Interest in the Central European steel sector came not only from the West, but also from further East. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Interest in Central European steel assets Ukrainian group Industrial Union of Donbass (ISD) acquired Hungarian integrated flats producer Dunaferr in 2004. The group […]
Category: Ferrous Metals
European steel review, Part 1: Central, Eastern Europe offer mixed picture
(Editor’s Note: This is the first of a two-part review of the European steel sector.) While steelmakers east of Berlin are working to meet rising demand, others are facing myriad technical and regulatory challenges. Those challenges include a global pandemic that has severely impacted economies, industry watchers and market participants told MetalMiner. Sign up today […]
This Morning in Metals: Steel capacity utilization rises to 71.4%
This morning in metals news: the U.S.’s steel capacity utilization rate reached 71.4% for the week ended Nov. 14; a survey by INVERTO took a look at procurement trends during the COVID-19 pandemic; and steel prices continue to rise. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Capacity utilization […]
Week in Review: Copper price gains; gold’s one-day plunge; steel imports down 22%
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including the copper price, oil price gains and steel imports: The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the fundamental […]
This Morning in Metals: U.S. steel imports down 22% through October
This morning in metals news: U.S. steel imports were down by 22.2% year over year through the first 10 months of 2020; German steelmaker Thyssenkrupp AG is seeking state aid; and the nickel price has bounced back in November after falling during the second half of October. Want more from MetalMiner? We offer exclusive analyst […]
Stainless MMI: Top producer South Africa proposes chrome export tax
The Stainless Monthly Metals Index (MMI) increased by 5.3% for this month’s index value, as this month we touch on Chinese stainless production, South Africa’s proposed chrome export tax and more. Upcoming negotiation on your stainless steel buy? Make sure you know how your service centers will negotiate with you. Chinese stainless steel market The […]
China’s steel trade is returning to form as import-export balance recalibrates
We wrote last month how China’s rapid recovery from the COVID-19 pandemic resulted in the country importing semi-finished products for which it previously had been self-reliant or even a net exporter for the last decade. Some steel products and primary aluminum swung into becoming significant net inflows for the economy during the summer months. But […]
This Morning in Metals: U.S. steel capacity utilization rate rises to 71.1%
This morning in metals news: the U.S. steel sector’s capacity utilization rate rose to 71.1% last week; WTI crude oil has bounced back up over the last week; and Arconic recently released its Q3 financial results. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding of the […]
Raw Steel MMI: U.S. steel prices continue uptrend
The Raw Steels Monthly Metals Index (MMI) increased by 5.4% this month, as U.S. steel prices continued to rise last month. Are you on the hook for communicating the company’s steel performance to the executive team? See what should be in that report! U.S. and Chinese prices relation U.S. steel prices continued to increase in […]
This Morning in Metals: Nucor reaches deal to buy Arkansas paint line facility
This morning in metals news: Nucor Corporation has reached an agreement to acquire the Precoat Metals Corporation’s paint line facility in Armorel, Arkansas; Constellium recently released its Q3 financial results; and the U.S. HRC price continues to rise. The MetalMiner 2021 Annual Outlook consolidates our 12-month view and provides buying organizations with a complete understanding […]
