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Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of March totaled 3,413,000 net tons (NT).

Roger K. Newport, chief executive officer and board member, AK Steel, will be named Steelmaker of the Year at AISTech 2017 — The Iron & Steel Technology Conference and Exposition.

Constellium N.V. has installed a new recycling furnace at its Muscle Shoals, Alabama facility in an effort to expand recycling capabilities in North America.

Nucor Corporation will invest $85 million to upgrade the rolling mill at its steel bar mill in Marion, Ohio. Nucor Steel Marion, Inc. is Ohio’s largest producer of rebar and signpost, capable of producing over 400,000 tons annually.

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The recycled metals market is seeing the first signs of improvement in months, thanks in part to more and more people becoming optimistic that the economy and the infrastructure changes being proposed by the new Trump administration will have a big impact on the metal markets.