Market Segment
May 19, 2025
Written by Ethan Bernard
Nucor has lowered its consumer spot price (CSP) by $20 per short ton (st), marking the third consecutive weekly decrease.
This week’s base CSP will be $880/st, the Charlotte, N.C.-based steelmaker said to customers in a letter on Monday.
The US Department of Commerce has preliminarily determined that critical circumstances exist in the countervailing duty (CVD) investigation of imports of large-diameter graphite electrodes (LDGEs) from China.
SMU’s Mill Order Index (MOI) accelerated in August for a fourth consecutive month, reaching its strongest reading in nearly five years.
Tk accelis announced the launch of a new B2B steel buying and selling marketplace called steelbuy USA.
Farming equipment manufacturer John Deere announced it will call back more than 375 employees to work across its Quad Cities factory operations.
The American Iron and Steel Institute (AISI) is pressing President Donald Trump to raise the issue of China’s steel exports and industry subsidies during his upcoming summit with Chinese President Xi Jinping.