Category: Company Announcements

Privately owned service center group Triple-S Steel has announced its acquisition of Camden Yards Steel Co., effective July 21.

Nucor has completed its steel utility structure manufacturing facility and its transmission tower expansion project in West Hazleton, Pa.  

Nucor's earnings nearly doubled in the second quarter on the back of higher prices and shipments in its steel mills segment.

Nucor said its hot-rolled coil consumer spot price will be $1,145 per short ton for the week of July 27, up $10/st.

GrafTech International’s net loss narrowed in the second quarter as the company expects a modest increase in demand for graphite electrodes in 2026.

Cleveland-Cliffs Inc. narrowed its losses in the second quarter thanks to increased demand, higher prices, longer lead times, and limited import competition.

Celso Goncalves has been promoted to president and chief financial officer and appointed to the Cleveland-Cliffs board of directors.

Swedish steelmaker SSAB reported lower profits in the second quarter at its Americas unit. And it expects outage charges in the third quarter.

Kenwal Steel has promoted Douglas A. Bredy to the newly created position of chief commercial officer (CCO).

Ralf Haessig has joined the advisory board of Electra, the clean iron technology company said on Tuesday.

Steel Dynamics Inc.'s (SDI's) executives said they are working with the current administration towards keeping a robust trade policy that favors US products, and that scrap supply in the US remains "ample."

Atlas Tube announced price increases for mechanical, HSS, and piling products.

Steel Dynamics Inc. posted sharply higher profits on record quarterly shipments and predicted the good times might continue to roll into 2027.

Nucor said its consumer spot price for hot-rolled coil will be $1,135 per short ton for the week of July 20.

Liberty Steel workers at its Bartonville, Ill., facility face furloughs after an industry downturn, according to a media report.

Orion Steel has appointed Todd Ptacek as its new president.

Rocky Mountain Steel Mills said that Union Pacific Railroad received the first stick of rail from the steelmaker’s new long rail mill in Pueblo, Colo.

SSAB will not renew the lease for its Toronto cut-to-length facility and plans to permanently discontinue operations later this year.

Nucor plans to increase plate prices by $60 per short ton (st) with the opening of its September order book. It will also maintain its previously announced fuel surcharge of $10/st effective on all shipments beginning August 1

North American Iron Inc. has announced it has secured additional financing in order to advance its project to convert iron ore tailings into merchant pig iron.

Worthington Steel has opened the acceptance period for its public delisting tender offer for all outstanding Kloeckner & Co SE shares.

Oregon Steel Mills is attempting to push spot plate prices up by at least $60 per short ton.

Mesabi Metallics Co. has announced the successful completion of its first production blast at its iron ore mine in Nashwauk, Minn.

Nucor said its consumer spot price (CSP) for hot-rolled coil will be $1,135 per short ton (st) for the week of July 13, up $5/st from last week.

AZZ President and CEO Tom Ferguson said the Texas-based coil coating and galvanizing company is off to a great start in its 2027 fiscal year.

Industrial construction and steel fabricator JGM has announced leadership changes.

SSAB Americas plans to increase plate prices by at least $40 per short ton (st), according to a letter sent to customers on Wednesday.

Talks of a potential joint venture between Atlas Tube and Maruichi USA have ended.

Cleveland-Cliffs has been awarded a $400 million contract by the US Department of War for grain-oriented electrical steel (GOES), the department announced last week.

Nucor said on Monday, July 6, that its hot-rolled coil consumer spot price will remain unchanged at $1,130 per short ton for the week.