Market Segment
May 5, 2023
Cleveland-Cliffs said Friday its employees represented by the International Association of Machinists and Aerospace Workers (IAM) Local 1943 at its Middletown Works in Ohio have ratified a new four-year labor agreement.
The Cleveland-based steelmaker said the agreement is effective on May 15, and covers approximately 2,100 hourly employees.
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.