by espsteel | Sep 16, 2013 | Uncategorized
From MSCI Economic Summit this past week, Dan North, economist at Euler Hermes, says global growth in 2013 2.4%, 3.1% in 2014. U.S. growth an anemic 1.6% in 2013, 2.7% in 2014.
by espsteel | Aug 28, 2013 | Uncategorized
As reported by Metal Center News (Aug. 21, 2013), metal service centers experienced an uptick in July shipments with shipments up 5.3% over July 2012. We have all been riding out the market and controlling our inventories. As noted in last week’s write-up, inventories...
by espsteel | Aug 5, 2013 | Industry News
We have all been watching the drop in the nickel surcharge over the last few months. The current spot market price for nickel (go to www.kitco.com) is as low as it has been since April 2009. At the same site, you can look at the LME (London Metals Exchange) nickel...