The steel price decline is beginning to slow. Europe’s steel industry is being hit hard by the ongoing energy crisis. Many steel mills have either had to curb production or halt operations altogether.
The Construction MMI fell by 5.04% due to sliding steel prices, although there was a slight rebound in H-beam steel and steel rebar prices within the first two weeks of June. Ongoing wildfires in ...
Manufacturers are facing the highest steel and aluminum prices in years, another hurdle for U.S. companies already struggling to make enough cars, cans and other products. Rapidly increasing metal ...
Stelco has had a good run over the past few years but this is due to the tailwind from high steel prices. When steel prices decline, Stelco's performance will likely decline. Stelco serves the steel ...
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports. By Peter Eavis American steel makers ...