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Feb 19, 2019
Fastmarkets AMM is not expanding the footprint of its Philadelphia consumer buying price series to include Standard Steel LLC in Burnham, Pennsylvania, following a period of market feedback. More »
Fastmarkets AMM is making a non-market adjustment to its machine shop turnings consumer buying price in Pittsburgh due to a local mill adding the grade to its melt program effective with March scrap settlements. More »
Fastmarkets AMM is adding a No2 bundles price, also considered a shredder feed price, to its Montreal consumer buying price series effective with March scrap settlements. More »
Feb 18, 2019
Fastmarkets is proposing to discontinue the SteelBenchmarker price series on March 1, 2019. More »
US automotive industry groups have voiced concerns about potential Section 232 tariffs on imports of vehicles and vehicle parts, arguing that such trade duties would have damaging effects across the industry. More »
The price for plate in the United States has fallen due to uneven demand, import pressure and mill discounts to certain markets, sources said. More »
The number of drilled-but-uncompleted (DUC) oil and gas wells in the Permian Basin jumped again to a record high, further calling into question the demand outlook for steel casing. More »
Olympic Steel's financial results were mixed for the full year and fourth quarter, with annual earnings rising by 78% while the company swung to a net loss in the fourth quarter, which executives partly attributed to margin pressure. More »
Hot-rolled coil prices in the United States have fallen on what some sources said was discounting ahead of imminent mill price increases, although others said the dip was further evidence of faltering demand. More »
Nucor Corp and Gerdau Long Steel North America have boosted prices for most wide-flange and standard beam products by $30 per ton ($1.50 per hundredweight), the companies said in letters to customers. More »
Fastmarkets AMM’s Mexican edition features weekly scrap prices, basis Monterrey and Bajio. More »
The latest ferro-alloy prices as reported by Fastmarkets reporters. More »
Feb 12, 2019
As of February 12, Fastmarkets advises that it cannot publish an update to its price assessment for rotor-quality titanium sponge from Japan until further notice, following the partial shutdown of the US government. More »