Company Announcements
July 2, 2026
Written by Brett Linton
Steel Market Update’s offices will be closed on Friday, July 3, in observance of Independence Day.
We will not publish our Executive issue on Sunday, July 5. We will resume our regular publication schedule on Monday, July 6. Our weekly pricing service will not be affected.
As we observe the holiday, we wish you and your family a safe and enjoyable Independence Day.
Wheeling-Nippon Steel Inc. announced a series of promotions across the West Virginia-based company.
Algoma Steel Group expects lower shipments in its second quarter of 2026 but anticipates adjusted EBITDA to move back into the black.
Target Steel and Target Metal Blanking are expanding into Mexico.
Nucor held its consumer spot price (CSP) for hot-rolled (HR) coil at $1,130 per short ton (st) for the week of June 29. The sideways move is the first of its kind since Jan. 21.