Sheet and plate prices continued to move higher on market dynamics that have carried headlines for much of the second half of the year: scarce spot tons, long lead times, production delays, lean ...
Ferrous scrap prices appear to be up in October as trading gets underway, according to preliminary reports from market sources. One source said a Detroit-area buyer purchased shredded and plate and ...
Domestic raw steel output declined last week, after seeing continued swings over the past several weeks, according to the latest American Iron and Steel Institute (AISI) figures. Over the past five ...
The Canadian government has reportedly given Cleveland-Cliffs Inc. five days to respond to a letter from Canadian Industry Minister Mélanie Joly about the Stelco layoffs or face legal action. Laura ...
SMU’s latest Flat-Rolled Steel Survey points to largely stable demand. Still, foreign steel orders have softened since the previous survey, and service centers continue to report stronger activity ...
SSAB Americas aims to increase base plate prices by at least $60 per short ton (st), according to a letter sent to customers on Monday. The steelmaker said the increase would apply to all new spot ...
Iron ore shipments from US ports on the Great Lakes slipped in September from a year earlier, according to the Lake Carriers Association (LCA). US-flag shipments fell 1.2% year over year to 4.6 ...
Startup steelmaker Hertha Metals has secured $133.65 million in its Series A round of funding, including a $65 million equity investment from the US government. The Conroe, Texas-based company said ...
Welspun Tubular LLC, the US subsidiary of Mumbai-based Welspun Corp., has received an order to supply $412.5 million of high-frequency induction welded (HFIW) steel pipe. The order marks the largest ...
U.S. Steel on Wednesday proposed a new, five-year labor contract to the United Steelworkers (USW) union – one that would run from Sept. 1, 2026, to Sept. 1, 2031, but the USW called the offer a ...
Canadian Prime Minister Mark Carney has threatened legal action against Cleveland-Cliffs over the layoffs announced earlier this week at its Stelco mill in Hamilton, Ontario. Laura Miller is a ...
Steel trade groups applauded the US Trade Representative’s (USTR’s) unveiling of “The Milwaukee Framework” to fight global excess steel capacity. USTR Jamieson Greer on Wednesday chaired the ...