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Economy & Markets

The latest on the economy's health and the markets driving the supply and demand of steel.

Latest News

Higher Steel Prices Boost Q2 Profits at Steel Dynamics

20 Jul 2017 - Steel Dynamics Inc. saw its second-quarter profits rise 8.5% on higher average prices for its steel. 

EUROFER Upbeat on Steel's Prospects for Remainder of Year

11 Jul 2017 - The European Union’s first-quarter apparent steel consumption rose 3.1% year-over-year and is expected to grow through the remainder of 2017, but U.S. steel trade policies could have “disastrous” consequences, according to EUROFER, the European Steel Association.

Nucor Anticipates Softer Second-Quarter Profits

15 Jun 2017 - Nucor Corp. said it expects its second-quarter earnings to fall short of its first-quarter results as competitive pressure mitigates profits.  

Hot Demand From Solar Industry Prompts ArcelorMittal to Boost Production of Its Magnelis Steel

09 Jun 2017 - ArcelorMittal has expanded its capacity to make its Magnelis line of coated steel, adapting a hot-dipped galvanizing line in Spain to produce the product, the steelmaker has announced. 

As Mills Close, China's Rebar Supply Tightens Up

05 Jun 2017 - The irony here is rich: China is experiencing a short-term shortage of rebar, according to the Bloomberg news service.

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