Company Announcements
April 23, 2026
Written by Laura Miller
Marubeni-Itochu Steel Americas Inc. (MISA) plans to build a $37-million flat-rolled steel processing plant in Osceola, Ark., adjacent to Big River Steel.
MISA’s subsidiary, MISA Specialty Processing (MSP), will operate the new specialty processing plant and service center. The facility will serve customers across the South-Central US, including the automotive sector.
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.