Sheet
June 20, 2025
Worthington Enterprises buys Elgen Manufacturing
Written by Ethan Bernard
Worthington Enterprises has acquired HVAC products maker Elgen Manufacturing of Closter, N.J.
Terms of the deal were not disclosed.
Sheet
June 20, 2025
Written by Ethan Bernard
Worthington Enterprises has acquired HVAC products maker Elgen Manufacturing of Closter, N.J.
Terms of the deal were not disclosed.
Steel imports into the US crept higher in August and continued climbing in September, according to the Department of Commerce's latest import license data.
Earlier this week, SMU polled steel buyers on topics ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events. Below, we share a selection of the comments we received, in each buyer’s own words.
The US Department of Commerce is considering raising the anti-dumping duties on imports of corrosion-resistant steel products (CORE) from Korea.
SMU’s latest Flat-Rolled Steel Survey points to largely stable demand, but foreign steel orders have softened since the previous survey, and service centers continue to report stronger activity than manufacturers.
Nucor's consumer spot price for hot-rolled increased by $10/st w/w on Monday, Oct. 5 to $1,230 per short ton.