Product
August 9, 2013
Iron Ore & Scrap Futures: Up, Up and Away and Firm in a Sideways Market
Written by Bradley Clark
Written by: Bradley Clark, Director of Steel Trading, Kataman Metals
TSI Iron Ore: Prices Up, Up and Away…
Latest in Product
AISI: US production retreats after early September surge
Domestic raw steel output fell to a six-month low last week after hitting a multi-year high one week earlier, according to the latest American Iron and Steel Institute (AISI) figures.
Nucor increases spot HR by $10/ton
Nucor said on Monday, Sept. 21, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,210 per short ton (st) this week, a $10/st increase from a week earlier.
Plate supply squeeze tightens as demand presses higher
The domestic plate market is showing few signs of relief for steel buyers. Lead times are stretching well beyond seasonal norms, spot availability has all but evaporated, and mills are drawing hard lines on contract volumes heading into 2027 negotiations.
SSAB Americas hikes extras, doubles Grade 50 adder
SSAB Americas announced immediate changes to pricing extras on select products, according to a letter sent to customers Friday morning.
Drilling activity rises further in US, declines in Canada
Drilling activity increased in the US this week but declined in Canada, according to active oil and gas rig count figures recently released from Baker Hughes. The US rig count rose by four to 595 rigs this week, now at the highest level recorded in over two years. Canadian counts eased to a 10-week low of 197 this week, down 10 rigs from the prior week.