by espsteel | Mar 9, 2018 | Industry News
AMM March 8, 2018 President Donald Trump has signed off on previously announced tariffs on steel and aluminum imports into the United States, officially implementing them as trade policy. Trump signed the blanket tariffs – 25% on steel imports, 10% on aluminum imports...
by espsteel | Aug 10, 2017 | Industry News
After the surcharge disaster in July, surcharges are slowly headed back up. As of today, copper is up 7% and nickel up 10% over last month. So 303, 304L, 316L and 17-4 all looking like there will be a surcharge increase of over 5%. 400 series is flat to up...
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 | 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...
by espsteel | Mar 17, 2017 | Industry News
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...
by espsteel | Feb 16, 2017 | Industry News
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....
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