Search results
Results from the WOW.Com Content Network
Thereafter, it doubled in the next 10 years, and then it is doubling again, maybe over a slightly longer span. The world steel industry flattened from 2007 to 2009 at 1,300 million tonnes, before rising again, due to worldwide recession starting in 2008, with its heavy cutbacks in construction, sharply lowered demand and prices falling 40%.
By 1751, Virginia and Maryland were exporting 2,950 tons of pig iron to Britain each year; at the time, British iron production was about 20,000 tons per year. [ 1 ] While the Chesapeake Bay furnaces were established for export, iron furnaces were established in the 1700s throughout the American colonies for domestic consumption.
U.S. Steel bought Big River Steel the following year. Prices have settled back to around $800 per metric ton, but that remains at the top end of the spectrum for steel prices over the past six years.
The industry produced over 74 million net tons per year as of November 2024. [1] Most iron and steel in the United States is now made from iron and steel scrap, rather than iron ore. The United States is also a major importer of iron and steel, as well as iron and steel products.
Non discounted American chlorine was priced at $390–410 short ton and discounted prices stood at $300 per short ton between November 2009 and February 2010. [122] As the European chlorine production spiked in November to a daily output of 26,971 tonnes, before falling to 23,667 short ton in December due to the Christmas and New Year holidays ...
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
National Steel Corporation furnaces and stockpiles, Detroit, Michigan, 1942. The National Steel Corporation (1929–2003) was a major American steel producer. It was founded in 1929 through a merger arranged by Weirton Steel with some properties of the Great Lakes Steel Corporation and M.A. Hanna Company with headquarters in Pittsburgh.
These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...