Product
August 21, 2017
Reminder for Our SMU Steel Summit Attendees
Written by Brett Linton
SMU Steel Summit Attendees,
Thank you again for registering for the 7th SMU Steel Summit Conference, which is now less than a week away.
Product
August 21, 2017
Written by Brett Linton
SMU Steel Summit Attendees,
Thank you again for registering for the 7th SMU Steel Summit Conference, which is now less than a week away.
Private equity firm SCF Partners announced it has acquired American Piping Products (APP), a pipe and tube distributor headquartered in Chesterfield, Mo.
Sheet and plate prices continued to tick mostly higher this week amid a supply squeeze that shows no signs of loosening its grip on the US market.
The current plate market squeeze has been driven by improved demand and heightened import barriers, including 50% Section 232 tariffs. But the timing of fall outages—even if they were planned—is exacerbating the supply crunch.
U.S. Steel held a ceremonial groundbreaking on Monday for its new $475-million quench-and-tempering facility at its Fairfield Tubular Operations in Alabama.
The scrap market for October is looking for direction as some participants on both sides of the furnace are indicating scrap prices are poised for an increase.