Japan's biggest steelmaker, Nippon Steel Corp. (5401.T), opens new tab, has hired former U.S. Secretary of State Mike Pompeo to help with its effort to acquire U.S. Steel (X.N), opens new tab, the Japanese company…
Global stainless steel production rose by 5.5% in January-March 2024 compared to the same period in 2023, reaching 14.58 million tons, according to the World Stainless Association.
Top U.S. steelmakers are expected to post a decline in second-quarter earnings and could face additional pressure from a further retreat in steel prices heading into a slow summer season, according to analysts.
Cleveland-Cliffs (CLF.N), opens new tab will buy Canadian steelmaker Stelco Holdings (STLC.TO), opens new tab for C$3.85 billion ($2.8 billion), it said on Monday, marking its first acquisition since a failed bid for rival U.S.…
The United States on Wednesday unveiled stricter rules on steel and aluminum imports in coordination with Mexico as part of an effort to prevent Chinese-made goods from circumventing tariffs.
Scrap prices during the first week of July 2024 rose slightly in most regions or remained stable. Most market participants predict the immutability of prices in the short term, since there are no factors for…
A major Southeast Asian stainless steel manufacturer has announced price increases. The Japanese economy is on course for growth. And the LME suspends two nickel brands from Finnish producer Norilsk Nickel Harjavalta Oy.
Mining trade groups plan to push Washington to revive and expand the long-dormant Bureau of Mines, an effort aimed at streamlining how the U.S. government regulates and supports critical minerals production and timed to coincide…
Italian gas grid operator Snam (SRG.MI), opens new tab, steel pipe maker Tenaris (TENR.MI), opens new tab and green technology firm Tenova are trialling the use of hydrogen fuel at a Tenaris steel plant in…
EU stainless steel prices continue to rise in July 2024, driven in particular by scarce availability. And the German Ministry of Defence orders ammunition, trucks and tanks for more than 14 billion euros.
Turkey initiated anti-dumping investigation against cold-rolled stainless steel imports from China and Indonesia on 28 June 2024. And raw material prices in the first half of 2024 have risen in many cases.
Tata Steel workers in Britain have suspended a planned all-out strike and overtime ban after the company agreed to negotiations about future investment, the Unite trade union said on Monday.