Minimill
Radius to be acquired by Toyota subsidiary
Century-old metal recycling and steelmaking firm formerly known as Schnitzer Steel is being acquired by Toyota Tsusho America Inc.
More in Minimill
Nucor announces retirement, promotions
Steelmaker’s General Counsel Gregory J. Murphy is retiring, while Benjamin M. Pickett and Douglas R. Wilner have garnered promotions.
Tata EAF conversion receives a green light
A regional council in the United Kingdom has approved Tata Steel’s plans to convert a blast furnace complex to electric arc furnace technology.
Looming tariffs leave questions
Mexican steel imports could be subjected to a 25 percent tariff in Donald Trump’s second term as U.S. president.
CMC suffers losses in late 2024
Legal setback causes metals and building products company to lose $175 million in the financial quarter running from September to November 2024.
Nucor sees slimmer profits in Q4
Steelmaking and metals recycling company predicts fourth quarter earnings per share will shrink by about 40 percent compared with the prior quarter.
Liberty Steel idles wire mill in Illinois
Reports indicate production activities have been curtailed at the Bartonville, Illinois, recycled-content electric arc furnace mill.
Celsa UK assets sold to Czech investment fund
Recycled-content electric arc furnace mills in the United Kingdom and Norway have been sold by the creditors that assumed ownership last year.
SSAB calls for decarbonization unity
Europe-based steelmaker will use COP29 gathering to urge global carbon pricing mechanisms as one means of lowering the metal’s carbon footprint.
SSAB experiences Q3 income, revenue drop
Steel producer points to lower demand for steel plate in the United States as one factor in its reduced profitability.
Nucor sees slimmer Q3 profits
Steelmaker cites lower selling costs for its products as a leading factor in narrower profits, along with noncash impairment charges.
