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ArcelorMittal South Africa to shut down long steel productionArcelorMittal South Africa has announced the closure of its long steel products division, a move that is expected to affect approximately 3,500 jobs, both directly and indirectly. The decision ...
Long steel, encompassing products like rebar, wire rod, and structural shapes, plays a critical role in infrastructure development, construction, and manufacturing. Market Overview The Long Steel ...
Trump's action to bulk up protections for American steel and aluminum producers restores effective global tariffs of 25% on all imports of the metals.
Some steel sector companies have resorted to using steel billets as a stop-gap measure in the mounting shortage of long steel products, as an ominous silence hangs over the fate of ArcelorMittal ...
By mid-2019, the tariffs were lifted for Canadian and Mexican imports, which accounted for 27% of the U.S.’s steel imports ...
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