American MetalMarket

Magazine Issue: 02-February-2012

Cover Story

International drilling drives OCTG demand
As countries push to develop shale plays and offshore reserves, OCTG demand may be in for large gains as the international drill rig count steadily climbs.

Market Spotlight

  • Metal markets seen divergent in 2012

    As the new year got under way, copper, iron ore and aluminum—mainstays of the minerals and metals segment of the North American economy—all seemed to be going their separate ways.

  • Power shift in iron ore affecting supply, price dynamics

    One of the quiet trends in North American iron ore during the past decade has been the transition from steelmaker ownership of the continent’s iron ore mines to a concentration in the hands of several large steelmakers and one major merchant producer/seller of iron ore.

  • Boost in iron ore mine reserves may be start of quiet revolution

    A quiet revolution is sweeping through the global iron ore markets, kicked off in early 2012 when Essar Steel Minnesota LLC announced that its Nashwauk, Minn., taconite property on the Mesabi Range, about 100 miles west of Lake Superior, contained far more ore-bearing rock than it had previously believed.


From the Editor


  • Steel market sees 2012 forecasts similar to 2011

    Executives up and down the steel supply chain say they are gearing up for strong first- and second-quarter pricing and demand ahead of a softer second half as 2012 looks poised to largely mirror 2011.

  • Steel market growth eyed in 2012—with caveats

    Strong demand for tube and pipe, along with firm oil and gas markets, could help steel make a comeback.  But it all depends on whether the industry can hold on to shaky price increases, soft automotive and construction sectors, and the way companies deal with increasing backlogs.

  • Planned projects push OCTG sector forward

    While the contentious Keystone XL pipeline sits on the back burner, the oil country tubular goods market is moving full steam ahead, with millions of dollars in expansion projects planned to meet ever-increasing demand from North American shale plays.

  • AMM Awards: 2012 Steel Tube and Pipe Excellence Finalists

    In the competitive world of the steel tube and pipe industry, what does it take to be the best? AMM addresses that question as we present the finalists of our inaugural Awards for Steel Tube and Pipe Excellence program to recognize the most innovative companies or individuals.

  • Siemens robot improves safety, efficiency

    While North American steelmakers have been reluctant to adopt robotic technology, the Simetal LiquiRob is gaining a foothold in mills around the globe that hope to benefit from the robot’s accuracy and consistency as well as keep workers out of harm’s way.