Press Releases

United States Steel Corporation announced the appointment of two new executive leaders, Christian Gianni as Senior Vice President & Chief Technology Officer (CTO) and John Gordon as Senior Vice President, Raw Materials & Sustainable Resources. Mr. Gianni and Mr. Gordon report directly to David B. Burritt, President and Chief Executive Officer, as members of the Company’s executive management team.These appointments will help accelerate U. S. Steel’s Best for All strategy a

Greif, Inc.a global leader in industrial packaging products and services, announced today it has received two additional awards recognizing the company's leadership and continued commitment to corporate social responsibility. Greif was recognized with an "A-" rating in climate change by CDP - a non-profit organization that runs the global disclosure system for entities to manage their environmental impact. The rating places Greif in the "Leadership" category

Enviva Inc. today announced the signing of a new 10-year take-or-pay off-take fuel supply contract with an existing European customer, extendable for up to five years. Enviva expects to supply 800,000 metric tons of industrial-grade wood pellets per year, with deliveries expected to commence during 2027, subject to certain conditions precedent. “We are pleased to announce a sizeable contract today with one of our power generation customers in Europe. The magnitude of market op

Steel Dynamics, Inc.one of the largest domestic steel producers and metals recyclers in the United States, welcomed the news that the company is being added to the S&P 500 Index, effective prior to the opening of trading on Thursday, December 22, 2022. S&P Dow Jones Indices is the largest global resource for benchmarks and investable indices, including the Dow Jones Industrial Average as well as the S&P 500. It is widely recognized as one of the premier benchmarks of the

United States Steel Corporation today announced the ratification of new successor four-year collective bargaining agreements by the United Steelworkers. These agreements cover approximately 11,000 USW- represented employees at the company’s domestic flat-rolled facilities, iron ore mining facilities and applicable tubular operations. “We are pleased to have reached these agreements with our USW-represented employees,” said David B. Burritt, President and Chief Exec

Nucor Corporation announced today that it will build two new state-of-the-art tower production plants as it expands its recently established Nucor Towers & Structures business unit. Nucor is evaluating locations in the Midwest and the Southeast. "As our nation continues to replace its aging electric grid, extend transmission infrastructure to connect renewable generation locations and modernize its digital network, we see tremendous growth potential in the need to build thi

Nucor Corporation announced today that California Steel Industries, Inc. will build a continuous galvanizing line at its mill in Fontana, California. The new galvanizing line will serve construction end markets in the western United States and is expected to have an annual capacity of 400,000 tons. With the addition of this new line, CSI will have a total hot dip galvanizing capacity of 1.2 million tons per year. The investment is expected to cost approximately $370 million and take 30 months

Olympic Steel Inc. a leading national metals service center, today announced that Michael A. Tookey has joined the Company in the newly created role of Director – Coated Products.In this position, Mr. Tookey’s responsibilities will focus the Company’s efforts on accelerating growth related to coated carbon flat-rolled products and processes, including galvanized, galvannealed, aluminized and automotive grades of steel. He will report directly to David J. Gea

Conventional miter saws are used to create precise angle cuts. However, the existing miter saws in the marketplace are predominantly designed to cut wood. Evolution Power Tools (https://store.evolutionpowertools.com) wanted to create a versatile 14" mitering saw that is optimized to cut heavy duty metals, specifically steel. The result: The industry's first 14" Mitering Chop Saw (S355MCS). Designed to tackle heavy cuts into oversized metal pieces, the S355MCS features a precisio

Eagle Crusher Co., a leading manufacturer in the crushing and screening industry, continues its rich tradition of new product innovation leading into the 2023 year. The company will introduce two new plants on display in the Eagle Crusher booth (C30949) at CONEXPO-CON/AGG, March 14-18, 2023 in Las Vegas. Also on the show floor will be a proven product favorite. Discover the new UltraMax® 1600X-OC Portable Impactor Plant on the show floor. A mammoth in the industry, the 1600X-OC