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News
Steel Shortage and Soaring Prices in U.S. Prompt Hyundai Steel to Consider Korean H-Beams
2+ day, 5+ hour ago (486+ words) Published 11 Sep.2026 07:54(KST) On the 4th, key figures attending the groundbreaking ceremony of the HPLS (HYUNDAI-POSCO Louisiana Steel) electric arc furnace steel plant held in Louisiana, USA, took the first shovel of soil to mark the start of the factory construction....
Xinyu inaugurates electrical steel production facility
2+ day, 15+ hour ago (235+ words) Published 10th September, 2026 by Pete Downham Xinyu Iron & Steel, part of Baowu Group, has inaugurated an electrical steel production facility, supported by process technologies supplied by Fives Group. The facility, based in Xinyu City, China, is set to produce 250kt of non-grain…...
Steelcase turns to industry outsider to lead company under HNI
3+ day, 9+ hour ago (46+ words) Crain's Grand Rapids Steelcase turns to industry outsider to lead company under HNI Liquor distributor RNDC has filed for bankruptcy, excluding its Michigan operations. How did they get here, and what's next for Michigan's beverage industry?...
American Steel & Aluminum will expand Saco facility, add jobs
3+ day, 12+ hour ago (267+ words) Lajoie Brothers Construction will be building the 12,000-square-foot addition, which is expected to allow for the creation of 30 new jobs. American Steel & Aluminum broke ground on a 12,000-square-foot addition to its Saco facility. The Spring Hill Road property already totals…...
POSCO is investing $359 million in the construction of a new automotive steel plant
3+ day, 18+ hour ago (206+ words) News Global Market POSCO Print 88 09 September 2026 South Korean steel giant POSCO is investing 480 billion won ($359 million) in the construction of a new production facility for automotive steel. This is reported by SteelRadar. Construction of the facility is scheduled for completion…...
U.S. Metals, Glass Furnace Additions & Rebuilds Add Up to Billion...
3+ day, 21+ hour ago (115+ words) Hurricane Lowell left almost 58,000 Hawaii customers without power as flooding and damaging winds affected the islands. The global electric vehicle (EV) industry is at a pivotal inflection point, characterized by tension between a decelerating U.S. market and a resilient yet pressured…...
Hyundai Steel POSCO Louisiana mill — $5.8B US Green Steel Bet
4+ day, 3+ hour ago (195+ words) The Korea Daily Hyundai Steel POSCO Louisiana mill — $5.8B US Green Steel Bet Revolutionizing US Manufacturing with the Hyundai Steel POSCO Louisiana mill The Hyundai Steel POSCO Louisiana mill (HPLS) represents a monumental $5.8 billion investment by South Korea’s automotive and steel…...
Oxford-Based FabArc Completes Steel Work for Major Texas Solar Manufacturing Facility
4+ day, 8+ hour ago (257+ words) OXFORD, Ala. — FabArc Steel Supply, Inc., an Oxford-based steel fabrication company, has completed its original structural steel scope for a major solar cell manufacturing facility under construction in Rockdale, Texas. The company fabricated and supplied approximately 3,374 tons of structural steel…...
US Steel Industry Q2 2026 Earnings: Record Shipments and Price Surge - News and Statistics
4+ day, 13+ hour ago (793+ words) IndexBox Search across reports, market insights, and blog stories. US Steelmakers Report Strong Q2 2026 Results, Positive Outlook Second-quarter results from America's leading steel companies signal a healthy domestic market, with the majority anticipating a strong finish to 2026. Most producers achieved higher…...
Going local, cutting carbon: Inside Hyundai's US steel expansion
1+ week, 2+ min ago (959+ words) Business Going local, cutting carbon: Inside Hyundai's US steel expansion Published: Sept. 6, 2026 - 13:50:59 Hyundai's Louisiana mill to bring steel production closer to US auto plants while serving as base for lower-carbon steelmaking DONALDSONVILLE, Louisiana -- Hyundai Motor Group, which has spent two…...