News / Events

U.S. court upholds Trump’s national security tariffs on steel imports

The U.S. Court of International Trade upheld former President Donald Trump’s “Section 232” U.S. national security tariffs on steel imports on Thursday, denying a steel importer’s challenge to the duties….

Nucor, Liberty Steel increase US wire rod prices by $110/st

Nucor intends to hike wire rod transaction prices in the US effective with new orders Jan. 13, the company said in a letter to customers. The steelmaker announced an increase…

Double E Pipeline gets US FERC nod to begin work on most of 135-mile route

US regulators have given the go-ahead for work to begin on almost all of the route of the 135-mile Double E Pipeline that would link growing natural gas production areas in…

S Korea 2020 ferrous scrap import volumes lowest in more than 25 years

Refinery closures in Asia-Pacific are likely to offset a wave of new supply streams into the region. The pandemic accelerated a wave of refinery closures, with several regional refiners forced…

ArcelorMittal continues price rally

ArcelorMittal has raised hot-rolled coil prices by Eur50/mt to Eur650/mt EXW Ruhr on the spot market with immediate effect, sources told S&P Global Platts December 4th. The move is the…

USSC (NYSE: X) announce closing of $63.4 million of Environmental Improvement Revenue Bonds

United States Steel Corporation (NYSE: X) today announced the closing of $63.4 million of Environmental Improvement Revenue Bonds with a green bond designation. The company will use proceeds from the…

US sheet prices surge up ahead of the holiday

US sheet prices appear to be moving up organically ahead of the Thanksgiving holiday, with some market sources predicting a break above $800/short ton by the end of the year. …