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    USS sets 1,918 layoffs in Texas, Ala.

    Jan 26, 2015

    U.S. Steel Corp. plans to "temporarily adjust operations" at its Lone Star tubular plant in Texas and its Fairfield Works in Alabama. More »

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    Nucor’s profits soar in fourth quarter

    Jan 27, 2015

    Nucor Corp.’s earnings soared in the fourth quarter despite continued operating losses at its direct-reduced iron (DRI) plant in Louisiana. More »

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    Nucor’s DRI plant seen profitable by year-end

    Jan 28, 2015

    Nucor Corp.’s closely watched direct-reduced iron (DRI) facility in Louisiana could turn a profit by the end of 2015 after suffering operating losses of $135 million last year, according to the company’s top executive. More »

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    Cliffs’ seeks relief for Bloom Lake

    Jan 27, 2015

    Cliffs Natural Resources Inc.’s subsidiaries and affiliates responsible for the Bloom Lake Mine in Quebec will start restructuring proceedings in Montreal and seek protection from creditors, the company said Jan. 27. More »

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    Trade filing still in AK's sights

    Jan 27, 2015

    Rising U.S. flat-rolled steel imports pose a key challenge to AK Steel Corp. heading into 2015 and a trade case filing remains a possibility, according to the company’s top executive. More »

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    Outlook bleak for Texas ferrous scrap

    Jan 27, 2015

    Ferrous scrap prices delivered to steel mills in Texas could fall anywhere between $20 and $50 per gross ton in February, according to market participants. More »

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    AK Steel's net loss doubles in 2014

    Jan 27, 2015

    AK Steel Corp.’s net loss more than doubled in 2014 vs. the previous year due to the effects of extreme winter weather and an incident at its Ashland, Ky., blast furnace. More »

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    Canada outlines rebar injury threat

    Jan 27, 2015

    Massive excess rebar capacity in China, South Korea and Turkey, paired with weak global demand, threaten to overwhelm Canada’s comparatively small domestic rebar market, according to the Canadian International Trade Tribunal (CITT). More »

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    ATI sees aero destocking concluding

    Jan 27, 2015

    Inventory destocking in the aerospace supply chain is concluding as the full impact of a new generation of aircraft engines is expected to kick in next year, according to Allegheny Technologies Inc.’s (ATI’s) top executive. More »

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    Freeport cuts capex on weak copper

    Jan 27, 2015

    Freeport-McMoRan Inc. is taking "aggressive actions" to cut its capital budget this year in response to sharp declines in copper and oil prices, but remains bullish about its long-term outlook, particularly its North American operations. More »

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    Stainless scrap falls on scant orders, LME

    Jan 27, 2015

    Stainless steel scrap prices for nickel-bearing austenitic grades continued to slip this week as market participants noted dismal consumer demand and low London Metal Exchange nickel tags. More »

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    Scrap veteran Harold Vexler dies at 100

    Jan 27, 2015

    Harold Vexler, a second-generation owner and operator of Texas scrap recycler Monterrey Iron & Metal Co., died Jan. 25. He was 100 years old. More »

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    Aluminum scrap supply pressure grows

    Jan 27, 2015

    Aluminum scrap supply pressure continued to mount this week, according to buyers and sellers, who agreed that ample availability of material mitigated steady levels of demand and caused some prices to decline. More »

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