Steel Industry News | Latest Developments, Trends, and Insights
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The world’s largest steel industry is going through a ... - CNBC
WEBAug 21, 2024 · The Chinese steel industry is caught "between a rock and a hard place" as steel makers' margins are getting increasingly squeezed by weak demand, Bank of America executive said.
News - American Iron and Steel Institute
WEBJul 25, 2024 · The steel and aluminum industries are waging a new materials war that could determine which of the long-time competitors dominates EV structures in the next design cycle. Feeling the heat from new aluminum applications, steel companies are aggressively moving to defend their reign as the material of choice in vehicle body structures.
Steel Industry Leaders in US Have High Hopes for Revival in 2025
WEBAug 31, 2024 · The US steel industry has been dominated this year by Nippon Steel Corp.’s proposed takeover of United States Steel Corp., the country’s largest producer.
US Steel’s shareholders just voted to end more than a century of ...
WEBApr 12, 2024 · US Steel shareholders Friday overwhelmingly approved a deal for the iconic American manufacturer to be purchased by Japan’s Nippon Steel. But the outlook for the controversial merger has never...
Global steel demand to return to growth in 2024, says World Steel
WEBApr 9, 2024 · Global steel demand is expected to rise by 1.7% to 1.793 billion metric tons in 2024 and to increase further in 2025, the World Steel Association said on Tuesday.
Why Nippon Steel’s $15 Billion Takeover of U.S. Steel Is in Peril
WEBAug. 26, 2024. When U.S. Steel put itself up for sale in 2023, executives at Nippon Steel in Tokyo saw an opportunity: Buying the American steel maker could help it offset anemic demand in...
All Steel News - American Iron and Steel Institute
WEBFeb 8, 2023 · Cleveland-Cliffs highlights the men and women at the Burns Harbor steel mill. August 30, 2021. AISI serves as the voice of the American steel industry in the public policy arena and advances the case for steel in the …
AISI President and CEO Quoted in Fastmarkets - American Iron and Steel …
WEB1 day ago · Harris and Trump are both cognizant of the critical role of the steel industry in the US’ national security, infrastructure and energy industry, Kevin Dempsey, president and chief executive officer of the American Iron and Steel Institute (AISI), told Fastmarkets in an interview on Thursday September 12. Read the full article here.
Chinese overcapacity is crushing the global steel industry
WEB3 days ago · E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year—is obscured by the fact that most of it stays in the country ...
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