Nucor Stock Rallies 46.9% Year to Date on Strong Demand and Higher Steel Prices

Alurion Resources Limited said an independent road-logistics study has confirmed that road haulage is viable at all tested capacities for its Amargosa bauxite project in Bahia, Brazil, up to 11.5 wet Mtpa, twice the Scoping Study base case of 5.75 wet Mtpa, or 5 Mtpa dry. The study, commissioned from specialist transport-engineering consultancy Engimind, assessed three haulage scenarios, the Scoping Study base case of 5.75 wet Mtpa plus 8.6 and 11.5 wet Mtpa, and found no modelled road-capacity constraints on either the northern route to the Port of Enseada or the southern route to a proposed FIOL rail load-out. The preferred Enseada routes run mostly via the BR-101 federal highway over approximately 160 km from the North District and 220 km from the Central District, with Alurion trucks expected to represent less than 1% of total vehicles at 5.75 Mtpa, rising to 1.6% at 11.5 Mtpa. Alurion is advancing engineering work with the Enseada port operator to assess expanding port capacity to up to 13.5 wet Mtpa, while the southern option would use an 86 km road connection to FIOL, potentially avoiding the approximately 40 km dedicated rail spur envisaged in the Scoping Study. The findings are the first of the sequenced PFS workstreams to complete and will underpin the Amargosa direct-ship bauxite PFS targeted for mid-2027, with drilling, trenching and metallurgical programs scheduled from Q4 2026 onwards.

Home Product Center Public Company Limited, or HMPRO, has announced a partnership with Tata Tiscon to bring EF steel bars, a low-carbon steel bar produced using electric arc furnace technology from 100% recycled scrap steel, to MegaHome stores nationwide. Part of the scrap steel comes from HomePro customers' electrical appliances through the Trade Old for a New World program. Mr. Theerapong Samphan, Assistant Managing Director of the Construction Procurement Group at HomePro, said that offering EF steel bars this time helps technicians, contractors, and consumers access low-carbon construction materials more easily at an affordable price. Mr. Chaichalerm Bunyanuwat, Senior Assistant Managing Director of Marketing and Sales at Tata Steel (Thailand) Public Company Limited, said the project shows that the circular economy can truly happen in everyday life, when scrap metal from products consumers no longer use returns to the production process through Tata Steel Thailand's EAF technology and is turned back into standard-quality steel bars sold again through MegaHome. Using one ton of steel bars produced with an EAF furnace reduces carbon dioxide emissions by the equivalent of planting more than 180 trees, and cuts carbon dioxide emissions by about three to four times compared with the BF-BOF steelmaking process. The products carry verifiable environmental information, including EPD, CFP, and the Green Label. Tata Tiscon's product range also includes SD50 high-strength steel bars, which help reduce the amount of reinforcement steel used by up to 20%, and CUT & BEND prefabricated cut-and-bent steel, which helps reduce steel waste at job sites by 10-15%. Tata Tiscon EF steel bars are available today at MegaHome stores nationwide.