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Latin AmericaAlgoma Steel suspends EAF production after an outage at its Lake Superior Power facility, with alternative power options being assessed to restart steelmaking within about 10 days.
Latin AmericaNucor plans a $59 million expansion of its Vulcraft Indiana facility, adding steel grating production capacity and 20 new manufacturing jobs.
Latin AmericaCanada launches a C$100 million steel freight rebate, covering 50% of eligible interprovincial rail and marine shipping costs to strengthen domestic steel trade.
Latin AmericaArch City Steel highlights Nickel Alloy 201 tubing benefits, including reliable performance, reduced downtime and suitability for demanding industrial applications.
Latin AmericaHybar secures over $1 billion to build a recycled steel rebar mill, advancing sustainable steel production and scrap recycling initiatives.
Latin AmericaMexico extends anti-dumping duties on US steel pipe imports for five years, aiming to protect domestic producers from unfair trade practices.
Latin AmericaTYASA has launched the first phase of its special steel project in Mexico, adding 400,000 tonnes of annual capacity to serve automotive, energy, and industrial markets.
Latin AmericaTernium, a Latin American steel producer, reported a remarkable 839% increase in net profits for the fourth quarter of 2023, soaring from $59 Mn in Q4 2022 to $554 Mn in the last quarter of 2023. This surge was attributed to the commissioning of a new hot rolling mill at its Mexican facility in Pesquería, Nuevo León.
Latin AmericaGerdau Mexico has partnered with Harsco Environmental for a seven-year scrap metal service term, aiming to improve its environmental sustainability and operational efficiency. The collaboration involves Harsco providing on-site scrap handling and processing services for Gerdau's steel mill in Mexico.
Latin AmericaBYD to establish new electric vehicle plant in Mexico, aiming for U.S. export hub
Latin AmericaNvidia briefly surpasses Amazon in market value amid AI frenzy
Latin AmericaDiamondback Energy to acquire Endeavor Energy in $26 billion mega shale deal
