Tag: Automotive

The US scrap market for October is a bit unsettled as the UAW strike against the Big Three automotive companies has expanded and shows scant signs of an imminent settlement.

Pessimism grew among metalformers in September’s business report from the Precision Metalforming Association.

The latest SMU Market Survey results are now available on our website to all Premium members.

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.

Worthington Industries said it has so far been little impacted by the United Auto Workers (UAW) strike.

Sheet prices declined less than usual this week. Does that mean we’re nearing a bottom, or is it just a pause before the market moves lower yet again?

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.

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.

Ford of Canada union workers represented by Unifor ratified a new, three-year labor agreement on Sunday.

We’ve been busier than usual lately covering two major events (in addition to our pricing and data services) – the potential sale of U.S. Steel and the United Auto Workers (UAW) union strike. Let’s review some possible developments in each. U.S. Steel Sale – Back in the Headlines We learned last week that Stelco had […]

The United Auto Workers (UAW) union has more leverage than the Detroit Three automakers in the current strike that started Sept. 15, according to Jason Schenker, president of Prestige Economics.

The United Auto Workers (UAW) significantly escalated its strike against General Motors and Stellantis on Friday.

Canadian steelmaker Stelco Holdings Inc. is now in the mix to purchase U.S. Steel, according to an article in Bloomberg on Thursday, which cited people familiar with the matter.

A big "thank you" to Wolfe Research and Timna Tanners for organizing a lunch in today in Chicago with a group of steel industry participants and investors.

North American auto assemblies saw its best total year to date in August, and its best mark in nearly five years, driven by a 32.8% jump in total assemblies vs. July’s output.

United Auto Workers (UAW) union members in Alabama at a parts supplier to Mercedes-Benz have gone on strike.

US light-vehicle (LV) sales rose to an unadjusted 1.33 million units in August, up 12.8% vs. year-ago levels, while domestic LV sales fell 4.5% month-on-month.

Ford's Canadian subsidiary and auto workers represented by Unifor - roughly the Canadian equivalent of the UAW - have reached a new, tentative labor agreement.

Sheet prices fell again this week, this time not on fears of a United Auto Workers (UAW) union strike but on the actual thing.

United Auto Workers (UAW) union president Shawn Fain has announced a new deadline of Friday, Sept. 22, at noon, at which point the union could expand its strike.

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

Unifor, which represents union auto workers in Canada, has extended negotiations with Ford, thus delaying a strike.

As the world works to decarbonize and limit greenhouse-gas emissions to reach the goals outlined in the Paris Agreement, many steel companies have joined others in setting their own targets to reach net zero emissions by 2050.

U.S. Steel said on Monday it plans to temporarily idle blast furnace ‘B’ at its Granite City Works near St. Louis. The Pittsburgh-based steelmaker said it made the move in response to the United Auto Workers (UAW) union strike against “Big Three” automakers Ford, General Motors, and Stellantis. “Following the announcement of UAW strike actions, […]

The United Auto Workers (UAW) strike that started Friday leaves the Detroit 3 automakers—and it’s union-represented workers—in uncharted territory.

Unifor, the union which represents Canada’s auto workers, has written a letter in solidarity with the United Auto Workers (UAW) strike as its own labor contract deadline nears.

The United Auto Workers (UAW) launched its “stand up” strike just after midnight on Friday, according to posts on the union’s Facebook page. “We are the union! The mighty, mighty union,” UAW members with “On Strike” signs chanted in a video posted to the site. The move came after union president Shawn Fain suggested that […]

SMU Managing Editor Michael Cowden shares his Final Thoughts for the week on what happens to steel if the United Auto Workers (UAW) launch a series of “stand up” strikes at midnight tonight against Ford, General Motors, and Stellantis?

The United Auto Workers (UAW) union will strike specific plants across all “Big Three” automakers if new labor contracts are not reached by midnight on Thursday.