Open / Close Advertisement

Economy & Markets

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

Latest News

SDI Reports Profitable Q4, Begins Commissioning of Aluminum Plant

23 January 2025 - Steel Dynamics Inc. (SDI) posted a fourth-quarter profit of US$1.36 per diluted share and said it expects to see healthy demand in the year ahead. 

Hyundai Steel Sales to Outside Automakers Tops 20% 

21 January 2025 - Hyundai Steel has reached a new sales milestone, selling more than 1 million metric tons of automotive sheet in 2024 to foreign automakers other than affiliates Hyundai and Kia, reports The Korea Economic Daily.

ArcelorMittal South Africa Halts Long Steel Operations, Shifts Focus to Flat Steel Future

06 January 2025 - ArcelorMittal South Africa is winding down its long steel business, citing unsustainable operational challenges, weak market conditions, and rising costs, the steelmaker has announced.

SDI Guides to Lower Q4 Earnings

17 December 2024 - Steel Dynamics Inc. (SDI) expects to see its fourth-quarter profits fall partly on account of lower average prices for its mills and an unplanned outage at its Butler, Ind., USA, facility.