The steel industry's dire straits are in the spotlight this week, with both China and the U.K. warning about the hit from the dramatic slump in demand.
Bluescope will keep its Port Kembla steelworks open after persuading the government to defer $43M in payroll tax.
Although production cuts have been supportive, China's latest economic data remain a concern for the sector, explains Daniel Hynes, senior commodities strategist at ANZ research.
Slumping commodity prices are typically seen as a boon for India, a country that relies heavily on oil imports, but it's not all good news.
Rio Tinto says China's steel production will grow modestly until 2030 but demand will increase in other emerging markets in Southeast Asia and India, the Financial Times reports.
Caroline Bain, senior commodities economist at Capital Economics, explains why she’s negative on steel.
Guido Kerkhoff, CFO of Thyssenkrupp, discusses how China's decision to devalue its currency may affect steelmakers and industrialists.
Mario Longhi, CEO of United States Steel, says that it's a "give and take" when it comes to the US economic outlook.
Mario Longhi, U.S. Steel CEO, discusses his company's growth strategy, despite energy, and strong U.S. dollar headwinds, and foreign "dumping," Also Longhi discusses US Steel's "Carnegie way" transformation plan.
"Fast Money" trader Brian Kelly thinks investors should get out of U.S. Steel after the company cut its 2015 guidance.
Iron ore's price plunge is likely to start claiming corporate casualties among the industry's smaller players, Goldman Sachs said.
Analysts expect another tough year for the steel industry, reports CNBC's Morgan Brennan.
Union leaders called strikes on Sunday at nine U.S. refineries in a bid to pressure oil companies to agree to a new national contract covering workers at 63 plants.
Economists may teach that low prices and declining demand encourage producers to decrease supply, but the iron ore industry may have skipped class that day.
KeyBanc analyst Phil Gibbs expects U.S. steel consumption to increase just 2 percent this year versus 5 percent in 2014. CNBC's Morgan Brennan reports the slowdown is oil related.
A halving in the price of iron ore this year has been fueled in part by Chinese speculators who built up huge short positions on the one-year-old futures contract.
Businesses are complaining about Beijing's use of non-tariff barriers from customs clearance to quality restrictions to curb raw material imports.
Three commodities are on Dennis Gartman's "buy" list.
Investors should stay away from Brazil amid its presidential election, Dennis Gartman says.
Shares of U.S. Steel are surging after the company announced its Canadian unit will go into creditor protection. CNBC's Sara Eisen has the details.