U.S. Steel Plans Nearly $3 Billion Hot Strip Mill Investment
U.S. Steel plans to invest nearly $3 billion in a new hot strip mill at its plant near Pittsburgh, replacing aging equipment with modern steelmaking technology.
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Steel Dynamics Reports Q3 2026 Net Income of $756 Million
Steel Dynamics reported third-quarter net income of $756 million, or $5.26 per diluted share, and adjusted EBITDA of $1.2 billion. The company also reported record steel shipments of 3.8 million tons.