The steel price decline is beginning to slow. Europe’s steel industry is being hit hard by the ongoing energy crisis. Many steel mills have either had to curb production or halt operations altogether.
Stainless Steel Market Faces Year-End Off-Season, Low Spot Prices Fail to Boost Demand] SMM November 7 - SS futures showed a downward pullback. Although SHFE nickel performed strongly yesterday due to ...
The steel industry hit a speed bump after a bumper 2021 as steel prices cooled off after catapulting to all-time highs last year. The pullback is partly due to the improved supply-side situation ...
U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%. This spike is largely attributed to the Trump administration's imposition of ...
U.S. steel prices hit a bottom at the beginning of December, then began to climb. Hot rolled coil prices rose over 8% from their December low. Meanwhile, plate prices traded down for the first time ...
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports. By Peter Eavis American steel makers ...
LONDON/SEOUL/SINGAPORE, June 2 (Reuters) - U.S. prices of steel and aluminium spiked on Monday while shares of foreign steelmakers slumped after U.S. President Donald ...
Even though North American Steel prices have moved higher over the last several months, supply is increasing and the growth outlook this year remains weak. Cliffs remains one of the highest cost and ...
SS Futures Stop Falling and Rebound, but Stainless Steel Spot Prices Fail to Follow Due to Weak Confidence] SMM November 6 - SS futures showed signs of stopping falling and rebounding. In the morning, ...
Nucor's use of electric arc furnaces (EAFs) and recycled steel positions it as a leader in sustainable, cost-effective steel production, ensuring long-term profitability. Metallurgical coal companies ...