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UG2/MG chrome ore prices experience sharpest decline since Sept 2021
UG2/MG chrome ore prices experienced major declines in the week to Tuesday July 12, dropping by $15 per tonne week on week, as the market saw the beginnings of a break in the continuing stalemate of recent weeks
August 9, 2022
·
By Sybil Pan, Claire Patel-Campbell
Insights
Correction to stainless scrap dealer prices
Fastmarkets has corrected its dealer buying prices for stainless scrap 304 solids, clips and stainless scrap 304 new clips in Pittsburgh, which were published incorrectly on Tuesday June 7 due to a reporting error.
June 8, 2022
·
By Sean Barry
Insights
Ford to invest $3.7 billion, largely in new vehicle production
Ford is making a $3.7-billion investment in its business, which will be spread out across its plants in Michigan, Ohio and Missouri, and will expand both electric vehicle (EV) and internal combustion engine vehicle (ICE) production
June 3, 2022
·
By Arthur Robert
Insights
Ukrainian steelmakers welcome US decision to suspend 232 tariffs, call for cancellation of other restrictions
Ukrainian steelmakers, particularly Metinvest and Interpipe, have welcomed the decision by the United States to suspend Section 232 tariffs of 25% against imports of steel from the country for one year
May 18, 2022
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By Vlada Novokreshchenova
Insights
Stainless surcharges set to soar in April
Stainless steel raw material surcharges for flat-rolled products in the United States will rise sharply for all flat stainless grades in April on surging nickel and iron costs, while the pattern of pricing shifts among the four producers is poised to diverge more widely, according to surcharge notices published by producers
March 30, 2022
·
By Robert England
Insights
NAS details basis for April nickel surcharge
North American Stainless (NAS) will define the nickel portion of the April 2022 surcharge for its stainless products using only London Metal Exchange official closing prices from February 21-March 18, the company said on Friday, March 18, noting that days that included disruption events will be omitted.
March 21, 2022
·
By Robert England
Insights
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