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UNITED STATES
September 26th 2016 According to latest statistics published by the World Steel Association, the world crude steel output by 66 countries reporting to the Association totaled 134.125 Million tonnes during August this year.
UNITED STATES
September 23rd 2016 According to the recent data published by the World Steel Association, the crude steel production by South and North American regions declined considerably during the month of August this year.
BELGIUM
September 23rd 2016 The crude steel production by South American countries dropped significantly during the month of August this year.
CHINA
September 16th 2016 The latest data released by the country’s National Bureau of Statistics indicates that Chinese crude steel output rebounded during the month of August this year.
UNITED STATES
September 15th 2016 Latest steel prices from hundreds of contributors updated on September 15th, 2016. One of the most powerful tools for steel and scrap traders.
UNITED STATES
September 15th 2016 The preliminary investigation by the US Department of Commerce (DOC) has revealed that imported stainless steel products from China were being sold in the US at below fair value.
UNITED STATES
September 14th 2016 Ferrous scrap prices hit the skids this month, with busheling and bundles falling by $30 per gross ton and obsolete grades tumbling by as much as $25 per ton. The drop in the industrial scrap prices was expected and follows price cuts in these grades in both July and August.
UNITED STATES
September 9th 2016 Ferrous scrap demand this month is weaker than dealers expected. Several Detroit area steel producers are buying fewer tons this month and have slashed their busheling and bundles prices by $30 per gross ton. They also obtained “sympathetic” downward price moves of $20 per ton...
UNITED STATES
September 9th 2016 The import permit tonnage of finished steel totaled 2,282,000 net tons during August, down by 8% when matched with the final imports total of 2,471,000 net tons in July.
UNITED STATES
September 7th 2016 Representatives belonging to nine steel industry trade groups have expressed cautious optimism on the measures proposed to curb excess steel capacity during the recently concluded G-20 Summit at Hangzhou, China.
SOUTH KOREA
September 2nd 2016 Korean steel giant POSCO Co. has unveiled its first automotive steel plate plant in Southeast Asia.
UNITED KINGDOM
August 31st 2016 Sucden Financial has released the Analysis and Forecast Report on Iron Ore and Steel for Q3 this year.
UNITED STATES
August 31st 2016 Grand Rapids, Minnesota-based Magnetation LLC has announced its plans to shut down its Minnesota and Indiana facilities.
UNITED STATES
August 30th 2016 Ferrous scrap traders and brokers don’t expect to see much buying this week. Most believe the mills will wait until after the Labor Day holiday to begin purchasing scrap for the month. Several have told suppliers they have enough scrap on hand or en route to their mills...
Steel Scrap Price
ItemPriceUnit
#1 Bundle250.00$US / MT
#1 Busheling265.00$US / MT
#1 HMS220.00$US / MT
HMS 80/20195.00$US / MT
Sheet Metal155.00$US / MT
Shredded Auto Scrap235.00$US / MT