Category: Mills

Nucor executives said US steel demand remains stable, with pockets of strength in data centers, energy, border fence work, and infrastructure.

SSAB Americas’ revenue fell in the first quarter as negative currency effects outweighed higher steel prices.

Nucor's new, 3-million-ton-per-year sheet mill in Apple Grove, W.Va., has reached "about 85%" completion, with commissioning now underway.

The volume of raw steel produced by US mills eased last week but remains within earshot of the multi-year high set one week prior

Nucor is entering the second quarter "with real momentum," according to its chief executive, as the company reported soaring first-quarter sales and profits.

Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,065 per short ton (st), a $10/st increase from last week.

Sheet market participants reported steady to elevated demand over the past week. But while spot prices continued to edge up, some sources said lead times were becoming more closely aligned to industry norms.

World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) totaled an estimated 159.9 million metric tons in March. Production jumped 12.8% from a shorter February, but was down 4.0% from March 2025, according to newly released data.

France’s Air Liquide is investing more than $350 million to expand industrial gas production and infrastructure in support of the proposed Hyundai-POSCO EAF mill in Louisiana.

US Trade Representative (USTR) Jamieson Greer said Mexico should not expect the upcoming USMCA review to result in the removal of US steel and aluminum tariffs, according to media reports.

In a Final Thoughts las week, I asked “Got Steel?” And if you’re looking for spot tons in June, the answer still isn’t obvious.

Steel Dynamics Inc’s chief executive is bullish on M&A opportunities despite the rejection of its joint bid for Australia’s BlueScope Steel.

Domestic mill production ticked up to a new multi-year high last week, according to recently published American Iron and Steel Institute (AISI) figures.

Steel Dynamics Inc.’s first-quarter 2026 earnings soared on record steel shipments and a jump in steel prices.

Cleveland-Cliffs Inc. executives on Monday detailed a series of operational moves aimed at improving efficiency, lowering costs, and tightening the company’s production footprint.

Cleveland-Cliffs Inc. reported improving supply-demand fundamentals in the first quarter and expects stronger conditions through the rest of 2026.

Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,055 per short ton (st), a $10/st bump from last week.

Core to the negotiations will be the need for a fundamental rebalancing of the relationship between the United States, Mexico, and Canada - especially when it comes to the steel and autos supply chain.

Rocky Mountain Steel Mills has signed a new seven-year contract with Union Pacific Railroad for the domestic production of steel rails.

Participants in the hot- and cold-rolled coils market are optimistic about the market's health.

Service centers held only 2.24 months of supply (49.3 days of supply) of sheet products in March, according to our latest figures. If you check our archives, you’ll see that's the lowest sheet inventories we’ve seen since June 2021 – which was hardly a bad year for steel.

Steel mill lead times remained elevated this week, according to buyers responding to our latest market survey.

There are several factors buttressing the ferrous scrap market against it seasonal fall in the spring months. We all know about the Iran War and the rise in fuel costs. Other factors include strong steelmaking activity, rising steel prices, lighter inbound scrap flows, and firm export markets.

U.S. Steel announced plans to restart tin production at its Gary Tin Mill at the integrated Gary Works steelmaking facility outside Chicago.

Nucor announced its fuel surcharge for plate will be at least $10 per short ton, effective with shipments beginning May 1.

Hyundai Steel and France-based Fives Group announced the signing of a contract for coil finishing lines for the Hyundai-POSCO joint steel mill proposed in Louisiana.

Canada’s ArcelorMittal Dofasco completed the final push of coke at its No. 3 Coke Plant on April 13. It marks the beginning of a controlled shutdown and the next step in the company’s decarbonization pathway, first announced in 2021.

Raw steel production increased for the fourth-consecutive week last week to a new multi-year high, according to the American Iron and Steel Institute (AISI).

Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,045 per short ton (st), a $5/st bump from last week.

Remember the “Got Milk?” advertising campaign of the 1990s. Maybe we should start a “Got Steel?” campaign. Or maybe “Got Spot Tons?” would be more accurate, if less catchy.