Top Stories

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    US, imported steel sheet prices diverge

    Aug 29, 2014

    Domestic and imported steel sheet prices moved in opposite directions this past week as potential trade actions sent some traders scrambling for new suppliers while domestic steel buyers questioned the sustainability of current price levels. More »

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    Auto aluminum demand said to fuel new capacity

    Aug 29, 2014

    North American automotive aluminum sheet producers believe that stepped-up demand could lead to the addition of several wide hot mills in the United States over the next decade as current capacity is insufficient. More »

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    Rebar prices rise on strong demand

    Aug 29, 2014

    U.S. rebar markets remained strong in late August, with market participants reporting busy mills, robust demand and stable to higher prices. More »

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    Line pipe trade case could come by mid-October

    Aug 29, 2014

    With domestic producers of welded line pipe reportedly struggling with low margins, a trade case targeting imports from South Korea and Turkey could be filed as early as mid-October, market sources told AMM this past week. More »

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    Buyers bristle at latest steel plate increases

    Aug 29, 2014

    Steel plate prices have moved up over the past week following a round of increases by several major domestic producers. More »

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    Canada wants more proof in rebar trade case

    Aug 29, 2014

    The Canadian International Trade Tribunal (CITT) has asked the country’s rebar producers to present a more compelling case for material injury prior to its final decision in an anti-dumping trade investigation of imports from China, South Korea and Turkey. More »

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    US-import plate price spread widens on W. Coast

    Aug 29, 2014

    Energy-related business and its domestic melt requirements continue to drive West Coast steel plate demand while distributors battle in what some describe as a separate market where pricing is dominated by lower import tags. More »

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    Ferrosilicon ITC ruling seen having little

    Aug 29, 2014

    Ferrosilicon market participants are not convinced that the U.S. International Trade Commission (ITC) ruling on imports from Venezuela will lead to lower prices in the spot market. More »

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    Supply fears seen driving zinc prices up

    Aug 29, 2014

    Zinc prices are expected to rise dramatically amid concerns about tightening supply, according to Scotiabank, forecasting prices will reach $1.25 per pound next year and as high as $1.70 per pound in 2016. More »

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    ERI sues Calbag for breach of contract

    Aug 29, 2014

    Electronic Recyclers International Inc. (ERI) is suing Calbag Metals Co. for alleged breach of contract and fraud in relation to a dispute over the value of scrap bought and resold between the two companies last year. More »

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    South Carolina county's scrap rule said illegal

    Aug 29, 2014

    Jasper County, S.C., has proposed a new scrap metals theft ordinance that one industry association is claiming is illegal. More »

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    Labor Day holiday notice

    Aug 28, 2014

    AMM’s offices will be closed Monday, Sept. 1, in observance of Labor Day, and there will be no issue dated Tuesday, Sept. 2. More »

Latest News by Category

Steel

  • Drilling increases in US, Canada

    The number of drill rigs running in the United States rose by four last week.

  • US-import plate price spread widens on W. Coast

    Energy-related business and its domestic melt requirements continue to drive West Coast steel plate demand while distributors battle in what some describe as a separate market where pricing is dominated by lower import tags.

  • Rebar prices rise on strong demand

    U.S. rebar markets remained strong in late August, with market participants reporting busy mills, robust demand and stable to higher prices.

  • US, imported steel sheet prices diverge

    Domestic and imported steel sheet prices moved in opposite directions this past week as potential trade actions sent some traders scrambling for new suppliers while domestic steel buyers questioned the sustainability of current price levels.

  • Buyers bristle at latest steel plate increases

    Steel plate prices have moved up over the past week following a round of increases by several major domestic producers.

Scrap

Nonferrous

Supply Chain

  • ProtoService adds system to make Ti parts

    Italy’s ProtoService Srl has ordered a second additive manufacturing system from Sweden’s Arcam AB for the production of titanium parts.

  • Toyota gets incentives for Mich. expansion

    Toyota Motor Corp. is moving forward with plans to build a $32.5-million facility on the campus of its Toyota Technical Center in York Township, Mich., after receiving approval for state and local business development incentives.

  • Japanese brass maker files counterclaim in patent suit

    Mitsubishi Shindoh Co. Ltd. has filed a counterclaim against brass valves maker Conbraco Industries Inc., alleging that the company is using a patent lawsuit in an effort to exhaust inventories of the products in question.

  • Labor Day holiday notice

    AMM’s offices will be closed Monday, Sept. 1, in observance of Labor Day, and there will be no issue dated Tuesday, Sept. 2.

  • Power provider applauds Noranda rate ruling

    The power provider for Noranda Aluminum Holding Corp.’s smelter in New Madrid, Mo., praised a ruling that rejected the company’s request for a lower power rate.

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  • Optimism prevails in market outlook for the year ahead

    Stainless steel demand continues to show strong growth, much of which has come from real market demand rather than simple inventory restocking.

  • A reduced appetite

    Mills are cherry picking direct-reduced iron technologies from leading providers as they seek the best input mix to create the optimal product while keeping costs under control at a time when raw materials are a driving factor in corporate profitability.

  • Iron will

    Steelmakers and other companies that have moved—or are considering moving—into direct-reduced iron production are exploiting advantageous energy prices while also looking to keep raw material costs and accessibility under their own control.

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