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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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Steel Industry Could See Uptick in Mergers

13 Jun 2019 - Senior steel executives remain optimistic about their prospects for near-term growth and are looking to mergers and acquisitions as a key driver of that growth, according to an annual survey from corporate finance and strategic advisory firm Headwall Partners.

Citing Softening Demand, ArcelorMittal Furloughs Italian Workers

06 Jun 2019 - ArcelorMittal Italia is temporarily laying off approximately 1,400 workers amid weakening demand and heightened competition from imported steel, the company has announced.

China Iron & Steel Association Urges ‘Rational’ Output

04 Jun 2019 - The China Iron and Steel Association is calling for restraint as mills produce at record levels amid concerns over slowing demand, the Reuters news service reports.

ArcelorMittal Announces New Production Cuts

29 May 2019 - The world’s largest steelmaker on Wednesday announced new production curtailments in Europe, citing weak demand and competition from imports. 

EUROFER: Imports, Soft Demand Forecast Pressure European Steelmakers

08 May 2019 - EU steelmakers are being squeezed as a safeguard measure has been ineffective in stopping a wave of imported steel deflected from the U.S. market, reports the European Steel Association. 

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