Steel Dynamics’ new venture, Aluminum Dynamics, has broken ground on its $2.5 billion aluminum manufacturing plant in Lowndes County, Mississippi. The facility is the first nonferrous project for the Fort Wayne, Ind.-based steel minimill.

Toll Processors are counting on a more stable market in 2023, though economic threats still exist.

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.

Flat-rolled steel analysts see several warning signs ahead.

The strength in SBQ has outlasted the market for many steel products, but how long will it continue? (Photo courtesy Gerdau Special Steel NA)

After two tumultuous years in the metals space, 2022 approached the more traditional conditions of the past.

The steel supply chain hopes the pricing slide for hot-rolled coil has run its course.

?Friedman Industries has begun shipping material to customers from its newly constructed coil processing facility in Sinton, Texas. The new facility is a 70,000-square-foot building located on 26.6 acres leased from Steel Dynamics at the steelmaker’s flat-rolled steel campus.

Steel Dynamics will locate its first aluminum flat-rolled mill in Columbus, Miss., near its existing flat-rolled steel mill. Columbus was chosen given its location within the targeted Southeast market.

Service center panel offers thoughts on the industry during Day 3 of August’s Steel Summit.

Optimism comes in many forms, and I saw a lot of it since the last time I filled this space. In August, at the Steel Summit, the glass-half-full types dramatically outnumbered the pessimists. And not just from the usual suspects.

Two years of supply challenges and pricing run-ups may be giving way to a more traditional market for nonferrous products. (Photo courtesy SAF)

Steel Dynamics Inc. will build and operate a 650,000-metric-ton aluminum flat-rolled mill, plus two supporting satellite recycled aluminum slab centers. The mill will produce low-carbon aluminum from recycled material.

Record profits and robust demand from customers have service centers keeping equipment makers extremely busy in the early days of 2022. (Photo courtesy Butech Bliss)

Steel Dynamics Inc. will acquire Mexican metals recycling business ROCA ACERO S.A. de C.V. ROCA's primary operations are comprised of four scrap processing facilities, strategically positioned near high-volume industrial scrap sources located throughout Central and Northern Mexico.

Mexico’s economy tracks with the fate of the U.S., but it retains characteristics and concerns all its own.

Nextracker and JM Steel, a division of JENNMAR USA, have launched a dedicated solar tracker production line on the campus of the new Steel Dynamics, Inc. facility near Corpus Christi, Texas. Nextracker launched a new facility with JM Steel to manufacture low-carbon tracker components for solar power plants throughout the Southern United States.

The chairman of the nation’s largest flat-rolled producer kicked off three-day FMA Annual Meeting with his take on the state of the steel industry.