Market Segment
October 25, 2022
Written by Laura Miller
Maintenance costs and increasing shipments to the automotive sector were major areas of discussion on Cleveland-Cliffs Inc.’s quarterly conference call with analysts on Tuesday, Oct. 25.
With major maintenance projects now complete and shipments starting to increase to auto customers, Cliffs is confident it can return to quarterly shipment levels of close to four million tons.
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.