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Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,769,000 net tons (NT) of steel in January 2017, including 2,285,000 NT of finished steel (up 2.6 percent and 5.9 percent, respectively, vs. December final data).

The global recycled metal market is gaining traction due to rapid urbanization and industrialization.

Schnitzer Steel Industries, Inc. shared preliminary results for its second quarter ended February 28, 2017. Schnitzer expects second quarter earnings per share from continuing operations to be in the range of $0.37 to $0.40 and adjusted earnings per share to be in the range of $0.34 to $0.37.

The Aluminum Association’s Trade Enforcement Working Group filed antidumping and countervailing duty petitions charging that unfairly traded imports of certain aluminum foil from the People’s Republic of China are causing material injury to the domestic industry.

Five of North America’s most influential steel executives will discuss the future of steelmaking under the Donald Trump presidency during AISTech 2017, which takes place in May 2017 in Nashville, Tennessee.

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of February totaled 2,728,000 net tons (NT).