Steel News

Economy & Markets

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

Latest News

Alacero Forecasts Sees Steel Consumption on the Rise in 2017

27 Oct 2016 - Latin America’s steel consumption is expected to drop 6.5% this year, but is forecast to partially rebound in 2017 on growth in its major markets, according to the Latin American Steel Association.

Allegheny Technologies Moves to Permanently Shut Down Two Mills

27 Oct 2016 - Specialty metals producer Allegheny Technologies Inc. is permanently closing two idled mills in southwestern Pennsylvania, marking its exit from the grain-oriented electrical steel market and a step back from the commodity stainless market.

Canadian Legislators to Study Steel Dumping

24 Oct 2016 - A Canadian parliamentary committee is undertaking a study of the factors that are hindering the country’s steelmakers from competing internationally, including unfair trade.

Ferriola Confident Big River Won't Drain Nucor's Business

21 Oct 2016 - Nucor Corp. is prepared to battle start-up Big River Steel, and, in fact, believes it has the upper hand on its new competitor, Nucor chief executive John Ferriola said Thursday.

With Low Oil Prices, U.S. Mills Lose Relative Energy Advantage

04 Oct 2016 - Not only have falling oil prices lowered the demand for steel pipe and tube, they’ve dulled a cost advantage U.S. steel producers had over their counterparts elsewhere in the world, according to an industry consultant.

Steel Construction Expected to Soften in 2017

04 Oct 2016 - There are many adjectives that will adequately describe the state of the steel construction markets in 2017, and none of them are particularly good, at least as the American Institute of Steel Construction sees it.

Analyst: Expect Tighter Competition in U.S. Sheet Market

04 Oct 2016 - Supply-side competition in the U.S. sheet market is likely to stiffen in the year ahead as new players enter the market and others become more aggressive, according to one analysts.

Chinese Steel Production Proving Difficult to Curb

27 Sep 2016 - If China really intends to cut its excess steelmaking capacity, then the effort is off to a lousy start, reports the Bloomberg news service.

Steel Dynamics Forecasts Rising Q3 Profits

20 Sep 2016 - U.S.-based Steel Dynamics Inc. said it expects to double its third-quarter per-share profit due to a widening gap between average steel prices and scrap costs.

Nucor Forecasts Rising Third-Quarter Earnings

15 Sep 2016 - Nucor Corp. said it expects to report third-quarter net earnings of between US$0.85 and US$0.90 per diluted share partly on account of improved profitability at its sheet mills and lessening pressure from imported products.

News - 1 to 10 of 18

Skip to page number

View Steel News Archives