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Tata Steel Rejects Plea to Keep Port Talbot Blast Furnace

Tata Steel Rejects Plea to Keep Port Talbot Blast Furnace

First Minister Vaughan Gething and Energy and Economy Secretary Jeremy Miles said in a joint statement the Welsh government would continue to argue for a "fairer transition" for workers.
Tata Steel Ending Union Talks over 2,800 Jobs

Tata Steel Ending Union Talks over 2,800 Jobs

Tata is radically transforming its south Wales operations to deal with financial losses and to reduce its carbon emissions.
worldsteel: Top Ten Steel Producers in March 2024

worldsteel: Top Ten Steel Producers in March 2024

Among the top ten steel producing nations, South Korea recorded highest dip in steel output during the month, falling significantly by 9.50% year-on-year.
AISI: U.S. Steel Imports Surged in March

AISI: U.S. Steel Imports Surged in March

The finished steel import market share was estimated at 23% in March and at 22% over the initial quarterof the year.
worldsteel: World Crude Steel Output Dropped in March

worldsteel: World Crude Steel Output Dropped in March

The African region recorded modest year-on-year rise in output by 1.1%.
Steel Dynamics Announced First Quarter 2024 Results

Steel Dynamics Announced First Quarter 2024 Results

Meantime, the company’s steel fabrication operations posted historically strong operating income of $178 million during the first quarter 2024.
Arkansas Steel Plant Set for Expansion

Arkansas Steel Plant Set for Expansion

Along with the expansion, Zekelman said it would provide $250,000 to Arkansas Northeastern College to support area students in the steel industry and aviation maintenance degree programs.
U.S. Raw Steel Output Dropped Week-on-Week: AISI

U.S. Raw Steel Output Dropped Week-on-Week: AISI

Also, the weekly crude steel production recorded marginal decline by 0.6% when compared with the previous week.
Nucor Corp. Announced Dip in Earnings in Q1 2024

Nucor Corp. Announced Dip in Earnings in Q1 2024

Nucor reported surge in steel mills segment earnings during the first quarter of the year.
Two Florida Steel Traders Sentenced for Money Laundering and Russia Sanctions Violations

Two Florida Steel Traders Sentenced for Money Laundering and Russia Sanctions Violations

Karpushkin pleaded guilty to conspiring to commit international money laundering and was ordered to forfeit $4.7 million.
U.S. Senators Call For Investigation into U.S. Steel Takeover Deal

U.S. Senators Call For Investigation into U.S. Steel Takeover Deal

Senator Moore Capito too has been highlighting the need to keep invaluable domestic resources out of control of foreign entities.
Fresh Round of Federal Funding to Cut Carbon Emissions Across the Entire Steel Supply Chain

Fresh Round of Federal Funding to Cut Carbon Emissions Across the Entire Steel Supply Chain

Also, approximately 70% of those emissions are caused by ironmaking processes alone.
Carbon Capture will Not Play Major Role in Steel Decarbonisation

Carbon Capture will Not Play Major Role in Steel Decarbonisation

Carbon capture has been divisive, with many industry figures saying it is too expensive to be viable.
AISI Applauded Biden’s Call to Triple Tariffs on Chinese Steel

AISI Applauded Biden’s Call to Triple Tariffs on Chinese Steel

However, a corresponding jump in exports to the U.S. was not seen during the one-year period.

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