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Truck shortages hit US steel shipments

A shortage of truck drivers and flat-bed trucks is delaying steel shipments at critical points in the supply chain and further driving up shipping costs and lead times, Fastmarkets has learned.

Fastmarkets AMM

April 7, 2021

Chamath Palihapitiya Weighs Lessons from a 'Tough Week'

With his deals seeing double-digit declines, the venture capital star encourages fellow investors not to be afraid of making changes.

Chief Investment Officer

March 16, 2021

Steel industry seeks edge in electric vehicle battery cages

With the popularity of electric vehicles (EVs) continuing to grow, the steel industry is looking to secure the material's place as the preferred choice for battery enclosures, and thus benefit from the increased steel demand that would follow.

Fastmarkets

December 15, 2020

Cliffs-AM deal could reshape steel industry

A big question hangs over the US steel market in the wake of Cleveland-Cliffs’ $1.4-billion acquisition of ArcelorMittal USA, according to industry analysts and market participants: What is it going to do with the new assets?

Fastmarkets AMM

October 14, 2020

Third-generation steels: Driving into the future

The steel and automotive industries have been working together to keep future vehicles strong, resilient and safe even amid lightweighting efforts. Third-generation steel products provide engineers with an increasing array of choices that will help steel maintain its role as the dominant material used in the construction of light vehicles.

Special Report

Fastmarkets

June 2020

US auto output to fall 13% in 2020: KeyBanc

When automakers in the United States reopen their plants they will be facing a deramatically weakened economy and sharply lower demand from consumers, James Picariello, chief automotive analyst at KeyBanc Capital Markets told Fastmarkets in an interview.

Fastmarkets AMM

March 23, 2020

From Director of the US Mint to the Very First Bitcoin IRA Customer

As interest in crypto has stirred anew, some long-term investors have chosen to invest in digital assets through an instrument that provides tax advantages — a self-directed Individual Retirement Account (IRA).

Cointelegraph

February 10, 2020