Category: Steel Product Producers

Nucor expects third-quarter earnings to be lower sequentially and on-year, the steelmaker said in earnings guidance on Thursday.

Richard Fruehauf, U.S. Steel's chief of strategy and sustainability officer, spoke at Reuter's Industry Transition 2023 conference on Tuesday, Sept. 12.

Kenwal Steel has hired Dean Kreuzer to the newly created position of vice president of strategy and business development.

A Stellantis executive detailed today the progress the automaker is making with the United Auto Workers (UAW) union as a “good path” ahead of Thursday’s contract deadline.

Luxembourg-headquartered ArcelorMittal has placed the contract for a reversible 6-high cold rolling mill to produce high-grade, non-oriented silicon steel strip (NGO) for use in electric motors. The unit will be installed at the group’s Mardyck plant near Dunkirk in northeastern France where it is adding a 200,000 t/y rolling mill to produce electrical steels for electric vehicles […]

Tenaris is planning to restart its operations in Blytheville, Ark.

Cleveland-Cliffs said on Friday its United Steelworkers (USW) union employees at its Northshore Mining operations in Minnesota have ratified a new three-year labor agreement.

Unifor, the union representing Canadian autoworkers, among others, has chosen Ford Motor Co. as the target automaker in its labor negotiations with the Big Three Detroit automakers.

US Senator JD Vance (R., Ohio) said U.S. Steel must not be bought by a foreign bidder, according to an op-ed he published on Sept. 5 in the Washington Post.

United Auto Workers (UAW) president Shawn Fain said Wednesday the union plans to strike against any Detroit automaker with which it hasn’t reached an agreement by the time the labor contract expires, according to an interview with the Associated Press.

Boston Metal has closed on another round of financing, allowing it to move forward with bringing its breakthrough steelmaking technology to market.

Nucor Corp. will lower plate prices by $40 per ton ($2 per cwt) with the opening of its October order book.

Steel mill lead times were largely unchanged this week, with hot rolled extending slightly and plate falling back marginally.

The overall mill negotiation rate slipped this week, though plate jumped, rising by 25 percentage points, according to SMU's most recent survey data.

Radius Recycling, formerly Schnitzer Steel Industries, said the company’s common stock will start trading on NASDAQ under the symbol ‘RDUS’ at the open of market trading on Sept. 1.

Cleveland-Cliffs Inc. and the United Steelworkers (USW) at Cliffs’ Northshore Mine in Minnesota have reached a tentative labor agreement.

Although some construction companies have a backlog, many jobs are getting put on hold, according to members of the Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) Sheet Metal/Air Handling Council.

Nucor broke ground on its newest micro mill in Lexington, N.C., on Friday.

U.S. Steel’s ‘strategic alternatives’ process is continuing. This week the Pittsburgh-based steelmaker confirmed to shareholders that it has entered into nondisclosure agreements (NDAs) and has begun due diligence on a potential sale.

United Auto Workers (UAW) at battery cell maker Ultium Cells in Lordstown, Ohio, ratified an interim labor agreement over the weekend.

President and CEO of Ternium Mexico Cesar Jimenez discussed positive demand trends and challenges in the Mexico market with SMU managing editor Michael Cowden during a fireside chat on Tuesday, Aug. 22 at the SMU Steel Summit in Atlanta.

In a Steel Summit fireside chat, Karla Lewis, president and CEO of service center group Reliance Steel & Aluminum, sat down with SMU managing editor Michael Cowden to talk about current demand trends and where she’s leading her company.

The United Autoworkers (UAW) union said Friday its strike authorization vote passed “with near universal approval” from its members at the Detroit 3 automakers.

Cleveland-Cliffs has laid out a path forward for its potential purchase of U.S. Steel.

Nucor executive Daniel Needham detailed at this year's Steel Summit what’s on the horizon for the steelmaker as the company continues to diversify.

Esmark has withdrawn its bid for U.S. Steel.

A wide-ranging discussion on the SMU Steel Summit 'Domestic Steel Panel: Investing for the Future' saw executives from leading steel companies debate the likelihood of passing on a surcharge to consumers for products with lower CO2 content.

Domestic raw steel production saw another upward bump last week, according to data released by the American Iron and Steel Institute (AISI) on Monday, Aug. 21.

Ford Motor is getting white-collar workers ready to do blue-collar jobs at parts depots in the event of a strike, according to an article in The Detroit Free Press on Thursday.

The United Steelworkers (USW) union is standing firm in its backing of Cleveland-Cliffs’ bid for U.S. Steel.