Archive for ‘MEPS’

105 results.

Steel Scrap Price Update – Unprepared 255 Net Ton

on May 22nd, 2012 at 2:30 pm
Posted In: MEPS, scrap metal prices, Steel Prices, Steel Scrap Metal Prices

Prices provided by Fair Salvage Company | 2731 E. Grass Lake Road | Clare, MI 48617 | Ph: 989-386-7552.  Prices are net ton and gross ton. 2′ PLATE AND STR $335.00 $375.00 5′ PLATE AND STR $315.00 $352.00 AF STRUCTURAL $330.00 $369.00 SHORT STEEL $310.00 $347.00 MIXED CAST $295.00 $330.00 CLEAN MOTOR $320.00 $358.00 UNCLEAN […] ↓ Read the rest of this entry…

US Steel Shipments Expected to Increase by Six Percent in 2012

on May 10th, 2012 at 10:11 am
Posted In: MEPS, Steel Prices, Steel Scrap Metal Prices, US scrap metal prices

May 10, 2012 US mill shipments are expected to continue to recover from their 2009 low and reach well over 80 million tonnes this year. This is represents an increase of almost 6 percent, compared with the outturn in 2011. The economic outlook for the country is now more positive. Unemployment has fallen and consumer […] ↓ Read the rest of this entry…

Record High World Wide Stainless Steel Output Expected in 2012

on May 8th, 2012 at 12:00 pm
Posted In: MEPS, scrap metal news, scrap metal prices, stainless steel prices, stainless steel scrap metal prices

May 8, 2012 Worldwide stainless steel output is forecast to grow by almost 6 percent, year-on-year, in 2012, to give another new record total of 34 million tonnes, despite global economic gloom. Global crude stainless steel production in 2011 reached another all-time high total of 32.1 million tonnes according to official figures. This is 3.3 […] ↓ Read the rest of this entry…

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Stainless Steel Prices Expected to Decrease Further in May

on May 3rd, 2012 at 3:00 pm
Posted In: MEPS, scrap metal prices, stainless steel prices, stainless steel scrap metal prices

May 3, 2012 The MEPS – World Average Cold Rolled Coil, grade 316, transaction value decreased by 5 percent in April. Reductions, due to falling raw material costs, were noted in North America, Asia and the EU. Stainless steel selling figures are forecast to decrease further this month because of recent reductions in nickel values. […] ↓ Read the rest of this entry…

Buyers Minimize Steel Price Hike in Europe

on March 21st, 2012 at 3:30 pm
Posted In: Europe EU Scrap Metal Prices, MEPS, Steel Prices

March 21, 2012 Forbes reports - U.S. Steel is looking at the cheap and abundant supply of domestic natural gas to reduce its soaring input costs. In other news: North European producers proposed very substantial increases in prices for strip mill products during the past month. However, demand is only at a moderate level and many buyers […] ↓ Read the rest of this entry…

Latest Supply and Demand Roundup of Cold Rolled Coil from MEPS

on March 8th, 2012 at 2:00 pm
Posted In: MEPS

March 8, 2012 Higher transaction values in the EU during the next few months could encourage more supply to the market. In 2012, mills should be able to recover the lost tonnage from last year and produce 13.7 million tonnes. Direct mill business with the Japanese white goods manufacturers is satisfactory. Activity in the general […] ↓ Read the rest of this entry…