Market Segment
July 28, 2022
Written by Laura Miller
United Steelworkers Local 2724 – which represents technical, professional, and front-line supervisors – has ratified a labor agreement with Canadian flat-rolled steelmaker Algoma Steel.
Local 2724 membership voted 59.9% in favor of the labor memorandum, resulting in a contract that renews on August 1.
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).
The US Department of Commerce has preliminarily determined that critical circumstances exist in the countervailing duty (CVD) investigation of imports of large-diameter graphite electrodes (LDGEs) from China.
SMU’s Mill Order Index (MOI) accelerated in August for a fourth consecutive month, reaching its strongest reading in nearly five years.
Tk accelis announced the launch of a new B2B steel buying and selling marketplace called steelbuy USA.
Farming equipment manufacturer John Deere announced it will call back more than 375 employees to work across its Quad Cities factory operations.