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U S Steel 3Q Profit Plunges, Weighed Down by Lower Prices

By Sabela Ojea U.S. Steel saw its profitability plunge in the third quarter as lower commodity prices offset a rise in total steel shipments. The steel.

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Green Steel Is Coming Europe Is Leading the Charge Thanks to New Carbon Taxes

By 2030, the continent is expected to be home to nearly 50 low-carbon steel projects, while just two are planned in the U.S.

United statesBruxelles capitaleSweden generalCity ofUnited kingdomColin richardsonPaul limHenrik henrikssonYusuf khanSimone tagliapietraNicola davidsonMikael sjoberg bloombergLeadership group for industry transitionInternational energy agencyMountain instituteEuropean union carbon border adjustment mechanism

U S and Europe Struggle to Put Trump-Era Tariffs Behind Them

Officials couldn’t agree on steps to move beyond metal tariffs ahead of a summit aimed at showcasing their unity

United statesEu commissionPresident bidenPresident ursulaPresident trumpNorth americaTrade external paymentsEconomic newsPolitical general newsInternational relationsPolitics international relationsDomestic politicsTrade barriers restrictionsCommodity marketsMetals marketsAluminium markets

BlueScope Steel Cuts Earnings Guidance on Weaker U S Steel Prices

By Mike Cherney SYDNEY Australia-based BlueScope Steel cut its earnings guidance for the first half of the 2024 fiscal year, amid softer than expected.

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Steel Dynamics 3Q Profit Falls on Lower Steel Prices

By Ben Glickman Steel Dynamics saw lower profit in the third quarter as steel prices declined. The Fort Wayne, Ind.-based steel producer said Wednesday it.

United statesMark millettBen glickmanFort wayneExecutive mark millettNorth americaArticle normalPrimary metalsFerrous metalsSteel cold rolling formingBasic materials resourcesSteel productionFinancial performanceCorporate industrial newsCommodity marketsMetals markets

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