The US and European Union are expected to sign a political agreement that puts a hold on a part of the Global Arrangement on Sustainable Steel and Aluminum (GSA) regarding the decarbonization of steel and aluminum making, according to an article in The Financial Times.
US raw steel production dropped for the week ending Oct. 7, according to data released by the American Iron and Steel Institute (AISI) on Monday, Oct. 9.
H2 Green Steel is in talks with Canada to potentially build a new green steel project in Quebec.
Nucor was joined by Kentucky Gov. Andy Beshear for the steelmaker’s “grand opening” of its $1.7-billion Brandenburg plate manufacturing mill in the state.
A slowdown in US steel imports has yet to be seen, as total import licenses in September were about even with August’s import levels.
Some of the movements in scrap and pig iron pricing over the past 18-24 months have been quite drastic.
Because of a series of problems encountered in Australia and the United States, Coronado and Arch have both reduced their coking coal output guidance. They also warned of higher costs. Coronado Global Resources now forecasts production between 16.2 Mt and 16.4 Mt this year, compared with a previous range of 16.8 Mt and 17.2 Mt. […]
Shipments from US steel mills ticked up in August vs. July and stayed level year over year, according to the latest monthly data from the American Iron and Steel Institute (AISI).
What has happened since the August hot rolled (HR) settlement ($767 per short ton)?
Steel Dynamics Inc. (SDI) has lost some production this month at its sheet mill in Columbus, Miss., on a combination of planned and unplanned outages, according to sources familiar with the matter.
U.S. Steel will take a 16-day planned outage beginning next week on the No. 6 blast furnace (BF) at its Gary Works in northwest Indiana.
Commercial Metals Company (CMC) has unveiled its new branding as "CMC," reflecting its growth beyond metals.
Construction spending in the US increased in August, according to the Associated General Contractors of America (AGC).
Algoma Steel Group has extended its iron ore purchase agreement with U.S. Steel for another two years.
U.S. Steel is laying off ~300 workers at its Granite City Works in Illinois, a company spokeswoman told SMU on Tuesday.
Cleveland-Cliffs has signed a non-disclosure agreement with U.S. Steel as the latter continues with its strategic review sales process.
US raw steel output took a downward turn during the week ending Sept. 30, according to data released by the American Iron and Steel Institute (AISI) on Monday, Oct. 2.
General Motors has announced layoffs at its Parma Metal Center in Ohio and Marion Metal Center in Indiana as a result of the ongoing United Auto Workers (UAW) strike.
Algoma Steel Inc. plans to ramp up production at its modernized plate mill toward the end of the year. Operations Update The Canadian sheet and plate producer said it in the meantime continues hot commissioning at the upgraded facility and has begun cold commissioning as well. The company said it has also run trials through […]
Electrode producer GrafTech International announced on Thursday, Sept. 28 that its president and CEO is stepping down.
Nucor Corp. will keep plate prices unchanged with the opening of its November order book.
The United Auto Workers (UAW) president Shawn Fain is scheduled to make an announcement on Facebook Live, according to the UAW International Union's Facebook page.
While lead times for sheet again had mixed movements this week, those for plate collapsed, according to SMU’s most recent market survey.
US President Joe Biden is set to meet European Commission President Ursula von der Leyen and European Council President Charles Michel on Oct. 20 in Washington ahead of a deadline for an agreement on steel, according to a report in Reuters.
Nucor has announced a collaboration with fusion power company Helion to develop a 500-megawatt nuclear fusion power plant.
Ford Motor Co. said on Monday that it has stopped work at its $3.5-billion project for an electric vehicle (EV) battery plant in Michigan, according to media reports.
The United Steelworkers International (USW) executive board on Tuesday appointed David McCall as the union’s new international president. He will fill the remainder of Tom Conway’s term.
Despite economic headwinds in the headlines, the near-term future could prove brighter than expected, according to members of the Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) speaking on the Tuesday, Sept. 26, meeting of its Sheet Metal/Air Handling Council.
Worthington Industries announced on Tuesday the names and branding for the two companies resulting from its planned separation, which could happen earlier than previously stated.
Tom Conway, international president of the United Steelworkers (USW) union since 2019, has died at age 71.