Market Segment
January 3, 2024
Written by Ethan Bernard
Cleveland-Cliffs has appointed private-equity executive Ron Bloom to its board of directors, effective immediately.
Bloom, also a labor and political advisor, is the 11th member of Cliffs’ board. Ten are independent advisors, Cliffs said. Bloom is currently a managing partner and vice chair of Brookfield Asset Management’s Private Equity Group.
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).