STEEL MARKET U.S. Steel announces up 1,545 layoffs at Michigan steel mill According to the Associated Press, 1,545 jobs will be cut at Great Lakes Works as the U.S. Steel Corporation plans to idle work at the plants. December 23, 2019 No Comments According to the Associated Press, 1,545 jobs will be cut at Great Lakes Works as the U.S. Steel Corporation plans to idle work at the plants.Read More
HONORS AK Steel named in Newsweek's America’s Most Responsible Companies List December 19, 2019 No Comments “AK Steel is pleased and honored to be named to Newsweek’s 2020 list of America’s Most Responsible Companies,” says AK Steel Chief Executive Officer Roger Newport. Read More
TARIFF TALK Can President Trump really change steel import restrictions on Argentina and Brazil? It's complicated His announcement on Monday raises many questions and was rightfully met with confusion. Paul Nathanson December 4, 2019 No Comments On Monday, President Trump announced plans to restore tariffs on all steel and aluminum imports from Brazil and Argentina. The announcement caught everyone by surprise raises many questions. Read More
STEEL REPORTS Monthly average import levels from Brazil and Argentina Chris Billman December 4, 2019 No Comments On Monday, President Trump announced plans to restore tariffs on all steel and aluminum imports from Brazil and Argentina.Read More
BREAKING NEWS Cleveland Cliffs to acquire AK Steel in an all-stock deal valued at $1.1 billion The deal represents a 16 percent premium to yesterday's closing price of $2.89 for AKS. Chris Billman December 3, 2019 No Comments The deal represents a 16 percent premium to yesterday's closing price of $2.89 for AKS.Read More
TARIFF TALK Trump plans steel tariffs on imports from Brazil and Argentina In tweets posted Dec. 2, 2019, President Trump tariffs will begin on steel and aluminum imported from the two countries. Emell Derra Adolphus December 3, 2019 No Comments In tweets posted Dec. 2, 2019, President Trump announced that he will restore tariffs on steel and aluminum imported from the two countries. Read More
REPORT The 2020 sheet metal industry forecast you need to read Emell Derra Adolphus December 2, 2019 No Comments What you need to know to make smarter business decisions next year in the sheet metal industry. A report by Clear Seas Research. Read More
STEEL MARKET China makes move to spur economic development in steel industry Chris Billman November 20, 2019 No Comments For the first time since October 2015, China lowered interest rates on short-term loans.Read More
STEEL MARKET After four weeks of increases, domestic steel market is down again Emell Derra Adolphus November 19, 2019 No Comments A new report from Majestic Steel sees the domestic steel production market decrease after four consecutive weeks of increases.Read More
GREEN METAL United States Steel Corporation pledges to reduce greenhouse gas emissions by 20 percent Emell Derra Adolphus November 14, 2019 No Comments United States Steel Corporation plans to reduce greenhouse gas emissions by 20 percent across its operations.Read More