Product
January 21, 2013
Semi-Finished, HRC, CRC and Galvanized Imports by Port
Written by John Packard




Product
January 21, 2013
Written by John Packard




Swedish steelmaker SSAB reported lower profits in the second quarter at its Americas unit. And it expects outage charges in the third quarter.
Spot market absorbs price hikes amidst booming plate demand
Steel Dynamics Inc.'s (SDI's) executives said they are working with the current administration towards keeping a robust trade policy that favors US products, and that scrap supply in the US remains "ample."
Sheet prices continued to grind higher this week on factors familiar to most steel market participants: extremely limited spot availability, long lead times, low inventories, and firm demand.
The galvanized steel market isn't surging anymore; it's grinding.