Century Aluminum is proposing to continue operating its 224,000 mt/year Mt Holly smelter in South Carolina at 50% capacity even as the company on Monday began shutting down the first potline in a dispute with its longtime electricity ...
Tags: Century Aluminum, electricity
Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...
Tags: Samarco, iron ore miner, coals
Nucor Corporation announced Wednesday guidance for its third quarter ending October 4, 2014, expecting results to be in the range of $0.70 to $0.75 per diluted share, which represents an increase from both the third quarter of 2013 and ...
Tags: Nucor, Structural steel
Global steel giant ArcelorMittal and Brazilian steelmaker Gerdau have jointly announced that they have entered into a definitive transaction agreement to sell their respective 50 percent interests in Gallatin Steel Company (Gallatin) to ...
Tags: Gallatin Steel, Nucor, ArcelorMittal
Nucor Corporation announced Thursday consolidated net earnings of $147.0 million for the second quarter of 2014. By comparison, Nucor reported net earnings of $111.0 million in the first quarter of 2014 and net earnings of $85.1 million in ...
Tags: Nucor Corporation
SSAB Americas announced price increases for as-rolled plate, cut-to-length plate and hot-rolled coils by a minimum of $30/st and a minimum increase of $50/st for normalized, quenched and tempered plate, according to a letter sent to ...
Tags: Steel Plate, SSAB Americas
US shredded steel scrap availability tightened and prices inched up as the June mill procurement period came to a close, market sources said Friday. Mills reentering the market late in the week to acquire additional shredded material ...
Tags: Steel Scrap, shredded material
The $156 million final judgment against Nucor Corp. Reliance Steel & Aluminum Co., American Alloy Steel Inc. and JSW Steel (USA), for conspiring to drive competitor MM Steel LP out of business was delayed Monday by US District Judge Kenneth ...
Tags: Metallurgy, Mineral, Energy
Louisville, Kentucky-based Steel Technologies LLC announced Tuesday its agreement to purchase Stripco LLC, Stripco Sales Company, LLC, and Stripco Express Inc. (collectively, “Stripco”). Stripco is a premier value-added steel ...
Tags: Steel Technologies, Steel
Steel Dynamics Inc. announced Tuesday weak guidance for the first quarter of 2014, citing harsh winter weather that resulted in higher energy costs, transportation difficulties, and decreased production and shipments. The company expects ...
Tags: Steel Dynamics, metal
The US Department of Commerce announced Friday that it has initiated antidumping and countervailing duty investigations of imports of carbon and certain alloy steel wire rod from China. Estimated dumping margins have been set at ...
Mexican steel producer DeAcero released a request Thursday that the US Department of Commerce avoid trade disputes with Mexico and focus on the defense of NAFTA regions, which receive unfair imports from China and the European Union. In ...
Tags: DeAcero, Rebar Mills
Nucor Corp. and Wilmington, Delaware-based Asia Fastening were assigned Tuesday a patent (8,621,806) developed by four co-inventors for a "composite joist floor system." The co-inventors are Glenn Wayne Studebaker, Norfolk, Nev., David Lee ...
Tags: Nucor, Asia Fastening, patent, composite joist floor system
Nucor Corporation (NYSE: NUE) announced the successful start-up of production at our direct reduced iron (DRI) facility in St. James Parish, Louisiana. Production of DRI began on Tuesday, December 24, and has continued at planned ramp-up ...
Tags: steel, metallurgy
Nucor Corporation announced Friday the successful start-up of production at its direct reduced iron (DRI) facility in St. James Parish, Louisiana. Production of DRI began on Tuesday, December 24, and has continued at planned ramp-up levels ...