by espsteel | Aug 27, 2014 | Uncategorized
Stainless steel scrap prices fell for the 4th week in a row despite nickel going sideways in trading. Continually weakening supply demand dynamics are to blame with reduced demand from the mills to blame.
by espsteel | Jun 23, 2014 | Uncategorized
Don’t take this to the bank yet, but it looks like 303 and 304 down a penny and 316 up a couple in July compared to June. Outokumpu has published the stainless bar alloy surcharge, waiting for other mills. Even more importantly . . . Nickel Average for Calc...
by espsteel | Jun 13, 2014 | Industry News
Back on June 6, American Metal Market ran an article that was titled “Strong demand boosts stainless prices”. Here at ESP, we strongly support the view offered from that article, particularly as it relates to long products. It appears the higher pricing...
by espsteel | May 21, 2014 | Uncategorized
Just yesterday, American Metal Market reported that stainless steel shipments were up in US in the month of April. April tons were up 4% over March and almost 8% over April 2013 tonnage. US inventories were up slightly in April versus March 2014, but up 12.3% higher...
by espsteel | May 21, 2014 | Uncategorized
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