Tag: SSAB

A weaker steel market and lower prices in Europe dragged down SSAB’s earnings during the last three months of 2023.

The sun decided to greet us on the second day of the Tampa Steel Conference 2024. Attendees from the chillier northern parts of the continent got their dose of winter sunshine. But whatever the temps, it was inside the conference room where things really heated up. January is always a time to make sense of the year that’s just passed, and look out for the trends for the year ahead.

The 35th Annual Tampa Steel Conference starts in just a few days. As one of the premier domestic steel conferences, it’s the perfect way to kick off 2024. It’s not too late to register if you haven’t already done so, but make sure to book now!

We’re just a week away from the 35th annual Tampa Steel Conference! It’s one of the premier domestic steel conferences and the first can’t-miss event of 2024. If you haven’t already registered, there is still time but make sure to book now!

The 2024 Tampa Steel Conference is coming up soon after the kickoff of 2024. One of the premier steel conferences in the US, it will be a great complement to our record-breaking SMU Steel Summit this past August.

A group of organizations and stakeholders introduced a set of Steel Standards Principles at the COP28 UN Climate Change Conference.

Steel used to be cited as a big sticking point in the energy transition, but this is no longer the case. Fossil-fuel-free steel is real and is being produced. However, immediate and enabling policy support is needed to scale up and roll out new technologies at scale.  The production of steel represents some 7% to […]

Sheet prices shot higher again this week on the heels of another round of mill price increases as well as on reports of production and supply chain issues at certain domestic producers.

The 2024 Tampa Steel Conference is less than two months away. It is one of the premier domestic steel conferences and a great compliment to our record-breaking SMU Steel Summit this past August.

Nucor Corp. announced in a letter to customers on Tuesday afternoon that its plate mill group would increase as-rolled discrete plate, normalized, and quenched-and-tempered plate by $40 per ton ($2 per cwt).

SSAB Americas has announced plans to increase plate prices by at least $60 per ton ($3 per cwt), with the opening of its January 2024 order book. The price hike applies equally to as-rolled, normalized, quenched-and-tempered, and wide cut-to-length plate products. It is effective immediately on all new, non-contract orders, the company said in a […]

The US plate market has been rather quiet over the past couple of weeks since Nucor Corp. caught many off guard with a $140-per-ton price cut.

SMU discussed wind energy, a promising end-use market for steel, with SSAB Americas’ SVP and CCO Jeff Moskaluk.

We’re just 12 weeks from Tampa Steel Conference 2024, one of the premier North American steel community events.

SSAB Americas will supply its low-carbon SSAB Zero steel to GE Vernova Onshore Wind for wind towers in North America.

You could make a case that Nov. 1 was April Fool’s Day for steel – or at least for the widespread rumor that Cliffs would announce a $10-billion deal for U.S. Steel on that date. I’m not going to endorse any precise date or price tag. But I’d be surprised if a deal – or […]

It’s time to register for the Tampa Steel Conference 2024, easily one of the premiere North American steel events. It’s a can't-miss steel industry conference, especially following the record-breaking attendance at SMU’s Steel Summit 2023 this past August.

SSAB reported lower earnings in the third quarter on weaker demand in Europe that was only partially offset by solid demand for plate in North America.

I wrote on Sunday that it could be a busy week for steel. It has been.

We’ve been busier than usual lately covering two major events (in addition to our pricing and data services) – the potential sale of U.S. Steel and the United Auto Workers (UAW) union strike. Let’s review some possible developments in each. U.S. Steel Sale – Back in the Headlines We learned last week that Stelco had […]

A wide-ranging discussion on the SMU Steel Summit 'Domestic Steel Panel: Investing for the Future' saw executives from leading steel companies debate the likelihood of passing on a surcharge to consumers for products with lower CO2 content.

US plate producers were successful in their most recent effort to have the suspension agreement on cut-to-length plate imports from Russia removed and replaced with antidumping duties.

While a weak European market is hampering SSAB’s quarterly results, the US market is providing more stability for the Swedish steelmaker. SSAB Americas’ second-quarter performance, together with those of the company’s Special Steels segment, provided a bright spot for the company despite the woes in Europe. SSAB produces steel plate at its US operations in […]

While a weak European market is hampering SSAB’s quarterly results, the US market is providing more stability for the Swedish steelmaker.

Decarbonization was among the key topics at the Metals Service Center Institute (MSCI) and Steel Manufacturers Association (SMA) annual meeting last week in Washington, D.C. Greg Bertelsen, CEO of the Climate Leadership Council, joined Katie McCall Larson, vice president of government affairs and sustainability for SSAB, and Dan Needham, executive vice president of commercial at […]

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 […]

SSAB Americas, MidAmerican Energy, and Arcosa Wind Towers met on Tuesday, June 7, with Iowa governor Kim Reynolds to discuss increasing sustainable product solutions, highlighting the companies’ circular supply chain. All three companies are based in the state, with steelmaker SSAB Americas part of Swedish parent company SSAB; Arcosa Wind Towers making energy products; and […]

The US Department of Commerce issued the final results of its expedited sunset review of antidumping (AD) duties on steel plate from three Asian countries. The agency found that allowing the duties to expire would result in the continuation of dumping at significant rates. This is the fourth sunset review of the AD duties on […]

Swedish steelmaker SSAB is urging ambitious standards for the steel industry’s transition to green steelmaking as the EU-US Trade and Technology Council (TTC) meeting takes place in Luleå, Sweden, on May 30-31. Martin Lindqvist, president and CEO of SSAB, said that to succeed in the transition, effective frameworks, political leadership, and action are needed. “It is also […]

US plate producers are seeking to have the suspension agreement on Russian plate imports tossed and to be replaced with antidumping duties (AD). Nucor, Cleveland-Cliffs, and SSAB have asked the US Department of Commerce to terminate the AD suspension agreement on carbon steel plate from Russia. The producers say that the agreement is no longer […]