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Omani, UAE billet suppliers elevate their quotes
Billet suppliers in Oman and the United Arab Emirates have increased their prices, Kallanish notes.
Over …
Nucor decreases HRC price by $10/short ton
Nucor has decreased its published price for hot rolled coil for the first time in 15 …
Worldsteel revises down demand forecast amid manufacturing woes
Worldsteel has revised down its 2024 global steel demand forecast significantly, now expecting a 0.9% on-year …
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Steel Dynamics chronicles Sinton production rates, trade cases
Steel Dynamics (SDI) has made multiple investments across its businesses to optimise operations, Kallanish learns from …
Infrastructure spending, interest rate cuts improve outlook: Insteel
Insteel Industries anticipates a stronger demand outlook and improving business conditions ahead, Kallanish learns from the …
US OCTG prices flatten on-week, mill hike announced
Pricing for domestically produced OCTG in the US is flat this week, but Kallanish understands that …
Gradual rate cuts delay Turkish recovery: economist
Interest rates will come down further and the global economy will grow at around 3% in …
CMC implements strategic initiatives to bolster its operations
Commercial Metals Co (CMC) anticipates solid financial results in 2025 due to implementing a strategic improvement …
Aperam agrees to acquire Universal Stainless
Stainless coil producer Aperam has agreed to acquire US specialty steel producer Universal Stainless & Alloy …
Canada non-residential construction investment reaches record high
Non-residential building construction investment in Canada increased by 1.0% month-on-month in August to a total of …
Northern European wire rod prices fall slightly
Northern European wire rod prices have decreased this week due to low demand, sources say. Most …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
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Very good overview of the weekly steel market.
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