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【SMM Rebar Daily Review: End-Users Still Have Restocking Demand Before the Holiday, Construction Steel Prices May Have Upward Momentum Next Week】This week, rebar prices rose and then stabilized. The ...
said on Thursday it will temporarily shut down one of its three domestic steel reinforcement bar (rebar) plants due to lower demand. The rebar plant in Incheon, just west of Seoul, will be ...
The planned suspension marks the first such move by the largest steelmaker in South Korea at its flagship manufacturing facility -- the country’s largest rebar plant -- since its founding. Hyundai ...
“Apart from rebar, the Philippines imports 90 percent of its steel, often from high carbon dioxide (CO2) sources such as China. We aim to replace these imports with locally produced green steel ...
The United Steelworkers said an activist investor wants to sell United States Steel Corp.’s state-of-the-art mills to fund sweeping upgrades of union-run facilities that date back to the days of ...
DEARBORN, MI – A Midwest steel manufacturer is slated to temporarily idle some operations in Metro Detroit after confirming layoff notices to 600 employees Tuesday. Cleveland-Cliffs, Inc., an ...
Hyundai Steel is advancing sustainable steel production in the US ( Image credit: Unsplash) The US$5.8bn electric arc furnace steel mill will serve as Hyundai Steel's first overseas production base, ...
Structural steel and rebar: Steel trading prices have fallen with weakening demand. Global steel production was down 0.8% in 2024, although the World Steel Association expects to see a broad-based ...
On common rebar steel vs. chrome-vanadium alloy steel for drill bits? And what about inflation? A $12 per ton tariff in 1967 effectively would fallen to only $4 a ton adjusted for inflation in 1982.
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While Nucor expects to earn less than half of what it did the prior quarter, U.S. Steel anticipates losing money this quarter. “We expect earnings in the steel mills segment in the first quarter of ...