Category: Mills

Line pipe manufacturer Welspun Tubular LLC has announced a $150-million expansion project at its site in Little Rock, Ark.

U.S. Steel’s Clairton Coke Works experienced a powerful blast at 10:51 a.m. local time on Monday. First reports suggest the explosion sparked a destructive fire at the site.

Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.

Friedman Industries’ fiscal first-quarter earnings nearly doubled from a year ago.  

Hot rolled spot market participants reported another week of moderate demand and ample supply, with no strong signs that conditions will change next week. 

SunCoke Energy completed its previously announced $325-million acquisition of Phoenix Global on Friday, Aug. 1.

Truchas works in Lazaro Cadenas, Michoacan, western Mexico. Repairs may take up to six months.

Nippon Steel earnings take hit from buy of U.S. Steel.

Her insatiable curiosity and desire to solve complex problems remain at the forefront of O’Neal Steel President and CEO Jodi Parnell’s success in the steel industry. Parnell is as fluent in employee management styles as she is in managing successful client technology adoption.

Olympic Steel's earnings fell in the second quarter amid an "unprecedented" environment in the metals industry.

Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.

Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.

Canada’s Algoma Steel saw a sharp loss in the second quarter amid a continued challenging market environment and “tariff uncertainties.”

SunCoke Energy reported a steep year-on-year drop in second-quarter earnings, weighed down by weaker coke sales and logistics volumes. Still, the company reaffirmed its full-year outlook and moved closer to acquiring Phoenix Global.

Resilient demand across its steel product lines, combined with the continued ramp-up of key expansion projects, drove Nucor’s improved financial results and record-setting performance in the second quarter. That’s according to company executives speaking on an earnings conference call on Tuesday.

Ryerson’s earnings slumped in the second quarter amid “recessed” demand.

U.S. Steel (USS) appointed three new, independent US members to its board of directors, the company announced.

GrafTech International attributed its second-quarter net loss to a non-cash tax expense and lower weighted average realized prices.

Nucor reported a sharp sequential rebound in the second quarter, buoyed by improved pricing and strong shipments. But the steelmaker is bracing for a modest slowdown in the months ahead.

Cleveland-Cliffs is idling blast furnace, BOF shop, and continuous caster functions at its Dearborn plant, but downstream operations will remain unaffected, the company confirmed.   Cliffs said its pickling line tandeom cold mill (PLTCM) and its extra wide automotive-grade galvanizing line for exposed parts will continue operations at the Dearborn, Michigan-based facility.

Nucor maintained its weekly list price for hot-rolled (HR) coil flat this week, following a price cut the previous week.

With 30 years of experience at Steel Dynamics, Barry Schneider reflects on the company and the state of the steel industry.

Algoma Steel applied to Canada’s federal Large Enterprise Tariff Loan (LETL) program for $500 million to support its long-term operations.

Reliance Inc. reported record second-quarter tonnages, with 1.62 million tons sold in the second quarter of 2025, a 4% increase year over year (y/y).

Steel Dynamics Inc. (SDI) executives called a 50% tariff on Brazilian pig iron “concerning,” but think tariffs will be a “mainstay” of trade agreements going forward.

SDI profits slipped in second quarter amid trade policy volatility.

Cleveland-Cliffs lost more than $400 million for the third consecutive quarter but predicted results would improve in the second half of the year. And shares of the Cleveland-based steelmaker surged after company executives said during its Q2 earnings call on Monday that they could make billions by courting foreign investors or selling assets.

Algoma Steel expects a narrower sequential loss in the second quarter, but the company continues to be impacted by the US tariff situation.

Now that it has acquired U.S. Steel, Nippon Steel is planning a significant expansion of its US operations, including the construction of a new mill and more than doubling its steel output.