Broad economic weakness will crimp demand even more than it already has. Inventory levels are set to snap back from several quarters' worth of below-average levels. Investors may want to wait until ...
Company’s results anticipated by investors, with SDI stock rising by more than $2 per share on day earnings are announced. SDI, including its OmniSource scrap recycling business unit, netted a record ...
Global steel production increased slightly to 140.7 million metric tons during December 2022, up 1.1% from the total reported for November but also closing out 2022 with the first annual decrease in ...
Statistics gathered by the Brussels-based World Steel Association (Worldsteel) show 8 of the 10 largest steelmaking countries reduced their output in 2022, with India and Iran being the exceptions.
Raw steels started the year with a huge bang, rising over 12% between January and February. Supply chain pinches and geopolitical events made the steel market highly volatile in 2022. China's COVID ...
KYIV, Jan 10 (Reuters) - Ukraine's steel production fell by 70.7% in 2022 to 6.26 million tonnes because of Russia's invasion and the destruction of leading steel plants, the steel producers union ...