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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.
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 ...
With a production capacity of 13 million tons of steel, the company is the third largest producer of carbon steel products in the United States. It is among the most profitable American steel companies in terms of profit margins and operating margin per ton. [1] Based on its 2021 revenue, the company ranked 196th on the 2022 edition of the ...
Steel demand in Latin America could dip through 2022 as the industry faces regional inflationary pressures, price hikes from the Russian invasion of Ukraine and political instability, an industry ...
As more steel is produced than is scrapped, the amount of recycled raw materials is about 40% of the total of steel produced – in 2016, 1,628,000,000 tonnes (1.602 × 10 9 long tons; 1.795 × 10 9 short tons) of crude steel was produced globally, with 630,000,000 tonnes (620,000,000 long tons; 690,000,000 short tons) recycled.
The SAE steel grades system is a standard alloy numbering system (SAE J1086 – Numbering Metals and Alloys) for steel grades maintained by SAE International. In the 1930s and 1940s, the American Iron and Steel Institute (AISI) and SAE were both involved in efforts to standardize such a numbering system for steels. These efforts were similar ...
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The company manufactures and sells sponge iron, mild steel slabs, rails, mild steel, structural, hot rolled plates, iron ore pellets, and coils. [6] Jindal Steel and Power set up the world's first MXCOL plant at Angul, Odisha that uses the locally available and cheap high-ash coal and turns it into synthesis gas for steel making, reducing the ...