Analysis
February 11, 2021
Written by Michael Cowden
General Motors warned that high steel and metals prices combined with a global chip shortage could cost it billions.
“We expect commodity prices to be a significant headwind as platinum group metals and steel prices have seen major increases in recent weeks and months,” GM Chief Financial Officer Paul Jacobson said in a recent earnings conference call.
Fresh off SMU Steel Summit 2026, we are already looking ahead to Tampa. Join industry peers on March 7–9, 2027, for the 38th annual Tampa Steel Conference in Tampa, Florida. The event brings together steel producers, distributors, service centers, ports, logistics providers, and market experts to connect, exchange perspectives, and take the pulse of the […]
US sheet buyers have grappled with supply scarcity in both the spot and contract markets throughout 2026. Now the supply squeeze is spilling over into 2027, according to market participants.
This October, SMU is introducing a new way to keep you informed on the latest steel market news and insights: the Daily Digest. Beginning in mid-October, our new Daily Digest will replace the three newsletters currently delivered each week.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
The import market for pig iron may have bottomed out, according to sources in Brazil.