Steel Dynamics Inc (SDI) is aiming for its new $1.9-billion electric-arc furnace (EAF) mill in Sinton, Texas, to be operating at 80% capacity by the third quarter before hitting full capacity by year-end, chief financial officer Theresa Wagler said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, on Monday June 6

The automotive industry is ready for a green steel premium, steel industry leaders said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, noting that end users will have to bear that cost

Seaborne iron ore concentrate and pellet prices rose during the week ending on Friday June 3, tracking the upward momentum in the iron ore fines segment, market sources said

The US ferrous scrap market is exhibiting signs of life this month after steel meltshops in the Southeast and in Detroit purchased prime and secondary grades of scrap at a $50-per-gross-ton discount compared with the May buy

Cleveland-Cliffs reported it has made progress toward reducing its carbon emissions per short ton of steel produced, according to a 2021 sustainability report the company released in May

Several tube mills, including Nucor Tubular and Atlas Tube, alerted customers to a $100-per-ton reduction in the price of hollow structural sections (HSS) on Thursday June 2, sources told Fastmarkets

Chile’s copper production decreased by 8.93% in April from a year earlier despite a recovery from Escondida, with fewer volumes reported for Codelco and Collahuasi, the country’s copper commission, Cochilco, said on Thursday June 2

Ford is making a $3.7-billion investment in its business, which will be spread out across its plants in Michigan, Ohio and Missouri, and will expand both electric vehicle (EV) and internal combustion engine vehicle (ICE) production

The Korean chemical company LG Chem announced on Thursday June 2 that it was establishing a joint venture with Korea Zinc subsidiary Kemco for recycling precursors, the raw materials for cathodes used in electric vehicles.

Cleveland-Cliffs reported it has made progress toward reducing its carbon emissions per short ton of steel produced, according to a 2021 sustainability report the company released in May