Features
Holiday Notice: Happy Holidays from SMU!
Written by Brett Linton
December 24, 2024
The staff of Steel Market Update will be taking some time off for Christmas and the New Year holidays.
Our final issue of 2024 will be published on Sunday, Dec. 22. Our offices will be closed from Monday, Dec. 23 through Wednesday, Jan. 1.
We will resume our regular publication schedule on Thursday, Jan. 2, and will next update our price indices on Tuesday, Jan. 7.
While we are away, we will make every effort to report any breaking news in a timely manner.
From all of us at SMU, we truly appreciate your business and wish you and yours all the best this holiday season!
Brett Linton
Read more from Brett LintonLatest in Features
Final Thoughts
With the tariff craziness showing no signs of abating, we take you on a tour of the current situation.
US importers face stricter rules under revamped S232 tariffs
“CBP expects full compliance from the trade community for accurate reporting and payment of the additional duties. CBP will take enforcement action on non-compliance," the agency said in a March 7 bulletin.
Trump holds off on 50% Canadian steel, aluminum tariffs after day of threats and reversals
Section 232 tariffs are expected to go into effect March 12.
AISI: Raw steel production climbs to second-highest rate of the year
Raw steel mill output rebounded last week after falling to one of the lowest levels of the year, according to the American Iron and Steel Institute (AISI). Production is now at the second-highest weekly rate recorded so far in 2025.
Trade groups push for steel tariffs, no exceptions
The penalties are expected to be reinstated on Wednesday, March 12.