Features
Holiday Notice: Labor Day
Written by David Schollaert
August 30, 2024
Steel Market Update will be taking time off in observance of Labor Day.
We will not publish an issue on Sunday, Sept. 1, and our offices will be closed on Monday, Sept. 2.
Our weekly pricing service will not be impacted.
We will resume our regular publication schedule and our pricing service on Tuesday, Sept. 3.
David Schollaert
Read more from David SchollaertLatest in Features
Final Thoughts: AMU brings the news
Usually, I write about steel in this column because, well, we’re Steel Market Update. But before I get to steel, I want to give a shoutout to my colleagues at Aluminum Market Update (AMU) – SMU’s new sister publication.
U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.
Steel market chatter this week
Earlier this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events.
US mill buys two cargoes of Brazilian pig iron down from Sept prices
SMU spoke with a large channel in Brazil who confirmed his company sold a cargo of 50,000 metric tons (mt) to a US buyer at $383/mt FOB Brazil. That's down $12/mt from the last cargo sold in September.
Final Thoughts
If I could change something, it’d be this: Political news would get more boring. And news about steel prices and steel demand would get a little more exciting.