by espsteel | Jun 12, 2017 | Uncategorized
As reported in AMM, some distributors expect the surcharges to drop again next month. “I have factored in an 8- to 9-cent decrease in (Type) 304,” a second midwestern distributor said, noting that he expects base prices to remain stable, possibly through this summer....
by espsteel | May 23, 2017 | Industry News
Stainless steel surcharges are mostly heading lower for June, with Types 304 and 316 extras dipping amid lower nickel, manganese, copper and molybdenum tags. Meanwhile, Type 430 surcharges will remain flat amid stable chrome and iron prices. (AMM May 23, 2017)
by espsteel | Apr 27, 2017 | Uncategorized
Only 4 of 21 days into current calculation period, but not “out of the box” very well. Nickel average last period @ 9,870 versus average so far this period at $9,289
by espsteel | Mar 29, 2017 | Industry News
American Metal Market March 28, 2017 U.S. stainless steel consumption is expected to be healthy in 2017 thanks to strong demand growth in key sectors that will offset the prolonged weakness from the oil and gas and power generation industries, analyst Markus A. Moll...
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