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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.
The use of cold-formed steel members in building construction began in the 1850s in both the United States and Great Britain. In the 1920s and 1930s, acceptance of cold-formed steel as a construction material was still limited because there was no adequate design standard and limited information on material use in building codes.
Cold-rolled sheets and strips come in various conditions: full-hard, half-hard, quarter-hard, and skin-rolled. Full-hard rolling reduces the thickness by 50%, while the others involve less of a reduction. Cold rolled steel is then annealed to induce ductility in the cold rolled steel which is simply known as a Cold Rolled and Close Annealed.
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 ...
International Steels was founded by Amir Sultan Chinoy in 2007 as a joint-venture between International Industries Limited, Sumitomo Corporation, and JFE Steel. [6] [3] Its plant was commissioned in 2010 at a cost of $162 million and it had a capacity to produce 280,000 tons per annum of cold rolled coil from hot rolled coil, including 150,000 tons per annum of galvanized steel. [7]
The plant has an annual capacity of 2.9 million net tons of steel from an 80″ hot strip mill, 64″ and 84″ Pickle lines, 84″ five-stand cold reduction mill, continuous annealing line, batch and open-coil annealing facilities, 84″ temper mill, 52″ hot-dip galvanizing line and a 48″ hot-dip galvanizing line, as well as the #11 Shear ...
Wheeling Steel Corporation was organized on June 21, 1920. [1] It consisted largely of the assets of the Whitaker iron family and associated families in the Ohio valley and remained under their control for many years. In 1968, Wheeling Steel merged with Pittsburgh Steel to become the 9th-largest steelmaker in the United States at the time.
The industry argued that steel tariffs imposed in 2018 boosted steel prices, profits, and employment. They have also publicly called for stricter enforcement of trade laws and increased tariffs on steel-intensive products from China and Southeast Asia. [21]