ArcelorMittal Poland to idle Krakow blast furnace on November 23.

US raw steel capacity utilization declined to 80.5% last week from 81.6% the previous week.

Following months of uncertainty, thousands of British Steel workers are feeling cautiously optimistic.

"Improving product quality should be a major priority, to use high standards to push forward high quality development of the industry."

A source had already confirmed that a deal was in the works earlier on Monday, amid press reports that Jingye would pay 70 million.

CISA data showed their member companies have seen a 32 percent drop in profits.

The blast furnace has a capacity of 1.3 million crude steel/year and the stoppage will at least be for four-six weeks.

An increase on the tariff on Turkish steel to 50% was announced by Trump via Twitter, but never officially implemented.