Product
February 1, 2013
Ferrous Scrap Exports – January through November 2012
Written by John Packard
Latest in Product
Winter weather a factor as scrap market debates January pricing
There is disagreement over whether prices will increase meaningfully going into the new year. Prices did see a small increase in December, but several sources SMU has contacted have told us they are hearing price rises may be limited compared to past years.
Oregon Steel Mills ups plate prices by $40/ton
Oregon Steel Mills has joined other producers, announcing a price increase of at least $40 per short ton (st) for steel plate. The Portland, Ore.-based company told customers on Monday that the minimum increase was effective immediately with all new orders. It applies to all carbon, HSLA, hot-rolled coil, normalized, and quenched and tempered products, […]
Nucor HR spot price flat at $950/ton
Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st).
Pause on 5 windfarm leases could threaten steel plate demand
Demand for heavy steel plate used in offshore wind farms faces renewed uncertainty after President Trump paused leases for five offshore wind projects.
Rig count update: US activity increases, Canada plunges
The number of oil and gas rigs operating in the US ticked higher this week, while Canadian activity tumbled, according to the latest data released from Baker Hughes.