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Economy & Markets
The latest on the economy's health and the markets driving the supply and demand of steel.
Latest News
Ternium Mexico CEO Opens 6th Annual CONAC Conference and Exposition
25 March 2014 - The opening session of CONAC 2014 — 6th Steel Industry Conference and Exposition took place on Monday morning, 24 March, at Cintermex in Monterrey, N.L. Mexico. CONAC is sponsored by AIST’s Mexico Member Chapter.
U.S. Executives Bring Steel Industry Jobs Focus to Capitol Hill
25 March 2014 - On 25 March 2014, chief executives from a number of leading steel companies in the U.S. told members of the Congressional Steel Caucus that many government policies on trade, energy, environment and infrastructure need to be reformed to ensure U.S. industrial competitiveness and preserve American jobs in steel and other manufacturing sectors.
AK Steel's Operations Impacted by Winter Weather in First Quarter
25 March 2014 - AK Steel provided guidance for its first quarter 2014 financial results.
SDI Says First Quarter Earnings Negatively Impacted by Harsh Winter Weather
20 March 2014 - Steel Dynamics, Inc. provided first quarter 2014 earnings guidance in the range of US$0.13 to US$0.17 per diluted share.
Nucor Announces Guidance for First Quarter Earnings
19 March 2014 - Nucor Corp. announced guidance for its first quarter ending 5 April 2014, noting a major impact from severe weather conditions during the quarter.
IREPAS: Political Instability Casts Shadow Over Long Steel Market
07 March 2014 - The global long steel products market has been adversely affected by political developments in Ukraine and Turkey, and also by the prevailing market conditions, according to the latest short range outlook from IREPAS.
Reliance Steel Gives 2014 Outlook, Reports 2013 Results
21 February 2014 - Reliance Steel & Aluminum Co. reported its financial results for the fourth quarter and full year ended 31 December 2013.
Russel Metals’ Energy Products Segment to be Area of Focus in 2014
21 February 2014 - As it reported its fourth quarter and full year 2013 results, Russel Metals commented on both its energy products segment and its steel distributors segment.
Tata Steel's Positive Momentum Continues Even in Seasonally Weak Period
19 February 2014 - Tata Steel Group declared its consolidated financial results for the nine months and third quarter ended 31 December 2013.
EUROFER Urges EU industry Leaders to Re-Establish Favorable Business Environment
19 February 2014 - On 20–21 February 2014 the EU industry ministers will kick-off the political debate on EU industrial competitiveness in the run-up to the March 2014 European Council.
Cliffs Natural Resources Reviews 2013, Offers Outlook for 2014
18 February 2014 - In 2014, Cliffs expects accelerating economic growth in the United States to support domestic steel production and thus demand for steelmaking raw materials.
Essar Steel Algoma's Quarterly Shipments Affected by Severe Winter Weather
14 February 2014 - Essar Steel Algoma said severe winter weather has affected its shipments, but the company is encouraged by improving macroeconomic indicators for 2014.
Outokumpu Provides Update on Operations, Short Term Outlook
13 February 2014 - Outokumpu reported its performance results for 2013, including an outlook for the current quarter.
Tata Steel Reports Steady Performance Across Its Operations
13 February 2014 - As it reported its results for the nine-month period ended 31 December 2013, Tata Steel said positive earnings momentum continued even in a seasonally weak period.
IREPAS Provides Short Range Outlook for Long Products Markets
11 February 2014 - In its short range outlook for February 2014, IREPAS says difficulties in emerging markets are adversely impacting long steel business.
voestalpine Reports Solid Financial Results in Challenging Economy
11 February 2014 - The voestalpine Group reported its results for the nine months ended 31 December 2013 and also provided an update on its DRI project in Texas.
ArcelorMittal Sees Recovery in Underlying Steel Demand, Mild Restocking in Europe
10 February 2014 - ArcelorMittal announced results for its Flat Carbon Europe segment for the fourth quarter of 2013.
ArcelorMittal Cautiously Optimistic as it Reports 2013 Results
07 February 2014 - ArcelorMittal, the world’s largest integrated steel and mining company, announced results for the three and twelve-month periods ended 31 December 2013.
SSAB Announces Results of Challenging 2013
07 February 2014 - SSAB announced its fourth quarter and full year 2013 results, commenting on market conditions and providing an outlook for the North American and European markets in 2014.
Universal Stainless Reveals Optimistic Outlook for 2014
05 February 2014 - As it reported its 2013 earnings results, Universal Stainless revealed a more positive view about the current year, especially the second half, based on current market expectations.
