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Jane Street Global sues LME for $15.3 million for cancelling nickel trades
08,2022 08:00 AM
U.S.-based Jane Street Global Trading has sued the London Metal Exchange for $15.3 million following the cancellation of nickel trades in March - the second such legal claim it has faced this week.
Steel News
U.S. Swaps Tariffs for Quotas on U.K. Steel Imports
Japan Q1 aluminium premium falls 20% to $177/T -sources
Nucor Acquires Majority Ownership of California Steel Industries
Nippon Steel in talks to buy steel mill in Southeast Asia - executive
Britain, U.S., India, China, EU aim to boost near-zero emission steel output - UK statement
US Steel Output Spikes 20% YTD on Higher Capacity, Solid Demand
More Steel News
US Steel Output Spikes 20% YTD on Higher Capacity, Solid Demand
United States September 10,2021 09:00 AM
U.S. raw steel production edged down on a weekly comparison basis for the week ending Sep 4 as lower production across Southern…
Steel Exports From India to Jump by More Than a Third on Prices
United States September 10,2021 08:00 AM
India’s steel mills are forecast to boost exports by more than a third this year as global prices soar and major producers…
China's Baosteel, Aramco ink pact on Saudi steel plate factory
United States September 08,2021 08:00 AM
Baoshan Iron & Steel Co Ltd (Baosteel), China’s biggest listed steelmaker, said on Wednesday it had signed an initial…
Steel production up nearly 20% this year
United States August 27,2021 12:00 PM
Great Lakes steel production dipped by 2,000 tons last week, though U.S. steel mills remained at 85% capacity utilization,…
Europe’s Record-Setting Steel Rally May Finally Be Ending
United States August 27,2021 09:00 AM
The rally in European steel prices to eye-watering levels may finally be running out of steam.
Steel capacity utilization ticks back up to 85.0%
United States August 24,2021 12:00 PM
U.S. steel capacity utilization picked back up to 85.0% for the week ending Aug. 21, the American Iron and Steel Institute…
China steel futures dip as demand concerns outweigh output cuts
United States July 28,2021 08:00 AM
Shanghai steel futures fell for a second straight session on Wednesday as concerns over slowing Chinese demand for the construction…
Steel sector may be saddled with up to $70 billion stranded assets - report
United States June 29,2021 10:00 AM
The global steel industry may have to write down up to $70 billion in assets in the coming years because it is still building…
Global steel output in May rises 16.5% yr/yr - WorldSteel
United States June 22,2021 10:00 AM
Global crude steel production rose 16.5% to 174.4 million tonnes in May from a year earlier, World Steel Association data…
China March crude steel output leaps on rosy profits, defying environmental curbs
United States April 16,2021 10:00 AM
China’s crude steel output jumped 19% in March from the same month a year earlier, official data showed on Friday, as…
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