Market Segment
April 4, 2025
Written by Stephanie Ritenbaugh
Nucor Corp. announced that Chad Utermark, executive vice president of new markets and innovation, plans to retire effective June 7.
Utermark started with the Charlotte, N.C.-based steelmaker in 1992 as a utility operator at Nucor Steel Arkansas.
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).