Product
July 24, 2026
Written by Kristen DiLandro
Sources across the hot-rolled coil spot market said it was somewhat easier to find spot HR, at moderately shorter lead times, and at stable prices in recent days.
One mill source noted demand had even slowed a bit compared to earlier weeks. However, the same participants flagged the cool down as an anomaly.
Mesabi Metallics is considering building a direct-reduction iron (DRI) plant as its Minnesota Iron Range iron ore mine and pellet plant begin startup, according to local reports.
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.
Tk accelis announced the launch of a new B2B steel buying and selling marketplace called steelbuy USA.