Community Events
June 27, 2025
Written by Stephanie Ritenbaugh
Nippon Steel must not close or sell U.S. Steel’s Granite City Works in Illinois within the next two years or move the steelmaker’s headquarters from Pittsburgh without President Trump’s approval.
Those are among the provisions included in the $14-billion deal allowing Nippon to acquire U.S. Steel.
This October, SMU is introducing a new way to keep you informed on the latest steel market news and insights: the Daily Digest. Beginning in mid-October, our new Daily Digest will replace the three newsletters currently delivered each week.
Vehicle affordability pressures are limiting growth in vehicle volumes, according to Mark Strand, deputy chief economist at Cox Automotive. SUVs, fleet activity, and aftermarket work could support steel demand, he told the audience last week at Steel Summit 2026 in Atlanta.
Panelists on the trade panel at SMU Steel Summit 2026 reflect on issues affecting the industry.
Data center construction is supporting US nonresidential construction activity and steel demand, according to Eric Gaus of Dodge Construction Network.
Leading steel analysts gave their forecasts for 2027 pricing and market dynamics at Steel Summit 2026.