Company Announcements
December 23, 2025
Written by Kristen DiLandro
Members of the United Steelworkers (USW) Local 1123 labor union voted against ratifying a second proposed deal with Metallus on Dec. 18.
Negotiations between the two parties resumed after the initial tentative agreement did not pass the union’s Oct. 30 vote. The parties arrived at this second tentative pact on Dec. 4.
U.S. Steel held a ceremonial groundbreaking on Monday for its new $475-million quench-and-tempering facility at its Fairfield Tubular Operations in Alabama.
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.