Dan Hilliard

2 weeks ago | fastmarkets.com | Amy Jane Hinton |Dan Hilliard

This strategic launch is intended to offer the market a single reference price denoting the differential between US Midwest rebar and heavy melting-grade scrap, a key component in the production of that grade. Details of the previous launches can be found via this link. The methodology specification for this differential is:MB-STE-0930 Steel reinforcing bar (rebar), differential to No1 heavy melt Chicago, fob mill US, $ per gross tonQuality: Grade 60, No5.

2 weeks ago | fastmarkets.com | Amy Jane Hinton |Dan Hilliard

This strategic launch is designed to offer the market a single reference price denoting the differential between hot-rolled steel products and the key benchmark scrap and raw materials composite in the production of those grades. The methodology grades for these differentials are as follows:MB-STE-0928 Steel hot-rolled coil index, differential to No1 busheling Chicago, fob mill US Midwest, $/gross tonQuality: ASTM A1011 Commercial Steel and corresponding grades.

Jan 16, 2025 | fastmarkets.com | Dan Hilliard

Whether that ends up being a net positive remains an open question, according to panelists at the conference. Ted Brackemyre, an associate for international trade with Wiley Trade LLP, believed that Trump meant what he has said about introducing a slew of new economic measures in his first 100 days back in office. “The details of these policies and programs will become very important, very quickly,” Brackemyre predicted.

Jan 6, 2025 | fastmarkets.com | Dan Hilliard

President Joe Biden has followed up on his threat to block the $15 billion acquisition of US Steel by Japan’s Nippon Steel.In a statement released early on Friday January 3, President Biden cited national security concerns for his decision, despite US Steel’s own objections and an inconclusive Committee on Foreign Investment in the United States report.

Nov 7, 2024 | fastmarkets.com | Kirstyn Petras |Chris Kavanagh |Dan Hilliard |Rijuta Dey Bera

American Iron and Steel Institute president and chief executive officer Kevin Dempsey said in the Wednesday November 6 statement that steel took center-stage during the election — and it should remain in the limelight throughout President Trump’s second term. “Steel has been front and center during the presidential campaign and we are confident the concerns of our industry and its workers will receive priority attention by the incoming Trump administration,” he said.