
Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.
CEO Geoff Gilmore praised his employees for gaining market share, filling open capacity, and exceeding customer expectations.
USS shuffles leadership deck after deal closes with Nippon.
With the marking of the EAF’s first heat earlier this month, the mill has moved from a rerolling and finishing mill to a full steelmaking facility.
Worthington Steel earnings rose while sales fell in its fiscal fourth quarter.
“Economically, the business case for products made in the us has become a lot more attractive," the CEO told Fox Business.
Global raw steel production rose 2% from April to May, slightly above average production levels seen in recent months, according to data recently released by the World Steel Association (worldsteel).
Nucor gives update on cyberattack from May.
CMC entered the back half of its fiscal year with improving steel margins, steady rebar demand, and confidence in long-term construction fundamentals
Cleveland-Cliffs announced the commissioning of its new Vertical Stainless Bright Anneal Line at its Coshocton Works facility in Coshocton, Ohio, on Friday.
The project is facing technical challenges related to upgrading the electric grid.
The projects are expected to be complete by the end of first quarter 2027. Three scheduled outages will be taken to accommodate the work, Danieli said.
Higher prices are boosting the performance of Nucor’s steel mills segment in the current quarter, the company said on Wednesday.
Steel Dynamics Inc. (SDI) expects stronger second-quarter sequential earnings when it releases its full earnings report on Monday, July 21st.
Nippon Steel and USS have finalized their "partnership" in a deal first announced in December 2023.
President Trump has approved the sale of U.S. Steel to Nippon Steel, according to an executive order signed on Friday, June 13. Both the Pittsburgh-based steelmaker and the Japanese steelmaker cheered the development.
A Nippon executive has hit back regarding the deal for USS following President Trump's talk of a "golden share" on Thursday.
Friedman Industries' earnings increased in its fiscal fourth quarter ended March 31.
President Trump says the US government will hold a 51% stake in U.S. Steel after the Nippon deal.
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.
There has been little word from U.S. Steel, Nippon Steel, or the White House since President Trump endorsed the companies’ “partnership” on social media and celebrated it at the May 30 rally outside Pittsburgh.
US steel mills saw a decline in shipments from March to April.
The startup steelmaker produced its first rebar at its greenfield steel mill in Osceola, Ark., marking a key milestone by completing construction in 22 months.
Cleveland-Cliffs Chairman, President, and CEO Lourenco Goncalves said he would keep one mill idled and still plans to idle another despite increased protections from Section 232 tariffs doubling to 50%.
The Ohio-based steel processor is now the majority owner of Italy's Sitem Group, which has six manufacturing sites across Italy, Switzerland, Slovakia, and France.
At a rally celebrating a “planned partnership” between U.S. Steel and Nippon Steel, President Trump announced higher tariffs on steel and aluminum imports into the United States, and revealed few more details on Nippon’s investment in USS’ operations.
SunCoke Energy has purchased Phoenix Global, a metals and mining services company, for $325 million.
In a social media post, President Donald Trump said a planned partnership between Nippon Steel and U.S. Steel will add $14 billion to the US economy and ensure USS remains headquartered in Pittsburgh.
President Donald Trump on Friday gave his blessing to a $14-billion "partnership" between Nippon Steel and U.S. Steel.
Cleveland-Cliffs opened its June order book for spot material at $910 per short ton (st).