Current News

Several trade associations representing the industrial metals sector submitted a letter to U.S. House and Senate lawmakers to persuade them to invest in metals-heavy infrastructure.

JSW Steel (USA) Inc. and JSW USA Steel Ohio Inc. have filed a federal court lawsuit in the Southern District of Texas against Nucor, U.S. Steel Corp. and Cleveland-Cliffs. The companies allege the defendants conspired to boycott and refused to supply JSW with slabs beginning in 2018 and continuing through the present.

Worthington Industries Inc., Columbus, Ohio, has acquired certain assets of Shiloh Industries’ U.S. BlankLight business. Blanklight is a provider of laser-welded solutions that deliver material savings, weight and cost reductions and increased fuel efficiency to the mobility market, the company claims.

Manufacturing continues to grow at a healthy clip in the United States, with the PMI registering 61.2 percent in May, up 0.5 percentage points from April. This represented the 12th consecutive month of growth in the Institute for Supply Management’s monthly survey of the nation’s purchasing agents.

Nucor Corporation, Charlotte, N.C., will acquire Cornerstone Building Brands' insulated metal panels business for a cash purchase price of $1 billion.

Franklin Bronze Precision Components, Franklin, Pa., has achieved ISO 9001:2015 recertification. Through the recertification, the company demonstrates its dedication to its customers, its processes and the organization itself, executives claim.

Chesterfield, Mo.-based Bull Moose Tube Company, a Caparo Bull Moose subsidiary, is building a 350,000-ton-per-year HSS and sprinkler pipe mill on Steel Dynamics’ new Sinton, Texas, flat-rolled campus.

Leeco Steel, Lisle, Ill., an O’Neal Industries affiliate company, was named a finalist of the 2021 S&P Global Platts Global Metals Awards in the “Metals Service Provider of the Year: Physical” category.

United Performance Metals has purchased a precision rerolling mill and supporting processing equipment located in Portland, Conn. The acquisition includes a Sendzimir cold reversing mill, strip cleaning line, bright annealing furnace and slitting line.

Norfolk Iron & Metal Co. has created the NIM Group, the new parent identity for each of its brands: Norfolk Iron and Metal, Metalwest and Cd’A Metals. Norfolk Iron & Metal is a leading service center company based in Norfolk, Neb.