ArcelorMittal Building in Steelton Destroyed by Gas Explosion

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An ArcelorMittal building was destroyed in what “Steelton Mayor Thomas Acri said was a gas explosion Sunday,” reports Penn Live.

“No one was injured in the explosion and a subsequent fire, which was reported after 1 p.m.”

“The gas leak started in a building that is approximately 45-by-50 feet and is used partly as a washroom, Acri said. No one was inside the building at the time of the explosion. The cause of the gas leak remains under investigation.”

In metal price news for stainless steel and nickel…

The day’s biggest mover was the nickel 3-month price which dropped by 2.0 percent on Friday, January 31 to close at $13,880 per metric ton on the LME. The spot price of nickel saw a 1.7 percent decline on the LME to $13,860 per metric ton. The Indian nickel cash price declined 1.6 percent.

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Chinese stainless steel prices were flat for the day. The price of Chinese ferro-chrome saw little movement. The price of Chinese ferro-moly remained essentially flat.

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For the fifth consecutive day, the price of Chinese 316 stainless coil held flat. The price of Chinese 304 stainless coil was unchanged. For the fifth day in a row, the price of Chinese 316 stainless steel scrap remained essentially flat. The price of Chinese 304 stainless steel scrap held steady. The price of Chinese primary nickel held steady.