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France Vallourec announces its net losses increase in Q1
wednesday, May 06, 2020     [France]
France pipe maker Vallourec released business performance in the 1th quarter of this year. Vallourec's net losses were €2.4 billion in the 1st quarter of 2016, compared to a net loss of €76 million in last year. The company's sales revenues were €6.71 billion, down by 36.2% compared to the same period last year. The    Details.....
US’s rebar steel market prices fluctuate
wednesday, May 06, 2020     [United States]
This week four United States domestic steel mills have decided to rise rebar steel prices. Nucor has announced to raise prices for US$35/short ton on last Friday, effective immediately on May 2. Followed CMC to raise prices for US$45/short ton, effective immediately. SDI also announced to raise prices for US$ 45/short ton Monday this week.    Details.....
ArcelorMittal announces its new list prices for May
wednesday, May 06, 2020     [United Kingdom]
ArcelorMittal, is the world's leading steel and mining company, announced its list prices for May, including hot rolled coils, cold rolled coils, and hot-dip galvanized. After prices adjustment, Hot-rolled coil prices were at US$10/short ton; cold- rolled coil prices were at US$800/short ton and hot-dip galvanized base prices were    Details.....
US bulk ferrous scrap export tags jump further
wednesday, May 06, 2020     [United States]
NEW YORK — U.S. bulk ferrous scrap export prices have jumped another $17.50 per tonne, stoking the domestic market's fire as Turkey marked its return to the arena after an eight-day hiatus. One East Coast exporter booked a 40,000-tonne cargo to Turkey May 4, sources said. The deal consists of 20,000 to 28,000    Details.....
Nucor, SDI hike beam and merchant bar items
wednesday, May 06, 2020     [United States]
NEW YORK — Nucor Corp. and Steel Dynamics Inc. (SDI) have raised prices for certain steel beam and merchant bar products. Nucor increased published prices for “most merchant and structural products” by $30 per ton ($1.50 per hundredweight), effective with new orders May 4, the Charlotte, N.C.-based company's Nucor Steel    Details.....
 Latest News
AK follows ArcelorMittal, hikes sheet prices $60/T
Domestic rebar prices up, fueled by mill hikes
US’s rebar steel market prices fluctuate
United States hollow steel spot prices is expected to rise
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Turkey local hot-dip galvanized market continues upward trend
ArcelorMittal announces its new list prices for May
Nucor, SDI hike beam and merchant bar items
US bulk ferrous scrap export tags jump further
France Vallourec announces its net losses increase in Q1
Brazil Gerdau’s net profits fall in Q1
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 Encyclopedia
Solution Heat Treatment
A heat treatment in which an alloy is heated to a suitable temperature, held at that temperature long enough to cause one or more constituents to enter into solid solution, and then cooled rapidly enough to hold these constituents in solution

Heel-Toe Weighting
A redistribution of the weight from a central sweetspot to the heel and toe areas of the club to expand the effective hitting area.

Chemical Polishing
Improving the specular reflectivity of a metal surface by chemical treatment.

term
A specified period of time (that is, the term).

Negative Amortization
Financing arrangement in which monthly payments may be less than the true amortized amounts and the loan balance may increase, rather than decreases, over the term of the loan. The interest shortage can be added back to unpaid principal or can be added ba

devaluation
The reduction in value of a currency with respect to another.

Title Insurance
A policy that protects a buyer against errors or omissions or defects in the title of the property.

ICC
Abbreviation for Interstate Commerce Commission International Chamber of Commerce.

Piggy Packer
A mobile container-handling crane used to load/unload containers to/from railcars.

Exch.
Exchange, Exchequer

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