Contributor: Becca Moczygemba

On Monday and Tuesday of this week, SMU polled steel buyers on a variety of subjects, including steel prices, demand, inventories, imports, the UAW strike, and what people were talking about in the market.

Commercial Metals Company (CMC) has unveiled its new branding as "CMC," reflecting its growth beyond metals.

Construction spending in the US increased in August, according to the Associated General Contractors of America (AGC).

US raw steel output took a downward turn during the week ending Sept. 30, according to data released by the American Iron and Steel Institute (AISI) on Monday, Oct. 2.

The 2023 NexGen Award winner Daniel Doderer may not consider himself a veteran of the steel industry yet, but he's eager to make his mark.

The number of active oil and gas drilling rigs in the US dropped this week while Canada’s count increased by one, said oilfield services company Baker Hughes in its weekly report.

SMU's weekly survey reflects what people in the market are talking about. Lately, a popular topic has been the United Auto Workers (UAW) strike.

The United Auto Workers (UAW) president Shawn Fain is scheduled to make an announcement on Facebook Live, according to the UAW International Union's Facebook page.

Ford Motor Co. said on Monday that it has stopped work at its $3.5-billion project for an electric vehicle (EV) battery plant in Michigan, according to media reports.

Despite economic headwinds in the headlines, the near-term future could prove brighter than expected, according to members of the Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) speaking on the Tuesday, Sept. 26, meeting of its Sheet Metal/Air Handling Council.

Domestic raw steel output was up slightly for the week ending Sept. 23, according to data released by the American Iron and Steel Institute (AISI) on Monday, Sept. 25.

Global steel production tapered off in August vs. July, according to the latest figures from the World Steel Association (worldsteel).

The number of active oil and gas drilling rigs in the US dropped this week, while Canada’s count remains unchanged, according to the most recent data from oilfield services company Baker Hughes.

When you think about the steel industry, steel mills and service centers are probably at the forefront. But there’s one specific component that often flies under the radar: graphite electrodes.

August’s Architecture Billings Index (ABI) reading from the American Institute of Architects (AIA) and Deltek showed a moderate decrease.

On Monday and Tuesday of this week, SMU polled steel buyers on a variety of subjects, including steel prices, demand levels, sheet prices abroad, inventory, the UAW strike, and what people are talking about in the market

US housing starts slipped in August, according to the latest estimates from the US Census Bureau.

Ford and General Motors have announced temporary layoffs in the wake of the United Auto Workers (UAW) union strike.

Raw steel output in the US ticked up for the week ending Sept. 16, a reversal after three weeks of decline, according to data released by the American Iron and Steel Institute (AISI) on Monday, Sept. 18.

As the deadline for a United Auto Workers (UAW) strike nears, the vast majority of market participants polled by SMU expect union workers will strike.

Domestic steel production declined for the week ending Sept. 9, the third consecutive drop, according to data released by the American Iron and Steel Institute (AISI) on Monday, Sept. 11.

Domestic heating and cooling equipment shipments shifted down in July, according to newly released data from the Air Conditioning, Heating, and Refrigeration Institute (AHRI).

The US Federal Reserve said that although overall economic activity was modest in July and August, per its latest Beige Book Report released on Sept. 6, the report was still slightly more optimistic than the previous one.

The US rotary rig count bounced back up this week, while Canada's shifted down, according to the latest data from oilfield services company Baker Hughes.

Activity in the US manufacturing sector continues to slow, according to the latest monthly report on business from the Institute for Supply Management (ISM).

On Monday and Tuesday of this week, SMU polled steel buyers on a variety of subjects, including steel prices, demand levels, sheet prices abroad, inventory, and what people are talking about in the market. Rather than summarizing the comments we received, we are sharing some of them in each buyer’s own words.

Domestic raw steel production was slightly down last week as the South showed the largest regional decline, according to data released by the American Iron and Steel Institute (AISI) on Monday, Sept 5.

US and Canadian rig counts both dropped last week, according to the latest data from oilfield services company Baker Hughes. Active rigs in the US fell to 631 as of Sept. 1, down by one from the previous week. US oil rigs remained unchanged week over week at 512, while gas rigs fell by one […]

Steel Market Update will be taking time off in observance of Labor Day.

The Chicago Business Barometer edged up in August. This is the third consecutive monthly increase according to the latest indicators from Market News International (MNI) and the Institute for Supply Management (ISM).