Contributor: Becca Moczygemba

Construction jobs may have increased year over year in July, but many positions remain unfilled.

Although some construction companies have a backlog, many jobs are getting put on hold, according to members of the Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) Sheet Metal/Air Handling Council.

Michigan-based distributor Mill Steel is growing its presence in Ohio.

US raw steel production dropped back down after the previous week's increase, according to data released by the American Iron and Steel Institute (AISI) on Monday, Aug. 28.

Alan Beaulieu, president of ITR Economics, joined us again at Steel Summit to talk about what is on the horizon for 2024.

Steel Summit's trade panel opened the conversation around the ongoing negotiations between the US and EU, decarbonization, and trade.

The US rig count fell for the seventh consecutive week, while Canada's count moved up according to to the latest data from oilfield services company Baker Hughes.

After four months of increases, orders for durable goods in the US dropped in July.

Will there be a recession in 2023? Steel Summit keynote speaker Gene Marks weighed in on what he thinks about the possibility of a recession.

July was a stable month for business at architectural firms, according to the month's Architecture Billings Index (ABI) reading from the American Institute of Architects (AIA) and Deltek .

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.

Inventory availability and mortgage rates are a limitation for home buyers as existing home sales fell in July, according to the National Association of Realtors (NAR).

Though steel prices continue to drop, more buyers are holding off on finalizing transactions.

Active rig counts in the US inched down again this week, while Canadian rigs ticked up, according to to the latest data from oilfield services company Baker Hughes

As mortgage rates continue to rise and housing demand slows, builder confidence is waning. A drop in July housing starts was the first in seven months.

U.S. Steel dropped a bombshell last week when it announced that it is up for sale. While a company buyout would be profitable for any buyer, there could be regulatory hurdles, according to industry analysts.

Domestic raw steel production inched up last week, according to data released by the American Iron and Steel Institute (AISI) on Monday, August 14.

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

Canada's Algoma Steel Inc. reported better than expected results for its fiscal 2024 first quarter.

Active rig counts in the US trickled down this week, while Canadian rigs ticked up, according to to the latest data from oilfield services company Baker Hughes.

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.

The Dodge Momentum Index (DMI) dropped in July due to varying trends in the commercial sector, according to the latest data from the Dodge Construction Network (DCN). The DMI dropped 0.9% from June’s revised reading of 195.1 to 193.4 in July, but it was still 21% higher than the same time last year. “While both segments […]

Steel buyers continue to keep a close eye on prices and inventory levels as we head into the last four months of 2023.

GrafTech International Ltd. gained sequential improvement in the second quarter.

US raw steel production declined last week, with a significant drop seen in the South, according to data released by the American Iron and Steel Institute (AISI) on Monday, August 7.

Rig counts in the US and Canada are back down this week according to to the latest data from oilfield services company Baker Hughes.

We’re two weeks away from the 13th annual SMU Steel Summit.

Klöckner & Co. reported a positive cash flow in its latest earnings release. Despite a tough economic climate, it is leaning on its strengths to weather a moderately unfavorable outlook.

The Global Steel Climate Council (GSCC) has officially published its Steel Climate Standard.

David Stickler is eager to demonstrate how advancements in technology can contribute to making the rebar market more sustainable.