Company Announcements
December 15, 2025
Written by Laura Miller
Chicago-based pipe and tube producer Zekelman Industries has promoted Kevin Heffernan to president of the company’s electrical business.
Hefferman joined Zekelman in January 2025 as SVP of electrical. He has over 25 years of executive leadership in industrial and commercial markets.
Nucor said on Monday, Sept. 21, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,210 per short ton (st) this week, a $10/st increase from a week earlier.
SSAB Americas announced immediate changes to pricing extras on select products, according to a letter sent to customers Friday morning.
Steel Dynamics Inc. (SDI) has guided to higher third-quarter earnings both sequentially and on-year.
Nucor Corp. expects significantly higher earnings in the third quarter thanks to higher selling prices and stable sales volumes.
A new player is emerging in the grain-oriented electrical steel (GOES) space. Flux Steel Works announced plans to renovate and reequip a former ATI specialty steel plant in Louisville, Ohio, to produce GOES.