Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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August 2016 | Steel Raw Materials


Freight Highlights: 23 August 2016


A roundup of MBR's freight statistics for the week of 23 August 2016

Standard Steel will lay off about 100 employees this month in response to decreased demand for rail wheels and axles, particularly from the coal industry. “We’re reacting to the change in market conditions in the rail industry,” president and chief operating officer John M. Hilton told AMM. The change has led the Burnham, Pennsylvania-based company, which manufactures...

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