Optima Specialty Steel Inc. will undertake a refinancing plan involving its debt due this December and a $50-million equity contribution from the company’s owners, according to Standard & Poor’s Financial Services LLP.

The delivered U.S. premium for special-high-grade zinc remains steady as a recent pullback in London Metal Exchange prices has yet to stir up much additional spot business.

The U.S. Commerce Department is sticking to its guns on the scope of a trade case targeting imports of cut-to-length plate from a dozen countries.

Vale SA’s nickel smelting and refining operation in Thompson, Manitoba, is downsizing to a single furnace in January 2017, a company spokesman confirmed.

Imports from China pose a "grave threat" to the Canadian steel industry, according to parliament member Tracey Ramsey, who will ask the House of Commons’ International Trade Committee to initiate a study.

Copper and zinc prices are poised to take diverging paths amid mixed supply pictures, according to commodity analysts at Goldman Sachs Group Inc.