“More needs to be done to ensure that these illegally dumped and subsidized imports do not continue to distort the American market in a road profitability," Nucor's CEO said.
Ancora has nominated nine board members to U.S. Steel's 12-member board and seeks to install Alan Kestenbaum as CEO to replace David Burritt.
Alan Kestenbaum was the featured speaker at SMU’s Community Chat on Wednesday, where he discussed US Steel, tariffs, climate policy and other topics.
The amount of manufacturers who are optimistic about the next three months rose by 5% to 35%.
The 106” Mill was part of Algoma's plate and strip combination facility.
The incoming administration said it also wants to streamline permitting and roll back regulations.
Denver-based service center Brown Strauss Steel has named Kris Farris as CEO, effective Jan. 1. Farris has also joined the company’s board of directors. He previously served as president and COO of Brown Strauss Steel. Farris is taking over from Ryan Secrist, who held the CEO role since 2013. Secrist is stepping down from position […]
The Department of Energy's Industrial Demonstrations Program page states that it is no longer moving forward with SSAB.
“Price increases, while subdued, picked up,” Richard Deitz, Economic Research Advisor at the New York Fed. “Firms grew more optimistic that conditions would improve in the months ahead.”
He said a new entity would operate under the U.S. Steel name and would retain its Pittsburgh headquarters.
AGC said Trump should be “sparing” in imposing new tariffs and exclude products needed for domestic manufacturing, energy and infrastructure.
The steelmaker is completing construction of two such production facilities in Alabama and Indiana.
The company said the biggest headwind it's facing is the downturn in manufacturing.
Both sides had agreed to extend the current contract to Jan. 15 to continue talks
AZZ Inc. is looking to make some deals after focusing on paying down debt.
Slow construction activity and low steel prices weighed down profits for Commercial Metals Company.
The deal will expand Norfolk’s stainless steel sheet and coil product lines, the company said.
Alkar Steel and Processing supplies hot- and cold-rolled steel, high carbon spring steel, high strength-low alloy steel, coated and stainless steel products throughout the Midwest.
The announcement comes a little more than a year after Borusan acquired Panama City, Fla.-based Berg Pipe for $162 million.
It’s not too late to ask Santa for what you really want this year. We’re less than two months away from the 36th annual Tampa Steel Conference! More than 300 people from over 150 companies have already registered to attend at the JW Marriott Tampa Water Street from Sunday, Feb. 2, to Tuesday, Feb. 4. […]
Most expect activity to hold steady or increase over the next three months.
The Fort Wayne, Ind.-based steelmaker and metal recycler expects Q4'24 earnings guidance in the range of $1.26 to $1.30 per diluted share.
“There’s no sugar coating it – 2024 has been a challenging year,” the economist for ITR said.
Green & Clean Power will supply electricity to Hybar’s mill that is due to begin operations next summer.
Vedoya said the proposed tariffs are "an irrational measure that would harm both their own industry and ours."
Still, many businesses noted increased sensitivity to prices and quality among customers.
During the first 10 months of this year, construction spending rose about 7.2% over last year.
The move comes less than two months after Tavares announced that he would step down in early 2026.
“We are under constant threat from nonmarket economies who evade our trade laws," SMA said.
About 23% of respondents expect an uptick in economic activity in the next three months. That’s an increase over the 13% in October.