• Skip to main content

    Prices

    December 1, 2014

    Keystone Pipeline: The Opposing View

    Written by Peter Brebach

    Steel Market Update has written a number of articles about the Keystone Pipeline. The pipeline has not been completed due to politics and environmental issues. We received an article from Peter Brebach, CEO of Iron Angels of Colorado which takes a look at the other side of the issue from an economic and environmental perspective:

    The Keystone XL pipe line has been in and out of the news for years. The Canadians (TransCanada) want to build it, most Republicans and most industry people are for it, while most Democrats and practically ALL environmentalists are against it. Most of the arguments for it are based on hype and outright falsities, while some of the arguments against it are over-stated. This article is intended to bring some clarity to this subject.

    Peter Brebach

    Read more from Peter Brebach

    Latest in Prices

    Sheet and plate price gains accelerate as 2026 tons dry up

    Sheet and plate prices continue to push higher as mills charge a premium for what little spot tonnage remains for 2026, market participants said. SMU’s price assessment for hot-rolled (HR) coil now stands at $1,290 per short ton (st) on average, up $10/st week over week. HR price gains averaged $5/st w/w throughout July and August, with no changes in prices some weeks and gains of at most $15/st w/w. In September and October to date, in contrast, prices have increased every week—with the average gain at $11.25/st w/w and w/w gains as high as $20/st. Prices for cold-rolled and coated products continued to increase as well. SMU's price assessment for cold-rolled (CR) coil clocked in at...