28 Jul 2016 -
Indian steelmakers are pressing the government to retain the import price floor it imposed on 173 steel products earlier this year, arguing that it has helped hold back a flood of low-cost steel and improved margins.
22 Jul 2016 -
POSCO recorded an operating profit of US$597.7 million between April and June, falling short of analysts’ expectations, according to the Reuters news service.
21 Jul 2016 -
Nucor executives are upbeat about the company’s US$29 million investment in a Texas plate mill, saying it is a well-run, well-equipped facility that will give Nucor access to new value-added niche markets.
21 Jul 2016 -
Nucor Corp.’s second-quarter profit rose to US$233.8 million on and improving supply-side conditions, the company reported Thursday.
20 Jul 2016 -
A new government report estimates that the U.S. vehicle fleet will average between 50 and 52.6 mpg in model year 2025, short of the goal laid out by the Obama administration in 2012. Nevertheless, automakers have made strides in improving fuel efficiency and can do even better.
15 Jul 2016 -
Chinese steel mills produced crude steel at a rate of 2.32 million metric tons per day in June, making the month the busiest ever -- on a daily basis -- for the country’s steelmakers, reports the Bloomberg news service.
14 Jul 2016 -
Chinese officials reaffirmed the country's intentions to cut coal and steel production on Thursday as the American Iron & Steel Institute urged the U.S. government to vigorously enforce its trade laws.
11 Jul 2016 -
Oil country tubular goods maker Tenaris is laying off approximately 100 people at its welded pipe mill in Arkansas, the company has announced.
08 Jul 2016 -
China is telling its provincial governments that they’ll be “seriously punished” if they don’t close redundant steel mills and coal mines, according to the Bloomberg news service.
05 Jul 2016 -
The uncertainty arising from the U.K.’s Brexit vote is prompting Tata Steel to pause the sale of its Port Talbot works, reports The (London) Sunday Times.