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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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Posts Tagged: ‘steel imports’
April Imports Surge 8.2%; Japan Highest Since Asian Financial Crisis
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Preliminary April imports jumped 8.2% to a five-month high of 2.68 million tons (mt) from 2.48 mt in March, driven primarily by…
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US Steel Leads with a $50 Sheet Hike
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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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Advance/Decliner Drops to One-Year Low on Chinese-Driven Weakness
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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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Advance/Decliner Index Remains Dismal; Ex-China Index Hits Four-Year Low
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While our Advance/Decliner Index posted a nominal uptick, our Ex-China Index declined to a four-year low due to a combination of Chinese overcapacity being exported and…
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Advance/Decliner Index Lowest Since Last May
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Our Advance/Decliner Index remained at a one-year low last week as our China Index remained at a low level due to a combination of…
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April Chinese Steel Exports Hit New Post-Recession High
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With estimated late April Chinese production hitting yet another new all-time high following production records that were set during 1Q, Chinese overcapacity has driven…
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April ISM Steel Survey – Outlook Weakens but Hiring Positive Surprise
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The April Institute for Supply Management (ISM) Steel Buyer Survey showed that buyer optimism seen earlier this year has faded over the past two months…
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May Scrap Prices Slide Again
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According to just-published data from American Metal Market (AMM), May prime and shredded scrap prices each declined $22 (-5.5-5.6%) to $380/ton and $368/ton as…
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Preliminary March Imports Rise Modest 1.4%
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Preliminary March imports rose 1.4% to 2.48 million tons (mt) from 2.44 mt in February as…
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