Company Announcements
March 10, 2026
Written by Kristen DiLandro
Worthington Steel reduced its minimum acceptance threshold to 57.5% for its purchase of Kloeckner & Co.
The Columbus, Ohio-based metals processor originally stated the minimum acceptance threshold for the sale at 65%. Worthington will not increase its purchase price, according to its March 10 statement.
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.