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Steel News

U.S. Raw Steel Output Soared 4%
The U.S. domestic raw steel production in the week ended June 15, 2019 totaled 1.887…
June 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.
June 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…
June 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…
June 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…
June 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…
June 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…
June 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%…
June 13th 2019
European Commission Blocks Tata Steel-thyssenkrupp AG Merger
The merger transaction was initially notified to the Commission on 25th September, 2018.
June 12th 2019
Liberty Steel Expands U.S. Footprints Through Acquisition of Johnstown Wire Technologies
The acquisition will expand Liberty Steel’s U.S. presence and help the company to further consolidate…
June 11th 2019