Steel News


Economy & Markets

The latest headlines on the state of the economy and markets driving the supply and demand of steel.

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Ryerson's Shipments Fall in Third Quarter

21 Nov 2014 - Ryerson Holding Corporation, a leading distributor and processor of metals, reported results for the third quarter of 2014.

Platts China Steel Sentiment Index Falls to Record Low

19 Nov 2014 - Chinese steel market participants expect steel demand to weaken further this year, with the outlook for new export orders dropping dramatically, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of 25.61 out of a possible 100 points in November 2014.

Lower Demand for Steel Reduces Gerdau's Performance in Q3

17 Nov 2014 - Gerdau closed the third quarter of 2014 with a shipment volume of 4.6 million metric tons of steel, which is 4.5% lower compared to the same period last year.

Ternium: Steel Demand in U.S. & Mexico Remains Healthy

11 Nov 2014 - Ternium S.A. announced its results for the third quarter and first nine months ended 30 September 2014.

Konecranes Makes Apprenticeship Rally Cry

11 Nov 2014 - Leading lifting equipment specialist, Konecranes, is aiming to make its voice heard when it comes to promoting the need for continued advancements in apprenticeship provision in the UK.

voestalpine’s Earnings Jump in First Half of Business Year

05 Nov 2014 - As it reported its earnings results, voestalpine said signs of a stabilizing or strengthening economy have faded, at least for Europe.

EUROFER Predicts Modest Strengthening Steel Demand in 2015 Despite Weakened Sentiment

05 Nov 2014 - Economic growth in the EU remained soft so far this year, with particularly a disappointing performance of the Euro area in the second quarter, EUROFER said in its Q3 market report. Exports were the key driver of growth rather than domestic demand.

AK Steel's Third Quarter Performance Exceeded Expectations

04 Nov 2014 - As it reported its third quarter results, AK Steel commented on its recent acquisition of Severstal Dearborn, as well as the expected impact of a fourth quarter blast furnace outage.

Northwest Pipe Sees Pressure from Line Pipe Imports

04 Nov 2014 - Northwest Pipe Co. announced its financial results for the quarter ended 30 September 2014.

Universal Stainless Has Positive Outlook for Its End Markets

31 Oct 2014 - Universal Stainless & Alloy Products Inc. provided a short term outlook as it posted solid third quarter results.

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