Category: Company Announcements

Steel Market Update will be taking time off in observance of Labor Day.

Will there be a recession in 2023? Steel Summit keynote speaker Gene Marks weighed in on what he thinks about the possibility of a recession.

Flack Global Metals’ Daniel Doderer was the recipient of the 2023 SMU NexGen Leadership Award.

Leaders of the NexGen Metals Community kicked off this year’s Steel Summit discussing ways the steel industry can recruit and retain new talent.

Here’s the program for the final day of SMU's Steel Summit on Wednesday, Aug. 23, at the Georgia International Convention Center in Atlanta.

If you haven’t already registered, there’s still time to join the more than 1,300 attendees from over 500 companies that will be in Atlanta for Summit.

The founder of Hascall Steel, Wayne Charles Hascall, passed away on July 29 at the age of 88. Hascall was a loving husband, father, brother, and grandfather. He also served his country as a proud member of the United States Marine Corps.

In the early 1980s I moved from Minnesota to Marietta, Ga., to join Pacesetter Steel. It was an exciting time for the steel industry. New service centers were popping up all over the country. The companies started by the Leebow brothers – Pacesetter and Majestic Steel – were dynamic organizations providing opportunities to new people […]

Occasionally, a story jolts you awake. You realize how much things have changed—once, a pro-trade remark from a senior government official was routine. Now, it is remarkable. Last week the President’s Export Council (PEC), an advisory group currently chaired by Mark Ein of Kastle Systems, met for the first time since the Obama administration. The […]

Steel Market Update’s offices will be closed for Independence Day. We will send out survey invitations on Monday, July 3. We will not publish an issue on Tuesday, July 4. Our weekly pricing service will continue. We typically update prices on Tuesday. Next week, however, we will update them on Wednesday, July 5. We will […]

Steel Market Update will be taking time off in observance of Memorial Day. We will not publish an issue on Sunday, May 28, and our offices will be closed on Monday, May 29. Our weekly pricing service will not be impacted. We will resume our regular publication schedule and our pricing service on Tuesday, May […]

Altos Hornos de México (AHMSA) is proceeding with a plan that would see the company sold to a group of investors, according to a filing with the Mexican Stock Exchange. Under terms of that deal, the Mexican steelmaker is expected to receive an initial infusion of $200 million to pay for working capital and labor obligations. AHMSA makes […]

Raw steel production by US mills fell again last week as capacity utilization slipped to only 72.9%, according to data released by the American Iron and Steel Institute (AISI) on Monday, Dec. 19. The decline came as mills in the South and Northeast cut production, even as those in the Great Lakes, Midwest, and West […]

Steel Market Update will be taking time off in observance of Thanksgiving. We will not publish an issue on Thursday, Nov. 24, or Sunday, Nov. 27. Our offices will be closed on Thursday and Friday, Nov. 24–25. Premium members will receive our Survey Results earlier than usual: We plan to publish the data on Wednesday […]

Steel Market Update will be taking time off in observance of Labor Day. We will not publish an issue on Sunday, September 4, and our offices will be closed on Monday, September 5. Our weekly pricing service will not be impacted. We will resume our regular publication schedule and our pricing service on Tuesday, September 6. By […]

Steel Market Update will be taking time off in observance of Independence Day. We will not publish an issue on Sunday, July 3, and our offices will be closed on Monday, July 4. Our weekly pricing service will not be impacted. We will resume our regular publication schedule and our pricing service on Tuesday, July […]

Steel Market Update will be taking time off in observance of Memorial Day. We will not publish an issue on Sunday, May 29, and our offices will be closed on Monday, May 30. Our weekly pricing service will not be impacted. We will resume our regular publication schedule and our pricing service on Tuesday, May […]

Steel Market Update will be taking time off in observance of Passover and Easter this weekend. We will be closed on Friday, April 15, and we will not publish our Executive issue on Sunday, April 17. Our weekly pricing service will not be impacted. We will resume our regular publication schedule on Monday, April 18, […]

Steel Market Update is taking some time off for Christmas and for the New Year. That means we will not publish issues on Sunday, Dec. 26, Tuesday, Dec. 28, Thursday, Dec. 30, and Sunday, Jan. 2. We will in addition not update prices on Tuesday, Dec. 28. We will resume our regular publication schedule – as […]

Steel Market Update is taking a few days off for Thanksgiving. That means we will not publish issues on Thursday, Nov. 25, or on Sunday, Nov. 28 We will resume our regular publication schedule next week. Our next issue will be on Tuesday, Nov. 30. The holiday will not impact our pricing schedule. We update […]

The COVID-19 crisis has prompted creative ways for businesses in the steel industry to work around the challenges caused by shutdowns, social distancing and economic disruption. SMU Community News highlights positive actions by companies and their associates to persevere in business and to help the communities where they live and work. XOM Materials, an online […]