U.S. steel prices, including hot rolled coil, have fallen to their lowest levels since February despite earlier tariff-driven gains. Weak construction demand, short mill lead times, and volatile ...
U.S. stainless steel mills have managed to implement significant price increases, driven by factors like increased tariffs, even as overall demand remains weak and the manufacturing sector contracts.
If you have ever wondered whether Steel Dynamics is trading for less than it is actually worth, you are in the right place. Let’s break down what the numbers and latest trends really mean for ...
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports. By Peter Eavis American steel makers ...
Two major domestic producers — Steel Dynamics and Cleveland-Cliffs — substantially raised the price per ton they charge customers in the second quarter, according to The New York Times. All told, ...
BlueScope Steel reported a 90% drop in annual net profit on lower steel prices and a write-down against its U.S. coated-products business. The Australia-based steelmaker kept its dividend steady, ...
THE OTHER IS AUGUST 13TH AT LOCUST GROVE. A BRAND NEW WAY TO BUILD AFFORDABLE HOUSING HAS ENTERED THE METRO. WLKY’S MEGAN MATTHEWS TOOK A TOUR OF THE NEWLY FINISHED HOUSE AND SHARES WHY STEEL MAY BE ...
Green steel helps deliver both. It’s still steel, the beams, frames, and reinforcements builders use every day, but it is made with clean electricity or hydrogen instead of coal. That switch shrinks ...
European stainless steel producer Aperam reported weaker than expected core earnings for the third quarter on Friday, weighed down by lower volumes and growing price pressure on its home continent.
UBS downgraded Steel Dynamics Inc to Neutral from Buy, saying the stock’s 22% rally since August has left limited upside despite steady fundamentals and strong cash generation potential. The brokerage ...
President Trump is doubling down on steel and aluminum tariffs. Starting today, the tax on imported metals is set to jump to 50%, twice what it was yesterday. The president announced the latest trade ...
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Germany's Merz calls steel summit to find solutions for ailing sector
German Chancellor Friedrich Merz is set to host representatives of the country's steel industry next week, in a bid to boost domestic manufacturers under pressure from new US tariffs, Chinese ...
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