Reliance profits dip amid trade policy headwinds
Reliance Inc. reported lower profits in the third quarter amid trade woes and abundant inventory in the market.
Reliance Inc. reported lower profits in the third quarter amid trade woes and abundant inventory in the market.
SDI shipped the first product from its biocarbon facility in Columbus, Miss., in September as the project continues to accelerate.
Steel Dynamics Inc.’s third-quarter profits jumped year over year as the company saw “record” quarterly steel shipments
CMC reported higher net earnings in its fiscal fourth quarter on "better market conditions" across its segments.
FabArc Steel Supply announced this week the completion of two large-scale projects in Georgia and Mississippi.
SMU’s Steel Buyers’ Sentiment Indices both fell this week, with Current Steel Buyers’ Sentiment notching the lowest reading since May 2020.
US scrap prices fell on busheling and shredded in October, while HMS remained flat, market sources told SMU.
Mills are more willing to negotiate spot prices for both sheet and plate products, according to our latest market survey results.
Musings on decarb, tariffs, and technology, and where it might be leading.
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.
Nucor has left its consumer spot price for hot-rolled coil at $875 per short ton for the eighth straight week.
A recent IIMA meeting in Brazil shows how the US and much of the rest of the world are operating in parallel realities.
Renowned Nucor Chairman and CEO Ken Iverson would’ve turned 100 on Sept. 18 of this year.
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.
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.
Recycler BL Duke announced on Wednesday the launch of its new steel turnings containment building in Joliet, Ill.
Are you ready to share what you'd like to see happen with the USCMA agreement when it comes up for joint review?
Former United Steelworkers (USW) union International President Leo W. Gerard has died at the age of 78.
Algoma Steel is increasing its credit facility from USD$300 million to USD$375 million due to "market conditions."
A recap of the week in steel.
Nucor's third-quarter earnings will be down quarter-over-quarter, but still higher than a year earlier.
Hyundai has reaffirmed its commitment to build a steel plant in Louisiana following a US government immigration raid at its battery facility in Georgia.
SMU uses ferrous scrap survey data to take AI out on a test drive.
Will a US-UK meeting next week prove a harbinger of tariff deals to come, or will it be just another case of having the rug pulled from under us?
The price spread between prime scrap and hot-rolled coil (HRC) narrowed by a hair this month, according to SMU’s most recent pricing data.
Comments from participants of our Ferrous Scrap Market Survey.
US busheling scrap prices have declined this month, while shredded and HMS tags have remained unchanged, according to market sources.
SMU’s current Scrap sentiment index increased this month while future sentiment declined, according to our latest ferrous scrap survey data.
Robert Kopf has been on U.S. Steel's acquiring side and is now part of the steelmaker's partnership with Japan’s Nippon Steel, and he sees bright days ahead for the steelmaker.