News

It’s been a down year for one of the commodities that props up a lot of the construction and manufacturing that goes on in this economy: steel. Prices for the metal have fallen about 40% since ...
President Donald Trump announced on Friday that he will raise tariffs on steel imported into the United States from 25% to 50%, aiming to further protect American steelworkers. Speaking at a U.S.
United States Steel (X) shares soared 5.1% in the last trading session to close at $54.85. The move was backed by solid volume with far more shares changing hands than in a normal session. This ...
The impact of President Donald Trump’s tariffs will soon be felt by many. As of June 4, U.S. tariffs on steel and aluminum ...
Compared with last year’s third quarter, Armco Steel and Youngstown ... jury investigation into price fixing. “We’re puzzled, irked, hurt and mad,” groaned one executive.
“Metal price performance this year will largely be dictated by sentiment ... tensions and a wait for stimulus from mainland China, one that would actually materialise in physical demand to ...
One might expect tariffs on imported metal would just raise the prices ... s stocked up on aluminum and has a low price fixed for the rest of the year. But her supplier told her that next time ...
Cocking his head to one side and narrowing ... may mean a saving of $1,200,000 a year in raw material costs, excluding any additional savings if the price of steel comes down.
However, on a year-on-year (Y-o-Y) basis, prices of HRC ... duty-free supply of hot rolled coils (HRC) from April 1. For Indian steel, the duty-free quota for HR sheets will be reduced by 25 ...
Domestic steel prices have dropped to a three-year low on account of increased imports ... imports during the April-June quarter surged by 68% to 1.93 million tonnes (MT) from 1.15 MT in the ...