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.
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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…
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…
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…
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,…
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.
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…
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…
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…
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…
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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