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.
The bank lowered its Q4 U.S. hot rolled coil benchmark forecast to $850/st from $880/st, but raised its estimate for 2026 to ...
(The Center Square) − Construction material prices ticked up again in August, with iron and steel leading the way, climbing 9.2% over the past year, according to new federal data analyzed by ...
U.S. stainless steel mills have managed to implement significant price increases, driven by factors like increased tariffs, even as overall demand remains weak and the manufacturing sector contracts.
President Donald Trump announced on Friday that he will raise tariffs on steel imported into the United States from 25% to 50%, aiming to further protect American steelworkers. Speaking at a U.S.
The Zacks Steel Producers industry is buffeted by significant challenges as steel prices have experienced a sharp decline in the United States and globally. Soft demand in China amid an economic ...
Economic turmoil is causing inflation to keep rising at key ship recycling destinations, says cash buyer GMS. Global steel prices are ...
Cleveland-Cliffs Inc., a producer of steel and iron ore pellets, will reach "higher annual fixed prices for steel in the calendar year 2023," compared to this year, a news release said. The company ...