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Stainless consumption healthy in ’17: Moll

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...

European chrome tags up

The European benchmark price for charge chrome and high-carbon ferrochrome has dropped 11 cents to $1.54 per pound for the second quarter. Sources had predicted a second-quarter price of $1.48 per pound. However, on March 10 ferrochrome prices edged slightly higher as...

Surcharges a mixed bag for March

Stainless surcharges are varied for March, with Type 304 and 430 extras slipping due to lower iron prices that offset gains in nickel pricing while Type 316 surcharges rose from the previous month thanks to higher nickel and molybdenum tags. (American Metal Market Feb...

Starting off 2017 with a bang

From American Metal Market U.S. steel distributors kicked off 2017 with a bang thanks to explosive demand in January that drove significantly higher shipment levels. “This was the strongest January we’ve ever had, and I’ve been in business for 40 years,” said Jerry F....

No open checkbook?

Demand is up causing holes in your inventory. As well, you need to beef up your incoming to handle the higher sales level. But the president of the company hasn’t handed you an open checkbook. Well, buy just what you need for right now from ESP Specialty steel...