Contributor: Laura Miller

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

Cleveland-Cliffs sets Nov. 1 closing date for Stelco deal

Cleveland-Cliffs has received all the required approvals to finalize its $2.5-billion acquisition of Canadian steelmaker Stelco Holdings Inc.

Cliffs maintains $750/ton list price for HR sheet

Cleveland-Cliffs is keeping its market price for HRC flat at $750/short ton with the opening of its December order book.

BlueScope lowers profit predictions due to global steel slowdown

Australia’s BlueScope Steel has lowered its earnings guidance due to challenging conditions in the global steel industry.

Trump reiterates opposition to USS sale to foreign firm

Former President Donald Trump repeated his disapproval of U.S. Steel’s sale to a foreign owner in a campaign speech on Sunday.

Reliance profits drop on lower prices and near-term uncertainty, better '25 expected

Reliance Inc. reported a fall in third-quarter earnings, exacerbated by near-term election and demand uncertainty. With little relief expected through the end-of-year holidays, North America's largest metals service center group is looking ahead to better days in 2025.

SSAB posts Q3 profit, sees caution among US buyers

Swedish steelmaker SSAB said its weaker third-quarter financial performance was due to muted demand, planned maintenance outages, and the continued decline of US plate prices.

Commerce adjusts duties on large OD welded P&T

The US Department of Commerce is conducting annual administrative reviews of antidumping and countervailing duty (AD/CVD) orders on certain imports of steel pipe and tube.

Nucor upbeat on progression of flat rolled expansions

Nucor isn’t overly concerned with low utilization rates or an oversupplied market, as its investment strategy is for the long term, executives reminded investors on Tuesday.

Import duties on HR steel to see full expiry review

The US International Trade Commission (ITC) has decided to conduct full sunset reviews of 23-year-old anti-dumping and countervailing duties (AD/CVD) on hot-rolled (HR) steel imports.

Coated steel trade case moves forward with affirmative ITC vote

On Friday, the US International Trade Commission (ITC) voted to continue the trade case investigation of corrosion-resistant (CORE) steel imports from 10 trading partners.

SDI presses on with steel, aluminum investments

Steel Dynamics Inc. remains optimistic about its prospects as it ramps up flat-rolled steel operations and prepares for the production of aluminum products next year. Executives from the Fort Wayne, Ind.-based steelmaker provided an update on the company’s operations on a conference call on Thursday held to discuss SDI’s third-quarter earnings results.

SMU Community Chat: Barry Zekelman champions domestic steel

Domestic steel champion Barry Zekelman joined SMU to discuss the latest issues impacting the US steel market.

New York state manufacturing falls back into contraction

After a brief pickup in September, manufacturing activity in New York state retreated into contraction, according to the October Empire State Manufacturing Survey.

Worldsteel lowers short-term forecast for global steel demand

The World Steel Association (worldsteel) has made significant downward revisions to its Short Range Outlook for global steel demand.

Nucor drops HRC price to $720/ton

After holding its weekly spot price for hot-rolled (HR) coil steady for three weeks at $730 per short ton (st), Nucor lowered the price this week by $10/st.

Cliffs hosts fireside chat on industry, union, government collaboration

Cleveland-Cliffs’s Chairman, President, and CEO Lourenco Goncalves hosted a fireside chat with US Trade Representative Katherine Tai and Acting Secretary of Labor Julie Su on Friday at the company’s plate mill in Coatesville, Pa.

Nippon agrees to sell Calvert stake, if USS deal closes

ArcelorMittal is set to take full ownership of AM/NS Calvert if Nippon Steel finalizes its pending acquisition of U.S. Steel.

AZZ back on the hunt for M&A in the galv space

AZZ Inc., relatively unfazed by volatility in zinc pricing, is optimistic about demand prospects and M&A opportunities, especially in the galvanizing sector.

Former AK Steel headquarters are up for sale

The building that was once the headquarters of AK Steel is again up for sale.

ArcelorMittal Mexico to return to full production next week

After a complete stoppage earlier this year, ArcelorMittal Mexico’s steel mill in Lazaro Cardenas, in the state of Michoacán, will soon return to full production.

SMU price ranges: Sheet slips, plate falls to 45-month low

Steel sheet and plate prices moved lower this week as efforts among some mills to hold the line on tags ran up against continued concerns about demand.

US bans steel made with forced labor from Baowu subsidiary

The US has banned imports from a subsidiary of the world’s largest steelmaker because it is allegedly using forced labor to produce steel products.

Dodge Momentum drops on moderating data center growth

Slowing growth in data center planning caused the Dodge Momentum Index (DMI) to pull back in September. The decline followed five months of growth after the index hit a two-year low in March.

Nucor maintains HR list price of $730/ton for a third week

Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil is unchanged this week at $730 per short ton (st).

China challenges Canada’s tariffs on steel, aluminum, EVs

China is challenging Canada’s decision to put tariffs on imports of Chinese steel, aluminum, and electric vehicles.

All stakeholders watching for impacts of dockworkers' strike

All eyes are on the coastwide longshoremen's strike, with many scrambling to assess the situation and understand its implications for their businesses and the economy.

Nucor holds HR base price at $730/st

Nucor is holding its hot-rolled (HR) coil consumer spot price (CSP) at $730 per short ton (st) this week.

Calls for talks as coastwide labor strike could hit supply chains on Tuesday

Unless a last-minute deal is struck by midnight on Monday, a massive work stoppage will hit ports up and down the East and Gulf Coasts on Tuesday and cause widespread supply chain disruption. Master contract negotiations remain stalled between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX). The employer group took […]

Commerce launches investigation into imports of coated flat-rolled steel

On Thursday, the Department of Commerce announced it would initiate investigations into coated steel imports from ten countries.

Buyers say galv prices stable mill level but stuck in swamp on the street

Galvanized steel buyers on Tuesday discussed the eerie stability in sheet prices of late. Expectations are for the murky market to persist in the short term, while glimmers of hope continue for prices pushing higher.