Market Segment
October 8, 2026
Written by Michael Cowden
Nucor plans to invest $105 million to expand production at its utility towers and structures plant in Crawfordsville, Ind.
The Charlotte, N.C.-based steelmaker said the expansion aims to meet strong demand in the utility and power transmission markets.
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.
Philip K. Bell, head of the Steel Manufacturers Association (SMA), delivered the opening presentation at the fall meeting of the International Iron Metallics Association (IIMA) in Chicago this week. He touched on three key themes: Section 232, the Mesabi Metallics mill in Iowa, and the increasing importance of financial experience for leadership positions in steel.
The US Department of Commerce is considering raising the anti-dumping duties on imports of corrosion-resistant steel products (CORE) from Korea.