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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 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.

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

China notified the World Trade Organization (WTO) of its intent to ban the import of certain scrap materials by year end. Among the items included on the list are most scrap plastics (“including polymers of ethylene, styrene, vinyl chloride and PET…”), mixed paper and slags and drosses.