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    Breaker: SDI picks Sinton, Texas, as mill site

    Jul 22, 2019

    Steel Dynamics Inc (SDI) has selected Sinton, Texas, as the site for its new flat rolled electric-arc furnace steel mill targeting the country’s southern energy and construction markets and Mexico. More »

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    US CHQ wire rod prices at 16-month low

    Jul 22, 2019

    Weaker demand from the automotive market and high mill capacity have softened cold-heading quality (CHQ) wire rod prices, while high carbon wire rod prices remained flat from the previous month. More »

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    No sign of plate recovery despite HRC rise

    Jul 22, 2019

    Plate prices in the United States have continued to slide due to weak market fundamentals, but the recent stabilization of hot-rolled coil prices could support the free-falling plate market, sources said. More »

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    ArcelorMittal US ops kick off flat-rolled hike

    Jul 22, 2019

    In a leading move, ArcelorMittal has announced a third wave of price increases for flat-rolled steel in the United States. More »

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    Buy American update outcome said uncertain

    Jul 22, 2019

    US President Donald Trump’s stricter Buy American rules proposed last week were seen as another effort to boost the domestic steel industry’s fortunes, but the success of these measures remains uncertain, Washington-based trade attorney Lewis Leibowitz told Fastmarkets. More »

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    232 injuring manufacturers: Insteel

    Jul 22, 2019

    Section 232 has been costly to Insteel Industries and other US manufacturers that must compete against imports of finished goods from nations where steel prices are not artificially propped up by tariffs, according to the company's top executive. More »

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    Shredder prices stable; Aug increase expected

    Jul 22, 2019

    Automotive shredders in the United States have maintained their prices over the past week, with only one out of more than 45 polled raising its purchasing quotes across the scales. More »

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    USS slashes jobs in Europe to 'ensure survival'

    Jul 22, 2019

    U.S. Steel plans to slash approximately 2,500 jobs at its flat-rolled steel mill in Kosice, Slovakia, as it looks to cut costs to combat deteriorating market conditions in Europe. More »

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    Nucor joins ArcelorMittal in 3rd flat-roll hike

    Jul 22, 2019

    Nucor has put its weight behind an effort by domestic mills to increase flat-rolled steel prices by an additional $40 per ton ($2 per hundredweight). More »

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    HRC steady, could follow raw materials higher

    Jul 22, 2019

    Hot-rolled coil prices in the United States were mostly steady on Friday July 19, though domestic mills seem likely to push prices higher in the coming months due to increasing raw materials costs at home and abroad. More »

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    US revises duties on imports of Turkish rebar

    Jul 22, 2019

    The United States Department of Commerce has revised the final dumping and subsidy margins, as well as the cash deposit rates, to be imposed on imports of rebar from Turkey. More »

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    Nova Tube wins $10.7mln in Canadian aid

    Jul 22, 2019

    The government of Canada is investing Canadian $14 million ($10.7 million) in Nova Tube to help the Montreal mill modernize its production of standard pipe. More »

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    Fastmarkets AMM-Ferro-alloys: July 22

    Jul 22, 2019

    The latest ferro-alloys prices as reported by Fastmarkets. More »

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    Price notice: Launch of import hollow sections

    Jul 09, 2019

    Following a 30-day consultation period, Fastmarkets on Tuesday July 9 launched a monthly pricing assessment for steel hollow sections ASTM 500 Grade B import, ddp US port of entry, $/short ton, due to market activity and interest. More »

SECTION 232:  EVERYTHING YOU NEED TO KNOW

AMM Daily

Tuesday Jul 23 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.

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