Stephanie Ritenbaugh

The company said the biggest headwind it's facing is the downturn in manufacturing.

Nucor Corp. is building its third utility structures production facility in Brigham City, Utah.

Contractors are optimistic about publicly funded construction projects on the books for 2025, but are concerned that the threat of tariffs and immigration restrictions as proposed by the incoming Trump administration could undermine prices and labor.

Calling it an all-American solution, the CEO of Cleveland Cliffs said he would continue to pursue a deal with U.S. Steel since President Joe Biden has blocked the merger with Japan’s Nippon Steel.

He said a new entity would operate under the U.S. Steel name and would retain its Pittsburgh headquarters.

After holding steady last month, business activity in New York state’s manufacturing sector declined in January, according to the latest Empire State Manufacturing Survey from the Federal Reserve Bank of New York.

Swedish steelmaker SSAB has quietly pulled out of talks with the US federal government to build a hydrogen-fueled steel plant in Mississippi.

Denver-based service center Brown Strauss Steel has named Kris Farris as CEO, effective Jan. 1.

President Donald Trump said he will declare a “national energy emergency” in his inaugural address, reversing former President Joe Biden’s energy policies and refocusing on fossil fuel production.

Algoma plans to idle its 106” Mill at its facility in Sault Ste. Marie, Ontario, as it transitions to electric-arc furnace steelmaking.