The government has come out with draft steel scrap policy, which is aimed at curtailing import dependency and make India self-sufficient by producing high-quality ferrous scrap.

ferro-alloys.com:Demand to impose tax net on steel units in ex-Fata

Traditional slabs suppliers are trying to keep prices firm for the Asian market, having sold large quantities for August production.

Nucor Corporation today announced consolidated net earnings of $386.5 million, or $1.26 per diluted share, for the second quarter of 2019.

India's secondary steel producers have opposed the petition for imposing a 25-percent duty on imports of steel items.

However, June turned out to be a fairy tale month for steel stocks.

When Section 232 tariffs were proposed, some feared it could lead to a spike in downstream fabricated steel imports.

According to S&P Global Platts, Nucor (NUE) announced a price increase of $40 per short ton.