Steel Products

Tune in June 23 for SMU's Community Chat with SSAB Americas President Charles Schmitt
Written by Michael Cowden
May 21, 2021
Don’t forget to tune into SMU’s next Community Chat webinar on Wednesday, June 23, at 11 a.m. ET with SSAB Americas President Charles Schmitt.
SSAB, a Nordic steel company with employees in over 50 countries, claims to be the largest producer and supplier of heavy plate in North America, with a market share of approximately 33% in 2020. SSAB maintains a strong market position in the energy and heavy transport markets. Schmitt is responsible for SSAB America’s mills in Mobile, Ala., and Montpelier, Iowa.
In addition to his observations on the steel plate market, Schmitt will undoubtedly discuss his company’s leadership in the green steel movement. SSAB is working to be the world’s first steel company to deliver iron ore-based fossil-free steel to the market in 2026. This includes an active leadership role in the HYBRIT hydrogen steelmaking joint venture. SSAB’s goal is to be fossil free as a company by 2045.
Schmitt is a graduate of the University of Texas at Arlington with a degree in business administration and finance. Before assuming his current role, he was vice president of the Southern Business Unit of SSAB Americas and prior to that held positions with U.S. Steel Corp.
The 45-minute Community Chat is free and open to SMU members and non-members alike. Click here to register.
To listen to past Community Chats you may have missed, click here.

Michael Cowden
Read more from Michael CowdenLatest in Steel Products
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]

Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.

CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]

Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.

OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.