Price on trade- The excess capacity threat moves closer to home
China's steel surge threatens global markets as excess capacity soars: How will the world respond?
Tag: SMU
Padnos acquires three Midwest scrap operations
“These three acquisitions align with our strategy to grow our regional network,” President and CEO Jonathan Padnos said.
UAW hits Stellantis, says national strike possible
Could UAW's grievances lead to a nationwide strike at Stellantis?
SMU: Final thoughts on ISRI's rebranding
Out with the old, in with the rebranding!
GSCC: Steel decarbonizing for a more sustainable future
Steel Industry Unites for Earth Day: Commitment to decarbonization and sustainable practices.
Sims sees US as bright spot in scrap world
Sims sees US as bright spot in scrap world
UAW, Ford reach tentative pact, avert strike at Kentucky Truck Plant
UAW, Ford reach tentative pact, avert strike at Kentucky Truck Plant
Final thoughts
Everyone knows the old saying that “a picture is worth a thousand words.” Just because it’s a cliché doesn’t mean that it’s wrong. A lot of inked has been spilled trying to figure out why prices are falling now. I thought it might be as simple as this: Market dynamics in the fourth quarter (UAW strike, companies buying ahead of an anticipated post-strike price spike, etc.) pulled forward restocking activity that typically happens in the first quarter. The post Final thoughts appeared first on Steel Market Update.
CRU: Scrap prices hit by weak demand offsetting tight supply
The CRUmpi declined by 1.7% month over month (m/m) to 325.2 in February, compared to a 4.3% m/m increase in February 2023. The post CRU: Scrap prices hit by weak demand offsetting tight supply appeared first on Steel Market Update.
Steel market chatter this week
What's the steel market talking about at present? The post Steel market chatter this week appeared first on Steel Market Update.