Tag Archives: steel
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 […]
SteelOrbis, the gathering point of the steel sector, continues to offer you new opportunities… With our new ‘SteelBonus’ service, you will earn bonuses from the SteelOrbis products you buy and you can spend your bonuses whenever you buy new products from SteelOrbis! What is SteelBonus? • A digital card account that will be created free of charge for […]
In 2012, both global stainless steel production and stainless steel consumption in Turkey increased. The fact that usage of stainless steel changes in line with economic developments is proven by the direct impact of the world economic crisis of 2008, with lower global stainless steel production recorded in 2008 and 2009. Meanwhile, in the last […]
A new year often brings renewed optimism, excitement for what’s to come and a fresh start with higher prices for those in the steel industry. Customers are more willing to make stock buys, not worried about inventory overhang at year’s end. But the start of 2013 was different. Over the first few months, the market […]
Can China and Mexico’s contentious steel trade relationship be fixed? Latin America has become a beacon for excess capacity of steel in the world—reportedly around 328 million tons—due to the economic stress on Europe and the shrinking of some markets. Countries such as Russia, Turkey, Ukraine and South Korea have substantially increased their exports to […]
A glimpse of which 2012 North American steel industry developments will have the greatest impact in the market.
What a summer! While heat waves blasted most of the US, demand for steel, unfortunately, remained lukewarm, and even the steel sector that is usually lively during the annual summer doldrums—scrap—followed a curious neutral trend for most grades and regions during the hot months.