
Commerce debuts 'inclusions process' for steel, aluminum derivative products
The US Commerce Department has set up an “inclusions process” to add derivative aluminum and steel articles within the scope of the new Section 232 tariffs.
The US Commerce Department has set up an “inclusions process” to add derivative aluminum and steel articles within the scope of the new Section 232 tariffs.
Brent Wilson talks about the different takes on President Trump's tariffs in Europe and the US.
U.S. Steel CEO praised the company’s resilience, “despite the seasonally low results driven by annual mining logistics constraints in our North American Flat-Rolled segment and lagging spot prices.”
Nucor said several of its capital projects will start operations within the next year and provided an update on them.
Canada’s Algoma Steel swung to a loss in the first quarter amid "market challenges," and the company now expects first steel production from its first EAF in the second quarter.
Nucor’s top exec Leon Topalian said the benefit of the current administration’s aggressive trade policies “trumps” any risk of potentially higher raw materials prices.
Nucor’s profits fell precipitously in the first quarter, but the company has a rosier outlook for the following quarter.
Worthington Steel is preparing to move its corporate headquarters to the Easton area of Columbus, Ohio.
SMU Steel Summit 2025 will be here before you know it. Be sure to register!
Nucor Corp. has promoted Thomas J. Batterbee to the position EVP of human resources and talent and appointed Elizabeth Bledsoe to the newly created position of president of human resources and talent.
GrafTech International reported a wider net loss in the first quarter amid “global economic uncertainty” and “fluid” global trade policies.
Steel Dynamics' top exec thinks Trump’s tariff policies, as well as the results from the recent CORE case, will prove advantageous to the Fort Wayne, Ind.-based steelmaker and aluminum company.
The US subsidiary of the Acerinox Group has named Clive Grannum as their new CEO.
Coil coater AZZ Inc. sees President Trump’s aggressive trade policy stoking demand for coating solutions for steel and aluminum made in the US.
I put some of our survey data through ChatGpt, with interesting results.
SDI earnings slip in first quarter year over year, but are up sequentially.
AZZ Inc. posted higher earnings in its fiscal fourth quarter, but sales slipped on weather disruptions.
POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.
Nearly 50% of respondents to our latest survey thought hot-rolled coil prices have already peaked. And where will those prices be two months from now? Responses were decidedly split on that question.
Steel Market Update will be taking time off in observance of Good Friday and Easter.
Current Sentiment Index dropped six points to +42 this week compared to two weeks earlier. It has fallen in every successive survey since reaching a 2025 high of +66 on Feb. 19.
The American Iron and Steel Institute (AISI) has announced the publication of the third version of the Product Category Rules (PCR) for North American Steel Construction Products.
South Korea’s POSCO is eyeing linking up with Hyundai Steel in the project to build a steel plant in Louisiana, according to media reports.
Olympic Steel has named Alex Hegler as general manager for its Action Stainless facility in Rock Hill, S.C.
What happens when ChatGPT meets SMU's Market Chatter? No, this is not an idea for the latest Hollywood blockbuster. Then again, with what Hollywood is putting out these days, Chatter Meets Chat might just turn out to be a hit. Rather, it’s that old idea of putting theory into practice. Recently, I conducted an interview with Doug Schrock, managing principal of AI at public accounting and consulting firm Crowe. He gave some tips on how to implement AI into your business.
President Trump on Wednesday signed an executive order meant to breathe new life into American shipbuilding and curb Chinese dominance in the sector.
The price spread between hot-rolled coil (HRC) and prime scrap narrowed in April after widening since January, according to SMU’s most recent pricing data.
US scrap prices declined in April for all the grades tracked by SMU amid tariff uncertainty, according to market sources.
Despite ordering a new review of Nippon Steel’s bid for U.S. Steel, President Trump said he is still against selling USS to a Japanese company, according to media reports.
Investment firm Ancora Holdings Group has halted its play for U.S. Steel's board, citing Nippon Steel’s proposed bid for USS “gaining momentum.”