From AMMDaily Fri, Nov 20, 2009RSS

Flying high. Scrap prices at U.S. docks leapt by as much as $20 per ton as exporters began to fill orders from Turkey and container shippers upped the prices for deals to Asia.

Ferrous scrap export tags leap up to $20/T

Ferrous scrap prices have risen at East Coast docks as the big exporters begin amassing tonnage to fill new orders from Turkey, with West Coast prices also driving higher.

Severstal prepping some idled US mills for restart

Some of OAO Severstal’s North American steelmaking operations, which have been idled for several months, are now scheduled to be back in operation before year-end.

Metalformers’ survey shows uncertainty

Metalforming companies are equally split on whether business conditions and incoming orders will improve or worsen over the next three months, according to the November business report by the Precision Metalforming Association (PMA).

Trial nears on ‘false steel test’ charges

Jury selection is under way for the trial of Testwell Laboratories Inc., Ossining, N.Y., and company employees accused of falsifying test results for concrete and structural steel used in several high-visibility building projects in New York City.

Electrode shortfall looms, steel unfazed

A looming shortage of needle coke might constrain the supply of electrodes when the recession is over and steelmaking output fully recovers, according to coke and graphite electrode producer sources.

BREAKING NEWS: AK Steel raising spot prices Jan. 1

AK Steel Corp. said late Thursday it will increase spot prices for its carbon steel products effective Jan. 1.

BREAKING NEWS: Alcoa idles Italian smelters after EC energy tariff ruling

Alcoa Inc. will temporarily curtail all production at its aluminum smelters in Fusina and Portovesme, Italy, after the European Commission ruled that the company must repay a portion of its Italian energy tariff.
Lead -2.94%
Nickel -2.14%
Silver -2.07%
Zinc -2.05%
Aluminum -1.87%
Tin -1.29%
Platinum -1.11%
Copper -0.95%
Natural gas +2.03%
No. 1 heavy melt +4.76%
From 11/19/2009
AMMEvents
Moving Metals Conference

Moving Metals Conference

December 7-8, 2009
Pittsburgh, PA

Mexican Steel 2010

Mexican Steel '10

January 18-19, 2010
Monterrey, Mexico

State of Steel 2010

State of Steel 2010

January 26-27, 2010
Clearwater, FL