Category: Company Announcements

Steel Dynamics Inc. announced Matt Bell as the new head of the company’s metals recycling platform, OmniSource.

Flat-rolled metals processor and pipe manufacturer Friedman Industries achieved record sales volume in its fiscal second quarter.

Russel Metals posted mixed financial results in its third-quarter earnings report. The Mississauga, Ontario-based metals processing and distribution company generated Canadian $35 million (US$53.5 million) in net income for Q3'25, representing a 1.4% increase from the same quarter in 2024.

North America continues to anchor Klöckner & Co.’s performance in 2025. The Kloeckner Metals Americas segment delivered robust earnings in the third quarter despite softer steel prices.

Tania Archibald will assume the role of managing director and chief executive at the Melbourne-based company as of Feb. 1, 2026.

The United Steelworkers (USW) union has named Roxanne Brown as its next international president.

The new Steel Market Update website is officially live.

The Steel Market Update website will be temporarily unavailable on Monday, Nov. 3, from approximately 4:00–8:00 a.m. Eastern Time.

The revamped Steel Market Update website goes live on Monday, Nov. 3, 2025.

Joe 'Magic' was known across the industry as a remarkable salesman with a larger-than-life personality. In 1974, he founded a one-person steel brokerage operation in Michigan that would become Magic Steel.

Brown's career began at the historic integrated U.S. Steel mills near Pittsburgh. He now helps lead the Big River Steel EAFs in Arkansas.

Mining metals analyst Timna Tanners has joined Wells Fargo as managing director of equity research, according to a post on her LinkedIn profile.

SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.

Go beyond the classroom with a behind-the-scenes mill tour at SMU’s next Steel 101 – an immersive, expert-led introduction to steel production and market dynamics.

SMU Steel Summit 2025 will be here before you know it. Be sure to register!

After last year’s historic turnout, the buzz around SMU’s Steel Summit 2025 is picking up. So, it’s no surprise room blocks are going quick, and I mean FAST. Get ready for another blockbuster event! This year’s meeting of the North American flat-rolled steel industry is shaping up to be another record-setting gathering with a timely […]

Steel Market Update will be taking time off in observance of Thanksgiving.

Dan Needham has been with Nucor for 24 years, and he said the key to that longevity has been the company’s culture.

Leading industry analysts on Monday discussed steel prices and how they will be impacted by trade policy, consolidation, mill discipline, November’s elections, and more.

Whether as a guitar player in a rock and roll band or as a high-powered executive at Steel Dynamics Inc. (SDI), it’s all about the team for SDI’s Barry Schneider.

We’re less than a week off from the official start of summer, and anticipation leading up to SMU’s Steel Summit 2024 is already heating up.

Now that June has arrived, the official countdown until SMU’s Steel Summit 2024 – North America’s premier flat-rolled steel conference – has begun. If you haven’t already registered, don’t delay. More than 700 attendees from more than 300 companies have already registered to be in Atlanta this August. In short, it’s poised to be another […]

We’re just a few months away from SMU’s Steel Summit 2024 – North America’s premier flat-rolled steel conference.

Estelle Tran, prices lead at CRU, Michael Cowden, managing editor at SMU and Josh Spoores, principal analyst at CRU, will be the featured speakers on a special CRU webinar. It will take place on Thursday, March 21, at 10 a.m. ET. You can learn more and register here.

The 35th Annual Tampa Steel Conference starts in just a few days. As one of the premier domestic steel conferences, it’s the perfect way to kick off 2024. It’s not too late to register if you haven’t already done so, but make sure to book now!

We’re just a week away from the 35th annual Tampa Steel Conference! It’s one of the premier domestic steel conferences and the first can’t-miss event of 2024. If you haven’t already registered, there is still time but make sure to book now!

We’re just two weeks away from the 35th annual Tampa Steel Conference! It’s not too late to register.

We only have three weeks left until the Tampa Steel Conference! If you haven’t already registered, there is still time, but the clock is winding down! The event runs from Sunday-Tuesday, Jan. 28-30, at the JW Marriott Tampa Water Street hotel. You can learn more about the agenda, explore networking opportunities, and register here. Visiting Tampa is […]

Steel Market Update plans to take some time off for Christmas and the New Year holiday.

While you gear up for the holidays, don’t forget that the 2024 Tampa Steel Conference is just a little over a month away. One of the premier steel conferences in the US, it will be a great complement to our record-breaking SMU Steel Summit this past August.