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Steel Market Update

Steel Market Update maintains ongoing conversations at all levels of the steel industry, from the executive suite to the newly hired buyer, salesperson or support staff. Where the steel community comes together Keeping a finger on the pulse of the flat-rolled steel market with the latest steel news, prices, and industr

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News

Steel Market Update
steelmarketupdate.com > 09/10/2026 > worthington-moves-closer-to-full-kloeckner-integration

Worthington moves closer to full Kloeckner integration

2+ day, 9+ hour ago   (369+ words) Written by Ethan Bernard Worthington Steel marked another step in its takeover of Kloeckner & Co. The Columbus, Ohio-based service center group announced on Sept. 8 that it had signed a domination and profit-and-loss transfer agreement (DPLTA) with Kloeckner. This was pursuant…...

Steel Market Update
steelmarketupdate.com > 09/01/2026 > steel-summit-worthington-steel-still-seeking-ma-opportunities-post-kloeckner

Steel Summit: Worthington Steel still seeking M&A opportunities post-Kloeckner

1+ week, 4+ day ago   (882+ words) Written by Ethan Bernard Worthington Steel’s CEO said the company remains focused on further acquisitions after the completion of its buy of Germany’s Kloeckner & Co. Geoff Gilmore, president and CEO of the Columbus, Ohio-based service center group, sat down with…...

Steel Market Update
steelmarketupdate.com > 08/13/2026 > nucor-to-expand-vulcraft-indiana-with-59m-investment

Nucor to expand Vulcraft Indiana with $59M investment

4+ week, 2+ day ago   (370+ words) Written by Laura Miller Nucor Corp. plans to invest $59 million to expand its Vulcraft Indiana manufacturing operations in St. Joe, Ind. The investment will add capabilities to produce steel grating products. The Charlotte, N.C.-based steel company expects the investment to…...

Steel Market Update
steelmarketupdate.com > 08/11/2026 > nucor-adjusts-coating-extras-higher

Nucor adjusts coating extras higher

1+ mon, 1+ day ago   (346+ words) Written by David Schollaert Nucor announced revisions on its galvanized and galvannealed coating extras on Monday, Aug. 10, increasing both. The move was effective with orders confirmed for the week ending Oct. 10, the letter said. In an email sent to customers…...

Steel Market Update
steelmarketupdate.com > 07/16/2026 > smu-steel-summit-2026-networking-starts-now

SMU Steel Summit 2026: Networking starts now

1+ mon, 3+ week ago   (368+ words) Written by David Schollaert We’re just a little over a month away from SMU Steel Summit 2026. But you don’t have to wait until then to start networking. Download the app today to start planning and networking before you arrive, and…...

Steel Market Update
steelmarketupdate.com > 07/10/2026 > smu-steel-summit-2026-what-are-you-waiting-for

SMU Steel Summit 2026: What are you waiting for?

2+ mon, 2+ day ago   (353+ words) Written by David Schollaert In exactly 45 days, the flat-rolled steel industry will again descend on Atlanta to uncover the decisions, innovations, and forces shaping the market today—and what’s coming next. The 16th annual SMU Steel Summit is bringing together the…...

Steel Market Update
steelmarketupdate.com > 07/02/2026 > wheeling-nippon-promotes-reder-to-coo-petrella-to-commercial-vp

Wheeling-Nippon promotes Reder to COO, Petrella to commercial VP

2+ mon, 1+ week ago   (396+ words) Written by Laura Miller Wheeling-Nippon Steel Inc. announced on LinkedIn a series of promotions across the West Virginia-based company. William Reder was promoted to chief operating officer. Reder has served as Wheeling-Nippon’s VP of commercial for a decade, the company…...