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Economy & Markets
The latest on the economy's health and the markets driving the supply and demand of steel.
Latest News
AK Steel Posts Loss for 2014 Despite Profitable Q4
27 January 2015 - AK Steel reported its financial results for the fourth quarter and full year of 2014.
voestalpine Securing Railway Infrastructure Orders Worldwide
27 January 2015 - Buoyed by the current global revival of the railway sector, the voestalpine Group’s Metal Engineering Division, which covers the railway infrastructure sector, is consistently winning major international orders.
Severstal Reports Q4 and FY 2014 Operational Results
26 January 2015 - PAO Severstal announced its operational results for the fourth quarter and full year 2014.
EVRAZ Announces 2014 Operational Highlights
22 January 2015 - EVRAZ plc released its operational results for the fourth quarter of 2014 and the full year of 2014.
ATI Reports Q4 and Full Year 2014 Results
21 January 2015 - Allegheny Technologies Inc. reported fourth quarter 2014 sales of US$1.05 billion and income from continuing operations attributable to ATI of US$19.9 million, or US$0.18 per share.
Insteel Encouraged by Improvement in Non-Res Construction Market
19 January 2015 - Insteel Industries Inc. announced financial results for its first quarter ended 27 December 2014.
IREPAS: Global Longs Market Deteriorating, Demand Stagnating
12 January 2015 - The global long steel products market has been quiet recently mostly because of the holidays in many countries, with business volumes shrinking to low levels, IREPAS said in its Short Range Outlook for January 2015.
Platts: Outlook for China’s Steel Market Worsens
12 January 2015 - The outlook for China's steel market in January has worsened, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which shows a headline reading of 23.1 out of a possible 100 points in January.
Schnitzer Steel Reports Results for Quarter with Steel Decline in Ferrous Prices
08 January 2015 - Schnitzer Steel Industries Inc. reported financial results for its fiscal 2015 first quarter ended 30 November 2014.
CMC Reports Strong Results
06 January 2015 - Commercial Metals Co. (CMC) announced financial results for its first quarter ended 30 November 2014.
Kobe Steel CEO Delivers New Year's Message to Employees
05 January 2015 - On 5 January, the first working day of 2015, president and CEO Hiroya Kawasaki gave a New Year's message to company employees.
OECD Steel Committee: Excess Capacity, Trade Friction Cloud Outlook for Global Steel Industry
22 December 2014 - The following is a statement from Risaburo Nezu, chairman of the OECD Steel Committee, issued after a meeting on 12 December 2014.
Seversal Dearborn Acquisition, Strong Auto Market Boost AK Steel’s Q4 Shipments
19 December 2014 - AK Steel provided guidance for its fourth quarter 2014 financial results.
SDI Shares Q4 Guidance, Sees Steel Demand Trend Remaining Favorable
18 December 2014 - Steel Dynamics Inc. provided fourth quarter 2014 earnings guidance, noting that it expects both metal spread and shipments to contract due to seasonality and the continuation of elevated import levels.
EUROFER: Strengthening Trend in EU Steel Market Set to Continue in 2015
17 December 2014 - The latest economic surveys show that following a weakening trend in Q3, most indicators have been stabilizing, according to EUROFER.
Nucor Provides Guidance on Q4 Perfomance
16 December 2014 - Nucor Corp. announced guidance for its fourth quarter ending 31 December 2014.
IREPAS Gives Short Range Outlook for December 2014
16 December 2014 - Oversupply has been evident in the global long steel market from September up to the end of November, slowing down demand, putting pressure on the market and pushing prices downwards.
Platts China Steel Sentiment Index Shows Small Uptick
12 December 2014 - The outlook for China's steel market has improved slightly, with expectations of new orders rising and steel output tipped to stay at November levels, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which shows a headline reading of 37.39 out of a possible 100 points in December.
Outokumpu Gives Update on Market and Technical Issues in Calvert
10 December 2014 - Outokumpu’s stainless steel mill in Calvert, Ala., has experienced technical issues in all of its three cold rolling lines during the past six months. This has had a negative impact on customer deliveries and increased costs.
IREPAS Releases Latest Short Range Outlook for Global Long Products Market
03 December 2014 - The global long steel products market is still showing a high degree of competition, IREPAS said in its Short Range Outlook for November 2014. Demand is strong in North America, the Persian Gulf region and the Southeast Asian market, however, other markets like the EU and South America are still showing some weakness.
