Analysis
April 26, 2026
Written by Stephen Miller
The US Customs and Border Protection (CBP) opened a portal on April 20 for refunds of tariffs, which were collected from importers on goods covered by International Emergency Economic Powers Act (IEEPA).
These tariffs were commonly called “reciprocal tariffs” or, in some cases, “Liberation Day” tariffs.
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 Steel Demand Index rose to 69.5 in mid-September, its highest reading in more than five years.
SMU’s Mill Order Index (MOI) accelerated in August for a fourth consecutive month, reaching its strongest reading in nearly five years.
Worthington Enterprises reported higher fiscal first-quarter sales and earnings while citing rapidly growing data center demand and continued tightness in the steel market.
Sheet and plate prices continued to tick mostly higher this week amid a supply squeeze that shows no signs of loosening its grip on the US market.