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Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,686,000 net tons (NT) of steel in December 2016, including 2,146,000 net tons (NT) of finished steel (down 4.3 percent and up 0.6 percent, respectively, vs. November final data).

Nucor Corporation announced consolidated net earnings of $159.6 million, or $0.50 per diluted share, for the fourth quarter of 2016 and $796.2 million, or $2.48 per diluted share, for fiscal 2016.

Noranda Bauxite and Noranda Alumina, affiliated companies in the bauxite mining and alumina refining industries, have announced the appointment of their team of chief officers.

Keep America Beautiful, a nonprofit which envisions a country in which every community is a clean, green and beautiful place to live, presented the Steel Recycling Institute (SRI) with a 20th Anniversary Recognition Award at the national nonprofit’s annual National Awards Ceremony, which took place during the Keep America Beautiful National Conference in Washington, D.C.

The American Iron and Steel Institute (AISI) reported that for the month of December 2016, U.S. steel mills shipped 7,173,245 net tons, a 6.7 percent increase from the 6,724,277 net tons shipped in the previous month, November 2016, and a 9.4 percent increase from the 6,556,342 net tons shipped in December 2015. Shipments for full year 2016 are 86,533,341 net tons – a de minimis change from shipments of 86,546,657 net tons for full year 2015.

Published in the March 2017 Edition of American Recycler News