by espsteel | Feb 12, 2014 | Uncategorized
AMM reports stainless steel scrap prices are up after consecutive weeks of declines. Scrap price increase caused by jump in LME nickel pricing.
by espsteel | Feb 10, 2014 | Uncategorized
Market analysts said apart from increased domestic demand from alloy-makers, firmness in base metals overseas influenced nickel futures here.
by espsteel | Nov 25, 2013 | Uncategorized
Yes, the nickel surcharge overall was up a bit for December. Unfortunately recent copper and nickel has dove down significantly the last half of November. ESP projects that January will likely be down again. Remember that the surcharge calculation period is 21st of...
by espsteel | Nov 7, 2013 | Uncategorized
American Metal Market report stainless steel scrap prices remain flat, but expects the market to soften in the coming weeks amid uncertainty surrounding the nickel market and disappointing melting rates at stainless mills. This indicator goes along with mixed trends...
by espsteel | Sep 24, 2013 | Industry News
In its latest report, the Manufacturers Alliance for Productivity and Innovation (MAPI) reduced its growth estimates for 2013 and 2014. MAPI expects the U.S. economy to expand 1.6 percent in 2013. Manufacturing production, MAPI says, will expand 2.2 percent this year,...