Market Segment
March 26, 2021
Written by Michael Cowden
The United Steelworkers (USW) union has informed Allegheny Technologies Inc. (ATI) that it will go on strike beginning on Tuesday, March 30.
“We have provided the (strike) notice to ATI to ensure an orderly and safe shutdown of the equipment and facilities,” the union said in a bargaining update on Friday, March 26.
Several steel trade organizations have called on President Trump to resist weakening Section 232 steel tariffs.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
ArcelorMittal told the government of Ukraine that it is unable to restart operations at its ArcelorMittal Kryvyi Rih steel plant in a “safe and sustainable manner” following Russian missile attacks.
After an annual administrative review, the Commerce Department increased the anti-dumping duties on large-diameter welded pipe from Turkey.
Global raw steel production slowed for the third month in a row in August, according to the latest figures from the World Steel Association (worldsteel).