Company Announcements
July 22, 2026
Written by Kristen DiLandro
Kenwal Steel has promoted Douglas A. Bredy to the newly created position of chief commercial officer (CCO).
Bredy took the new position on July 16, according to a Kenwal Steel announcement, released on the same date. He joined the company as VP of business development in May 2025.
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.