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Metal & Steel News
U.S. Steel to Idle Three Blast Furnaces
It expects the adjusted EBITDA during the quarter to be approximately $250 million.
Steel NewsJune 19th 2019
U.S. Raw Steel Output Soared 4%
The U.S. domestic raw steel production in the week ended June 15, 2019 totaled 1.887…
Steel NewsJune 18th 2019
Nucor Announces Muted Q2 Guidance for Steel Mills Segment
It foresees reduced performance from steel mills segment in the second quarter of 2019.
Steel NewsJune 18th 2019
New BIS Certification Norm- A Severe Hurt to Secondary Steelmakers
The new notification is likely to impact secondary steel producers who rely on induction furnace…
Steel NewsJune 18th 2019
SDI Foresees Reduced Earnings from Metal Recycling Platform
The company expects earnings for the quarter to range between $0.86 and $0.90 per diluted…
Steel NewsJune 18th 2019
CMC Makes Big Boost to Recycled Steel Rebar Capacity at Mesa, Arizona Facility
The facility upgrades have resulted in creation of around 60 new jobs, thus making the…
Steel NewsJune 17th 2019
EU Safeguard Measures Failed to Offset Impacts of Steel Import Tariffs
The regional industry is badly impacted by cooling demand and rising supply. The safeguard measures…
Steel NewsJune 14th 2019
UK Aluminum Can Recycling Rate Touched Record High in 2018
The overall aluminum packaging rate has witnessed steady rise from 41% in 2010 to 52%…
AluminumJune 14th 2019
India Seeks Stricter Rules to Rein In Imports of Defective and Sub-Standard Steel
Various industries have their own quality control guidelines for steel products to determine whether they…
Steel NewsJune 13th 2019
AISI Provides Latest Weekly Update on U.S. Raw Steel Output
The weekly production totaled 1.875 million net tons at a capacity utilization rate of 80.6%…
Steel NewsJune 13th 2019
Novelis Reaches Strategic Logistics Agreement with MRS Logistica
The better access to the ports of Santos in Sao Paulo and Itaguaí, in Rio…
AluminumJune 12th 2019
European Commission Blocks Tata Steel-thyssenkrupp AG Merger
The merger transaction was initially notified to the Commission on 25th September, 2018.
Steel NewsJune 12th 2019
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