Steel Industry and Ferrous Markets Posted Slow Recovery

The survey cited early signs of economic recovery in the country.

U.S. raw steel production is on a downward spiral as the coronavirus pandemic has led to a slump in demand for steel across…

AISI announced that in the week ending on April 4, 2020, domestic raw steel production was 1,534,000 net tons while the…

The firm says the overall impact of the current situation on operations and financials yet to be assessed, management is…

China Steel Corp. said it would raise domestic steel prices next quarter at an average rate of 1.9 percent, due to increasing…

Also, cold rolled sheet shipment volumes reported 2% month-on-month decline.

Steel futures in China slipped on Tuesday, after four straight sessions of gains, as cloudy demand prospects and concerns…

The U.S. has imported 19.675 million net tons of finished steel through November last year.

The Pittsburgh-based steelmaker expects full year 2019 adjusted EBITDA at around $682 million.

The current week production totaled 1.888 million net tons at a capability utilization rate of 81.6%.