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Economy & Markets

The latest headlines on the state of the economy and markets driving the supply and demand of steel.

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Outokumpu CEO Comments on EU Anti-Dumping, Progress in Calvert

27 Mar 2015 - Outokumpu held its Annual General Meeting in Espoo, Finland, on 26 March 2015. During the meeting Outokumpu CEO Mika Seitovirta presented the financial results of the company for the year 2014, the market environment and Outokumpu’s continued measures to reach sustainable profitability and financial stability.

Steel Executives Bring Trade and Jobs Focus to Capitol Hill

26 Mar 2015 - Chief executives from three of the leading steel companies in the U.S told members of the Congressional Steel Caucus on 26 March 2015 that the government needs to dramatically improve policies on trade, investment in the workforce and infrastructure to ensure competitiveness and preserve American jobs in steel and other manufacturing sectors.

CMC Says Imports, Strong Dollar, Excess Global Supply are Top Challenges

26 Mar 2015 - Commercial Metals Company (CMC) announced financial results for its second quarter ended 28 February 2015.

U. S. Steel to Consolidate Flat-Rolled Operations

25 Mar 2015 - United States Steel Corporation will consolidate its North American Flat-Rolled operations and temporarily idle its Granite City Works operations in Granite City, Ill.

Steel Industry Leaders to Testify Before U.S. Congress on Unfair Imports Crisis

25 Mar 2015 - The United Steelworkers Union (USW) will be joining steel company CEOs, and steel industry representatives on Capitol Hill, Thursday, 26 March 2015, 8:30am–10:00pm to testify at a Congressional Steel Caucus hearing on the "State of American Steel."

AK Steel Says Imports Negatively Impacting Shipments

20 Mar 2015 - AK Steel provided guidance for its first quarter 2015 financial results, saying it expects to report a net loss of US$0.23 to US$0.28 per diluted share of common stock for the first quarter of 2015.

Nucor Sees Q1 Operating Performance Falling in Challenging Market

19 Mar 2015 - Nucor Corporation announced guidance for its first quarter ending 4 April 2015.

SDI Predicts Stronger Second Half of the Year

18 Mar 2015 - Steel Dynamics Inc. provided first quarter 2015 earnings guidance.

Northwest Pipe Says Lower Oil Prices Will Impact Q1 Results

16 Mar 2015 - Northwest Pipe Company announced its financial results for the quarter and year ended 31 December 2014.

Platts China Steel Sentiment Index Rebounded in March

11 Mar 2015 - The outlook for China's steel market over the next month rebounded dramatically after the Chinese New Year holiday period on expectations of stronger domestic orders, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a headline reading of 72.2 out of a possible 100 points in March.

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