sanctions
Hyundai says it will make steel in the US
At a press event with President Donald Trump, the South Korean conglomerate says $21 billion in U.S. investments will include a new steel mill.
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Global steel output rises so far in 2024
Mill production, though down in the United States, has been rising in India, China, Brazil and Germany.
USTR eyes potential triangular metal trading in Mexico
Trade office does not mention specific countries that might be shipping steel and aluminum to the United States through Mexico.
In EU, carbon tax is poised to reward recycled-content metal
ING analysis says pending carbon border tax will render imported emissions-intensive primary aluminum and blast furnace-made steel less competitive.
Evraz declines to make April bond payment
Subsidiary of Russia-based steelmaker says it has missed an early April eurobond payment.
Nickel wolves remain at bay
Neither war in Europe, LME chaos nor EV battery growth has put nickel in a supply crunch this year, though stainless alloy recyclers prepare for more turmoil.
Evraz Colorado, Canada mills on the market
Russia-based steel producer is accepting offers for its facilities in North America.
Defining trends of the super cycle
Base metal prices have shown no signs of softening since late 2021. Here’s why.
Anxiety in the distance
Ferrous scrap processors and steelmakers might find themselves too busy this spring to devote large amounts of time to worrying about war in Europe, global trade sanctions and rising inflation rates.
Asian steel output remains tempered in 2022
China, Japan, South Korea all on pace to produce less steel than in 2021, according to Worldsteel.
RMDAS figures show March surge in ferrous prices
Major grades gain between $120 and $180 per ton in value and reach levels not seen since the “super cycle” peak of mid-2008.
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