Tag: Steel

Steel Prices Pick Up Momentum to Kick Off 2018

Steel Prices Pick Up Momentum to Kick Off 2018

Steel price momentum appears significantly stronger with the start of the year. Steel price momentum shifted in December, showing stronger upward movement. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Despite the momentum, MetalMiner remains cautious about steel prices. The U.S. Department of Commerce’s Section 232 outcome might also add some […]

This Morning in Metals: Metals Supplies, NLMK and Copper Tracks Back

This morning in metals news, the metals supply situation is complicated, Russian steel producer NLMK‘s output rose 3% last year and copper dropped the most it had in almost six weeks. MetalMiner’s Annual Outlook provides 2018 buying strategies for carbon steel What is the Supply Situation? According to Reuters, stocks of metals in LME industrial […]

America is Picking the Right Fight with the Wrong Enemy

America is Picking the Right Fight with the Wrong Enemy

The above headline is true, assuming the U.S.’s avowed aim is the health and future of the American steel industry and its workers. Need buying strategies for steel in 2018? MetalMiner’s Annual Outlook has what you need No one would dispute the idea that the world has too much steelmaking capacity. Many emerging markets and […]

This Morning in Metals: Steel Wins Big with New Ram, Chevy Models

This morning in metals news, two new vehicles made mostly with steel represent a victory for the steel industry, iron ore prices are down and the U.S. International Trade Commission (ITC) voted to continue its investigation into common alloy aluminum sheet from China. Wondering how your stainless steel prices compare to the market? Benchmark with […]

Section 232 Steel Probe Report Moves on to President Trump

Section 232 Steel Probe Report Moves on to President Trump

After a couple of self-imposed deadlines blown by and a lot of waiting, the next step in the Section 232 process has finally arrived. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Thursday evening the Department of Commerce announced Secretary of Commerce Wilbur Ross had completed his Setion 232 steel report […]

This Morning in Metals: Proposed Law Could Offer Fewer Protections for U.K. Steel Industry than E.U. Regulations, Union Warns

This morning in metals news, a law proposed in the U.K. could have a negative impact on the domestic steel industry as the country moves forward with Brexit talks, steel production in the U.S. Great Lakes region has jumped to start the year, four firms have submitted resolution plans for Electrosteel Steels and the U.S. […]

This Morning in Metals: China Issues Stricter Rules on New Capacity

This morning in metals news, China has issued stricter rules on building new steel capacity, Chinese steel production is expected to slow down in 2018 and LME copper rises as the dollar loses ground. Benchmark Your Current Metal Price by Grade, Shape and Alloy: See How it Stacks Up New Rules to Put the Squeeze […]

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