1+ week, 15+ hour ago  (196+ words) Nucor Corporation officially opened its Nucor Steel Lexington rebar micro mill in North Carolina on May 1 to supply regional infrastructure projects with recycled steel, as reported by Detik Finance. The newly operational facility maintains an annual production capacity of 430, 000 tons…...

2+ week, 1+ day ago  (424+ words) Algoma Steel Group (NASDAQ: ASTL) has reported that its fiscal first quarter of 2026 was defined by a significant operational shift as the company permanently ended its coal-based steelmaking. This transition involved halting blast furnace operations to ramp up a new…...

2+ week, 1+ day ago  (370+ words) Algoma Steel Group (TSX: ASTL) has officially transitioned to a fully electric arc furnace (EAF) operation, marking a historic shift as it halted blast furnace operations after 125 years. The company announced this strategic milestone during its first-quarter 2026 financial results and…...

3+ week, 3+ day ago  (187+ words) Cleveland-Cliffs announced a three-year strategic partnership on April 28 to integrate Palantir Technologies' artificial intelligence into its production planning and operational workflows. The collaboration aims to embed advanced data systems directly into order entry and manufacturing processes at the major North…...

4+ week, 20+ hour ago  (336+ words) United States Steel Corporation is set to construct a $1. 9 billion direct reduced iron (DRI) facility at its Big River Steel Works in Osceola, Arkansas. The project marks the first DRI plant of its kind in the United States, as reported…...

4+ week, 1+ day ago  (376+ words) RHI Magnesita has reported a significant improvement in profitability during the first quarter of 2026, as reported by Detik Finance. This financial growth occurred despite a backdrop of softening demand within the steel and industrial end markets. The company recorded an…...

1+ mon, 1+ week ago  (246+ words) Harian Basis. co announced record quarterly steel shipments of 3. 6 million tons during its first quarter 2026 earnings call held Tuesday morning As reported by Detik Finance, the company also achieved an adjusted EBITDA of $700 million while showing significant operational progress in…...

1+ mon, 1+ week ago  (507+ words) Domestic steel markets in the United States have reached a period of high predictability as import volumes hit their lowest levels since 2009. This shift follows rigorous trade enforcement, including Section 232 and specific mandates regarding melted and poured steel. As reported…...