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Top Stories Wed, Aug 21, 2019

Price notice: Import rebar amendment update

Aug 20, 2019

Fastmarkets AMM proposes to amend the specifications of its imported rebar assessment from a cfr Port of Houston price to a delivered duty paid (ddp) Port of Houston price. More »
Price notice: Hou./St. Louis turnings clarified

Aug 12, 2019

Fastmarkets’ price for steel scrap machine shop turnings, dealer selling price, fob dealer yard Houston, $/gross ton, was assessed at $25 per gross ton on Thursday August 8, in line with the monthly price trend for this scrap grade. More »
Price notice: NF city scrap consult extended

Aug 12, 2019

Fastmarkets AMM is extending the consultation period for its comprehensive update to non-ferrous city scrap prices to bring them in line with its global price reporting agency standards. More »
Scrap export deals evaporate off both coasts

Aug 21, 2019

Expectations that Turkish mills would return to the US ferrous scrap export market as soon as the Eid al-Adha religious holiday ended have not panned out, leaving sellers facing low bids for unsold material that has been piling up at the docks. More »
US wire rod prices descend to pre-232 levels

Aug 21, 2019

Industrial quality low-carbon wire rod prices in the United States have hit a 19-month low to stand at pre-Section 232 levels, with the cost of imported wire rod also down amid fresh offers for material originating from Mexico, Europe and Asia. More »
HRC index steady; market outlooks diverge

Aug 21, 2019

Hot-rolled coil prices in the United States have maintained an uneasy hold within the $29- to $29.50-per-hundredweight ($580- to $590-per-short ton) range, while market participants have continued to worry about a potential slowdown in the second half of 2019. More »
More pipe mills say demand still weakening

Aug 21, 2019

Two more energy-pipe producers have joined an earnings-reporting season chorus stating that demand from oil and gas producers has continued to weaken and that a price recovery is not expected in the near term. More »
US stainless scrap prices still inching up

Aug 21, 2019

Despite further price increases for stainless steel scrap in the United States, market participants were pessimistic, pointing to low order volumes from the consuming mills and still-short lead times for finished steel products. More »
Verbom gets grant for upgrade, capacity hike

Aug 21, 2019

Steel and aluminium parts maker Verbom Inc will receive a grant from the Canadian government to upgrade equipment and increase production capacity at its operations in Sherbrooke, Canada, government officials in the country said on Tuesday August 20. More »
ArcelorMittal to lay off workers at W Va mill

Aug 21, 2019

Challenging market conditions have prompted ArcelorMittal to lay off approximately 100 employees at its tin plate mill in Weirton, West Virginia. More »
WSP plan for Indiana zinc oxide plant nixed

Aug 21, 2019

Waelz Sustainable Products LLP (WSP) has discontinued plans to build a proposed facility to produce zinc oxide from recycled steel dust in Muncie, Indiana, due to safety concerns over the recycling processes and protests from the local population. More »
EMR opens Massachusetts scrap export site

Aug 21, 2019

European Metal Recycling Ltd (EMR) has opened a new ferrous scrap export facility in Brayton Point, Massachusetts. More »
Fastmarkets AMM-Ferro-alloys: August 21

Aug 21, 2019

The latest ferro-alloys prices as reported by Fastmarkets reporters. More »
Price notice: OCTG, line pipe amendments

Aug 08, 2019

Fastmarkets AMM proposes amendments to its monthly steel tube and pipe assessments: More »

SECTION 232: EVERYTHING YOU NEED TO KNOW

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Thursday Aug 22 2019

Fastmarkets AMM daily issue includes pricing by commodity and a collection of market reports and top stories selected by our editors. Access is restricted to subscribers and trialists only. Subscribe now or get 14 days of free access to preview our unparalleled data and news.

Domestic UBC	-27.4%
No.1 heavy melt	-25.37%
Busheling index	-24.25%
Hot-dipped galvanized	-21.36%
Shredded auto scrap	-19.43%
SBQ 1000	-15.56%
Lead battery scrap	-12.5%
US rebar	-9.86%
316 solids,clips	-4.84%
Molybdenum	0.21%
Year-over-year as of 08/20/2019

Top Stories Wed, Aug 21, 2019

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