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
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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.
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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
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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
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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
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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.