Product
April 17, 2024
Written by Michael Cowden
The steel market appears to be finding a new, higher normal with the shocks of the pandemic and the war in Ukraine in the rearview mirror.
The good news: a more profitable and consolidated post-Covid US steel industry has been able to invest in operations. That includes efforts to decarbonize.
Alter Trading Corp. has purchased the operating assets of Iron and Metals Inc., located in Denver.
The latest tally of active drilling rigs increased in both the US and Canada this week, according to oil and gas rig count data published by Baker Hughes.
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.
The import market for pig iron may have bottomed out, according to sources in Brazil.