Steel Products

Port Houston to Reopen After Nicholas
Written by Michael Cowden
September 15, 2021
Port Houston expects to resume normal operations today after being briefly closed ahead of Hurricane Nicholas.
Nicholas has since weakened into a tropical storm.
But port operations were closed on Tuesday because of the storm and because of “widespread power outages,” Port Houston said on Twitter.
“The safety of our team members and partners is our top priority,” the port said.
Market participants did not report any impacts on steel-producing facilities from the storm, but said the disruption could result in even lengthier delays when it comes to moving steel.
Port Houston is one of the largest ports in the U.S. and one of the primary hubs for the steel trade.
By Michael Cowden, Michael@SteelMarketUpdate.conm

Michael Cowden
Read more from Michael CowdenLatest in Steel Products

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.

Whirlpool says tariffs will bolster business
“Economically, the business case for products made in the us has become a lot more attractive," the CEO told Fox Business.

Worthington Enterprises buys Elgen Manufacturing
Worthington Enterprises acquires HVAC products maker Elgen Manufacturing.