Hot Off the Press
AISI Releases 2002 Steel Stats Report
Monday, July 07, 2003
The American Iron & Steel Institute has released its 2002 Annual Statistical Report. The 130-page book provides statistical data on the United States steel industry as well as selected data on the Canadian and Mexican industries. Some worldwide statistics also are included. Charts cover shipments, apparent supply, imports, employment and raw steel over a 10-year period. Other data cover income and cash-flow, and shipments by product and market.
The report is available in book form or on CD in Excel format. To purchase ($160 for a hard copy and $140 for an electronic version), visit www.steel.org/stats
May Steel Imports Steady, Prices Falling
Thursday, July 03, 2003
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reports that the United States imported 1.9 million net tons of steel in May, an increase of 2.9 percent over April . Through May, total steel imports are 10.1-million net tons, down 16.3 percent as compared to the same period last year.
The May spot price for hot-rolled sheet dropped to $260 from a peak of $400 in July 2002, according to AISI, citing a report in Purchasing Magazine
. The May spot price, reports AISI, is down 23 percent from the 21-year average of $339. The May spot price for cold-rolled sheet dropped to $380from a peak of $525 in July 2002, and is down 15 percent from the 21-year average of $449.
For more, visit the AISI website at www.steel.org
Linear Establishes Turnkey Solutions Company
Wednesday, July 02, 2003
To assist metalforming companies with integration, project management and turnkey pressroom-automation solutions, Linear Transfer Systems Ltd., Barrie, Ontario, Canada, has formed a sister company, Integem Technologies Inc. Integem personnel will research and analyze potential suppliers, to identify the most suitable equipment needed to satisfy individual applications. Linear, a global supplier of servo-transfer systems and destack feeders, and Integem are divisions of Aurtas Intl.