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Strikes at major US auto plants are over. Losses exceeded $7 billion

The US auto industry is hoping for a return to business as usual after workers at the country's Big Three automakers agreed to new labor contracts....

Today Elon Musk will again try to launch the SpaceX Starship into Earth orbit

SpaceX Starship is preparing for a second test flight, seven months after it exploded during the last test launch of an interplanetary spacecraft....

US steel mills raised minimum prices for cold-rolled steel

Less than a month after the September price increase in the United States, the minimum prices for cold-rolled steel are again being revised - now at...

EU-US steel and aluminum talks: $10 billion deadlock

Failure of the parties to reach an agreement by October 31 will mean that $10 billion in export tariffs between the EU and the US will automatically...

For the first time in history, workers from three automobile corporations went on strike in the United States.

Ford, GM and Stellantis are facing unprecedented union attacks. Steelmakers are being forced to cut production, and US Steel has had to shut down the...

European stainless steel makers move to US amid falling EU profits

As a result of recent events in the markets of Europe and the US, the difference in prices for stainless steel exceeded $1,350 per ton in favor of...

Lakshmi Mittal plans to acquire one of the largest steel producers in the US

Management of the world's second largest steelmaker, ArcelorMittal, is discussing a potential offer with investment bankers, Reuters sources said....

Tesla launches Cybertruck stainless steel pickup two years behind schedule

Nearly four years after Elon Musk first unveiled Tesla's debut pickup truck, the automaker built its first Cybertruck in a stainless steel body...

Canada reopens anti-dumping investigation into hot-rolled steel shipments from China

The 77% anti-dumping duty imposed by the Canadian government on Chinese steel ends on August 8....

ArcelorMittal Canada starts supplying XCarb carbon-free steel to General Motors

ArcelorMittal North America begins supplying US automaker General Motors (GM) with mild steel from its Canadian plant....

The largest US producers simultaneously increased prices for hot-rolled steel

ArcelorMittal steel mill in Alabama, integrated electric arc furnace steelmaker Nucor, and US Steel, the largest steel supplier in the United States,...

US steel market expects further price cuts despite stable demand - S&P

Prices for flat-rolled steel in the US will fall, according to three-quarters of market participants surveyed by S&P Global Commodity Insights....

Elon Musk to launch prototype Starship interplanetary spacecraft

Sea and air closures suggested that SpaceX hoped to launch Starship as early as Monday. However, the plan is to conduct a test run in which the...

Canada introduces a total ban on imports of Russian aluminum and steel

Thus, against the backdrop of the situation around Ukraine, Ottawa limits the flow of revenues to the Russian budget. The agency clarified that the...

U.S. Steel Growth: Nucor Raises HRC Flat Prices to $1,150/t

U.S. Electric Arc Furnace (EAF) steel maker Nucor has increased flat steel prices by $150/tonne, setting a floor price for hot-rolled coil (HRC) at...

The United States will increase duties on more than 100 types of metals, minerals and chemicals from Russia

The United States will increase duties on more than a hundred types of Russian metals, minerals and chemicals, the Joe Biden administration announced...

SSAB Americas raises flat steel prices

An American sheet steel producer has decided to triple its prices since the start of this month....

Electric vehicles will play a key role in US aluminum production growth - Norsk Hydro

Norwegian company Hydro is currently building a 120,000 tpa aluminum extrusion plant in Cassopolis, Michigan, which could be operational by the end...

ArcelorMittal invests $120m in US green steel company

On Friday, Massachusetts-based Boston Metal announced a $120 million investment from the world's second-largest steelmaker, ArcelorMittal. Another...

The United States refused to comply with the decision of the WTO on tariffs on steel and aluminum

Five members of the WTO — China, Norway, Switzerland, Turkey and Hong Kong — called it "insulting" the United States' decision to appeal...

Nucor Rolls First Steel Sheet at New Kentucky Steel Plant

Nucor Steel Brandenburg in Brandenburg, Kentucky, is currently the only steel mill in the United States and one of the few in the world capable of...

The US continued to reduce steel imports in December year-on-year

According to the US Department of Commerce, 1.98 million tons of steel import permits were issued in December 2022, down 24% from December 2021....

Prices for hot-rolled coil in the US are rising despite the lack of demand before the holidays

U.S. hot rolled coil (HRC) spot prices rose this week as mills continued to raise prices even as the market slowed down ahead of the Christmas...

U.S. tariffs on steel and aluminum imports violate international trade rules - WTO

The World Trade Organization Commission has determined that US tariffs on steel and aluminum are inconsistent with international trade obligations...

Ukraine and the United States announced cooperation in the field of small modular nuclear reactors

Special Representative of the President for Climate Issues John Kerry and Minister of Energy of Ukraine German Galushchenko agreed on cooperation in...

US and EU agree to speed up steel talks

Another meeting of the US-European Trade and Technology Council is scheduled to be held in the United States before the end of the year....

US imposes new restrictions on high-tech exports to China

The US authorities on Friday imposed new restrictions on the supply of advanced chips and semiconductor manufacturing equipment to China to prevent...

US coal prices top $200

Coal remains the main fuel for US power plants...

US hydrogen prices to drop to zero dollars per kg in 5 to 6 years: Platts

U.S. green hydrogen production costs will fall below $0/kg by the end of the decade, driven by the Biden administration's subsidies and soft lending...

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