SMU Comminuty News
April 6, 2023
Written by Michael Cowden
Altos Hornos de México (AHMSA) is proceeding with a plan that would see the company sold to a group of investors, according to a filing with the Mexican Stock Exchange.
Under terms of that deal, the Mexican steelmaker is expected to receive an initial infusion of $200 million to pay for working capital and labor obligations.
If you haven’t already registered, there’s still time to join the more than 1,300 attendees from over 500 companies that will be in Atlanta for Summit.
The founder of Hascall Steel, Wayne Charles Hascall, passed away on July 29 at the age of 88. Hascall was a loving husband, father, brother, and grandfather. He also served his country as a proud member of the United States Marine Corps.
In the early 1980s I moved from Minnesota to Marietta, Ga., to join Pacesetter Steel. It was an exciting time for the steel industry. New service centers were popping up all over the country. The companies started by the Leebow brothers – Pacesetter and Majestic Steel – were dynamic organizations providing opportunities to new people […]
Occasionally, a story jolts you awake. You realize how much things have changed—once, a pro-trade remark from a senior government official was routine. Now, it is remarkable. Last week the President’s Export Council (PEC), an advisory group currently chaired by Mark Ein of Kastle Systems, met for the first time since the Obama administration. The […]
Steel Market Update’s offices will be closed for Independence Day. We will send out survey invitations on Monday, July 3. We will not publish an issue on Tuesday, July 4. Our weekly pricing service will continue. We typically update prices on Tuesday. Next week, however, we will update them on Wednesday, July 5. We will […]