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Nucor Corporation reported consolidated net earnings of $323.0 million, or $1.00 per diluted share, for the second quarter of 2017.

Novelis, a leader in aluminum rolling and recycling, reported net income of $101 million for the first quarter of fiscal year 2018, compared to net income of $24 million in the prior year period.

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,434,000 net tons (NT) of steel in May 2017, including 2,574,000 NT of finished steel (up 2.5 percent and 1.8 percent, respectively, vs. April final data).

Kripke Enterprises, Inc. (KEI) a nonferrous scrap metal brokerage headquartered in Toledo, Ohio has acquired aluminum coil distributor Mid South Aluminum, Inc. based in Jackson, Tennessee.

JSW Steel (USA) Baytown, Texas, has received preliminary board approval, contingent upon securing governmental financial support, to proceed with a full-scale modernization project. The new state-of-the-art discrete plate mill will significantly increase product offerings.