Steel Mills
July 24, 2023
Nucor Predicts Q3 Earnings Drop on Lower Sheet Mill Profits
Nucor reported sequentially higher second quarter earnings but warned that results would be worse in the third quarter.
Latest in Steel Mills
ArcelorMittal plans new Calvert mill without JV partner
ArcelorMittal plans to build a new electrical steel manufacturing facility near its AM/NS Calvert joint-venture mill in Alabama. The steelmaker plans to produce 150,000 metric tons (165,350 short tons) of non-grain-oriented electrical steel (NOES) annually there through its wholly owned subsidiary, ArcelorMittal Calvert LLC. ArcelorMittal revealed its plans for the new mill on Monday, following the Department […]
Raw Steel Production Edges Up Again: AISI
Domestic raw steel production saw another upward bump last week, according to data released by the American Iron and Steel Institute (AISI) on Monday, Aug. 21.
USW Gives Cliffs Its Right To Bid on U.S. Steel
The United Steelworkers (USW) union is standing firm in its backing of Cleveland-Cliffs’ bid for U.S. Steel.
U.S. Steel Gives USW Some Assurances in Sales Process
U.S. Steel has provided some clarity for the United Steelworkers (USW) union regarding the union's rights as the steelmaker considers multiple offers to buy the company.
Analysts Weigh in on Potential Sale of U.S. Steel
U.S. Steel dropped a bombshell last week when it announced that it is up for sale. While a company buyout would be profitable for any buyer, there could be regulatory hurdles, according to industry analysts.