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This Morning in Metals: U.S. steel prices continue to cool

This morning in metals news: U.S. steel prices have continued to decline; OPEC will continue its output increase schedule in February 2022; and, lastly, Alcoa at the end of last year announced plans to curtail production at its San Ciprián aluminum smelter in Spain.

Does your company have a steel buying strategy based on current steel price trends?

Although U.S. steel prices remain elevated, prices have cooled over the last few months, according to MetalMiner Insights data.

U.S. hot rolled coil, for example, closed last week at $1,587 per short ton, or…

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Hot Rolled vs Cold Rolled Steel

Steel comes in many grades, specifications, shapes, and finishes—the World Steel Association lists over 3,500 different grades of steel, each with unique properties. The various types mean that steel can by widely used in infrastructure, appliances, vehicles, wind turbines, and many more applications.

Optimizing steel’s properties for each application goes beyond changing the chemical composition, however. The manufacturing processing of steel can also have a significant impact on steel products—even when the grades and specifications are the same. One key…

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Exclusive Insights on Galvanized Steel Wire Market 2021-2026

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  • February 9, 2022
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Global Galvanized Steel Wire market report gives a complete knowledge of Galvanized Steel Wire Industry based on key parameters such as market size, revenue, sales analysis, and key drivers. The market size is anticipated to grow at a large scale over the forecast period (2021-2026). The primary focus of this study report is to give users an extensive insight into the market. So that users can apply strategic processes to benchmark themselves globally. Key drivers, as well as challenges of the market, are discussed in the report. Also, reports…

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Coated Steel Sheets Market Present Scenario and Growth Analysis till 2026

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  • February 7, 2022
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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Global Coated Steel Sheets market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

Effect of COVID-19: Coated Steel Sheets Market report investigate the effect…

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According to a recent study from market research firm Graphical Research, the North America automotive heatshield market size is poised to expand at substantial CAGR during the forecast period. High sales of luxury vehicles and stringent regulations placed by the authorities will expand North America automotive heatshield market size over the coming years. When a vehicle generates excess heat and its systems are unable to control the same, then the automobile begins to underperform and ends up using excess fuel. The excessive heat and fuel emissions are quite harmful for the environment, leading to increased production and installation of…

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Galvanized steel: New guide warns against poor choices of paint products

To prevent paint delamination and under-film corrosion from happening, the Galvanizers Association of Australia (GAA) has updated its product recommendation guide for paint systems used over galvanized steel in specific environments. The product guide is a companion reference to the earlier duplex coatings guide (it’s available from the technical publications page – free registration required), which maps specific products to the paint systems for the various corrosion categories from the Standard AS/NZS 2312 Part 2.

Aside from giving a different colour to galvanized structures, painting hot dip galvanized steel (duplex coating) can provide improvements in overall durability and performance. In…

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The difference between galvanized steel sheet and aluminized steel plate

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  • January 12, 2022
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Hot Dip Galvanized steel plate (GI), a kind of steel, belonging to galvanized iron, also known as GI material. Hot-Dip Galvanized steel sheet manufacturing process is to clean the iron, through the wettability of flux, immersed in the zinc bath, so that steel and molten zinc reaction to generate a alloy of the skin membrane. Advantages: • Anti-rust, anti-corrosion, strong weather resistance. Corrosion resistance is very good, the general environmental protection effect of up to 30-50 years. • Beautiful appearance and easy processing.

Aluminized steel plate is the aluminum-silicon alloy coating of the steel plate, in which the aluminum content…

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The Galvanized Steel Wire Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole Galvanized Steel Wire Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.

Galvanized Steel Wire Market is envisaged to record an expansion at the CAGR of 3.9% over the forecast period, 2021 – 2026

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the…

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The U.S. steel capacity utilization rate rose to 82.4% for the week ending Dec. 11, the American Iron and Steel Institute reported this week.

The rate increased from 81.9% the previous week.

U.S. steel output reached 1.82 million tons last week, up 0.6% from the previous week. Meanwhile, output in the year to date is up 19.4% to 89.9 million tons.

Meanwhile, U.S. steel prices continue to cool after rising for more than a year.

U.S. hot rolled coil reached $1,731 per short ton last week, or down 6.9% month over month, according to MetalMiner Insights data. Cold rolled coil fell 1.9% to…

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The galvanized steel market is poised to grow by 57.74 mn tons during 2021-2025, progressing at a CAGR of about 3% during the forecast period. The report on the galvanized steel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising demand for galvanized steel in industrial applications and an increase in demand from pre-engineered buildings.

The galvanized steel…

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