01 Jul 2020 - United States Steel Corporation plans to restart an idled blast furnace on account of rising demand, reports The Times newspaper of northwest Indiana.
20 Jun 2020 - Steel producers throughout the world generally should see demand pick back up in 2021, but it could take at least two years for it to return to pre-pandemic levels, according to a World Steel Association (worldsteel) economic forecast.
19 Jun 2020 - Steel Dynamics Inc. (SDI) expects to report second-quarter earnings in the range of 29 cents to 33 cents per share, but is looking for business to improve as steel-consuming businesses resume operations.
18 Jun 2020 - Nucor Corp. is forecasting second-quarter earnings of 10 cents to 15 cents per diluted share, a better-than-expected result that is supported in part by non-residential construction demand, the company said Thursday.
17 Jun 2020 - United States Steel Corporation expects to report a second-quarter loss, but said it believes the quarter will mark the bottom of this year’s COVID-19 downturn.
15 Jun 2020 - Through the first five months of 2020, China’s steel production is on pace to cross the 1-billion-metric-ton threshold this year, reports commodities news and pricing service Argus Media.
09 Jun 2020 - Iron ore miner and steelmaker Cleveland-Cliffs Inc. is resuming construction of its hot briquetted iron (HBI) plant in Ohio and moving up plans to restart an idled iron ore mine in Michigan.
08 Jun 2020 - Europe’s leading steelmakers are calling on the European Commission to lower the limit on the amount of steel that can be imported tariff-free into the bloc, saying that a potential flood of inexpensive steel threatens an already imperiled industry.
04 Jun 2020 - Global steel demand is expected to contract 6.4% this year but might begin to rebound next year, according to a World Steel Association forecast.
03 Jun 2020 - ArcelorMittal remained the world’s biggest steel producer in 2019, but China Baowu Group closed in on the top ranking during the year, according to a new report from the World Steel Association.