June 2013

US ferrous scrap export prices to Turkey up $3 per tonne

US East Coast export prices for bulk ferrous scrap shipments inched up over the past week after two sales to Turkey were concluded above previous price levels.

European stainless steel alloy surcharge follows nickel price down

The alloy surcharge on stainless steel products across Europe has fallen for July.

SDI follows latest HRC price hikes

US steel producer Steel Dynamic’s (SDI) has reportedly raised prices on its flat-rolled steel products, making it the latest in a series of mills to join an increasingly industry-wide hike.

SDI follows latest HRC price hikes

US steel producer Steel Dynamic’s (SDI) has reportedly raised prices on its flat-rolled steel products, making it the latest in a series of mills to join an increasingly industry-wide hike.

Pacific Coal signs MoU on future of port concession at Barranquilla

Columbia-focused Pacific Coal Resources has signed a memorandum of understanding (MoU) on the company’s port concession at Barranquilla to an unnamed joint venture partner.

Atlas leads $40-per-ton price rise in hollow structural sections

Atlas Tube, a subsidiary of Chicago-based JMC Steel Group, has imposed a $40-per-ton price increase for hollow structural sections (HSS) effective from Wednesday June 26.

Stainless steel base prices remain stagnant

Base prices for stainless steel products are expected to remain flat for the next two months due to the summer holiday slowdown, a market participant told Steel First on Friday June 28.

Stainless steel base prices remain stagnant

Base prices for stainless steel products are expected to remain flat for the next two months due to the summer holiday slowdown, a market participant told Steel First on Friday June 28.

European stainless steel alloy surcharge follows nickel price down

The alloy surcharge on stainless steel products across Europe has fallen for July.

Amsia Motors plans $456m car plant in Brazil

Amsia Motors has signed a letter of intent with the government of Sergipe state, in north-east Brazil, for the construction of a 1 billion Reais ($456 million) car manufacturing plant.