Category: Mills

NLMK has revised their galvanized and galvanneal coating extras effective January 2026.

Nucor has promoted Stephen D. Laxton, currently CFO and EVP, to president and COO, effective Jan. 1.

Sources expect the recent spot market price hikes on domestically produced plate products to be accepted by the market.  

Lock Joint Tube has acquired the Tectron mechanical tube product line and associated manufacturing facility in De Pere, Wisc., from Atkore Inc.

The volume of raw steel produced by US mills eased last week, according to the latest figures released by the American Iron and Steel Institute (AISI).

Steel Dynamics Inc. (SDI) said on Monday it has completed the acquisition of the remaining 55% equity interest stake in New Process Steel. 

Canada’s Algoma Steel announced ~1,000 layoffs on Monday as a result of disruptions from the US tariff situation.

Oregon Steel Mills has joined other producers, announcing a price increase of at least $40 per short ton for steel plate.

ArcelorMittal Dofasco and Stelco are aiming to increase spot market base prices by a minimum of CA$100 per short ton (US$72/st), effective immediately.

Nucor increased its weekly hot-rolled coil spot list price by $5 per short ton (st) on Monday, Dec. 1. This was its sixth increase in as many weeks, moving up $45/st over that span.

Algoma Steel CEO Michael Garcia has been recognized by Canada’s The Globe and Mail newspaper as “CEO of the Year: Corporate Citizen.”

SMU’s latest steel buyers market survey results are now available on our website to all premium members.

Steel mill lead times extended this week on all sheet and plate products tracked, according to responses from SMU’s latest market survey.

President Donald Trump has officially invoked his “golden share” in U.S. Steel, making two related appointments.

Republic Steel’s shuttered facilities in Lorain, Ohio, could find new life as international steelmakers, citing US tariffs, explore restarting operations there.

SSAB Americas aims to increase prices on all its products by at least $40 per short ton (st).

Domestic steel production improved last week, according to the latest figures from the American Iron and Steel Institute (AISI).

Nucor increased its weekly hot-rolled coil spot list price by $5 per short ton (st) on Monday, Nov. 24. This was its fifth increase in as many weeks.

Following four consecutive monthly declines, world crude steel output recovered 1% from September to October to an estimated 143.3 million metric tons (mt), according to the World Steel Association (worldsteel).

Across BlueScope as a whole, it was the North Star operations in Delta, Ohio, that shone brightest in the Australian company's first-half fiscal 2026 trading update.

ArcelorMittal's Mexican operations have faced a turbulent stretch over the past two years, marked by labor unrest and operational setbacks at its Lázaro Cárdenas steelworks.

We’ve been writing a lot about steel prices lately and what might happen with President Trump’s trade and tariff policy. I’d like to take a little break from that today. Instead, I'll focus instead on something I always find exciting and inspiring – namely, new mills.

SunCoke Energy Inc. and Cleveland-Cliffs Inc. have agreed to extend their coke supply agreement for another three years.

Algoma Steel plans to continue its transition to electric-arc furnace (EAF) steelmaking using the CA$500 million in loans from the Ontario provincial and Canadian federal governments.

U.S. Steel’s Arkansas facilities provided more than $2 billion to local and state economies in fiscal year 2024, according to a newly released economic impact report.

Domestic steel production dipped last week, but was still above the year-to-date weekly average and the same week a year earlier.

Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil for a fourth consecutive week. Now at $910 per short ton (st), up $15/st from last week.

ArcelorMittal sees green shoots in North America despite tepid demand.

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

JSW Steel USA aims to increase steel plate prices by at least $40/short ton.