Monthly Archives: March 2018

//March

Timken Steel Raised SBQ Prices

Timken Steel Raised SBQ Prices In a leading move, Timken Steel raised SBQ prices. The Canton, Ohio company raised its special bar quality (SBQ) product prices by $50-$150 per ton effective Wednesday March 28, 2018. This comes after SBQ mills in the USA slated base price increases effective with April 1 shipments. US producers raised SBQ [...]

2018-03-30T18:07:52+00:00A View|

Pop in Motor Vehicle and Parts Production

Notable Pop in Motor Vehicle and Parts Production Friday's 1.1 percent jump in industrial production is an indication of the long-awaited convergence of recently more upbeat survey data. All major categories were higher as well, notable was the 3.9 percent pop in motor vehicle and parts production. US Raw Steel Production Increased US raw steel production [...]

2018-03-29T15:27:19+00:00A View|

Consumer Sentiment at Highest Level Ever

Consumer Sentiment at Highest Level Ever With consumer sentiment at highest level ever, the University of Michigan's early read shows March consumer sentiment rose 2.3 points to 102.0, its highest level since 2004 and its highest level ever. Wells Fargo US Raw Steel Production Eased Back Last Week US raw steel production eased back last [...]

2018-03-20T12:49:50+00:00A View|

US Raw Steel Production Highest Since 2015

US Raw Steel Production Highest Since 2015 With US raw steel production highest since 2015, it rose 2.9 percent as mills operated at an ACUR of 78.7 percent. The highest production level since the week ended January 10, 2015. When the ACUR was 79 percent. In the corresponding week last year, mills operated at an [...]

2018-03-13T15:37:52+00:00A View|

US Consumer Confidence at Highest Reading Ever

Rising to Its Highest Level Since 2000, US Consumer Confidence at Highest Reading Ever Rising to its highest level since 2000, US Consumer Confidence at highest reading ever. The strong jobs market has pushed consumers' assessment of the present economic situation even higher. Wells Fargo Texas Manufacturing Accelerated and Production Index Rose 11 Points The [...]

2018-03-06T16:26:28+00:00A View|