Tag Archives: american steel industry
Conversations revolving around steel have a tendency to skew toward serious. Market trends, prices, demand outlooks, and end-use news are all valuable to daily business decisions of course, but is there some rule out there that steel can’t ever be fun? Thanks to a Canadian steel structure manufacturer, building with steel might soon get a […]
Turkish steelmaker Kardemir has announced that it has launched production operations at its blast furnace No. 5, within the framework of investments aimed at increasing its output capacity. Together with its new furnace which has an annual production capacity of 1.2 million mt, Kardemir’s overall annual output capacity has now reached the level of 3 million […]
It’s been a relatively quiet week within the US export scrap market, as many sellers have taken time off to celebrate the year-end holiday season. Export yards, however, have expressed confidence that transaction pricing to Turkey will firm after the first of the year. Although Turkish mills did not expect to see a firming in […]
During a summer scorched with scandal and tragedy and warfare around the world and within US borders, nary a word was shouted amongst pundits or spread across the Internet about one once-fashionable topic: the economy. No laments about skewed unemployment numbers, no vigorous defenses of the autonomy of alleged job creators, no calls for financial […]
This week November scrap numbers posted down as expected. Chicago posted down $30/Ton at $325 from $355. This move was generally expected as the market had predicted a $20-$40/ton in late October. As such, most major cities followed a similar trend. Looking ahead in scrap, as the weather worsens, typically scrap is more difficult to […]
South America’s top steelmakers strategize for success. The South American steel industry is at a turning point. After surviving the worldwide economic downturn relatively unscathed, it has proven itself not only strong on the domestic front, but a growing powerhouse on the global stage.
Globalization: it’s a trend that’s celebrated and despised, welcomed and protested, anticipated and ignored. But despite the wide range of opinions on the subject, most can agree that globalization is very much a new world order, a further step in the evolution of human civilization.