Market Segment
August 30, 2022
Written by David Schollaert
The United Steelworkers (USW) said United States Steel Corp. (USS) latest collective bargaining labor proposal “fails to meet standard” and that its members at USS will not be treated as “second class” citizens.
The proposal, according to the USW bargaining committee, stands in “stark contrast” to the tentative agreement recently reached between the USW and Cleveland-Cliffs.
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).