US hot-rolled coil index stable as mills try to set mid-$20s/cwt floor
US hot-rolled coil prices remain modestly below $25 per hundredweight as mills seek to keep them from falling into loss-making territory amid a steep drop in demand. |
Mexican scrap prices mostly stable while market braces for price cuts
Ferrous scrap prices in the Mexican steelmaking regions of Monterrey and Bajío were mostly unchanged week on week. |
ArcelorMittal Kryvyi Rih's Q1 steel output down 7% on Covid-19 effects
ArcelorMittal Kryvyi Rih's Q1 steel output down 7% on Covid-19 effects. |
US Steel Industry Groups Urge Congress to Include Infrastructure in Next Stimulus Bill
Five major US steel industry groups strongly urged Congress to include significant infrastructure investment in the next phase of COVID-19 stimulus legislation to provide a clear path toward its nation’s recovery. |
AISI: US Last Week's Raw Steel Production
In the week ending on April 11, 2020, US domestic raw steel production was 1,256,000 net tons while the capability utilization rate was 56.1 percent. |
AISI Releases March SIMA Imports Data
American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of March totaled 2,323,000 net tons (NT). |
US February Steel Shipments Up 0.4% From February 2019
The American Iron and Steel Institute (AISI) reported that for the month of February 2020, U.S. steel mills shipped 7,771,656 net tons. |
China's steel output, inventory fall in March
China's steel output and inventory both fell in March, according to data from the China Iron and Steel Association. |
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