Market Segment
November 25, 2024
Written by Laura Miller
Nucor is holding its hot-rolled (HR) coil base price flat for a third week.
The steelmaker told customers on Monday, Nov. 25, that its consumer spot price (CSP) for HR coil will be $750 per short ton (st) this week.
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).