UAW Strike Hits Stellantis’ Largest Plant
The United Auto Workers (UAW) union expanded its strike on Monday morning, hitting Stellantis’ largest plant.
The United Auto Workers (UAW) union expanded its strike on Monday morning, hitting Stellantis’ largest plant.
India's JSW Steel said lower steel prices and adverse market conditions affected the performance of its US operations in its fiscal 2024 second quarter ended September 30. Still, the company posted improved results compared to the same quarter last year.
Nucor Corp. announced it is considering installing a new rebar micro mill in the Pacific Northwest.
On its third-quarter earnings conference call on Thursday, Oct. 19, Steel Dynamics Inc. executives did not rule out the possibility of ‘inorganic growth’ opportunities.
Steel Dynamics Inc. provided an update on the four new coating lines it is adding to its Heartland flat rolled processing mill and Sinton sheet mill on its third-quarter earnings conference call with analysts on Thursday, Oct. 19.
The US Department of Energy announced seven projects that will receive $7 billion in funding to establish regional hydrogen hubs across the country.
After more than 40 years in the steel industry, James Bouchard announced he will be retiring as CEO of Esmark Inc., effective Nov. 23.
Nucor’s President and CEO Leon Topalian has been named the new chairman of the World Steel Association (worldsteel).
Unifor members in Canada have ratified a new three-year labor agreement with General Motors
The latest data from oilfield services provider Baker Hughes shows the number of active rotary rigs in the US and Canada bounced back during the week ended Friday, Oct. 13.
The US Department of Commerce’s International Trade Administration (ITA) is updating the antidumping and countervailing duties (AD/CVD) on cold-rolled steel imports from South Korea.
The United Auto Workers (UAW) union announced a new phase in its ongoing stand-up strike against the Big Three Detroit-area automakers on Friday.
With solid demand and attractive margins, the North American market has been helping to prop up CMC’s results as its European operations struggle with weaker demand amid challenging market conditions.
This week’s survey showed steel mill lead times extending across all product lines tracked by SMU.
The US Department of Commerce has issued its final ruling in an expedited sunset review of antidumping duties on imports of tin mill products from Japan.
Samuel, Son & Co. has named Maria Perrella as its new CFO.
Leeco Steel has promoted Tom Murray to sales manager, north. The appointment was effective Oct. 1.
Canada’s Unifor union reached a tentative labor agreement with General Motors on Tuesday, Oct. 10.
H2 Green Steel is in talks with Canada to potentially build a new green steel project in Quebec.
Cleveland-based service center group Olympic Steel has named a new aluminum sales director.
A slowdown in US steel imports has yet to be seen, as total import licenses in September were about even with August’s import levels.
The United Auto Workers’ (UAW) strike against the Big Three Detroit-area automakers was not expanded on Friday, as “significant progress” is being made in contract negotiations.
The Big Three automakers reported their third-quarter sales this week, with two of the three showing strong year-over-year gains.
A recap of SMU's Oct. 4, 2023, Community Chat featuring AGC chief economist Ken Simonson and his outlook for the construction markets.
Ryerson has acquired Norlen Inc., a Wisconsin-based metal fabricator, for an undisclosed sum.
Algoma Steel Group has extended its iron ore purchase agreement with U.S. Steel for another two years.
Cleveland-Cliffs has signed a non-disclosure agreement with U.S. Steel as the latter continues with its strategic review sales process.
A UAW strike at Mack Trucks was avoided this week when a tentative labor agreement was reached.
Pessimism grew among metalformers in September’s business report from the Precision Metalforming Association.
Electrode producer GrafTech International announced on Thursday, Sept. 28 that its president and CEO is stepping down.