Momentum continues into 2024, with 12 service center M&A deals completed in the U.S. and Canada in the first half of 2024, and on track to eclipse the total (22) for 2023.

Supply chain participants believe the attributes of coated metal products will drive growth in the near and long terms. (Photo courtesy Steel Dynamics Inc.)

At May’s AISTech event, representatives from the four largest steelmakers in North America, and one of their largest customers, gathered for the show’s annual town hall. They were asked to describe the steel industry in just one word, a question that produced an interesting array of answers.

thyssenkrupp Materials Services has opened a new steel service center in Texas. The company's facility in Sinton will be its fourth in the United States.

United Steel Supply LLC will invest up to $10 million at Ports of Indiana-Jeffersonville to open a steel processing and painting facility. Based in Austin, Texas, United Steel Supply is one of the largest steel processors and distributors in the country and a joint venture with Indiana-based Steel Dynamics Inc.

Products by: Steel Dynamics | PPG | Vorteq Coil | Lorin Industries | AkzoNobel

Robert Simon has been appointed CEO of JSW USA. He will lead the overall business comprising slab, coil, pipe and plate production and sales at the company’s Baytown, Texas, and Mingo Junction, Ohio, facilities.

A construction downturn will undoubtedly hamper structural tubing in 2024. Will government spending come to the rescue?

Steel Dynamics has completed the installation of four new value-added coating lines at its facility in Sinton, Texas. The new lines will be commissioned this quarter.

Steel Dynamics Inc., Fort Wayne, Ind., reported net sales of $18.8 billion in 2023, down 15.5 percent from the prior year. Fourth-quarter net sales totaled $4.2 billion, a 12.3 percent decrease.

The price of hot-rolled coil was on the ascent as 2023 drew to a close. The upswing probably won’t carry too far into 2024.

The past year in the metals supply chain was marked by a continued return to more balanced pricing, supply/demand conditions. (Photo by Leeco Steel)

For four decades, Ferragon and its many companies have evolved to meet the ever-changing steel landscape.

Inventories have been worked off throughout the aluminum space. Will demand force distributors to restock?

Mercedes-Benz has signed an agreement with Steel Dynamics Inc. to source more than 50,000 metric tons of CO2-reduced steel annually for its plant in Tuscaloosa, Ala. The agreement marks another crucial milestone toward decarbonizing its global steel supply chain, the German automaker said.

Array Technologies, a leader in utility-scale solar tracking solutions,, has signed a long-term agreement with Steel Dynamics to provide a fixed supply of coil for Array’s U.S. projects.

Steel Dynamics Inc., Fort Wayne, Ind., reported second-quarter net sales of $5.1 billion, down 18 percent compared with the same quarter of 2022. Net income totaled $812 million, up from the first quarter total of $637 million but a decline from the $1.2 billion posted in the second quarter of 2022.

Despite interest rate hikes, inflationary conditions and recession talk, the market for processing equipment remains robust. (Photo courtesy Braner USA)