Electric arc furnace/EAF
Peruvian EAF steelmaker reports profits
Steelmaker Aceros Arequipa, which also owns two scrap yards in Florida, experienced a 120 percent year-on-year rise in net income in this year’s third quarter.
More in Electric arc furnace/EAF
Algoma loses money, names new CEO
The Canadian steelmaker says Rajat Marwah will take over as its CEO as it ramps up its recycled-content electric arc furnace.
Nucor maintains healthy profits in Q3
The company earned $600 million for the second quarter in a row and more than doubled its earnings compared with one year earlier.
SDI launches lower-embodied-carbon steel products
The steelmaker says Bioedge and Edge are produced exclusively with electric arc furnace technology.
Cliffs asset repositioning includes FPT sale
The CEO of the metals firm says moves are underway to sell Ferrous Processing & Trading, including sites in Florida to SA Recycling.
SSAB earnings rise in Q3
The global steelmaker with mills in North America increased its profits in this year’s third quarter despite a year-on-year drop in revenue.
Steel Dynamics boosts sales, earnings in Q3
The recycled-content metals producer says its customers are showing an ongoing preference for its low-carbon, American-made steel and aluminum.
CMC reports jump in net earnings for summer quarter
The Texas-based recycled steel producer also has added to its building products portfolio by acquiring a concrete components maker.
Actions and reactions
President Donald Trump has emphasized tariff protection for steelmakers in 2025, but increased profitability for U.S. steelmakers has been uneven.
Ferrous pricing remains on narrow path
A spring and summer of recycled steel price stability has crept into the early fall season.
ArcelorMittal uses XCarb in new office
The global steelmaker is using recycled-content XCarb steel in the construction of its new headquarters building in Luxembourg.
