After Nucor (NUE) announced a $40/t flat rolled
price increase yesterday, which was the first increase since February, Jefferies analyst Martin Englert said he thinks peers are likely to follow.
The output of flat rolled
products from steel in Kazakhstan decreased by 48 percent at once.
In the Flat Rolled
Products (FRP) segment, the STAL joint venture experienced lower than anticipated demand in China, including continued softness in the high-end consumer electronics market, which drove an extended production downtime around the Lunar New Year holiday period.
LexWest Steel is a full-line distributor of flat rolled
steel products and will be rebranded as Maksteel USA under the expanding Union Partners portfolio.
This will be done combining both Garmco's competitiveness as a manufacturer of aluminium flat rolled
products (FRPs) and Mitsui's extensive experience as a global trading, investment and service enterprise.
International Resource News-July 31, 2013--AK Steel to increase base prices for flat rolled
stainless steel products(C)1994-2013 ENPublishing - http://www.enpublishing.co.uk
is the prime contractor responsible for the engineering, procuring and construction of the facility, which is expected to be capable of producing 160,000 tonnes of flat rolled
products for use in various applications.
Last time, the automobile companies had hiked prices it was due to the rise of raw material prices and now the Automotive Component Manufacturers Association of India (ACMA) has stated that the increase in customs duty of flat rolled
steel, which is a key raw material, will affect the manufacturers.
According to the USS press release the flat rolled
steel portion of their business improved significantly compared to first quarter 2010.
Based at the Alcoa Europe Flat Rolled
Products plant in Kitts Green, Birmingham, Mr Davies is the sales director responsible for the firm's aerospace and defence sales into Europe, the Middle East, South America and Russia.