Michael Cowden is a senior editor for Steel Market Update (SMU). Cowden has covered the steel industry since 2007. He has since 2014 specialized in flat-rolled steel but has previously reported on steel long products, steel pipe and tube as well as aluminum.
EU steel consumption set to recover in 2021, Eurofer says Steel demand in the region had been on a negative trend through most of 2020, largely due to pressures resulting from Covid-19 pandemic-related restrictions across Europe, the association said. in its quarterly Economic and Steel Market Outlook, published on Wednesday February 10. Eurofer data in the report only goes up to the end of last year's third quarter, but it projects that steel demand
Currently, Bank of America forecasts hot-rolled steel prices will average $490/ton in 2021 and $475/ton in 2022 as new capacity puts downward pressure on prices. Raising eyebrows was the Sept. 28 announcement that mining company Cleveland-Cliffs was planning to acquire most of ArcelorMittal USA, after purchasing AK Steel earlier in the year.
Live steel news from American Metal Market Steel News Nucor hikes plate prices Mar 27, 2021; HRC index continues to hover above $66/cwt Mar 26, 2021; S America flat steel import market soars Mar 26, 2021; USW workers to begin ATI strike Tuesday Mar 26, 2021; Brazil slab export prices stable amid steady demand Mar 26, 2021; US steel beam tags up on rising demand Mar 26, 2021; Domestic Europe HRC prices climb higher Mar 26, 2021
Platts steel prices, steel price data, steel price news SBB steel prices and indexes are researched, analysed and published for a range of steel products in the markets. Accuracy, price analyser for easy comparison, steel prices forecast.
Mar 12, 2021 · Graph and download economic data for Producer Price Index by Commodity:Metals and Metal Products:Iron and Steel (WPU101) from Jan 1926 to Feb 2021 about iron, steel, metals, commodities, PPI, inflation, price index, price, indexes, and USA.
Reports - American Iron and Steel InstituteThe voice of the North American steel industry in the public policy arena and advancing the case for steel in the marketplace as the preferred material of choice.
Steel Plate News, Prices & Expert Analysis Metal BulletinFastmarkets MB price book contains over 950 global metal prices including steel prices and scrap prices. Please enter your email address below to start a free trial to access this powerful metals pricing tool. Start your 7 day free trial to Fastmarkets MB today >> View over 950 global steel and metals reference prices
19 hours ago · Steel industry is at the threshold of a growth path. Global demand has been projected to grow by 4.1 per cent in 2021 (WSA estimates in October20) and is likely to be stronger when fresh
Steel prices defy predictions of a peak - The FabricatorA majority of steel buyers reveal to Steel Market Update that they see steel prices possibly peaking in the first quarter of 2021. Current and Future Sentiment Last months election had little effect on steel industry sentiment, primarily because steel buyers were already so upbeat.
Steel prices reach levels not seen since 2008The benchmark price for hot-rolled steel reached a new record high of $1,080/ton last month, according to our check of the market Jan. 11-12. That surpasses the previous high of $1,070/ton recorded by Steel Market Update (SMU) in 2008, and it leaves steel buyers with some important questions:. How much higher can steel possibly go?
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steel companies:Its win-win situation for steel stocks 1 day ago · Else, there is the overseas market which is far more margin accretive, says Amit Dixit, VP, Securities. On the steel pack The April hike was overdue. Look at how global steel prices have moved. The price of Chinese steel has gone up by almost $100 a tonne which is roughly 15%. But Indian steel prices have remained quite static.
steel stocks:Metal block smells another price hike; MOIL 1 day ago · SAIL, JSW Steel, Tata Steel, Jindal Steel and APL Apolloall of which produce steel or steel productsclimbed in the range of 3-4 per cent. Nifty Metal was the biggest sectoral gainer, rising 2.66 per cent. Unconfirmed reports said steel mills are negotiating for a much higher price hike in their biannual steel contract with auto manufacturers.
Mar 26, 2021 · Sweden is Europe's green steel hope as LKAB, Ovako progress Fri, 19 Mar 2021 00:00:00 GMT Lower cost European green hydrogen supplies and higher steel prices may be key to Europes road to low-emissions steelmaking as the European Commission highlighted Sweden for being quick off the mark.Steel Price Forecast and Market Outlook IHS MarkitJun 10, 2020 · Steel price forecast for 2021 The spike in steel prices is extraordinary. Many products are up 50100% since late summer 2020, with the bulk of the increases occurring in November and December 2020. Sheet price in the United States has more than doubled since mid-2020 and just set a new all-time-record high.