Steel

UP reaches agreement to acquire Norfolk Southern
The potential combination would create a coast-to-coast freight rail shipper and leave five Class I railroads serving the United States and Canada.
More in Steel
Navigate initiates billet trade tracking feature
Satellite monitoring service Navigate Commodities has added semifinished steel on some trade routes to its iron ore and ferrous scrap tracking services.
Hydrogen skepticism besets steelmaking sector
Two projects postponed in Ohio and Germany are among nearly 10 high-profile hydrogen energy investments that tapped the brakes in mid-2025.
SSAB reports revenue, earnings declines
The recycled-content steelmaker remained profitable in this year’s second quarter but says some specialty steel markets face tariff constraints.
Sponsored Content
SENNEBOGEN 340G telehandler improves the view in Macon County, NC
An elevated cab is one of several features improving operational efficiency at the Macon County Solid Waste Management agency in North Carolina. When it comes to waste management, efficiency, safety and reliability are priorities driving decisions from day one, according to staff members of the Macon County Solid Waste Management Department in western North Carolina. The agency operates a recycling plant in a facility originally designed to bale incoming materials. More recently, the building has undergone significant transformations centered around one machine: a SENNEBOGEN telehandler (telescopic handler).
Global steel output drops sharply year on year
Production in China dropped nearly 4 percent in June from the previous month and by 9 percent compared with June 2024, according to the World Steel Association.
Danieli will equip new Australian rebar mill
Alter Steel, a planned Australian recycled-content steel reinforcing bar mill, says it has signed a contract to buy electric arc furnace equipment from Danieli.
Commentary: How circular design is reinventing the electric motor
Electric motors are a hidden opportunity for sustainability, and circular design is starting to show real promise.
SDI’s earnings rise quarter on quarter
The recycled-content metals producer netted more than $300 million in this year’s second quarter and says its new aluminum plant is poised to produce.
Cleveland-Cliffs reports $470M Q2 loss
The steelmaking and iron mining firm also lost $483 million in this year’s first quarter and cites a steel slab pricing contract as part of the problem.
Ferrous traders see price stability continuing
In a Bureau of International Recycling writeup, George Adams of SA Recycling sees the stage set for “what could be a protracted period of range-bound prices.”
Rumpke receives recycling contract in Bowling Green, Ohio
The city has switched recycling processors and expanded its accepted materials list.