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CIBC commits $2B in funding for small- and medium-sized defence-related firms
2+ day, 12+ hour ago (154+ words) A new report from CIBC says the current youth unemployment rate is at levels typically only seen during recessions, even as other age groups face a more resilient labour market. TORONTO - CIBC says it is committing $2 billion to support small…...
Green Hydrogen Could Be the Key in Transforming Indonesia’s Steel Industry
2+ day, 16+ hour ago (769+ words) Decarbonizing the industrial sector is a crucial part of Indonesia's journey toward a low-carbon economy. The industrial sector plays a significant role in driving economic growth, absorbing labor, and contributing approximately 19.07 percent to the national gross domestic product (Ministry of…...
Worthington moves closer to full Kloeckner integration
2+ day, 13+ hour ago (369+ words) Written by Ethan Bernard Worthington Steel marked another step in its takeover of Kloeckner & Co. The Columbus, Ohio-based service center group announced on Sept. 8 that it had signed a domination and profit-and-loss transfer agreement (DPLTA) with Kloeckner. This was pursuant…...
European domestic steel heavy plate prices rise on higher slab costs, tighter material availability
2+ day, 15+ hour ago (461+ words) Domestic steel heavy plate prices in Europe increased further this week, with Italian producers raising target prices amid increasing slab costs and limited October availability, while in Northern Europe stronger offers and constrained material availability pushed plate prices higher, sources…...
Xinyu inaugurates electrical steel production facility
2+ day, 20+ hour ago (235+ words) Published 10th September, 2026 by Pete Downham Xinyu Iron & Steel, part of Baowu Group, has inaugurated an electrical steel production facility, supported by process technologies supplied by Fives Group. The facility, based in Xinyu City, China, is set to produce 250kt of non-grain…...
U.S. weekly crude steel production continued to increase y-o-y
2+ day, 21+ hour ago (177+ words) Steel production stood at 1,818,000 net tons in the previous week, ending August 29, 2026. Over the same period, the capacity utilization rate declined to 78.3% from 78.7%. U.S. weekly crude steel production increased 1.7% year on year. In the week ending September 5, 2025, U.S. mills produced 1,777,000 net tons…...
Moeve and ArcelorMittal Partner on Green Steel Decarbonisation Platform - News and Statistics
2+ day, 20+ hour ago (418+ words) IndexBox Search across reports, market insights, and blog stories. Moeve and ArcelorMittal Launch Joint Innovation Platform to Decarbonise Steel Energy company Moeve and steel producer ArcelorMittal have established a joint innovation platform structured as an equal partnership, according to GMK…...
Steel fails, but iron prevails at J'Ouvert
2+ day, 21+ hour ago (396+ words) It was like a set-piece scene from a big-budget film. Picture the scene: the downtrodden of the city, dressed in old, ragged clothes, rise up as one and fill the streets, marching towards the presidential palace on the hill, uttering…...
Steel shipments to the US fell by 3.7% m/m in July
3+ day, 2+ hour ago (181+ words) News Global Market steel production Print 61 10 September 2026 In July 2026, US steelworks shipped 8.22 million short tonnes of steel. This is 3.7% less than in June, according to a report by the American Iron and Steel Institute (AISI). Compared with July 2025, the figure…...
EU steel sector holds funeral for industry in Brussels - EUROMETAL
3+ day, 17+ hour ago (740+ words) “Do we want to leave European defense, research and development, the future of our kids, the green transformation – in the hands of non-European countries?” – Alexander Julius, President of European steel trade and distribution association, EUROMETAL. Representatives from across the EU’s…...