Market Segment
August 24, 2023
Written by Ethan Bernard
Nucor executive Daniel Needham detailed at this year’s Steel Summit what’s on the horizon for the steelmaker as the company continues to diversify.
“The future is going to be different,” Needham, EVP of commercial for Nucor, said in a fireside chat with SMU managing editor Michael Cowden. “We are all looking for a cost-effective transition to a cleaner future.”
U.S. Steel on Wednesday proposed a new, five-year labor contract to the United Steelworkers (USW) union – one that would run from Sept. 1, 2026, to Sept. 1, 2031.
Canadian Prime Minister Mark Carney has threatened legal action against Cleveland-Cliffs over the layoffs announced earlier this week at its Stelco mill in Hamilton, Ontario.
Steel trade groups applauded the US Trade Representative’s (USTR's) unveiling of "The Milwaukee Framework" to fight global excess steel capacity.
The Commerce Department has made its preliminary findings in the anti-dumping portion of the trade case investigating large-diameter graphite electrodes (LDGE) from China and India. The agency found that LDGEs from both countries are being, or are likely to be, sold in the US at less-than-fair-value.
The US Department of Commerce has determined that the anti-dumping duty (AD) suspension agreement on cut-to-length plate imports from Ukraine should not be sunset.