Steel companies prepare for price hikes due to rising raw material costs, while slowing demand may impact production levels.
Prices for aluminum and copper have been revised up through the middle of 2026 because of the ongoing war in the Middle East.
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How Trump's steel and aluminum tariffs impact prices one year later
One year after President Trump raised tariffs on steel and aluminum, domestic producers see gains while consumers face higher prices for goods.
U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%. This spike is largely attributed to the Trump administration's imposition of ...
U.S. steel prices, including hot rolled coil, have fallen to their lowest levels since February despite earlier tariff-driven gains. Weak construction demand, short mill lead times, and volatile ...
Outokumpu has reduced discounts on various stainless steel products, though market conditions remain weak with only a modest increase in buying activity. Nickel prices have seen a nearly 9% increase ...
A spring and summer of recycled steel price stability has crept into the early fall season. On the Pacific Coast, export prices for bulk shipments of mixed No.1 and No. 2 HMS have drifted below $300 ...
Steel Dynamics shipped 3.5 million tons of steel during the first quarter and generated $230 million of operating income from its steel operations. The company reported $153 million in cash flow from ...
China’s top steel industry group has urged the state-backed iron ore trader, China Mineral Resources Group Co., to push for using domestic price benchmarks in supply talks with major miners including ...
Steel companies anticipate a significant price increase due to escalating raw material and logistics costs, driven by the ongoing West Asia conflict.
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