The latest American Iron and Steel Institute (AISI) data confirms that US steel mills have pulled back production during the end-of-year holiday season. Still, year-to-date figures show higher output and utilization rates compared with last year.
Oregon Steel Mills has joined other producers, announcing a price increase of at least $40 per short ton (st) for steel plate. The Portland, Ore.-based company told customers on Monday that the minimum increase was effective immediately with all new orders. It applies to all carbon, HSLA, hot-rolled coil, normalized, and quenched and tempered products, […]
Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st).
SSAB Americas aims to increase prices on all its products by at least $40 per short ton (st).
The total amount of raw steel produced around the world slipped 3% from October to an estimated 140.1 million metric tons (mt) in November, according to World Steel Association (worldsteel) data. This marks the lowest monthly production rate since December 2023.
Nucor Plate Group notified customers it was aiming to increase all plate product prices by $40 per short ton (st).
Domestic raw steel production edged lower last week, according to the latest data released by the American Iron and Steel Institute (AISI).
U.S. Steel’s board of directors has approved the funding for the full $350-million Gary Works blast furnace (BF) reline project.
Nucor raised its weekly hot-rolled coil spot list price by $10 per short ton (st) this week, marking the company's ninth consecutive increase.
Rocky Mountain Steel Mills has begun hot commissioning a universal rail mill at its mini-mill in Pueblo, Colo.
Steel Dynamics Inc. expects its fourth-quarter earnings to be weaker than in the previous quarter, albeit still higher than last year. Longer-than-expected mill outages impacted flat-rolled steel volumes in the quarter.
Posco has confirmed a 20% stake in a joint EAF mill in Louisiana with fellow South Korean firm Hyundai, an investment valued at $582 million.
Nucor has guided to lower earnings sequentially in the fourth quarter but higher on-year.
Apparent steel supply rose to 8.64 million short tons in September, driven primarily by higher domestic mill shipments despite a sharp drop in finished imports.
Two bids remain for Italy’s shuttered ILVA steelworks, with one belonging to a company headed by steel veteran Alan Kestenbaum, according to a report in Bloomberg.
Martin Baker is joining Hybar as its strategic metallics manager, responsible for further developing the metallics procurement and global strategic initiatives for the Osceola, Ark.-based steelmaker.
SSAB has tapped Tom Cox to lead its Americas division. Currently GM of SSAB Iowa, he'll assume the position of Head of SSAB Americas as of Feb. 1, 2026.
The volume of raw steel produced by US mills ticked higher last week, according to the latest figures published by the American Iron and Steel Institute (AISI).
Nucor increased its weekly hot-rolled coil spot list price by $10 per short ton (st) again on Monday, Dec. 15. This was its eighth increase in as many weeks, moving up $65/st over that span.
Steel mill lead times held relatively steady this week on both sheet and plate products, according to responses from SMU’s latest market survey.
Less than half of the steel buyers who responded to our market survey this week reported that domestic mills are willing to talk price on new spot orders
Plans are in the works to save 500 steelworker jobs at Algoma Steel and to construct two new mills – a plate mill and a beam mill, according to various local media reports.
Mike Mechley, executive vice president of procurement at Zekelman Industries, is retiring after nearly two decades with the Chicago-based company.
Nucor has announced new base prices for galvanized steel products as of Wednesday, Dec. 10.
Domestic raw steel production marginally declined last week, according to the latest data released by the American Iron and Steel Institute (AISI).
Nucor increased its weekly hot-rolled coil spot list price by $10 per short ton (st) on Monday, Dec. 8.
The Pennsylvania Commonwealth Court has sided with Wheatland Tube, a Zekelman Industries company, in a landmark trade ruling that bars public agencies and contractors in the state from using Mexican-made steel conduit in state-funded projects.
U.S. Steel has begun the process of restarting the 'B' blast furnace at its Granite City Works near St. Louis. “After several months of carefully analyzing customer demand, we made the decision to restart a blast furnace,” U.S. Steel President and CEO David B. Burritt said in a statement on Thursday afternoon.
Domestic steel shipments dropped in October vs. September, but increased year over year.
Nippon Steel hopes to pare down a list of sites by next summer and make a final decision by the end of 2026 for a new U.S. Steel plant in the United States.