Iron Ore Prices Soared 67% This Year "Iron ore prices soared 67% this year, a resurgence driven by falling supplies that has led to challenging times for steel mills that use the material. As steel's main ingredient, iron ore is one of the world's most traded commodities and can influence prices for materials used in [...]
Alton Steel to Add Coiled Product Alton Steel will add coiled product, according to announced plans to invest $4.75 million in a Garret coiler, expanding its current offering of straight special bar quality (SBQ) bar. The coiler will permit a range of bar from .750” to 1.812” in diameter with coil weights of 5,000#. AMM [...]
LEI Suggests Economy Will Continue to Expand The Conference Board Leading Economic Index (LEI) for the US increased 0.1 percent in October following a 0.2 percent increase in September. The US LEI increased in October for a second consecutive month. Although its six month growth rate has moderated, the index still suggests the economy will [...]
