Features

Holiday Notice: Easter
Written by Ethan Bernard
April 17, 2025
Steel Market Update will be taking time off in observance of Good Friday and Easter.
Our offices will be closed on Friday, April 18, and we will not publish our Executive issue on Sunday, April 20.
Our weekly pricing service will not be impacted.
We will resume our regular publication schedule on Monday, April 21, and our pricing service on Tuesday, April 22.
We wish the entire SMU community a restful holiday weekend.

Ethan Bernard
Read more from Ethan BernardLatest 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.