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Retired Nucor Corp. chairman and chief executive John Ferriola accepted AIST’s Steelmaker of the Year Award during a virtual presentation, marking the third time he has brought AIST’s highest honor home to Nucor.
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Danieli USA will open a facility in Ashland, Ky., near the former AK Steel Ashland Works operation. Danieli USA is a subsidiary of Italy’s Danieli & C. SpA.
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Nucor Corp., Charlotte, N.C., reported net earnings of $108.9 million, a massive improvement from the $20.3 million in the first quarter, but still well off the $386.5 million posted in the same quarter of 2019.
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Reliance subsidiary Feralloy will operate a steel processing facility on Nucor Steel’s Gallatin, Ky., campus. The facility will level and cut steel for customers in the Ohio Valley.
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For the second year in a row, Nucor Corporation was recognized as a General Motors Supplier of the Year. The award was given during a virtual ceremony held on June 24. Less than one percent of GM's suppliers receive this award and Nucor remains the only electric arc furnace steelmaker to receive this recognition.
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Contractors Steel, a division of UPG Enterprises LLC, has hired Jim Gould as the company's newly appointed West region sales manager. In his new role, Gould is responsible for the business development of Contractors Steel’s newest location in Phoenix, scheduled to open in the fourth quarter of 2020.
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Two years ago, the only number that mattered to the North American metal production community was 232. Today, it’s 19.
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Nucor Corp., Charlotte, N.C., reported net earnings of $20.3 million in the first quarter. Earnings, which were harmed by the company’s assets in Italy, were significantly below both the prior quarter and first-quarter 2019.
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Ladd Hall will retire on June 20 after more than 39 years of service with Nucor Corp., Charlotte. He has been serving as executive vice president of the minimill producer.
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At the FMA Annual Conference, supply and demand took a backseat to the ongoing novel coronavirus outbreak and its effect on the global economy.
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Nucor-JFE Steel Mexico, S. de R.L. de C.V. has bgun operating its continuous galvanizing line at its operations in Silao, Guanajuato. The facility produces hot-dip galvanized sheet steel for the automotive market.
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Nucor Corp., Charlotte, reported net earnings of $107.8 million in the fourth quarter and full-year earnings of $1.27 billion. The quarterly earnings were down more than 50 60.8 percent, while full-year earnings declined 46.2 percent from 2018.
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Following a strong 2018, the market for special quality bar products took a nosedive this year.
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Nucor Corp., Charlotte, N.C., will add a coil paint line at the company’s sheet mill in Mississippi County, Ark. The new coil paint line will have a capacity of 250,000 tons per year and is expected to start up in the first half of 2022.
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Nucor Corp., Charlotte, announced plans to acquire TrueCore LLC an insulated metal panel manufacturing company with a facility in Laurens, S.C. TrueCore produces insulated metal panels serving the cold storage market, with future plans for additional commercial and industrial applications.
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Samuel Nelson Technology has completed the design and supply of key process equipment in the Purdue pickle line at Nucor Crawfordsville. The revamp of the pickling line involved replacing the existing pickling and rinse tanks and converting the process from a 3-stage to a 4-stage pickle line in order to increase pickling speeds, reduce acid consumption and reduce load on the fume extraction system.
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A coalition of associations and businesses representing manufacturing of all types is urging Congress to pass the United States-Mexico-Canada agreement this fall. A letter sent to Congress was signed by representatives from more than 350 companies and organizations, stating passage is essential to promoting growth for manufacturing businesses, workers and families across the U.S., “each of whom relies on trade with our North American partners to prosper and grow.”
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Times have been pretty good for U.S. producers and distributors of steel plate, but there are worries the conditions may get a little softer in the back half of the year.
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