Company Announcements
August 5, 2026
Written by David Schollaert
SPS Companies has acquired Jemison Metals, a carbon flat-roll service center and fabricator headquartered in Birmingham, Ala., from Jemison Investment Company.
The move expands the company’s reach with the addition of seven facilities across the South, Mid-Atlantic and Midwest.
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.