The steel price decline is beginning to slow. Europe’s steel industry is being hit hard by the ongoing energy crisis. Many steel mills have either had to curb production or halt operations altogether.
The Raw Steels Monthly Metals Index (MMI) increased by 2.53% as U.S. steel prices found a bottom, leading to a significant uptick in Hot-Rolled Coil (HRC) steel prices. U.S. steel capacity utilization ...
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports. By Peter Eavis American steel makers ...
Even though North American Steel prices have moved higher over the last several months, supply is increasing and the growth outlook this year remains weak. Cliffs remains one of the highest cost and ...
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