The U.S. steel industry’s capacity utilization rate for the year through Dec. 14 held at 80.1% for the second straight week, according to weekly production reported by the American Iron and Steel Institute (AISI). Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! The U.S. steel industry […]
Tag: steel price
Raw Steels MMI: Steel price increases boost the index
The Raw Steels Monthly Metals Index (MMI) showed some strength this month with a three-point increase, rising to 69 from 66 last month. U.S. steel prices rebounded in November when recent mill prices increases took effect. Once again, plate price increases have lagged behind the other forms, (similar to July, when plate prices failed to […]
This Morning in Metals: U.S. steel prices gain momentum
This morning in metals news, U.S. steel prices have gained some upward momentum over the last month, the U.S. and Mexico are reportedly drawing closer to an agreement over revisions to the United States-Mexico-Canada Agreement (USMCA), and U.S. steel import permit applications declined in November. Looking for metal price forecasting and data analysis in one […]
This Morning in Metals: U.S. steel imports down 16%
This morning in metals news, U.S. steel imports were down 16% through the first 10 months of the year, steel companies are raising their prices and protests continue in the world’s top copper-producing country. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Steel […]
U.S. steel capacity utilization rate reaches 80.4% before Thanksgiving
The U.S. steel sector’s steel capacity utilization reached 80.4% for the week ending Nov. 23, as steel prices have recently showed some signs of bouncing back as we inch closer toward 2020. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Adjusted year-to-date steel production reached 87.20 million net tons at […]
Don’t look to Beijing to raise global growth via stimulus as it has in the past
In previous downturns, Beijing has taken a range of stimulus measures to keep the economy growing robustly; as a result, it has contributed positively to global GDP and commodity prices. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. But this time around Beijing […]
Chinese steel, raw material prices are on the rise
Amid the doom and gloom on steel prices – at least for producers, you won’t hear consumers complaining — a couple of Reuters reports suggest some of the relentless pressure on prices may ease early next year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Demand in top consumer China […]
U.S. Year-to-Date Steel Capacity Utilization Rate Holds at 80.3%
The U.S. steel sector’s capacity utilization rate incrementally declined in recent months, falling from 81.0% for the year to date as of late August down to 80.3% as of this past week, according to the American Iron and Steel Institute (AISI). The year-to-date capacity utilization rate this year has reached as high as 81.9% (back […]
Aluminum, Steel Demand Weakens in Northern Europe
The normally pragmatic Netherlands has been strangely agitated recently, as both the construction and agricultural industry have protested on the streets of the capital, the Hague, against the government’s measures for combating nitrogen and PFAS-based pollution. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In itself this would barely be […]
Raw Steels MMI: Global Steel Prices Fail to Gain Traction
The Raw Steels Monthly Metals Index (MMI) showed mixed price movements in October, with declines outweighing increases for a one-point index drop to 66. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. steel prices continued to weaken during October, possibly reaching a new bottom. Prices appeared to bottom out […]
