Samuel Appoints New CFO
Samuel, Son & Co. has named Maria Perrella as its new CFO.
Category: Market Segment
Leeco Names New Sales Manager for Northern Region
Leeco Steel has promoted Tom Murray to sales manager, north. The appointment was effective Oct. 1.
AGC: Construction Added 11,000 Jobs in September
The construction sector added 11,000 jobs in September, according to the Associated General Contractors of America (AGC).
US, EU Set to Extend 'Global Arrangement' Deadline: Report
The US and European Union are expected to sign a political agreement that puts a hold on a part of the Global Arrangement on Sustainable Steel and Aluminum (GSA) regarding the decarbonization of steel and aluminum making, according to an article in The Financial Times.
Unifor Reaches Labor Deal with GM Hours After Striking
Canada’s Unifor union reached a tentative labor agreement with General Motors on Tuesday, Oct. 10.
US and EU to Discuss 'Global Arrangement' for Steel and Aluminum
The US and European Union will continue trade talks on Friday, Oct. 20, according to a statement from the European Council.
Raw Steel Down in First Week of October: AISI
US raw steel production dropped for the week ending Oct. 7, according to data released by the American Iron and Steel Institute (AISI) on Monday, Oct. 9.
H2 Green Steel Considers Quebec for New Mill
H2 Green Steel is in talks with Canada to potentially build a new green steel project in Quebec.
Esmark Starts Flat Rolled Supply Business in Mexico
Esmark Steel Group has established Esmark Steel International, a business focused on supplying the Mexican industrial steel market.
UAW Workers at Mack Trucks Strike After Rejecting Deal
The United Auto Workers (UAW) said 4,000 union members at Mack Trucks have rejected a tentative labor agreement and went on strike Monday morning.
Olympic Names New Aluminum Sales Director
Cleveland-based service center group Olympic Steel has named a new aluminum sales director.
Leibowitz: The 2023 Supreme Court Term and International Trade Law
The 2023 term continues a series of very eventful Supreme Court sessions, similarly to 2021 and 2022 terms.
Nucor Holds Grand Opening at Brandenburg Plate Mill
Nucor was joined by Kentucky Gov. Andy Beshear for the steelmaker’s “grand opening” of its $1.7-billion Brandenburg plate manufacturing mill in the state.
September Import Licenses Steady, Flat Rolled Permits Rise
A slowdown in US steel imports has yet to be seen, as total import licenses in September were about even with August’s import levels.
Worthington Industries Expands Tempel Steel in Mexico
Worthington Industries Inc. announced on Oct. 5 the expansion of its Tempel Steel facility in Apodaca, Mexico.
UAW Making Progress with Big Three, Opts Not to Expand Strike
The United Auto Workers’ (UAW) strike against the Big Three Detroit-area automakers was not expanded on Friday, as “significant progress” is being made in contract negotiations.
Scrap Insight: Scrap Optimization as a Hedge on Pig Iron Usage?
Some of the movements in scrap and pig iron pricing over the past 18-24 months have been quite drastic.
CRU: Two Metallurgical Coal Miners to Produce Less at Higher Cost
Because of a series of problems encountered in Australia and the United States, Coronado and Arch have both reduced their coking coal output guidance. They also warned of higher costs. Coronado Global Resources now forecasts production between 16.2 Mt and 16.4 Mt this year, compared with a previous range of 16.8 Mt and 17.2 Mt. […]
Domestic Steel Shipments Rise in August: AISI
Shipments from US steel mills ticked up in August vs. July and stayed level year over year, according to the latest monthly data from the American Iron and Steel Institute (AISI).
HRC Futures: Hedgers Getting Off Sidelines
What has happened since the August hot rolled (HR) settlement ($767 per short ton)?
Ford Calls for Investment in Clean Aluminum
As steel production in the US continues to get cleaner, aluminum end users are calling on the government to invest in American-made, clean aluminum
Two of Big Three Automakers Report Strong Q3 Sales Growth
The Big Three automakers reported their third-quarter sales this week, with two of the three showing strong year-over-year gains.
GM Makes Sixth Contract Offer to UAW
General Motors made its sixth contract offer to the United Auto Workers (UAW) as the union continues its strike against all three Detroit-area automakers.
SDI Columbus Takes Unplanned Hot Mill Outage, Pulls Forward Planned One
Steel Dynamics Inc. (SDI) has lost some production this month at its sheet mill in Columbus, Miss., on a combination of planned and unplanned outages, according to sources familiar with the matter.
Low Water Levels on Mississippi Could Disrupt Supply Chain
Water levels on the Mississippi River continue to drop due to a lack of rain. This could potentially disrupt the steel supply chain should the low levels persist.
U.S. Steel Slates 16-Day Outage on Gary Works No. 6 BF
U.S. Steel will take a 16-day planned outage beginning next week on the No. 6 blast furnace (BF) at its Gary Works in northwest Indiana.
Commercial Metals Co. Debuts New Branding as 'CMC'
Commercial Metals Company (CMC) has unveiled its new branding as "CMC," reflecting its growth beyond metals.
Ford Makes Seventh Offer to UAW
Ford Motor Co. presented its seventh offer to the United Auto Workers (UAW) on Tuesday amid the union’s ongoing strike.
Ryerson Buys Wisconsin Fabricator Norlen Inc.
Ryerson has acquired Norlen Inc., a Wisconsin-based metal fabricator, for an undisclosed sum.
Construction Spending Up in August: AGC
Construction spending in the US increased in August, according to the Associated General Contractors of America (AGC).