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US HRC prices drop, downward pressure to continue
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The following article from Steel Business Briefing outlines the current and continuing drop in HRC pricing. The 4th quarter is usually a slower time for steel usage and prices are normally weaker than other quarters. The sources used by steel mills have dropped faster than their selling prices of semifinished steel, so this likely…
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Surplus Steel Sheet Pile
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We have available subject to prior sale the following: Unused Steel Sheet Pile in pairs 100 pair = 100.8 net tons PZC18 x 20 ft Weight per foot = 50.4 lbs Location near San Jose California Condition: half epoxy coated, some rust Grade ASTM A-572 – 50 Contact us at 602-381-1006 if interested. We can…
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Friday Food for Thought & Predictions for the Future.
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Here is a message I received from a friend with predictions for the future. It’s not too hard to believe these could come true. I don’t know the author of this. Maybe somebody at the Kahn Academy? In any case enjoy and keep learning! In 1998, Kodak had 170,000 employees and sold 85% of…
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West Coast scrap drops further
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In today’s steel business briefing there is an article which follows outlining the quick drop in scrap pricing for export to Taiwan via containers. In short, scrap dropped about $100/mt in the past 3 weeks and is now about $180 to $190 mt loaded containers at the LA port. Meanwhile, steel mills in the USA…
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New Sheet Pile available
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We have the following available subject to prior sale: Section: H1707 Producer: Hoesch Grade: S 355 GP Length: 12 meters Quantity: 1,500 mt Let us know where you need this tonnage delivered. Certs: MTR Ex. H1707 This is subject to prior sale.
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Go Green! Jersey Shore Steel Wins Governor’s Award, International Recognition
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For environmental excellence, technology innovation, and industry leadership Jersey Shore, PA – Pennsylvania steel manufacturer Jersey Shore Steel Company’s sustainability initiatives have earned the 2013 Governor’s Award for Environmental Excellence (GAEE). In addition, the company has been recognized as a finalist for technology innovation and industry leadership in the 2013 Platts Global Metals Awards. The…
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Steel Stock Rally: Signs of Firmer Pricing Abound
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Earlier today, Steel Guru Michelle Applebaum, provided more detail on the upward turn in steel prices. “According to steel buyers we speak with, Nucor has followed Gerdau’s price increase for beams, where pricing had dropped $80/ton 2 weeks ago in a sudden move led by Steel Dynamics. Nucor has told customers via letters that…