Market Segment
October 14, 2026
Written by Laura Miller
Mark Bula is leaving the steel industry, having joined Munich, Germany-based tozero as incoming co-CEO.
tozero is a startup lithium-ion battery recycler. Bula will serve as co-CEO alongside founder Ksenija Neumann.
JSW Steel USA has completed a $110-million modernization project at its plate mill in Baytown, Texas, a company spokesperson told SMU. “Baytown is back up,” the spokesperson said. “The planned outage is complete, and the mill is running across all of our existing processes.” “Our newly installed equipment is now in the hot commissioning and trialing phase, which is an exciting next step for the site,” she added.
Steel production has been suspended at a facility of Turkish steelmaker Habas following a deadly explosion, a source told SMU. SMU spoke with a source in Turkey who provided some further information after the incident at the mill in Aliaga, Turkey, occurred on Monday. (For background on the incident, click here.)
The US International Trade Commission (ITC) has voted unanimously to keep anti-dumping and countervailing duty orders on welded line pipe from South Korea and Turkey in place for another five years.
Alro Steel has opened a new location in Van Buren, Mich., outside Detroit.
The United Steelworkers (USW) union will meet with U.S. Steel (USS) on Friday as negotiations around terms of a new labor contract continue. The meeting comes after the USW and Cleveland-Cliffs, one of U.S. Steel’s competitors, agreed to a tentative labor agreement last week. “USS knows how this process works. They agreed to meet with us on Friday. The company knows they need to move, so this meeting should be productive,” the union said in a text to members on Wednesday. U.S. Steel did not respond to a request for comment for this article.