13 Nov 2017 -
Rising shipments and increased and sales, along with a companywide effort to reduce costs, lifted Gerdau SA’s third-quarter profits by 53%, the company reported.
10 Nov 2017 -
The world’s largest steelmaker saw its third-quarter profits rise 75% on higher sales and shipments, ArcleorMittal reported on Friday.
09 Nov 2017 -
China’s scrap reservoir could more than double over the next eight years and enable a rise in electric arc furnace steelmaking – and drive a reduction in iron ore, coal and coke demand, according to Joseph Poveromo, president of Raw Materials & Ironmaking Global Consulting.
20 Oct 2017 -
Nucor Corp. saw its third-quarter profits reduced by 12% as import pressures prevented it from recovering rising raw material costs, the steelmaker said Thursday .
20 Oct 2017 -
Iron ore miner Cleveland-Cliffs Inc. posted a profitable third quarter on better demand and prices.
19 Oct 2017 -
Third-quarter profits at Steel Dynamics Inc. slipped 2.5% on costs associated with debt refinancing and competition from imports, which limited price increases, the company announced Thursday.
16 Oct 2017 -
Global steel demand is projected to reach 1.62 billion tons this year and grow 1.6% in the following year, according to a new short-range forecast from the World Steel Association.
11 Oct 2017 -
The steel industry has about 330 million metric tons of capacity to spare, with more set to come on-line within the next two years, reports the Reuters news service.