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    Prime scrap prices take hit in Midwest

    Mar 05, 2015

    Prime scrap prices suffered the biggest decline in some Midwest ferrous scrap markets in March as an overall dip in demand in a well-supplied industrial scrap market sent No. 1 busheling prices below those for shredded in many locations. More »

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    W. Coast flat-rolled price outlook rising

    Mar 05, 2015

    West Coast flat-rolled steel sentiment could be shifting modestly away from the earlier doom-and-gloom anticipation of further steep price declines. More »

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    Spiral-welded pipe maker USP sold

    Mar 05, 2015

    United Spiral Pipe LLC (USP), a West Coast spiral-weld pipe joint venture between U.S. Steel Corp. and South Korea’s Posco Ltd. and SeAH Steel Corp., has been sold to an undisclosed party. More »

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    Steel consolidation seen slowing in 2015

    Mar 05, 2015

    The steel industry could see less mergers and acquisitions in 2015, especially among producers or upstream companies, amid wavering market confidence, a senior banker at Raymond James & Associates Inc. said. More »

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    Midwest premium continues to slip

    Mar 05, 2015

    The Midwest aluminum premium has slipped again this week, continuing a trend that has been fueled by an influx of imports exceeding domestic demand. More »

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    Esmark claims play for Serbian mill ‘sabotaged’

    Mar 05, 2015

    Esmark Inc. has filed a lawsuit against a Slovakian businessman it accuses of "sabotaging" its bid to privatize Serbian flat-rolled steelmaker Železara Smederevo d.o.o. More »

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    Shippers ‘held captive’ by US rail freight: SMA

    Mar 05, 2015

    Conditions for shippers in the U.S. rail freight market often involve high prices for bad service due to the prevalence of captive rail markets, according to the Steel Manufacturers Association (SMA). More »

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    Joy Global outlook less than joyful

    Mar 05, 2015

    Joy Global Inc.’s net income plunged in its fiscal first quarter compared with a year earlier as mining companies stretched maintenance and repair schedules and slowed production to cut costs to cope with weak commodity prices. More »

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    Castle paying consultancy $90,000+ a month

    Mar 05, 2015

    A.M. Castle & Co. is paying consulting firm Conway MacKenzie Inc. $90,000 a month plus hourly rates, according to a filing with the U.S. Securities and Exchange Commission (SEC). More »

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    Export offers for bulk scrap to Turkey climbing

    Mar 05, 2015

    Price offers for bulk ferrous scrap shipments to Turkey are on the rise, but with no bids from buyers to indicate any real strengthening in tags. More »

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    Asian scrap buys resume, tags steady

    Mar 05, 2015

    U.S. prices for containerized ferrous scrap exports to Taiwan held steady this week as trading resumed following the Chinese New Year holiday. More »

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    Mining cost cuts hurting Caterpillar

    Mar 05, 2015

    Caterpillar Inc.’s mining customers cutting capital expenditure programs this year is not a good sign for the mining equipment manufacturer’s sales, according to a company executive. More »

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    Utah scrap bill advances to House

    Mar 05, 2015

    A bill that would ease restrictions on Utah scrap recyclers has advanced to the state House of Representatives after it was unanimously approved by the state Senate March 3. More »

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