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Nucor's Profits Rise in Second Quarter

21 Jul 2016 - Nucor Corp.’s second-quarter profit rose to US$233.8 million on and improving supply-side conditions, the company reported Thursday.

Nucor Expands Plate-Making Capabilities Through Acquisition

20 Jul 2016 - Nucor Corp. is acquiring a plate mill from a mining equipment manufacturer for about US$29 million, the steelmaker announced on Thursday.

Improving Flat Rolled Market Lifts Profits at Steel Dynamics

18 Jul 2016 - Steel Dynamics Inc. saw its second-quarter profits more than double due in part to improving conditions in the flat rolled sector, the company said on Monday.

Essar Minnesota Names New Chief Executive

15 Jul 2016 - Essar Steel Minnesota has named a new chief executive to help guide the company through Chapter 11 bankruptcy and to help it complete its US$1.9 billion taconite mine and pellet plant, reports the Minneapolis Star Tribune.

NAFTA Panel Mostly Rejects Mexican Challenge to U.S. Duty Order on Rebar

14 Jul 2016 - A North American Free Trade Agreement review panel has generally upheld a finding that U.S. producers had been harmed by unfairly traded Mexican rebar exports.

Forecast: Basic Oxygen Furnaces May Lose More Ground to Their Electric Counterparts

11 Jul 2016 - The American steel industry’s energy consumption likely will decline over the next 25 years, and steelmaking will tip even more toward electric arc furnaces, according to a long-range forecast from the U.S. Energy Information Administration.

Algerian Joint Venture Orders Midrex DRI Plant for New Long Products Mill

14 Jun 2016 - Midrex Technologies Inc. and partner firm Paul Wurth have been awarded a contract to design and equip a direct reduction iron plant in Algeria, the companies have announced.

Steel Market Conditions Prompt Mitsubishi Heavy Industries to Reduce Costs at Primetals Venture

13 Jun 2016 - In the face of a weak steel market, Mitsubishi Heavy Industries Ltd. is looking to cut costs at its Primetals Technologies venture, reports the Bloomberg news service.

Steel Dynamics Expects Profitable Second Quarter on Improvements in Flat Rolled Market

13 Jun 2016 - U.S.-based Steel Dynamics Inc. expects to nearly double its second-quarter profits over the first quarter due to better metal spreads and increased shipments, the company said on Monday.

Primetals Signs Contract for Furnace Upgrades at German Mill

07 Jun 2016 - Primetals Technologies has won an order to modernize the electric arc furnace at BGH Edelstahlwerke GmbH’s Freital facility in Germany.

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