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With Cash to Spend, Steel Dynamics Browses for New Assets

21 Apr 2017 - Steel Dynamics Inc. is keeping an eye out for potential acquisition opportunities -- and has kicked the tires on a few, chief executive Mark Millett told analysts during the company’s quarterly earnings conference call on Thursday.  

Nucor Set to Break Ground on Mexican Galvanizing Plant

21 Apr 2017 - Despite the uncertainty surrounding the United States’ trading relationship with Mexico and the future of the North American Free Trade Agreement, Nucor said it remains committed to building a US$270 million joint venture galvanizing plant there.  

World Steel Association Revises Demand Forecast Upwards

21 Apr 2017 - Global steel demand is expected to rise 1.3% this year to an estimated 1.54 billion metric tons, according the latest short-range outlook from the World Steel Association. 

U.K. Steelmaker to Acquire American Rod Mill

21 Apr 2017 - Liberty House Group, a commodities trader and steelmaker that has cobbled together a portfolio of U.K. production facilities, has a deal to acquire a shuttered mill in the United States.  

Stelco Sale Wins Support of Salaried Employees

20 Apr 2017 - A Canadian steelmaker said it now has handshake agreements with salaried employees and retirees on a proposed acquisition plan.

Tenova Wins Order for Reheat Furnace

20 Apr 2017 - NLMK has awarded a contract to Tenova for a new walking beam furnace at its Lipetsk, Russia, mill.

Investigation to Assess National Security Risks of Steel Imports

20 Apr 2017 - The Trump Administration has opened an investigation into whether steel imports are threatening national security, invoking a seldom-used, 55-year-old law that gives the president the right to restrict imports due to national security concerns. 

Steel Dynamics Sees Increase in Demand, Profits

20 Apr 2017 - Improving steel demand and rising prices allowed Steel Dynamics Inc. to more than double its first-quarter profits, the company said on Wednesday.  

March Was a Banner Month for China's Crude Steel Production

19 Apr 2017 - China set a new crude steel production record in March, making 72 million metric tons and besting the previous record by nearly 2%, according to the price and information service S&P Global Platts.

U.S. Trade Officials Initiate Wire Rod Investigation

19 Apr 2017 - The U.S. Department of Commerce has launched a dumping investigation into carbon and alloy wire rod from 10 countries. 

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