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Economy & Markets

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

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BlueScope Mulls Potential Expansion of U.S. Sheet Mill

13 Aug 2018 - BlueScope Steel Ltd. is weighing a major expansion of its Ohio hot-rolled sheet mill, one that could lift its steelmaking capacity by as much as 43%. 

Cleveland-Cliffs Expects Heavier Iron Ore Pellet Sales

23 Jul 2018 - Iron ore miner Cleveland-Cliffs Inc. has revised up its full-year sales forecast, saying that it now expects to sell 21 million long tons’ worth of pellets on account of healthy demand.

Revised CAFE Standards Probably Won't Hurt Demand for Auto Steel

25 Jun 2018 - The Trump administration’s proposal to roll back the 2025 vehicle fuel economy standards likely won’t have a significant impact on the market for lightweight automotive steels, according to a Nucor Corp. official.

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