longmen JV facility in central China. The current crude steel capacity of the facility is about 4 million tpy.

Steel Market Production Increases – Construction on Evraz’s 410,000 tpy Kostanay rebar rolling mill in Kazakhstan is approximately 30% complete and is expected to begin production in mid-2013.

Steel Market Production Increases – Libyan Iron & Steel Co (LISCO) announced that production at the Misurata hot-strip mill was restarted at the end of last month. LISCO has capacity for 580,000 tpy of HRC, 140,000 tpy of CRC, 80,000 tpy of HDG and 40,000 tpy of color-coated coil but according to Platts, “it is unlikely that all the lines are working and at full capacity.”

Sources: Steel Business Briefing, SteelOrbis, American Metal Market

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