Product
January 4, 2013
Chinese Trade Data for November
Written by John Packard
Latest in Product
Rig count pushes higher in US, eases in Canada
Oil and gas drilling activity in the US picked up over the past week, while drilling in Canada slowed, according to the latest Baker Hughes rig counts.
Steel market chatter this week
Earlier this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events.
US prices move higher, imports drawing more attention
Imports from Europe are at parity with domestic hot rolled, while Southeast Asian products remain at a considerable discount. The result comes because a stateside rally coincides with faltering offshore prices.
Sheet market expects limited spot availability to persist
Hot-rolled coil spot market participants told SMU they see no evidence of the market softening in the near term.
Cliffs eyes Middletown investment, hurdles remain for Dearborn restart
Cleveland-Cliffs plans to upgrade its ironmaking process at Middletown Works, according to a permit filing with the Ohio EPA.