Steel Products

UAW Set to Target Individual Plants at Detroit 3: Report
Written by Ethan Bernard
September 13, 2023
The United Auto Workers (UAW) union is preparing a “strategic strike,” targeting specific plants at all three of the Detroit automakers, according to a report in the Detroit Free Press.
The union can then “escalate actions” at additional plants as the negotiations continue, said the article, which was published on Tuesday and which cited anonymous sources.
The report said the plan was first detailed to union leaders late last week and Monday. It was then communicated to UAW Local leaders on Tuesday evening.
However, the situation could change depending on the outcome of ongoing the negotiations. Recall that the UAW’s contracts with Ford, General Motors and Stellantis expire on Thursday at 11:59 pm.
UAW President Shawn Fain will be on Facebook Live on Wednesday at 5 pm ET. His office said in an email to union members on Monday that he would provide the “very latest” on bargaining with the “Big Three.”
The Free Press article said he was expected to elaborate on the strike strategy then.

Ethan Bernard
Read more from Ethan BernardLatest 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.