Global steel producer ArcelorMittal is considering the construction of a second electric arc furnace at its plant in Calvert (Alabama, USA). This was announced by the group’s Executive Vice-President and Chief Financial Officer, Genuino Cristino, during a conference on the company’s financial results, according to Steel Market Update.
More Steel News
The global hot-rolled coil market remained stable in July against a backdrop of a seasonal lull
United States   July 21,2026 05:00 AM
The global hot-rolled coil market showed mixed trends in July 2026. In the US, prices rose steadily due to limited spot…
Nucor Bar Mill Group is raising prices for bar steel by $30/t
United States   July 20,2026 06:00 AM
Nucor Bar Mill Group, a division of the US steel producer Nucor, has announced a price increase for construction-grade long…
Ansteel is raising its prices for hot-rolled coils by $7/t for August sales
United States   July 17,2026 04:00 AM
Angang Steel (Ansteel), a subsidiary of Ansteel Iron & Steel Group, China’s second-largest steel producer, is raising its…
Gold falls 2% as escalating Middle East tensions reinforce US rate-hike bets
United States   July 16,2026 06:00 AM
Gold fell 2% to a more than two-week low on Thursday, as escalating Middle East tensions pushed oil prices and U.S. Treasury…
So you want to build your own metals smelter? Andy Home
United States   July 15,2026 06:00 AM
The global race to secure critical minerals has opened up a world of opportunity for developing countries with the good…
The American Chamber of Commerce calls for a measured review of rail tariffs
United States   July 14,2026 06:00 AM
The American Chamber of Commerce in Ukraine has called on the government not to approve the draft order from the Ministry…
Baosteel is raising prices for hot-rolled steel for August sales
United States   July 13,2026 05:00 AM
Baoshan Iron & Steel (Baosteel), a subsidiary of the world’s leading steel producer China Baowu Steel Group, has raised…
Demand for steel in India rose by 8.3% y/y in Q1 of FY2026/2027
United States   July 09,2026 06:00 AM
During the first quarter of the 2026/2027 financial year (FY2026), India’s steel industry demonstrated steady growth. According…
Prices for billets on regional markets fell by $5–15 per tonne in June
United States   July 08,2026 06:00 AM
In most regional markets for square billets, prices fell by 5–15 dollars per tonne in June. The Gulf states were an exception,…
Cleveland-Cliffs is to supply the Pentagon with $400 million worth of electrical steel
United States   July 07,2026 06:00 AM
The American steelmaker Cleveland-Cliffs Steel Corp. has signed a major deal with the US Department of Defence (Department…
CUSTOMER SERVICE
Customer Support: support@scrapprices.com
Sales Department: info@scrapprices.com
By Phone: 1-954-688-3088
  • © Scrap Monster Inc. 2026. All rights reserved.