US

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Nucor expects financial results to deteriorate in Q3

Weak prices for steel products continue to put pressure on the company's performance

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Cleveland-Cliffs to acquire Canadian Stelco for $2.5 billion

The deal is expected to close in the fourth quarter of this year

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US steelmakers support introduction of carbon bill to Congress

The Prove It Act could pave the way for a carbon import tax in the future

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US reduced imports of pig iron from Ukraine by 19% y/y in January-April

The share of Ukrainian products in the total amount of iron imports by US steelmakers is more than 20%

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US increased rolled steel imports by 6.6% m/m in May

The total import of steel for the month increased by 1.7% m/m

Nucor cuts weekly HC coil prices to lowest since April

The company reported a reduction in HRC prices to $680 per short ton

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JSW Steel invests $110 million to modernize its US plant

The company plans to use new technologies and state-of-the-art equipment

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Nucor cuts weekly hot rolled coil prices by $60/t

The decline in prices is a consequence of the slowdown in demand

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US extends suspension of duties on Ukrainian steel for another year

The decision includes the suspension of tariffs on steel products from Ukraine that undergo further processing in the EU

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Cleveland-Cliffs is in talks to buy NLMK’s US plants – Bloomberg

NLMK's assets in the United States may be valued at more than $500 million upon potential sale

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US, Europe and China to dominate hydrogen supply – BloombergNEF

Projects in three markets will account for 80% of production

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Cleveland-Cliffs announces new emissions reduction targets

The company's previous commitments were fulfilled significantly ahead of schedule

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