Company Announcements
August 4, 2026
Written by David Schollaert
Steel Dynamics Inc. (SDI) has promoted Theresa Wagler, presently EVP and CFO, to president and CEO, effective Jan. 1, 2027.
The Fort Wayne, Ind.-based steelmaker said Mark Millett, co-founder and company CEO since 2012, will retire as CEO and transition to executive chairman of the board.
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.