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    Most OCTG tags rise on supply jitters

    Apr 25, 2018

    Prices for most oil country tubular goods (OCTG) jumped in the US after buyers grew increasingly fearful about their ability to find enough material at a time when drilling activity is strengthening. Line pipe pricing was mixed, one month after achieving multiyear highs. More »

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    US ferrous scrap export prices steady

    Apr 25, 2018

    US ferrous scrap export prices are stable on the East Coast but export yard buying prices are being pressured by expectations that obsolete grades could face reductions in May’s domestic trade. More »

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    Ali industry calmer after easing of sanctions

    Apr 25, 2018

    Panic in the aluminium market has calmed following the US Department of the Treasury’s Office of Foreign Assets and Control’s (OFAC) slight loosening of sanctions involving Rusal material. More »

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    CSI opens June book, again warns of shortages

    Apr 25, 2018

    California Steel Industries has opened its June flat-rolled order book and repeated warnings of potential steel shortages. More »

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    Big River in land deal for possible Texas mill

    Apr 25, 2018

    Big River Steel LLC has signed an option agreement with the Port of Brownsville in Texas for land for a potential $1.6-billion steel mill, according to port officials. More »

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    Rebar drives US steel imports up in March

    Apr 25, 2018

    US steel imports rose sharply month on month in March, largely due to a substantial increase in shipments of reinforcing bar, although the tally was down year on year. More »

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    LME extends wind-down of Rusal hedges

    Apr 25, 2018

    The London Metal Exchange has announced further guidance on treating sanction-affected contracts, highlighting an extended wind-down period for open positions with UC Rusal. More »

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    Lead scrap prices step higher, zinc steady

    Apr 25, 2018

    Most lead scrap prices in the United States have climbed higher due to growing competition for material in the domestic market following a slight renewal in export activity, but zinc scrap prices held steady across the board. More »

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    US planning quotas on Brazil steel exports

    Apr 25, 2018

    The United States government has been pushing to apply quotas to steel exports from Brazil following negotiations stemming from the Section 232 investigation, according to Brazilian steel institute Aço Brasil. More »

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    Ali group seeks quota-free 232 exemptions

    Apr 25, 2018

    The Aluminum Association is calling for permanent, quota-free exemptions to the United States' Section 232 tariffs, to be granted to “responsible trading partners,” it said in a letter to President Donald Trump on Tuesday April 24. More »

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    US stainless scrap unfazed by nickel surge

    Apr 25, 2018

    The stainless steel scrap market in the United States reacted coolly to nickel's jump to a more than three-year high late last week, with prices showing only slight movement from previous ranges. More »

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    Hamilton Specialty Bar saga ends

    Apr 25, 2018

    A last-ditch bid by KAL Advisory Partners LLC to save Hamilton Specialty Bar (HSB) and operate the mill as a going concern has failed, landing the mill in Canadian bankruptcy court with no clear future to speak of, according to court documents. More »

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    Global ferro-alloys pricing on April 25

    Apr 25, 2018

    The latest ferro-alloy prices as reported by American Metal Market and Metal Bulletin price reporters. More »

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    PRICE NOTICE: US ferrous scrap export index

    Apr 25, 2018

    American Metal Market is proposing to change the outlier filter on its US ferrous scrap export index, effective May 25. More »

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How will the US Treasury Department’s sanctions against UC Rusal affect the US downstream aluminium sector?

They will have a severe impact; companies might go out of business.
They will have a limited impact, but there will be some disruptions
They will have no impact, business will be unaffected


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