Metal Industry News

Hanna Steel will invest $20 million to expand operations in Alabama, the Tuscaloosa News reported. The announcement was made by the Tuscaloosa County Economic Development Authority.

American Iron, a Lawton Standard company based in Waukesha, Wis., will begin stocking Versa-Bar continuous cast iron bar products and other alloy bars, including bronze, at QESC. The Houston-based QESC is a sister company of American Iron.

Steel Dynamics reported record net sales of $22.3 billion in 2022. Net income for the Fort Wayne, Ind.-based minimill company also came in at a record $3.9 billion.

North American Stainless will launch a $244-million-expansion at its facility in Ghent, Ky. The expansion will add 200,000 tons of capacity, representing 20 percent of its existing production.

Bri-Steel Manufacturing will build another thermal pipe expansion mill at its Enid, Okla., location. The company acquired the former GEFCO facility, which covers approximately 329,000 square feet on 43 acres of land.

Cleveland-Cliffs Inc. and the United Steelworkers have partnered to file antidumping and countervailing duty petitions against eight countries, alleging unfairly traded tin and chromium coated sheet steel products.

Nucor has introduced Elcyon, the company's new sustainable heavy gauge steel plate product made specifically to meet the demands of America's offshore wind energy producers building the green economy and its necessary infrastructure. Nucor will manufacture Elcyon at the company's new, $1.7 billion state-of-the-art Nucor Brandenburg steel mill in Kentucky, which produced its first steel plate at the end of December.

Oshkosh, Wis.-based Muza Metal Products LLC, a full-service metal fabrication company celebrating its 95-year anniversary, has promoted John Kriz to president and CEO. Wing Capital Group Founding Partner and Managing Director Jeff Beischel remains chairman of the board.

Reibus International, the independent digital marketplace for industrial metalshas expanded its product offering to include red metals – copper, brass, and bronze – key ingredients in the electrical, metal roofing and pipe manufacturing processes. In a recent report by S&P Global, copper demand alone is projected to nearly double by 2035, and market opportunities are emerging for copper product recycling.

With the acquisition of Hummock Industries, Wieland has acquired Heyco Metals, a leader in light and medium gauge copper, copper alloy, and stainless steel strip processing, and National Bronze, a manufacturer and distributor of bronze-based bearing products.