Current News

Temy Mancusi-Ungaro has been named interim CEO of Reibus International, the online metals marketplace. He replaces founder John Armstrong, who will step back from day-to-day operations and become chairman of the board.

Lorin Industries, Inc., a leader in the innovation and production of coil anodized aluminum, is partnering with Petersen, a manufacturer of PAC-CLAD wall and roof panel systems in multiple gauges of steel and aluminum. With this partnership, Petersen is now stocking Lorin’s anodized aluminum in a multitude of finishes – including ClearMatt, ColorIn BlackMatt, and ColorIn LA Extra Dark Bronze – and in a variety of gauges. This stocking partnership allows fabricators, architects, construction professionals and more greater access to Lorin’s Anodized Aluminum.

SSAB will build a new electric arc furnace in Sweden as part of its decarbonization efforts. The steelmaker will construct a 190-ton EAF at its site in Oxelosund.

Six U.S. manufacturers of OCTG products have formed a new Washington D.C.-based trade association called the U.S. OCTG Manufacturers Association. The six companies are Tenaris in the USA, Vallourec Star LP, Borusan Pipe US, PTC Liberty Tubulars, Welded Tube US, and Axis Pipe and Tube.

The U.S. imported 2.2 million net tons of steel and 1.8 million finished tons in October, the American Iron and Steel Institute reported. Net tons were down 0.3 percent while finished tons increased 16.2 percent compared with September.

TGI Precision Metals has increased its waterjet cutting services to meet the growing demand for its machine-ready blanks. The variety of shapes, sizes and quantities of pre-machined metal plates cut from full sheet material requires maximum utilization, creating as little scrap as possible.

U.S. Steel will indefinitely idle operations at its Granite City Works facility in Illinois. The decision will affect approximately 1,000 workers at the facility.

Steel shipments were up sharply in both the United States and Canada in October, the Metals Service Center Institute reported in its latest Metals Activity Report. Aluminum shipments were down in the U.S. and increasing in Canada compared to year-ago levels.

Global crude steel production totaled 150 million metric tons in October, up 0.6 percent from the same month in 2022, worldsteel reported. Year-to-date production of 1.57 billion tons was an increase of 0.2 percent compared to the prior year.

Bayern Software has created a new customer partnership with Beyond Steel in Southern California. Beyond Steel is veteran-owned service center carrying a range of materials. It is one of the fastest-growing steel and distribution companies in the state.