
Beige Book shows mixed economic trends, manufacturing challenges, tariff concerns
Economic activity across the US experienced slight to moderate growth at the end of 2024, while manufacturing activity showed a slight decline
Economic activity across the US experienced slight to moderate growth at the end of 2024, while manufacturing activity showed a slight decline
All steel, iron, and manufactured products used in federally funded highway projects must soon be made in America. The Department of Transportation announced all waivers to the Buy America requirements for federal infrastructure projects will soon be terminated. Effective March 17, the DOT’s Federal Highway Administration will implement a final rule that will end its […]
Reflecting on 2024 and looking ahead to the new year, galvanized steel buyers on this month’s HARDI call expressed a mix of cautious optimism with lingering uncertainties.
The steel industry may have to wait even longer for the initial duty determinations in the pending coated steel unfair trade investigations.
Locking out its union employees two days before Christmas, Welded Tube's behavior has been very "Grinch-like," according to the USW.
We’ll talk about what to expect from the incoming Trump administration, the changing trade and tariff landscape, and what it all means for the domestic steel industry.
The Lake Carriers’ Association reported a 4.5% y/y decline in December’s ore shipments of 4.6 million short tons.
It feels a little like déjà vu: Trump threatens tariffs, Canada retaliates with tariffs of its own.
Hyundai Motor Group is reportedly considering building a sheet steel mill just south of Baton Rouge, La.
The Trump administration may be considering alternative tariff plans, but Trump said the report is "Fake News."
While steel news may be starting 2025 off with a bang, Nucor’s consumer spot price (CSP) for hot-rolled coil is not.
“We continue to make significant progress in our strategic transformation to become one of North America's leading low-carbon steel producers, setting the stage for an exciting 2025,” CEO Michael Garcia said.
“Responsible management will continue to invest in those facilities,” McCall stated.
“U.S. manufacturing activity contracted again in December, but at a slower rate compared to November,” according to Timothy Fiore, chair of the ISM Manufacturing Business Survey Committee.
The US Department of Commerce has determined that anti-dumping and countervailing duties (AD/CVDs) on welded line pipe imports from China and Japan should remain in place for five more years.
The December reading of 36.9 declined 3.3 points from the previous month to the lowest reading since May 2024.
Nippon Steel's purchase of U.S. Steel could lead to lower steel output domestically, and that presents “a national security risk," the Washington Post reported.
Will Santa bring gifts for the leadership, employees, and shareholders of U.S. Steel and Nippon Steel, and lumps of coal for USW leadership and politicians opposed to the deal?
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.
“Manufacturers are optimistic,” said Timothy R. Fiore, chair of ISM’s Manufacturing Business Survey Committee.
Depressed demand and weak prices drove Worthington Steel’s second fiscal quarter results to a sequential decline.
“New commodity-specific tariffs, mainly on steel and aluminum products, could widen price differentials and divert trade flows,” the credit agency forewarned.
The Commerce Department is raising the import duties on imports of corrosion-resistant sheet and cut-to-length plate from Korea.
The steelmaker has kept its weekly consumer spot price for hot-rolled steel sheet unchanged since Nov. 12.
The Dodge Momentum Index (DMI) slid further in November as planning for data centers and warehouses continued to decline.
Nucor’s weekly spot price for hot-rolled (HR) coil will remain at $750 per short ton (st) for a fifth week.
A newly adjusted anti-dumping duty on imports of oil country tubular goods (OCTG) from Argentina is too low, according to U.S. Steel. This past week, the Department of Commerce released the preliminary results of annual AD duty order reviews on OCTG from both Argentina and Mexico. It is reviewing imports during the one-year period that […]
Canada has launched its own investigation into the dumping of corrosion-resistant steel sheet. Unlike the sprawling coated case underway in the US, this one will look at coated imports from just one country and company.
Jodi Parnell has been named president and CEO of Birmingham, Ala.-based service center group O’Neal Steel.