The steel tariff stock rally is enticing right now, but long-term economic costs could quickly turn it into a steel trap.
This policy has already sparked a positive reaction in the stock market, with steel stocks showing immediate gains.
Port Talbot is already reeling from hundreds of job losses when the Welsh town's steel works' last blast furnace closed ...
ArcelorMittal, whose North American operations are headquartered in Schererville, made $1.3 billion in profits last year amid challenging conditions for the steel industry.
Tata Steel's Port Talbot steelworks is undergoing a major transformation with the installation of two electric arc furnaces, ...
Reports Q4 revenue $14.71B vs. $14.55B last year. Commenting, Aditya Mittal, ArcelorMittal (MT) CEO, said: “2024 saw the completion of the dss+ ...
The outlook for the graphite market is promising due to its usage in the battery industry and energy storage applications, as well as steel-making. With China dominating the natural graphite market, ...
The steel producer is investing £1.25bn in constructing a new electric arc furnace, ladle furnaces and associated works within the existing site. Sir Robert McAlpine will manage the main ...
The best electric bikes are an ideal choice if you want to cut down on the time you spend in the car. From quick daily commutes to short trips into town, these bikes can help you get up to speed ...
The German firm’s French facilities will supply recycled-content steel rails to French national rail operator SNCF Réseau.
LITTLE more than 100 years have elapsed since the first experiments on electric furnaces were performed, when Davy, in 1810, succeeded in isolating aluminium and the alkali metals by the ...
Incidentally, India’s steelmakers have pointed out that the capex into green steelmaking is almost double than that of electric arc furnace or blast furnace-based steelmaking. In such a case ...