Category: Steel Product Producers

Nucor’s profits fell precipitously in the first quarter, but the company has a rosier outlook for the following quarter.  

Worthington Steel is preparing to move its corporate headquarters to the Easton area of Columbus, Ohio.

Nucor Corp. has promoted Thomas J. Batterbee to the position EVP of human resources and talent and appointed Elizabeth Bledsoe to the newly created position of president of human resources and talent.

GrafTech International reported a wider net loss in the first quarter amid “global economic uncertainty” and “fluid” global trade policies.

Steel Dynamics' top exec thinks Trump’s tariff policies, as well as the results from the recent CORE case, will prove advantageous to the Fort Wayne, Ind.-based steelmaker and aluminum company.

“We remain deeply concerned about the national and economic security implications of the subject transaction,” the union stated in the letter dated April 21.

The US subsidiary of the Acerinox Group has named Clive Grannum as their new CEO.

A factor in the sales was customers buying ahead of tariff-related price increases.

Coil coater AZZ Inc. sees President Trump’s aggressive trade policy stoking demand for coating solutions for steel and aluminum made in the US.

SDI earnings slip in first quarter year over year, but are up sequentially.

Participants on the HARDI Sheet Metal/Air Handling Council call said underlying demand is solid but there are slower pockets in some markets.

AZZ Inc. posted higher earnings in its fiscal fourth quarter, but sales slipped on weather disruptions.

POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.

South Korea’s POSCO is eyeing linking up with Hyundai Steel in the project to build a steel plant in Louisiana, according to media reports.

This is the Ohio-based steelmaker’s fourth time winning the award.

Olympic Steel has named Alex Hegler as general manager for its Action Stainless facility in Rock Hill, S.C.

The company said, “The challenging demand conditions in Europe driven by geopolitical developments, trade and supply chain disruptions and escalating energy costs have affected the operating costs and financial performance."

Elon Musk's DOGE is determining which Department of Energy grants to advance and which ones to terminate, according to several media outlets

Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.

The Canadian steelmaker said its absorbing higher tariffs as it moves forward.

Investment firm Ancora Holdings Group has halted its play for U.S. Steel's board, citing Nippon Steel’s proposed bid for USS “gaining momentum.”

Ancora’s intention to replace U.S. Steel's leadership was first announced in late January.

President Trump has ordered a new review of Nippon Steel’s proposed buy of U.S. Steel, to be completed within 45 days.

Chad Utermark, executive vice president of new markets and innovation, plans to retire effective June 7.

Olympic Steel has opened a new facility in Houston to support its Action Stainless business.

It's the latest twist as the proxy battle heats up for Pittsburgh-based U.S. Steel.

As Hybar nears the completion of its $700-million rebar mill in Arkansas, the company said it is still “actively considering” building other steel facilities in the southern US.

The welded tube maker is closing its only manufacturing facility in Canada after serving the Canadian market for over 35 years.

February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.

The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.