Ocean Freight Cost Forecast 2023
The ocean freight industry is the lifeblood of global trade, connecting continents and facilitating the exchange of goods that sustain econo.
Blog - Page 2
Wire Pricing Update, Q3, Q4 2022
So where do we see wire pricing for the rest of Q3 and Q4, 2022? From all indications, the wire market is softening. For our domestic wire mills, including NAFTA mills (Canada and Mexico) we ex...
Steel Demand Forecast 2022 & 2023
Steel Demand Forecast 2022 & 2023 - Allen-Timmons Steel demand in 2021 rose to 1.83 billion mt or 2.7%, recovering.
Amended TCE Ocean Freight Calculations By Allen Timmons
A detailed report on ocean freight calculation by Allen Timmons, covering capesize freighter rates, S&P Global Platts commodity data, and TCE calculations for the maritime industry.
Steel Imports Up 43% in 2021
According to the Census Bureau data released in February 2022, the American Iron and Steel Institute (AISI) reports that the US imported 31,476,000 net tons (NT) of steel in 2021, including 22,770,000...
Western Steel & Wire Commitment to Stay in California
Are businesses leaving California? According to Forbes, from Jan 2018 to June 2021, 265 business headquarters have relocated out of California or an average of six per month and this is an undercou...
Wire Pricing Update
Where do we see wire pricing and lead times for the end of Q2 and beyond? From all indications and research, we see price and lead time increasing. During the week of 3/14, steel rod producers ...
What is P.I.E.?
P.I.E. stands for Price In Effect. As many of you are finding out, when you go to purchase material you are getting quotes that say PIE.
Russian Oil Ban Impact on Availability, Market, Fuel Prices
What Does it All Mean? ArcelorMittal's steel plant in Kryvyi Rih, Ukraine, has been operating at a third of capacity since the outbreak of war. PHOTO: VINCENT MUNDY/BLOOMBERG NEWS President Biden...
Stainless Steel Surcharges
Why do Surcharges exist on Stainless Steel? The purpose of the surcharge is offset the rapid increase and fluctuating costs of raw materials included in each individual alloy. The alloy surcharge is ...
NICKEL UPDATE - 250% PRICE INCREASE
Nickel, used in stainless steel wire and electric-vehicle batteries increased 250% in two days from $11/lb to $50/lb,
Intermodal vs. Truck
When shipping to and within the continental US, it is important to consider all the factors when selecting whether to ship Intermodal or Truck. Intermodal freight (INU) involves moving freight by t...