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Home » Authors » Chris Billman

Articles by Chris Billman

steel rolls
STEEL MARKET

What does new US-China trade deal mean?

Billman
Chris Billman
February 8, 2020
No Comments

Recently, President Trump signed “phase one” of the US-China trade deal. But what does this trade deal actually mean?


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Market Watch
STEEL REPORTS

Monthly average import levels from Brazil and Argentina

Billman
Chris Billman
December 4, 2019
No Comments

On Monday, President Trump announced plans to restore tariffs on all steel and aluminum imports from Brazil and Argentina.


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Breaking News IoT blueprint
BREAKING NEWS

Cleveland Cliffs to acquire AK Steel in an all-stock deal valued at $1.1 billion

The deal represents a 16 percent premium to yesterday's closing price of $2.89 for AKS.
Billman
Chris Billman
December 3, 2019
No Comments

The deal represents a 16 percent premium to yesterday's closing price of $2.89 for AKS.


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steel rolls
STEEL MARKET

China makes move to spur economic development in steel industry

Billman
Chris Billman
November 20, 2019
No Comments

For the first time since October 2015, China lowered interest rates on short-term loans.


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Faucet
STEEL MARKET

How attack on Saudi Arabian oil facility will affect hot-rolled coil steel

Billman
Chris Billman
September 17, 2019
No Comments

This attack and subsequent production outage caused the largest, one-day, oil price surge since 1991. As of this writing, crude oil pricing is at $60.43, up 10.17 percent from Friday. This is the highest crude has been since May. 


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Market Watch
STEEL MARKET

Momentum has dropped out of the domestic scrap market 

Billman
Chris Billman
September 9, 2019
One Comment

Current expectations from the domestic scrap market is for pricing to slide $10-$20/gt and give back most, if not all, of August’s increase.


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Market Watch
STEEL MARKET

Why you can expect domestic flat-rolled steel pricing to keep rising

Billman
Chris Billman
August 14, 2019
No Comments

Current domestic flat-rolled steel pricing remains below domestic mill published pricing, signaling room for further growth.


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Market Watch
STEEL MARKET

Are we fighting the inevitable?

Billman
Chris Billman
July 19, 2019
No Comments

Domestic steel production utilization dips below 80 percent for the first time in nearly a year. 


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Market Watch
STEEL MARKET

Domestic flat-rolled steel suppliers announced new prices

Is a market bottom upon us?
Billman
Chris Billman
July 9, 2019
No Comments

There is always a debate as to whether the time for a market bottom is now. These debates typically hinge on supply, demand, other factors. As the mills see it, the ancient proverb “there is no time like the present” sums up the situation perfectly. 


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Market Watch
STEEL MARKET

Buyers' strike hits the domestic steel market

Billman
Chris Billman
June 19, 2019
One Comment

The current uncertainties surrounding the domestic steel market have caused a “buyers' strike,” which has pushed domestic flat-rolled steel prices to their lowest levels since Q4 2016.


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