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Top News In கூட்டணி எஃகு Today - Breaking & Trending Today

Steel shipments decreased 9.2% in February


U.S. steel mills shipped 6.73 million tons of steel in February, according to the Washington D.C.-based trade association the American Iron and Steel Institute.
That s a 9.2% decline as compared to the 7.42 million tons shipped in January, and a 13.3% decrease from the 7.77 million tons shipped in the February of the previous year.
The steel industry is hailing a long-discussed and long-awaited infrastructure plan that would pump $2 trillion into the nation s roads, bridges, railways and ports. United Steelworkers International President Tom Conway said the plan — expected to drive up demand for steel — is ambitious and far-reaching.
Joseph S. Pete
Steel shipments are a key metric of the financial health of the steel industry as they reflect the amount of steel actually sold to customers such as automakers, appliance manufacturers and service centers that process the steel for a wide variety of end uses. ....

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U.S. steel production fell 10.9% in February


U.S. steel production fell 10.9% year over year to 6.3 million tons in February, according to the World Steel Association.
The Brussels, Belgium-based steel association reported global steel output rose 4.1% to 150.2 million tons year over year in February.
China again led the world in steel production by a wide margin, single-handedly accounting for more than half of the world s steel production, and making more nine times as much steel as any other country. China — which has a state-run steel industry not subject to the same market forces as everyone else — produced 83 million tons of steel in February or 10.9% more as compared to February 2020. ....

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Great Lakes steel production falls but output up 15.7% year-over-year

Great Lakes steel production falls but output up 15.7% year-over-year
nwitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nwitimes.com Daily Mail and Mail on Sunday newspapers.

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Steel shipments jump up to start out 2021


Steel shipments got off to a good start in 2021 by rising 5.3% from December to January, the most recent month for which data was available, but were still down by double digits year-over-year.
U.S. steel mills shipped 7.42 million tons of steel in January, which was up 5.3% from the 7.04 million tons shipped in December but down 13.1% as compared to the 8.53 million tons shipped during January 2019, according to the American Iron and Steel Institute.
U.S. steel mills, including those along the south shore of Lake Michigan in Northwest Indiana that account for nearly half the nation s integrated steelmaking capacity, shipped a total of 81 million tons of steel in 2020, a 15.8% decline as compared to shipments of 96.1 million tons the previous year. ....

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Indiana Secretary of Commerce steps down


Indiana Secretary of Commerce Jim Schellinger is stepping down from his role overseeing the Indiana Economic Development Corp., which leads economic development efforts in the Hoosier state.
“Today, I reluctantly received and accepted Secretary of Commerce Jim Schellinger’s resignation. He informed me it was the right time for him to step down immediately and I have accepted his decision,” Gov. Eric Holcomb said. “During Jim’s time at the helm of the Indiana Economic Development Corp., our state has experienced record-breaking job commitments, increasing average wages and strong capital investment. I am tremendously grateful to Jim for his long service to the state of Indiana. ....

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