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 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...