by cristiano | May 12, 2025 | Steel And Metal
British Steel will not continue with a consultation on making up to 2,700 steelworkers at its Scunthorpe plant redundant, after the government took control of the firm earlier this month.The Chinese company Jingye, which promised a “new chapter” when it bought British...
by cristiano | May 11, 2025 | Steel And Metal
FORT WAYNE, Ind., April 22, 2025 /PRNewswire/ — Steel Dynamics (PRNewsfoto/Steel Dynamics, Inc.) First Quarter 2025 Performance Highlights: Record steel shipments of 3.5 million tons Net sales of $4.4 billion, operating income of $275 million, and net income of...
by cristiano | May 10, 2025 | Steel And Metal
Steel Dynamics, Inc. STLD logged first-quarter 2025 earnings of $1.44 per share, down from $3.67 in the year-ago quarter. However, the bottom line topped the Zacks Consensus Estimate of $1.40.Net sales in the first quarter were down around 6.9% year over year to...
by cristiano | May 9, 2025 | Steel And Metal
Steelmaking at Scunthorpe will continue for months, the government has said, after it confirmed that a shipment of more than 55,000 tonnes of coking coal arrived in the UK this weekend.The shipment – more than four times the weight of the Shard, western Europe’s...
by cristiano | May 8, 2025 | Steel And Metal
The government says it has secured the raw materials needed to keep the British Steel plant at Scunthorpe going “for the coming months” into the summer.Ministers announced 55,000 tonnes of blast furnace coke arrived from Australia at the port of Immingham...
by cristiano | May 7, 2025 | Steel And Metal
HUGER, S.C. (AP) — Vice President JD Vance visited a steel plant in South Carolina on Thursday as he heralded the launch of an “industrial renaissance” in the U.S., in part due to President Donald Trump’s moves to boost domestic industry.Vance made the trip to Nucor...
