Nucor Corp. raised prices on its steel-sheet products by $40 a ton, effective immediately, as rising demand gives the steelmaker room to pass on rising raw-material costs to customers. Similarly, ...
The US construction industry is anticipating price increases for essential materials like steel due to newly imposed tariffs on imports, particularly from China. While there are concerns about ...
The steel industry has navigated 2025 with a combination of price volatility, changing trade policies and uneven end-market demand. Steel prices have swung widely through the year as a slowdown in top ...
UAW strike reaches an agreement with the Big Three automakers after seven weeks, promising substantial pay and benefit increases. The strike led to over $9.3 billion in losses for the auto industry, ...
Cleveland-Cliffs (NYSE:CLF) has reportedly agreed to sell steel to certain U.S. automakers for a fixed price over the next three years, briefly driving up the share price of the steel producer.
U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%. This spike is largely attributed to the Trump administration's imposition of ...