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US flat products imports drop another 19% in May

June 19, 2009

Based on reported import licenses, flat products imports into the US declined 19% from 433,000 short tons in April to 351,000 tons in May. This compares to 816,000 tons of flat products imports in September 2008 when we started collecting the license data.
Cut plate, hot roll, cold roll, and hot dip galvanized imports all [...]

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US imports of long products continued to decline in December

January 19, 2009

US long products import licenses declined to 160,000 short tons in December from November actual imports of 173,000 tons. This compares to average monthly Jan-Nov imports of 282,000 tons. Licenses for all products were down in December except parallel flange sections, which climbed from 14,000 tons in November to 29,000 tons, mainly due [...]

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US Long Products Imports Decline in November

December 17, 2008

US long products import licenses declined 19% to 172,000 short tons in November compared to October actuals of 211,000 tons.  License volumes declined for all products except Parallel Flange Shapes and All Other Structural Sections.  High December licenses recorded up to the 16th of the month for Parallel Flange Shapes (21,000 tons) due to applications [...]

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Latest world monthly steel production by country, October 2008

November 21, 2008

According to newly released data by the World Steel Association, global crude steel production slowed by about 7% from September to October. Steel output is higher in 2008 than in 2007 by about 2.9%.
But the more interesting analysis is to explore how the data reflects the global industrial slowdown in different parts of the [...]

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NLMK Briefing on John Maneely Acquisition

August 25, 2008

Here is an excellent profile of pipe and tube maker John Maneely (JMC) in PDF format produced by NLMK at the time of their acqusition of JMC on August 12, 2008. It provides some very interesting detail on the size and shape of some of JMC’s major tube markets in the US. Click on the link below to open [...]

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Novolipetsk buys Tube Operations for $3.5Bn

August 13, 2008

For those looking for more details on today’s NLMK acquisition of the John Maneely tube operations from Carlyle, Bloomberg has a good piece here. It looks like they paid about $1,665/ton for operations generating about $230/ton of EBITDA. Here are some of the salient details from the Bloomberg article:
In the year ended June 30, John [...]

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MMK’s New Steel International Final EPA Permits

May 7, 2008

MMK’s planned steel mill in southern Ohio just received final permits from the Ohio EPA. You will be able to see the permits (though they’re not yet online) at the Ohio EPA site. A number of other application documents were linked to from this post back in February.

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MMK Ohio Steel Plant Application Details

February 21, 2008

This link will take you to the Ohio EPA page for New Steel International, the working title of MMK’s proposed steel mill investment in Haverhill or Franklin, OH. Deep in the detail you will see estimates of the facility size. It’s not clear exactly how big the facility will be. The plan is to build [...]

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