ASCE sees infrastructure progress, but more to be done

Engineering society says recent federal spending has raised America’s infrastructure grade from a “C-minus” four years ago to “C.”

Ferrous market upward price momentum continues into March

Domestic mills reportedly will pay from $20 to $40 more per ton for benchmark ferrous scrap grades in March compared with the previous month.

EAF mill underway in California

Pacific Steel Group has broken ground on a recycled-content electric arc furnace steel mill in Southern California.

Winter supply hiccups spur ferrous price boost

Prices are up but volumes are declining as winter weather whips through the United States.

Updated: Trump says tariffs on inbound steel, aluminum on the way

In an Air Force One conversation with reporters, Trump says any steel coming into the U.S. is going to have a 25 percent tariff. He signed the proclamations Feb. 10, with the tariffs to begin March 12.

Nucor nets $2B in 2024

Recycled-content steelmaker was profitable in 2024, but its net earnings attributable to shareholders fell by 55 percent compared with the prior year.

Pacific Steel Group receives funding for EAF mill

California rebar fabricator receives $200 million loan from sustainable infrastructure firm Generate Capital.

Nucor emissions targets receive GSCC approval

Recycled-content steelmaker sets a target of less than 1 ton of emissions for each ton of steel produced by its hot-rolled steel mills.

Radius experiences sixth consecutive quarterly loss

Metals recycling company loses $37 million in its financial quarter running from September through November 2024.

CMC suffers losses in late 2024

Legal setback causes metals and building products company to lose $175 million in the financial quarter running from September to November 2024.

RMDAS and Davis Index numbers portray stalled ferrous market

The per-ton value of recycled steel in the U.S. market stalled in mid-November, while bids from Turkish buyers are going lower this week.