The World Steel Association (worldsteel) today released an update of the Short Range Outlook (SRO) for 2024 and 2025. worldsteel forecasts that this year global steel demand will drop further by 0.9% to 1,751 Mt.
The all-cash offer delivers significant value for investors and provides job security, growth and opportunity for employees, communities and other stakeholders.
Latin America's steel bar market surges alongside a massive infrastructure boom. Public & private investments, coupled with a focus on domestic, efficient steel production, fuel growth in this key construction material.
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 3rd Diversity, Equity, and Inclusion (DE&I) Report, providing a holistic update on the company’s progress, highlighting DE&I milestones reached over the past year,…
Nucor Corporation (NYSE: NUE) announced today that it is introducing a weekly Nucor Consumer Spot Price (CSP) to provide its customers with consistent and transparent communications regarding the Company's hot-rolled coil spot pricing. Nucor will…
Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices by $60 per net ton for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all…
ArcelorMittal, the world’s leading steel and mining company, today announces that Kleber Silva is nominated Executive Vice President of ArcelorMittal and appointed as Chief Executive Officer of ArcelorMittal Mining, effective 08 April 2024.
Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company’s board of directors declared a first quarter cash dividend of $0.46 per common share, or 8% increase over the company’s 2023 quarterly rate.
Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders.
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has upsized and priced $825 million aggregate principal amount of senior unsecured guaranteed notes due 2032 (the “Notes”) in an offering that is exempt from the registration…
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced a strategic investment in Pittsburgh-based Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems that are in demand by warehouses worldwide.