Steel Mills

JSW Steel USA returns to SMA
Written by Ethan Bernard
May 22, 2024
JSW Steel USA has rejoined the Steel Manufacturers Association (SMA).
Additionally, JSW Steel USA CEO Rob Simon has rejoined SMA’s board of directors, SMA said in a press release on Wednesday.
He was also SMA chairman in 2011 when he served as an executive with Evraz North America. Simon was tapped as CEO for JSW Steel USA in March.
“We put a high value on SMA’s pursuit of policies that ensure the fair trade of steel and raw materials while recognizing and rewarding our efforts to decarbonize the supply chain,” Simon said in the release.
JSW Steel USA is a subsidiary of India’s JSW Steel. It operates an electric-arc furnace (EAF) steel mill in Mingo Junction, Ohio, and a plate and pipe mill in Baytown, Texas, and has ~750 employees.
“The support of JSW Steel USA puts additional force behind our efforts to promote policies that sustain, strengthen, and restore the domestic steel industry,” SMA president Philip K. Bell said.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Mills

Despite trade chaos, Barry Schneider upbeat on SDI, steel
With 30 years of experience at Steel Dynamics, Barry Schneider reflects on the company and the state of the steel industry.

Algoma Steel seeks CAD$500M in operational support
Algoma Steel applied to Canada’s federal Large Enterprise Tariff Loan (LETL) program for $500 million to support its long-term operations.

SDI concerned with potential Brazil pig iron tariffs
Steel Dynamics Inc. (SDI) executives called a 50% tariff on Brazilian pig iron “concerning,” but think tariffs will be a “mainstay” of trade agreements going forward.

SDI earnings slip in Q2 as trade volatility hits customer orders
SDI profits slipped in second quarter amid trade policy volatility.

Cliffs puts ‘for sale’ signs up after another big quarterly loss
Cleveland-Cliffs lost more than $400 million for the third consecutive quarter but predicted results would improve in the second half of the year. And shares of the Cleveland-based steelmaker surged after company executives said during its Q2 earnings call on Monday that they could make billions by courting foreign investors or selling assets.