
CMC Q4 profits rise on improved market conditions
CMC reported higher net earnings in its fiscal fourth quarter on "better market conditions" across its segments.
CMC reported higher net earnings in its fiscal fourth quarter on "better market conditions" across its segments.
International trade is going through one of its most significant upheavals in decades. Allies and partners are coping with disruption caused by unfair trade practices and overcapacity, particularly in the steel sector. However, as advanced economies are finding new ways to protect their national industries from the impacts of these disruptive elements, it’s important to […]
FabArc Steel Supply announced this week the completion of two large-scale projects in Georgia and Mississippi.
As it accelerates an ambitious push to reshore American bicycle manufacturing, Guardian Bikes is seeking special tariff consideration for the bicycle industry.
After being historically strong for more than four months, US raw steel production fell for a second week.
Olympic Steel Inc. has appointed Larry N. Norred, Jr. to the role of general manager for its Buford (fabrication) and Winder (metal processing) operations in Georgia.
Canada's Nova Steel has fully acquired all of the assets of Ohio's Sheffield Steel Products.
AZZ Inc. delivered steady results in its fiscal second quarter. While infrastructure-heavy work buoyed its Metal Coatings segment, its Precoat Metals business navigated softer building markets and tariff-driven uncertainty.
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.
US raw steel output declined last week after increasing the week prior, according to the latest data from the American Iron and Steel Institute (AISI). Output has see-sawed from week to week since mid-August. Still, it has remained historically strong over the past four months and has held near multi-year highs since June. Domestic mills […]
Gerdau is repositioning its North American business to capitalize on a sharp shift in steel trade flows driven by elevated tariffs across the US, Canada, and Mexico.
Warrior Met Coal has paid the Bureau of Land Management (BLM) $46.8 million in a lease sale of federal land it will use to expand its operations in Tuscaloosa County, Ala.
Representatives of at least six companies interested in acquiring AHMSA have reportedly begun to carry out physical inspections of the insolvent company’s assets.
Jack Biegalski, former president and CEO of American Heavy Plates, has been named the new CEO of the Esmark Steel Group.
The Italian government has received 10 offers for the former Ilva integrated steel works at Taranto, but only two bidders are interested in purchasing all of the company’s assets.
The United Steelworkers (USW) is pushing for transparency after Algoma Steel announced earlier this week that it has received CA$500 million in financing from the Canadian government.
National service center chain Olympic Steel has made an internal promotion to fill the newly created role of director of manufactured metal products.
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.
The seven facilities Russel agreed to purchase are located in Iowa, North Carolina, Georgia, Texas, and Florida.
Upended by the Trump regime's tornado of tariffs, Algoma Steel is pivoting on its cross-border business model, shifting its focus to supplying the Canadian market.
German service center Klöckner and Co. has agreed to sell seven of its US locations to Canadian service center Russel Metals Inc. for approximately $119 million, the companies said in press releases on Sunday.
The White House confirmed it stepped in to block the halting of steel processing at U.S. Steel’s Granite City Works in Illinois, according to media reports.
This week’s announcement represents $300 million of the $11 billion commitment Nippon made for the government's approval to buy USS.
Barry Zekelman has reduced his company’s stake in Canadian steelmaker Algoma Steel.
Worthington Steel saw a strong first quarter to kick off its fiscal 2026 as both profits and sales notched increases.
August marked the second-lowest monthly production rate this year, down 13% from the two-year high of 166.6 million mt in March.