Iron
Grede to close Alabama foundry
The Brewton, Alabama, plant closure follows one earlier this decade in the state.
More in Iron
Hyundai says it will make steel in the US
At a press event with President Donald Trump, the South Korean conglomerate says $21 billion in U.S. investments will include a new steel mill.
Nucor expects slimmer profits in early 2025
While Nucor expects to earn less than half of what it did the prior quarter, U.S. Steel anticipates losing money this quarter.
Making the pieces fit
NuCycle LLC in Rock Hill, South Carolina, has transformed its yard with the addition of an auto shredder along with ferrous and nonferrous downstream systems.
Winter supply hiccups create February price boost
After shredded scrap ended 2024 at less than $375 per ton on average, as of the second week of February, Davis Index had U.S. mills paying $406 on average.
French consultant predicts US ferrous scrap self-sufficiency
The Steel Manufacturers Association cites the study as a bright spot for recycled-content steelmakers in the United States.
Tariffs prepare path for US metals production boost: Goldman Sachs
Investment bank’s researcher sees potential medium-to-long-term “boost in supply” for domestically produced metals.
Cleveland-Cliffs loses $700M in 2024
CEO cites sluggish domestic auto sector for lack of demand for American steel.
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.
GFG mill in Australia enters bankruptcy process
The state of South Australia has put the GFG Alliance Whyalla steel mill and related assets into administration and asked a forensic accounting firm to assess the situation.
MagREEsource says it’s poised for growth in 2025
France-based recycled-content magnet producer says it is expanding its factory capacity and will ramp up hiring.
