Company Announcements
November 13, 2026
Written by David Schollaert
Nucor said on Friday morning it plans to increase plate prices by $70 per short ton (st) as it opens its December order book.
The Charlotte, N.C.-based steelmaker said in a letter to customers that orders must be submitted by Nov. 27 to be considered.
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.
Alro Steel has opened a new location in Van Buren, Mich., outside Detroit.
Randall Metals has closed on its acquisition of tinplate and specialty flat-rolled products supplier Titan Steel. Further terms of the deal were not disclosed. Titan Steel has facilities in Baltimore and the Chicago area, and serves the food packaging, filtration, and construction markets, among others. "Scale is increasingly important in the service center market, and this transaction brings together the complementary strengths of our two businesses to address the challenges and opportunities of the changing global steel industry," Titan Steel CEO Max Levin said in a statement on Tuesday.
Nova Steel, a steel pipe fabricator based in Montreal, has announced layoffs it claims are related to an alleged surge of low-priced imports. The Canadian company announced the temporary layoff of 36 employees at its Saint-Patrick facility, effective Friday, Nov. 13. Nova said unfairly traded steel pipe imports have affected it for years. The company noted that it has brought trade cases to the Canadian government to address the problem.