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    U.S. Steel posts 1st annual profit since ’08

    Jan 28, 2015

    U.S. Steel Corp. posted its first annual profit since 2008 on strong income from its flat-rolled segment in particular, according to its 2014 earnings report. More »

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    USS sets Granite City BF outage

    Jan 28, 2015

    U.S. Steel Corp. plans to idle a blast furnace at its operations in Granite City, Ill., for several months as it replaces a caster there with one purchased from the now defunct Sparrows Point, Md., steel mill. More »

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    Scrap exporters downbeat despite port talks

    Jan 28, 2015

    Losses continue to mount for West Coast containerized scrap exporters as industry hopes of a timely resolution in negotiations between port authorities and workers remain dim. More »

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    Materion set to meet higher demand

    Jan 28, 2015

    Materion Performance Alloys is preparing to meet increased demand for high-strength copper alloy strip products after Mitsubishi Electric Metecs Co. Ltd. said it will halt production by its copper alloy business in March. More »

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    Nucor foresees major drop in scrap tags

    Jan 28, 2015

    Nucor Corp. foresees a dramatic decline in scrap prices in early 2015 on the back of weak export markets and lower scrap demand, Nucor executives said Jan. 27. More »

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    Ohio scrap suppliers wary amid mill warning

    Jan 28, 2015

    Scrap suppliers into the Ohio Valley are bracing for tough market conditions as another large mill has worsened its forecast. More »

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    Energy, imports top Nucor’s challenges list

    Jan 28, 2015

    Collapsing oil prices have challenged Nucor Corp.’s order books for sheet steel, with demand from pipe and tube customers slowing recently, according to the company’s top executive. More »

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    AK Steel vows to stand by Magnetation

    Jan 28, 2015

    AK Steel Corp. is prepared to further support its Magnetation LLC iron ore joint venture, which is going through a challenging start-up, according to the steelmaker’s top executive. More »

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    Carpenter Technology’s earnings slide

    Jan 28, 2015

    Carpenter Technology Corp.’s net income fell sharply in its fiscal second quarter compared with the same period a year earlier due to higher operating costs associated with the press outage at its operations in Reading, Pa., and expenditures at its Athens, Ala., facility. More »

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    Boeing’s profits surge as deliveries rise

    Jan 28, 2015

    Boeing Co. expects to maintain its strong pace of airliner deliveries this year after an 11.6-percent rise in 2014 and a 13.4-percent increase in the fourth quarter. More »

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    Constellium gets loan to fund Wise buy

    Jan 28, 2015

    GE Capital Corp. will provide a $400-million credit facility to help fund Constellium NV’s acquisition of Wise Metals Intermediate Holdings LLC. More »

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    Sims sells stake in Chinese recycler

    Jan 28, 2015

    Sims Metal Management Ltd. will sell its entire stake in Chinese recycler Chiho-Tiande Group Ltd., marking its exit from the company three years after its initial investment. More »

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    Lead scrap prices fall; zinc flat

    Jan 28, 2015

    The lead scrap market continued to favor buyers this week as strong supply prevented sellers from capitalizing on an upward movement in exchange prices. More »

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