The 77% anti-dumping duty imposed by the Canadian government on Chinese steel ends on August 8....
North America
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....
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...
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...
The United States imposed a ban on the import and sale of equipment from Huawei, ZTE and a number of other Chinese companies
...
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 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...
The US will prioritize budgetary purchases of steel and metal products with a low carbon footprint
New actions under the federal Buy Clean initiative were announced by Secretary of Transportation Pete Buttigieg, US General Services Administration...
Financial giant Goldman Sachs begins massive layoffs
Goldman Sachs typically cuts between 1% and 5% of its underperforming employees each year, but cuts in 2022 are likely to be well above the right...
Deere invests billions in self-driving tractors
The American company announced that it intends to enter the market of software for agricultural machinery to make its work more efficient....
US chip makers caught in crossfire of sanctions
Nvidia and AMD will lose millions of dollars in lost profits as a result of increased tensions between the United States and China and as a result of...
Ford will sharply increase car prices due to a doubling in the price of raw materials for batteries
The Ford Mustang Mach-E was so popular that the automaker had to close orders for the 2022 model back in April, citing an inability to meet further...
Electric vehicle manufacturers switch from aluminum to steel for bodywork
Electric vehicle manufacturers are choosing steel over aluminum as the metal of choice for car bodies, said a top executive at the largest U.S....
US Department of Energy predicts 4,000% growth in demand for lithium and graphite
The US Department of Energy says it has a comprehensive strategy to increase domestic feedstock production and manufacturing capacity, which will...
Evraz decided to get rid of its assets in the US and Canada
In order to sell American assets, Evraz, whose majority stake is owned by billionaires Roman Abramovich, Alexander Abramov and Alexander Frolov, will...
