Rijuta Dey Bera

Nov 7, 2024 | fastmarkets.com | Kirstyn Petras |Chris Kavanagh |Dan Hilliard |Rijuta Dey Bera

American Iron and Steel Institute president and chief executive officer Kevin Dempsey said in the Wednesday November 6 statement that steel took center-stage during the election — and it should remain in the limelight throughout President Trump’s second term. “Steel has been front and center during the presidential campaign and we are confident the concerns of our industry and its workers will receive priority attention by the incoming Trump administration,” he said.

Oct 3, 2024 | fastmarkets.com | Alesha Alkaff |Dan Hilliard |Rijuta Dey Bera

Here are three big signs to come for the decarbonization of steel:Expect low-carbon steel to be front and center in the construction arena, as developers look for cleaner options. The Climate Group and Ramboll said during the event that 50% of buyers in a recent poll would be willing to pay more for low-carbon steel. The US government plans to get involved in green steel in a big way.

Aug 13, 2024 | fastmarkets.com | Rijuta Dey Bera

Apr 5, 2023 | fastmarkets.com | Rijuta Dey Bera

April’s first week began with the domestic flat-rolled sheet producer setting a minimum base price for hot rolled steel at $1,300 per net ton ($65 per hundredweight), which marks the 10th HRC price increase — totaling $660 per ton — since November 28, 2022.

Mar 13, 2023 | fastmarkets.com | Rijuta Dey Bera

FGM’s acquisition of metal roofing and wall systems manufacturer Fabral on February 27 is part of this strategy, and the Scottsdale, Arizona-based service center has set up a third pillar in its business for this purpose, Flack told Fastmarkets on Friday March 3. “There are several reasons we bought Fabral,” Flack said.