Market Segment
December 1, 2023
CRU aluminum: A call for import monitoring and sustainable practices
Written by Marziyeh Horeh
Here’s the latest on the aluminum markets from CRU analyst Marziyeh Horeh.
Aluminum prices
Latest in Market Segment
AISI: US production retreats after early September surge
Domestic raw steel output fell to a six-month low last week after hitting a multi-year high one week earlier, according to the latest American Iron and Steel Institute (AISI) figures.
Louisiana OKs up to $1.3B in bonds for proposed Hyundai-POSCO mill
The proposed Hyundai-POSCO steel mill in Louisiana has been approved for up to $1.3 billion in bond financing, according to state records and local media reports.
USW to move to 48-hour extensions with Cliffs, USS after Oct. 1 deadline
The United Steelworkers (USW) union plans to extend its current labor contract with U.S. Steel and Cleveland-Cliffs by 48-hours on a rolling basis, the union told SMU on Monday.
Nucor increases spot HR by $10/ton
Nucor said on Monday, Sept. 21, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,210 per short ton (st) this week, a $10/st increase from a week earlier.
USW “extremely disappointed” with USS as contract deadline nears
The United Steelworkers (USW) union on Sunday said it remained far apart from U.S. Steel over the terms of a new labor contract. Meanwhile, the deadline for negotiating a new contract inches closer.