Year: 2020

Steel Dynamics Announces Planned Acquisition to Secure Ferrous Scrap Volume for New Sinton, Texas Flat Roll Steel Mill

FORT WAYNE, Ind., March 2, 2020 /PRNewswire/ — Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that as part of its raw material procurement strategy to support its new Texas flat roll steel mill, the company…

First coil processed at Rourkela Steel Plant of SAIL on hot strip mill line supplied by Primetals Technologies

Three million metric tons per year capacity Plant produces high quality steels for automotive industry and API grades Pair cross technology ensures optimum control of profile and flatness Fast start-up…

Mill Delivery Lead Times to Austrian Steel Buyers Extend

Regional mills sought price increases for steel strip mill products, throughout Europe, in February. Many large customers hold ample inventories and bought no material at the inflated offer values, while…

Mixed Price Trend Witnessed in European Plate Market

MEPS notes varied price trends across the European steel plate market, in February. Transaction values stabilised or increased modestly, in mainland Europe. In contrast, negative price pressure was detected in…

European Steel Mills Lift Prices But Buyers Remain Cautious

European strip mill product basis prices continued to move up, in February. Domestic steelmakers adopted a firm stance in negotiations with buyers. They wish to implement further rises in the…

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