The steel industry has been plagued by overcapacity in recent years. However, there have been some bright spots, including the auto sector. AK Steel has been touting its growth in that sector ...
[Stay on top of transportation news: Get TTNews in your inbox.] The record steel rally is starting to show early signs of cooling, with one top U.S. producer scouring for buyers to take over abandoned ...
The United Auto Workers' contract with major automakers is set to expire, with disagreements on pay and job security leading to potential strike actions. A UAW strike would significantly affect the ...
GRAND RAPIDS, Mich. (WOOD) — With steel and aluminum tariffs set to go into effect Wednesday, one of Michigan’s largest ...
The Indian government's new import tariffs on steel products are expected to increase prices in the construction, engineering ...
Ongoing microchip shortages, severely affecting automakers, could result in 2.8 million fewer global vehicles produced in 2023, and EV production is notably impacted. Steady steel prices provide ...
NEW DELHI (Reuters) - India's state steel company will start producing automotive steel in a $1 billion partnership with ArcelorMittal in three years, a top government official said, helping cut ...
While auto tariffs and a growing trade war between the U.S. and China have grabbed much of the world’s attention, some suppliers say the Trump administration’s steel and aluminum tariffs are the cause ...
One steel company has disclosed plans to build a new plant in the U.S. Steel Dynamics this week said it's planning a new flat-rolled steel plant somewhere in the Southwest, with construction expected ...
AK Steel has been talking about the positives of the U.S. auto sector; essentially the same trend that ArcelorMittal is working to take advantage of in China. Too much steel, mostly AK Steel hasn't ...