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    Comex drop stings US copper, brass scrap

    Jun 21, 2018

    A steep drop in Comex copper pricing has taken the wind out the copper and brass scrap market, with prices edging lower and some consumers temporarily stepping to the sidelines. More »

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    Tax cuts, 232 dash infrastructure hopes

    Jun 21, 2018

    The United States' long-anticipated national infrastructure investment is now unlikely to happen, stymied by President Donald Trump's other policy priorities including recent federal tax cuts and Section 232 tariffs. More »

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    US exempts some steel from five countries

    Jun 21, 2018

    The United States has agreed to exemptions from Section 232 tariffs for some steel products from five countries. More »

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    US rebar import prices tick higher

    Jun 21, 2018

    Prices for imported steel reinforcing bar have ticked higher in the United States because cheap Turkish rebar is limited and European exporters are hesitant to compete with Turkey on pricing, market participants said. More »

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    LME delists WWS on financial concerns

    Jun 21, 2018

    The London Metal Exchange has decided to delist Worldwide Warehouse Solutions after a careful monitoring of the company’s financial situation, Metal Bulletin has learned. More »

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    US rebar prices flat; certain sizes said tight

    Jun 21, 2018

    US domestic rebar prices remain flat in the wake of the Section 232 tariffs imposed by the United States on steel and aluminium imports from Canada, Mexico and the European Union on June 1, with supply said to be tightening on certain sizes. More »

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    Short-term nickel outlook bearish: panelists

    Jun 21, 2018

    Uncertainties in the Chinese stainless steel market, caused by environmental inspections in the downstream supply chain, were the focus of discussions on second-half nickel price forecasts during the Shanghai nickel forum held by Cofco Futures on Wednesday June 20. More »

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    CMC recycling unit enjoys better profits

    Jun 21, 2018

    The Americas Recycling division at Commercial Metals Co (CMC) enjoyed increased profits due to higher shipments at better selling prices during its third fiscal quarter; still, executives gave no hint as to where ferrous scrap prices might be headed in July. More »

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    Press Metal capitalizes on US sanctions vs Rusal

    Jun 21, 2018

    Aluminium supplier Press Metal's sales have jumped in recent months, the company confirmed to American Metal Market, as it profits from historically high aluminium prices and shifting trade flows that materialized after the US levied sanctions on Rusal this year. More »

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    Turkish scrap market quiet ahead of election

    Jun 21, 2018

    Turkey's ferrous scrap import market was idle on Thursday June 21, with Turkish consumers on the sidelines ahead of the country's general election on Sunday - the result of which has the potential to influence currency moves and interest rates, industry sources said. More »

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    A.J. Oster to add fuel, freight extra on July 1

    Jun 21, 2018

    A.J. Oster is adding a fuel and freight surcharge to cover rising costs, ranging from 4-10 cents depending on the region effective on Sunday July 1, 2018. More »

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    US should hit China on steel overcapacity: EC

    Jun 21, 2018

    The European Commission’s director-general for trade, Jean-Luc Demarty, told members of the European Parliament on Wednesday June 20 in a discussion about new tariff regimes that the United States must not attack the European Union for a problem “caused by China." More »

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    CMC's Durant mill adding crews, ramping up

    Jun 21, 2018

    Commercial Metals Co. (CMC) is adding crews and could ramp up to full production at its Durant, Oklahoma, micromill, in late 2018 or early 2019, president and chief executive officer Barbara R. Smith said during an earnings conference call on Thursday June 21. More »

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    Global ferro-alloy prices on June 21

    Jun 21, 2018

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

SECTION 232: EVERYTHING YOU NEED TO KNOW

Latest News by Category


AMM Magazine Scroll to see more magazine stories

  • B.L. Duke adds steel terminal services

    Metals recycler B.L. Duke has expanded its scope of business with the addition of a subsidiary that offers stevedore services for finished steel products.

  • Calstrip to add facility at Nucor Steel Arkansas

    Calstrip Industries is building a $15 million processing facility at Nucor Steel Arkansas as part of the company’s efforts to support traditional medium-and high-volume service center customers.

  • Challenges for Turkish steel

    With its prominent role as a ferrous scrap importing country and as an important player in global steel markets, Turkey has wrestled with several challenges this year. Serife Durmus and Cem Türken review the developments affecting the country’s steel industry

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