Features

Join SMU for a Community Chat with trade attorney Lewis Leibowitz on Aug. 13
Written by Michael Cowden
August 7, 2025
Veteran trade attorney Lewis Leibowitz will join SMU for a Community Chat on Wednesday, Aug. 13, at 11 am ET. You can register here.
Leibowitz is a regular columnist for SMU, where he writes about trade issues – typically from the perspective of steel buyers, traders, and downstream manufacturers.
We’ll discuss Section 232 tariffs doubling to 50% and their impact on the market as well as the latest on reciprocal tariffs and what they mean for metals. We’ll also delve into some of the legal challenges to President Trump’s tariffs.
And we’ll take your question, too, so make sure to think of some good ones to drop in the Q&A next Wednesday.
Note that while the live webinar is free for anyone to attend, a recording and the slide deck will be available only to SMU subscribers. Contact SMU sales executive Luis Corona at luis.corona@crugroup.com if you’d like to learn more about subscriptions.
Recordings of prior Community Chats – including a good one on July 23 with Institute for Supply Management (ISM) CEO Tom Derry – are here.

Michael Cowden
Read more from Michael CowdenLatest in Features

Final Thoughts: Survey says edition
SMU’s latest survey results indicate that steel market participants think sheet prices are at or near a bottom. But most also think there is limited upside once they inflect higher.

SMU Scrap Survey: Current and Future Sentiment tick down
SMU’s Current Sentiment Index for scrap decreased this month, a move mirrored by our Future Sentiment Index, according to the latest data from our ferrous scrap survey.

Leibowitz: When the shutdown should end
There is no doubt that the current government shutdown reflects the vast divisions between the extremes of American politics, society, and even geography. Almost all Americans agree that government is necessary, but voters disagree...

SMU Survey: Buyers’ Sentiment slips again, future outlook improves
Each of our Sentiment Indices continues to reflect that steel buyers are positive about their present and future business prospects, though that confidence has eased considerably compared to the beginning of the year.

SMU scrap market survey results now available
SMU’s October ferrous scrap market survey results are now available on our website to all premium members.