Company Announcements
November 7, 2025
Written by Laura Miller
Australia’s BlueScope Steel has announced succession plans for its top leader.
Tania Archibald will assume the role of managing director and chief executive of the Melbourne-based company as of Feb. 1, 2026. At present, she is chief executive of BlueScope’s Australian Steel Products business.
U.S. Steel is investing $28.3 million in its Great Lakes Works in Michigan, with upgrades planned for its pickle line during a 30-day outage starting in October.
President Trump announced that Mesabi Metallics will build the largest steel plant in the US in the state of Iowa.
Cleveland-Cliffs Inc. has confirmed a fatal accident occurred at its Monessen coke facility on Sunday, but said production has not been impacted.
Nucor said its consumer spot price for hot-rolled coil will be $1,220 per short ton (st) for the week of Sept. 28. That's a 10/st increase from a week earlier.
This October, SMU is introducing a new way to keep you informed on the latest steel market news and insights: the Daily Digest. Beginning in mid-October, our new Daily Digest will replace the three newsletters currently delivered each week.