News

Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.
The union and local management were caught off-guard by the forthcoming idling of the south suburban mill in Riverdale that ...
Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...
SMM Rebar Production Schedule] The planned rebar production in May was 9.3153 million mt, an increase of 360,500 mt compared to the actual production in April, representing a growth rate of 4.03%; the ...
The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .
According to SMM survey of 50 EF steel mills that mainly produce construction steel, their operating rates was 40.94%, down 1.26 percentage points WoW, as of March 19.
British Steel plans to recruit more than 180 workers, just weeks after ministers rescued 2,700 jobs at the Scunthorpe-based ...
Steel group SSAB has secured €2.3 billion (US$2.6 billion) of green financing to build a fossil-free mini-mill in ...
The steel industry's journey toward carbon neutrality has gained momentum, with hydrogen-based and electric ironmaking ...
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
As the future of the Northwest Indiana hydrogen hub project hangs in the balance, U.S. Rep. Frank Mrvan, D-Highland, ...
Sen. Jim Banks and Rep. Frank Mrvan have sent a letter to the Department of Treasury, asking for the nation’s owned and ...