Search results for: “US steel demand”
Malaysia Launches 2.5M-Ton HBI Plant in Sabah, Boosting Southeast Asia’s Green Steel Ambitions
Malaysia launches 2.5M-ton HBI plant in Sabah, marking a major step in green steel production.
Trump’s 50% Steel Tariffs Reshape Global Steel Trade
Trump’s 50% steel tariff sparks global market disruption, triggering price shifts, trade tensions, and economic uncertainty.
UK Stainless Steel Industry Support ‘Long Overdue,’ MEPS Debate Reveals
UK stainless steelmakers call for urgent energy cost relief and tighter trade measures amid market pressures.
Aluminum Extrusions Weather Construction Lull While Solar and Automotive Demand Rises
Aluminum extrusions slow in construction but gain momentum in solar and automotive sectors amid tariffs and U.S. investment.
Price War in Electric Vehicle Sector Hurts Chinese Steelmakers
Competition in the EV sector is squeezing steelmakers, with price cuts and delayed payments affecting profitability.
Nucor Increases Rebar Prices by $60 per Ton Amid Stable Demand
Nucor raises rebar prices by $60 per ton in response to stable demand and rising costs, following moves by other steel…
Thyssenkrupp Launches New Continuous Casting Machine to Boost Steel Production Efficiency
Thyssenkrupp starts trial run of new continuous casting machine SGA 4, enhancing steel slab quality and production efficiency…
Nucor Raises Hot Rolled Coil Prices After 10-Week Pause
Nucor raises hot rolled coil prices by 2.3%, ending a 10-week decline amid mixed US steel market signals.
EU Car Production to Decline by 2.6% in 2025, Pressuring Steel Demand
EU car production will fall 2.6% in 2025, deepening steel demand woes amid tariffs, weak confidence, and EV uncertainty.
Overcapacity Risks a ‘Race to the Bottom’ on Steel Prices
Global steel overcapacity keeps prices under pressure, outpacing production cuts, tariffs, and defense measures.
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