Across industries and nations, it’s clear sustainability is the path towards the future. Moving ahead means creating dialogue and building bridges. For Nucor, building bridges means reaching out to new audiences. Actually, it also literally means soon building bridges from the plate made at its Brandenburg mill in Kentucky.
Radius Recycling anticipates a wider loss in its fiscal second quarter vs. the first quarter, according to preliminary results.
Eastern Metal Building Products LLC has announced the acquisition of construction products manufacturer Super Stud Building Products.
Volkswagen employees at its assembly plant in Chattanooga, Tenn., have filed a petition with the National Labor Relations Board to become part of the United Auto Workers (UAW) union.
U.S. Steel expects higher earnings in the first quarter of this year vs. the previous quarter.
SMU’s Current Steel Buyers’ Sentiment Index edged down while the Future Sentiment Index ticked up, according to our most recent survey data
Nippon Steel has reaffirmed the value of its deal for U.S. Steel a day after President Biden issued a statement opposing the sale.
Nucor said on Thursday afternoon it expects higher profits in the first quarter vs. the previous quarter but lower than a year earlier.
President Biden said on Thursday that it’s “vital” for U.S. Steel to remain an American steel company.
Steel buyers found mills more willing to negotiate spot pricing on the products SMU tracks with the exception of hot rolled, according to our most recent survey data.
The spread between hot-rolled coil (HRC) and prime scrap prices has narrowed for the third consecutive month in March, according to SMU’s most recent pricing data.
US senators have introduced the "Stop Mexico’s Steel Surge Act," which seeks to reimpose 25% Section 232 tariffs on Mexican steel imports.
What does it mean to be a domestic steelmaker in the 21st century? Of course, that idea is open to interpretation. The vibrancy of the US industry is a testament to that. Between integrateds, EAFs, how to approach decarbonization, downstream ventures, American innovation goes in many directions.
AM/NS Calvert CEO Chuck Greene has announced his retirement as CEO, effective March 15.
US ferrous scrap prices fell steeply in March for HMS, shredded, and prime scrap, sources told SMU.
U.S. Steel has announced an investment in Freespace Robotics, a Pittsburgh-based manufacturer of robotic storage and retrieval systems.
Jemison Metals has announced a definitive agreement to buy Advanced Metal Components Inc. The Birmingham, Ala.-headquartered supplier of flat-rolled products said the transaction is scheduled to be completed on or before March 29. Further terms of the deal were not disclosed.
The Dodge Momentum Index (DMI) slipped in February from the previous month, according to the latest Dodge Construction Network (DCN) data.
US steel mill shipments increased in January vs. December but fell from a year earlier,
Worthington Steel began trading publicly on New York Stock Exchange on Dec. 1. In one sense, this marked the “finish line” of the company’s separation process. As the company gets ready to release its first earnings report as a standalone company, president and CEO Geoff Gilmore reflected on the journey, and what lies ahead.
India’s JSW Steel has selected steel industry veteran Robert Simon as CEO of JSW Steel USA.
AZZ – Precoat Metals has announced the promotion of Jeff Vellines to president of the company.
United Steelworkers (USW) union members in Canada have reached a tentative labor agreement with CN Rail.
Northwest Pipe posted lower earnings in the fourth quarter as the company said it faced significant challenges in its steel pressure pipe (SPP) and precast businesses in full-year 2023.
US manufacturing activity continued to slump in February, contracting for the 16 consecutive month, according to the latest report from the Institute for Supply Management.
The American Iron and Steel Institute (AISI) is urging Congress to strengthen US trade laws. Specifically, Kevin Dempsey, president and CEO of AISI, asked Congress to incorporate the provisions of the Leveling the Playing Field 2.0 Act in any trade legislation that moves forward this year.
Cleveland-Cliffs CEO Lourenco Goncalves said he blames U.S. Steel’s lack of participation in the tin mill products trade case for an unfavorable US International Trade Commission (ITC) decision.
Steel buyers generally found mills more willing to negotiate spot pricing on the products SMU surveys this week, according to our most recent survey data.
Mexico has said it will place retaliatory steel tariffs on the United States if the US acts to reimpose Section 232 on its neighbor, according to an article in Reuters.
Metalformers expressed increased optimism about business activity this month, according to the February 2024 Precision Metalforming Association (PMA) Business Conditions Report.