Category: Mills

Steel mill lead times increased for both sheet and plate products this week, according to responses from SMU’s latest market survey.

CMC’s earnings jumped in the company's first fiscal quarter of 2026 on strong market conditions in North America.

US steel shipments fell month over month in November but rose year over year.

The auction for the assets of bankrupt Mexican steelmaker Altos Hornos de Mexico (AHMSA) and its mining subsidiary, Minosa, has been postponed, according to various local media reports.

BlueScope has rejected for the fourth time a takeover offer led by Steel Dynamics Inc., believing the offers to be significantly undervalued.

A federal judge in Pittsburgh has ordered U.S. Steel and Algoma Steel to resolve their iron ore pellet contract dispute through arbitration. The decision comes after USS sued the Canadian steelmaker for refusing a shipment of iron ore pellets from U.S. Steel's Minnesota operations in September.

U.S. Steel has bought the Pittsburg, Calif., property where the former USS-POSCO mill was located for $275 million, according to a report in the San Jose Mercury News.

Domestic raw steel production inched higher last week but remains low compared to recent months, according to the latest data released by the American Iron and Steel Institute (AISI)

Australia's BlueScope Steel confirmed it has received a takeover bid from a two-party international consortium that includes Fort Wayne, Ind.-based Steel Dynamics Inc. (SDI).

Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st) for a third week.

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).

Chicago-based pipe and tube producer Zekelman Industries has promoted Kevin Heffernan to president of the company's electrical business.

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.