The SteelBenchmarker™ Chinese HRB ex-works price for August 25 plunged 7.4 percent to $636 per ton, for the third consecutive drop. The World export HRB price plunged 6.6 percent to $1,006 per ton, FOB the port of export, for the
Led by a much larger-than-expected increase in the demand for commercial aircraft, July's orders for big-ticket manufactured goods saw a second consecutive strong monthly performance. The U.S. Commerce Department announced that orders for durable goods rose 1.3 percent last month,