Tag: Gerdau

Nucor and Gerdau have announced price increases for merchant bar quality (MBQ) products. The Nucor Bar Mill Group informed customers on Oct. 8 that it was raising prices on all MBQ products by $30 per short ton (st). The move is effective for new orders received after the close of business on Oct. 8. “All confirmed orders as of the close of business on October 8th, 2026 will be price-protected if shipped by end of business day, October 22th, 2026,” Nucor noted in a letter to customers.

Long steel producers are seeking to raise prices for merchant bar quality (MBQ) products.

Gerdau reported stronger results from its North American operations in the second quarter, with EBITDA up 15% from the prior quarter on firm demand and high asset utilization.

Gerdau’s North American operations reported increased profits in the first quarter on higher prices and shipments.

Gerdau’s North American operations closed the fourth quarter of 2025 with another solid performance, according to its parent company’s most recent financial report. Supporting the steelmaker are resilient demand in key end-use markets and a continued rebalancing of domestic supply and imports.

Gerdau’s North American profits rose in the third quarter, boosted by a decline in imports due to Section 232 steel tariffs.

Gerdau is repositioning its North American business to capitalize on a sharp shift in steel trade flows driven by elevated tariffs across the US, Canada, and Mexico.

The increases are effective June 6.

Brazilian long products producer Gerdau is now considering siting a 600,000 ton per year specialty steel plant in the United States, rather than Mexico as initially planned, in the wake of President Donald Trump’s imposition of 25% tariffs on steel imports into the US.

Gerdau Long Steel North America completed its previously announced acquisition of Dales Recycling Partnership, a Tennessee-based operator and processor of ferrous and nonferrous scrap, on Nov. 1.

Gerdau Long Steel North America plans to acquire Dale’s Recycling Partnership, a Tennessee-based operator and processor of ferrous scrap.

There are just 40 days left until the 2024 SMU Steel Summit gets underway on Aug. 26 at the Georgia International Convention Center (GICC) in Atlanta. And I’m pleased to announce that it's official now: More than 1,000 people have registered to at attend! Another big development: The desktop version of the networking app for the event has officially launched!

Now that June has arrived, the official countdown until SMU’s Steel Summit 2024 – North America’s premier flat-rolled steel conference – has begun. If you haven’t already registered, don’t delay. More than 700 attendees from more than 300 companies have already registered to be in Atlanta this August. In short, it’s poised to be another […]

Sufficient inventories resulting in softer demand continued to drag down US longs prices this month. Furthermore, lower scrap prices in May added to the downward pressure and expectations for June scrap are turning increasingly bearish. Import interest was also limited, particularly as competition among domestic producers rose.

We’re just a few months away from SMU’s Steel Summit 2024 – North America’s premier flat-rolled steel conference.

Brazil-based Gerdau has announced it will carry out a feasibility study into the greenfield development of a 600,000 metric-ton-per-year (mt) special steel plant in Mexico.

SBQ producer Alton Steel Inc. (ASI) has appointed a new chief executive.

Declining demand and a challenging economic environment impacted Gerdau’s shipments in North America during the third quarter.

ArcelorMittal said it expects to produce less steel than previously forecast in Brazil. Gerdau has hinted at potential layoffs as imports surge. The Brazil Steel Institute is asking the government to raise import levies to 25% from the existing 9.6%. Meanwhile, Mexico has applied levies to some steel imports.

Longs producer and metal recycler Gerdau reported lower second-quarter production and shipments due to several mill outages.

We are counting down the days until SMU’s Steel Summit Conference on Monday-Wednesday, Aug. 21-23, in Atlanta. It’s only a little over two months away. Approximately 755 people have already registered. Our discounted room blocks are almost gone. Register here. The event will again be held at the Georgia International Convention Center, a massive conference center in close […]

Brazilian steelmaker Gerdau has confirmed a planned outage at its mill in Whitby, Ontario. “Gerdau confirms a planned outage in its Whitby, Ontario mill. Rolling operations will undergo routine annual maintenance, lasting two weeks. The melt shop will experience a longer outage, beginning in late April and lasting approximately six weeks,” a spokesperson for the […]

A research team at the Missouri University of Science and Technology will be using a $2 million government grant to improve the operating efficiency of electric-arc furnace (EAF) steelmaking. The Missouri S&T research team is being led by Dr. Ronald O’Malley, the F. Kenneth Iverson Endowed Chair of Steelmaking Technologies and director of the Kent D. […]

Gerdau Long Steel North America aims to increase prices for most merchant, structural, miscellaneous beams, and piling product by $50 per ton ($2.50 per cwt). The move is effective with new orders as of Monday, March 13, the steelmaker said in a letter to customers the same day.  But orders confirmed as of the close […]

 By now, anyone who works in the steel industry understands how important sustainability is. Steel is the most recycled material in the world, and recycled steel is a prominent ingredient in electric-arc furnace (EAF) steelmaking. Steel Market Update’s final Spotlight of 2022 gets into sustainability with Philip Bell, president of the Steel Manufacturers Association (SMA), […]

Michael McQuade, Algoma Steel’s chief executive officer, will retire on June 1. Michael Garcia has been named to succeed him. McQuade will continue to serve on the company’s board of directors, where Garcia will also join concurrent with his appointment as CEO, the company said. “Mike McQuade has provided exemplary leadership through this transition period, […]

We are now 140 days away, and I am getting very excited about this year’s SMU Steel Summit Conference. The agenda is coming together nicely, we have several new speakers, and I continue to work on a few special projects that I think you will enjoy. The conference dates are August 22-24, and the conference will be […]

We are now 140 days away, and I am getting very excited about this year’s SMU Steel Summit Conference. The agenda is coming together nicely, we have several new speakers, and I continue to work on a few special projects that I think you will enjoy. The conference dates are August 22-24, and the conference will be […]

Philip Bell, president of the Steel Manufacturers Association, has been selected as chairman of the National Association of Manufacturers’ Council of Manufacturing Associations for 2022. Made up of 260 industry-specific manufacturing associations representing 130,000 companies worldwide, the CMA creates powerful partnerships across the industry and ensures manufacturers have the strongest possible voice, NAM said. “Steelmakers and […]

Once Produced…Can We Even Get It Shipped? Transportation issues continue to plague the flat-rolled and plate steel markets. It’s bad enough that many steel mills are running one to four weeks late against their original promise date. We are hearing once the steel is produced it can take days to weeks of waiting for a […]