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Economy & Markets
The latest on the economy's health and the markets driving the supply and demand of steel.
Latest News
ArcelorMittal Announces Wire Drawing Mill Closure
12 June 2025 - ArcelorMittal Long Products Canada announced Wednesday it will be closing its wire drawing mill in Hamilton, Ont., Canada.
OECD Forecasts Sluggish Steel Demand Growth
29 May 2025 - Global steel demand is projected to rise 0.7% annually over the next five years, driven by consumption in the ASEAN countries and the Middle East and North Africa regions, according to a new projection from the Organisation for Economic Co-operation and Development.
thyssenkrupp Advances Strategic Transformation
29 May 2025 - Looking to the future, thyssenkrupp AG will become a holding company with majority ownership interests in stand-alone business units, the company has said.
Sensing a Changing Wind, Gerdau Cancels Mexican SBQ Project
04 May 2025 - Gerdau has dropped plans to build a 600,000-metric-ton special bar quality mill in Mexico, saying that the project is too risky because of anticipated shifts in the automotive supply market.
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