Category: U.S. Steel

This Morning in Metals: Tata Steel Plans to Cut Jobs in Europe

This morning in metals news, Tata Steel is making job cuts across its European operations, U.S. Steel announced it plans to reduce its greenhouse gas emissions by 20% by 2030 and copper ticked up again Monday. Job Cuts Coming to Tata Steel’s European Operations Steelmaker Tata Steel will cut jobs throughout its European operations, Reuters…

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This morning in metals news, Tata Steel is making job cuts across its European operations, U.S. Steel announced it plans to reduce its greenhouse gas emissions by 20% by 2030 and copper ticked up again Monday. Job Cuts Coming to Tata Steel’s European Operations Steelmaker Tata Steel will cut jobs throughout its European operations, Reuters...

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This Morning in Metals: China Renews Call for Removal of Tariffs

This morning in metals news, China again emphasized its desire for a removal of tariffs toward the goal of an initial trade deal with the U.S., U.S. Steel has laid off more workers and a Taiwanese firm is planning to invest $100 million in a new Turkis…

This morning in metals news, China again emphasized its desire for a removal of tariffs toward the goal of an initial trade deal with the U.S., U.S. Steel has laid off more workers and a Taiwanese firm is planning to invest $100 million in a new Turkish steel factory. Keep up to date on everything...

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This Morning in Metals: U.S. Steel Import Market Share Hits 17% in October

This morning in metals news, U.S. steel import permit applications surged in October, U.S. Steel has laid off workers at its Granite City operation and Port Hedland iron ore shipments to China dropped in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center….

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This morning in metals news, U.S. steel import permit applications surged in October, U.S. Steel has laid off workers at its Granite City operation and Port Hedland iron ore shipments to China dropped in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center....

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This Morning in Metals: U.S. Steel Capacity Utilization Rate Hits 80.5%

This morning in metals news, the U.S.’s steel capacity utilization rate is 80.3% for the year through Nov. 9, up to 40 layoffs are coming at U.S. Steel’s Minnesota taconite operations and a South African steel plant operated by ArcelorMittal is being shut down. Need buying strategies for steel? Request your two-month free trial of…

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This morning in metals news, the U.S.’s steel capacity utilization rate is 80.3% for the year through Nov. 9, up to 40 layoffs are coming at U.S. Steel’s Minnesota taconite operations and a South African steel plant operated by ArcelorMittal is being shut down. Need buying strategies for steel? Request your two-month free trial of...

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Amid Plunging U.S. Steel Prices, Has ‘Steelmageddon’ Arrived?

Judging by the plunging share price of steel producers and the collapse in steel prices from $1,006 per ton just over two years ago to $557 now, it would seem that Steelmageddon — the term famously coined by Bank of America Merrill Lynch — is upon us. Keep up to date on everything going on…

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Judging by the plunging share price of steel producers and the collapse in steel prices from $1,006 per ton just over two years ago to $557 now, it would seem that Steelmageddon — the term famously coined by Bank of America Merrill Lynch — is upon us. Keep up to date on everything going on...

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This Morning in Metals: UAW, Ford Reach Tentative Agreement on Labor Deal

This morning in metals news, the United Auto Workers (UAW) union has a tentative labor deal with Ford, the U.S. Office of Inspector General says the Section 232 tariff exclusion process needs more transparency and U.S. Steel officially completed the ac…

This morning in metals news, the United Auto Workers (UAW) union has a tentative labor deal with Ford, the U.S. Office of Inspector General says the Section 232 tariff exclusion process needs more transparency and U.S. Steel officially completed the acquisition of a 49.9% ownership stake in Big River Steel. Keep up to date on...

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This Morning in Metals: China Wants Removal of Tariffs for Final Trade Deal

This morning in metals news, China wants the U.S. to remove tariffs before a final trade deal can be reached, U.S. Steel announced it would offer $300 million in senior convertible notes and Alcoa released its third-quarter financial results. Keep up t…

This morning in metals news, China wants the U.S. to remove tariffs before a final trade deal can be reached, U.S. Steel announced it would offer $300 million in senior convertible notes and Alcoa released its third-quarter financial results. Keep up to date on everything going on in the world of trade and tariffs via...

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This Morning in Metals: U.S. Steel Announces New CFO, Corporate Model

This morning in metals news, it was a busy week for U.S. Steel, copper hit a two-week high and miner Rio Tinto signed its first portside iron ore contract in Chinese currency. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Steel Looks…

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This morning in metals news, it was a busy week for U.S. Steel, copper hit a two-week high and miner Rio Tinto signed its first portside iron ore contract in Chinese currency. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Steel Looks...

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This Morning in Metals: U.S. Steel Announces Joint Venture Partnership with Big River Steel

This morning in metals news, U.S. Steel announced a new joint venture with Big River Steel, the E.U.-U.S. fight over aircraft subsidies continues and Chile’s copper output increased in August. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Steel to Purchase 49.9%…

The post This Morning in Metals: U.S. Steel Announces Joint Venture Partnership with Big River Steel appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

This morning in metals news, U.S. Steel announced a new joint venture with Big River Steel, the E.U.-U.S. fight over aircraft subsidies continues and Chile’s copper output increased in August. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Steel to Purchase 49.9%...

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Earnings Suffer as U.S. Steel Companies Face Falling Steel Prices

Earnings guidance recently released by U.S. steel companies have a common denominator: the impact of falling steel prices. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Last year, upon the Trump administration’s implementation of Section 232 steel tariffs, domestic steel prices surged. However, since mid-2018, steel…

The post Earnings Suffer as U.S. Steel Companies Face Falling Steel Prices appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Earnings guidance recently released by U.S. steel companies have a common denominator: the impact of falling steel prices. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Last year, upon the Trump administration’s implementation of Section 232 steel tariffs, domestic steel prices surged. However, since mid-2018, steel...

The post Earnings Suffer as U.S. Steel Companies Face Falling Steel Prices appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.