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    PRICE NOTICE: Chicago scrap (revised 1/8)

    Jan 08, 2018

    American Metal Market has completed the first assessment of its expanded Chicago methodology, which includes the addition of three Indiana steel mills and one Iowa mill. More »

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    PRICE NOTE: Midwest scrap indices (rev. 1/11)

    Jan 11, 2018

    American Metal Market is extending the deadline to provide feedback on its proposal to move its monthly Midwest ferrous scrap indices to weekly following substantial market feedback in recent weeks. More »

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    PRICE NOTICE: Steel discontinuations, mergers

    Jan 11, 2018

    After a thorough internal review, American Metal Market is proposing to discontinue the following steel price assessments due to a lack of liquidity, effective April 1. More »

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    PRICE NOTICE: Carolina machine shop turnings

    Jan 11, 2018

    American Metal Market is proposing to realign its North Carolina/Virginia and South Carolina machine shop turnings consumer buying prices effective with February scrap market settlements. More »

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    Trucking major concern for ali, alloy marts

    Jan 17, 2018

    Rising freight rates and uncertain trucking dependability are plaguing aluminum scrap and secondary aluminium alloy market participants, who fear that there may be no near-term relief in sight. More »

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    US ferrous scrap export outlook clouded

    Jan 17, 2018

    Mixed signals have emerged in the ferrous scrap export market in the United States, with containerized scrap prices showing early signs of distress while export yard buying prices rise further due to the absence of bulk sales to Turkey. More »

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    Steel hedging tools allay bank concerns: WSEM

    Jan 17, 2018

    Steel futures contracts are helping to allay bank concerns over financing the sector amid improving forward price transparency and more efficient risk mitigation, according to Mike Frawley, chief executive officer of World Steel Exchange Marketing (WSEM). More »

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    US pipe mills file trade petitions vs 6 nations

    Jan 17, 2018

    The American Line Pipe Producers Association has filed trade petitions complaining that imports of large-diameter welded line pipe from six nations - including China and Canada - were dumped, and that some received unfair support from government subsidies. More »

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    Ta Chen to build two US aluminium mills

    Jan 17, 2018

    Ta Chen International (TCI) plans to begin building two fully integrated common alloy aluminium mills in the US, the company’s top executive said, noting that the mills will be built with foreign joint-venture partners at proposed sites in Florida, Maryland or Texas. More »

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    US ali premium jumps on 232 tariff concerns

    Jan 17, 2018

    The Midwest aluminium spot premium has risen to a more than two-and-a-half-year high in the United States amid concerns about potentially strict tariffs that could be imposed due to the US Commerce Department’s Section 232 investigation. More »

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    Nickel optimism supports stainless scrap prices

    Jan 17, 2018

    The 300-series stainless steel scrap prices have continued to climb on the back of a nickel price rally on the London Metal Exchange, while the 400-series grades remained flat due to inactivity in the chrome market. More »

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    Section 232 action would harm US security: AIIS

    Jan 17, 2018

    The American Institute for International Steel (AIIS) is again urging President Donald Trump to forget about a Section 232 action, emphasizing that he should not abandon US free-trade practices under the charade of enhancing national security. More »

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    See the latest edition of AMM-Mexico

    Jan 17, 2018

    AMM’s Mexican edition features weekly scrap prices, basis Monterrey and Bajio. More »

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    Global ferro-alloys pricing on January 17

    Jan 17, 2018

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

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AMM Magazine Scroll to see more magazine stories

  • ‘Bashing China is backfiring on US mills, BRS’ Stickler says

    ‘The world is not going to grow itself out of the excess capacity situation. So, for those harping about China cutting capacity, it’s not going to happen.

  • A 7,391-ton study in mind-boggling complexity

    As Owen Steel fabricates one custom-tailored shape after another, the first new office building to rise on New York’s famed Park Avenue in almost fifty years reaches skyward. The 850-foot high structure is being built out from within the shell of a pre-existing building.

  • A teachable moment . . .

    In what some might consider the bloodless equivalent of the honor code of seppuku practiced by Samurai warriors in feudal Japan, Kobe Steel Ltd. is going to gut-wrenching lengths to come to terms with a data-tampering scandal that has spooked the worldwide metals supply chain and punctured Japan Inc.’s reputation for product quality.

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