U.S. Steel news headlines & business reports.

Steel News: U.S. Steel

U.S. Steel to Assess Hydrogen, Carbon Capture and Storage Development
Mon, 12 Jul 2021 11:00:00 GMT
United States Steel Corp. executed a non-exclusive memorandum of understanding (MOU) with Equinor US Holdings Inc., an affiliate of Norway-based Equinor ASA. Under the MOU, the companies will study the potential for carbon capture and storage (CCS) and hydrogen development in the tristate region of Ohio, Pennsylvania and West Virginia. Hydrogen-based steel processes and CCS are among the more promising and sustainable technologies currently being developed.


4 Top Stocks to Gain as Demand for Steel Bounces Back
Thu, 24 Jun 2021 00:00:00 GMT
The demand for steel in the United States is making a comeback, making it prudent to invest in stocks like Olympic Steel (ZEUS), United States Steel (X), Nucor (NUE) and Schnitzer Steel


Tariff removal would hinder efforts on steel overcapacity: AISI
Thu, 17 Jun 2021 00:00:00 GMT
The recent joint statement from the US and EU shows that the governments share concerns regarding their domestic metals industries that must be cooperatively addressed, such as global excess capacity, but a removal of the US steel and aluminum tariffs on the EU would run counter to such initiatives, American Iron and Steel Institute


US steel sector backs US, EU talks on overcapacity, but wary ...
Wed, 19 May 2021 00:00:00 GMT
US steel groups welcomed an announcement May 17 from US and EU trade officials signaling the beginning of discussions to address global steel and aluminum overcapacity, but they asserted that such talks should not alter any existing trade measures that the US has imposed on the EU to protect the domestic steel industry. American Iron and Steel Institute CEO Kevin Dempsey said he appreciated the commitment from the US and EU to work together on market distorting concerns, but this cooperatio


US steel prices higher for longer
Fri, 30 Apr 2021 00:00:00 GMT
Hot-rolled coil and busheling scrap futures continue to grind higher during the week ended April 27, as near-term supply constraints still weigh on the market, pushing prices higher for longer, as steel companies report record profits and are expected to remain disciplined with regards to US steel production. Trading volumes fell this week; some long hedges have continued to roll further down the curve in order to earn some of whats left of the backwardations, or contangos. The HRC spot


US Steel joins green forum ResponsibleSteel
Fri, 23 Apr 2021 00:00:00 GMT
Building on its pledge earlier in the week to hit carbon neutrality by 2050, US Steel announced Thursday that it has become the first North American steelmaker to join green steel forum xxx ResponsibleSteel is an important part of US Steels ESG (environmental, social and governance) commitments and the 2050 carbon neutrality goal that


Can metal fabricators prosper with wind power
Wed, 17 Mar 2021 13:30:00 GMT
Misinformation about wind power during the winter storm in Texas can't derail the push for more renewable energy, even in the Lone Star State. Metal fabricators can learn more about the sector in an upcoming webinar sponsored by plate rolling equipment manufacture


Dorn As Interim Head Of Tubular Solutions Of Us Steel
Mon, 08 Feb 2021 00:00:00 GMT
Dorn as Interim Head of Tubular Solutions of US Steel United States Steel Corporation President and Chief Executive Officer David B. Burritt announced the appointment of Scott M. Dorn as Interim Head of Tubular Solutions. Dorn assumes responsibility for all...


Continued tariffs will sustain ongoing growth of US steel sector: ...
Thu, 04 Feb 2021 00:00:00 GMT
The sustained enforcement of steel tariffs under President Joe Biden is crucial for the US steel industrys growth as it maintains ongoing reinvestment in domestic capacity, American Iron and Steel Institute CEO Kevin Dempsey said Feb. 2. As the US economy grows, if we dont have the Section 232 steel tariff program in place, we are going to see a new surge in imports that is going to be devastating at a point when the industry is making significan't new investments in new capacity and


Slovakia's US Steel Kosice restarts last of three blast furnaces
Tue, 02 Feb 2021 00:00:00 GMT
Slovakias US Steel Kosice restarted last month its blast furnace No.3 and is currently operating all three blast furnaces and other facilities, the mills spokesman told S&P Global Platts Feb. 1. We adjust our production and the range of our products to the current situation and demand of our customers, said the spokesman. We


Steel Stocks' Jan 28 Earnings Roster: NUE, X, ATI & CRS
Wed, 27 Jan 2021 00:00:00 GMT
Strong steel demand and higher steel prices are likely to reflect on upcoming quarterly results of Nucor (X), United States Steel (X), Allegheny Technologies (ATI) and Carpenter Technology


Gold, Silver and the Commodities Supercycle
Fri, 18 Dec 2020 00:00:00 GMT
Covid is already ushering in a new era of policies aimed at social need instead of financial stability which will likely create cyclically stronger, more commodity-intensive economic growth, that should create the elusive cyclical upswing in demand.



Number of U.S. Steel company reports: 12
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