A new platform launched by the Rocky Mountain Institute (RMI) could see a collective order of 2 million short tons of green steel from major companies, propelling the North American steel industry’s decarbonization push

German automaker Mercedes-Benz has signaled its preference for greener steel in the US alongside a commitment to 50,000 tonnes per year from long-time supplier Steel Dynamics Inc (SDI)

The United Auto Workers (UAW) struck at three of the Big Three automakers' assembly plants just after midnight on Friday September 15, sending 12,700 workers to the picket lines and threatening to expand the strike to additional factories

Uncertainty arising from a potential strike at one or more of the Big Three automakers is at the forefront of the US flat-rolled market, upstaging the mill outage season that is currently underway, sources told Fastmarkets

Asia is now shaping up to join the growing decarbonization movement in the steel industry with the launch of its first green steel premium

The weak Turkish lira and higher volumes of low-priced imports have resulted in reduced demand for domestic flat steel in Turkey in July and August, sources told Fastmarkets on Tuesday September 5

Turkish export prices for steel rebar and wire rod have remained stable over the past week despite limited demand, while domestic prices have inched upward on a weaker Turkish lira, market sources said on Thursday August 24

Authorization for the United Auto Workers union (UAW) to call a strike at one or more of the Big Three automakers appeared headed toward approval on Thursday August 24, according to a union spokesperson, bringing with it a potential sharp dip in steel demand

US Steel (USS) must name its potential buyers, Cleveland-Cliffs said in a filing with the US Securities and Exchange Commission (SEC) on Tuesday August 22, escalating a very public disagreement between the two integrated steelmakers

A combination of Cleveland-Cliffs and US Steel into a single automotive steel market behemoth, if approved, is widely expected to wield considerable pricing power