This morning in metals news, contract talks between United Steelworkers and U.S. Steel have been “frustrating,” China’s scrap usage increased during the first six months of the year and Thyssenkrupp’s CEO says the firm will forge on with plans to merge its European operations with those of Tata Steel Need buying strategies for steel? Request […]
Tag: U.S. Steel
This Morning in Metals: USW, U.S. Steel Continue Contract Talks
This morning in metals news, the United Steelworkers union is reportedly not happy with U.S. Steel’s latest contract proposal, Vice President Mike Pence touts a steel resurgence in Michigan and South Korean firms seek an exemption from the E.U. steel safeguards. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Union […]
This Morning in Metals: U.S. Weekly Steel Capacity Up to Highest Level Since 2014
This morning in metals news, the U.S. steel industry posted its highest weekly capacity utilization ratio since 2014, U.S. Steel workers hope to see a windfall from rising steel prices and Canada is holding firm in NAFTA talks. Buying Aluminum in 2018? Download MetalMiner’s free annual price outlook Steel Capacity Utilization Rises The U.S.’s steel […]
This Morning in Metals: U.S. Steel Announces $750M Investment in Gary Plant
This morning in metals, U.S. Steel announced a large investment at its flagship steel plant, the U.S. and China will resume talks on trade, and copper is set to finish the week with its biggest weekly loss since early July. U.S. Steel Announces $750M Investment U.S. Steel announced it plans to invest $750 million in […]
This Morning in Metals: U.S. Steel Reports Q2 Earnings
This morning in metals news, U.S. Steel reported its Q2 earnings, Century Aluminum also posted its Q2 earnings and China is preparing $60 billion in retaliatory tariffs against the U.S. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook U.S. Steel Posts Strong Q2, But Stock Drops U.S. Steel reported better-than-expected Q2 […]
This Morning in Metals: German Authorities Slap €205M in Fines on Steel Companies, Others
This morning in metals news, German steel companies are being hit with fines over price rigging, worker contract negotiations are underway at U.S. Steel and the U.S. Senate approved a symbolic measure that served to express frustration over the Legislature’s current lack of say in the process of imposing Section 232 tariffs. Need buying strategies […]
This Morning in Metals: U.S.’s Steel Shipments Fall in April
This morning in metals news, U.S. steel shipments in April were down from the previous month but are up for the year to date, U.S. Steel announces it plans to add more than 800 jobs this year and Tata Steel workers in Europe are questioning the company’s planned joint venture with German steelmaker Thyssenkrupp. Need buying strategies […]
This Morning in Metals: Chinese Steel Exporters Pursue New Buyers
This morning in metals news, Chinese steel exporters are looking for new destinations for their products, U.S. Steel is planning on restarting another Illinois blast furnace and steel production is up 1.9% in the year to date. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook Looking For Buyers On the heels […]
This Morning in Metals: Steels Mills Shut Down in China’s Xuzhou
This morning in metals, steel mills in China’s second-biggest steelmaking province are shutting down, U.S. Steel reports its Q1 financials and Ecuadorian officials are engaging in talks to potentially bring a copper refinery to the country. Chinese Mills Shut Down in Pollution-Curbing Measure Several steel mills in the Chinese city of Xuzhou have been shut […]
This Morning in Metals: Brewers Association Expresses Concern Over Tariffs
This morning in metals news, the Brewers Association issued a statement expressing qualms about the Trump administration’s steel and aluminum tariffs, one analyst says U.S. Steel might actually be worse off after the tariffs, and copper miners are looking to the Mongolian dunes. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook […]
