Market Segment
January 2, 2025
Written by Ethan Bernard
Nucor said on Monday, Dec. 30, that it was keeping its spot base price for hot-rolled sheet this week at $750 per short ton (st).
The Charlotte, N.C.-based steelmaker has held its consumer spot price (CSP) at this amount since the middle of November.
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).
The US Department of Commerce has preliminarily determined that critical circumstances exist in the countervailing duty (CVD) investigation of imports of large-diameter graphite electrodes (LDGEs) from China.
SMU’s Mill Order Index (MOI) accelerated in August for a fourth consecutive month, reaching its strongest reading in nearly five years.
Tk accelis announced the launch of a new B2B steel buying and selling marketplace called steelbuy USA.
Farming equipment manufacturer John Deere announced it will call back more than 375 employees to work across its Quad Cities factory operations.