Category: Steel
Get the latest steel industry news including export data, price trends, and global market shifts.
Recycled Steel Prices Rise Amid Winter Weather Disruptions in the U.S.
Recycled steel prices in the United States saw a notable increase in January, with prices rising by $20 per ton or more…
Biden Administration Delays Enforcement of Nippon Steel-U.S. Steel Deal Block
The Biden administration has granted a delay in enforcing its order blocking Nippon Steel Corp.’s $14.9 billion acquisition…
Biden Blocks U.S. Steel-Nippon Steel Acquisition, Sparking Legal and Union Reactions
President Joe Biden has officially rejected the acquisition of U.S. Steel by Japan’s Nippon Steel, putting an end to a deal that had…
Lapham-Hickey Steel Expands with Acquisition of Alkar Steel and Processing
Lapham-Hickey Steel has made a significant move to bolster its slitting and steel processing operations by acquiring…
Steel Solutions Expands with Acquisition of Colvin Steel: A Strategic Move in the Steel Industry
Steel Solutions acquires Colvin Steel’s assets, enhancing steel fabrication and erecting services. Leadership transitions…
Nippon Steel Delays US Steel Acquisition Amid Regulatory Reviews
Nippon Steel’s U.S. Steel acquisition delayed to 2025. Discover the regulatory hurdles and national security concerns impacting…
The Role and Importance of Master Distributors in the Metals Supply Chain
Discover how master distributors enhance metals supply chain efficiency. Learn about their roles in inventory management,…
Global Steel Production Experiences Decline in November 2024
Global steel production declined in November 2024, with major producers like China and Russia reducing output. Year-to-date trends show…
Fitch Ratings Predicts Steel Growth and Challenges in 2025
Fitch Ratings forecasts moderate steel demand growth in North America and Europe for 2025, while India’s market…
BlueScope, BHP, and Rio Tinto Launch Electric Smelting Furnace Pilot in Australia to Decarbonize Steel Production
BlueScope, BHP, and Rio Tinto select Kwinana for a pilot plant testing DRI-ESF technology. The project aims to…
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