Category: Features

Have we hit a bit of a lull when it comes to the recent price bump? Mills certainly capitalized on the threat of tariffs and the unknown, with much that still could unfold.

SMU’s Buyers’ Sentiment Indices showed mixed movements this week but remain strong, reflecting continued confidence among steel buyers.

These developments come at a time when the global trading system has been shaken up by US President Donald Trump’s greater use of tariffs, including employing Section 232 legislation to impose a 25% levy on steel from all countries to protect national security.

Are President Trump's tariff policies helping? Steel buyers offer their opinions on the impact of Trump's tariffs.

From the Smoot-Hawley Tariff Act of 1930 to George W. Bush's temporary 30% tariff, SMU takes a look at steel tariffs past.

After a multi-week increase, buyers responding to our market survey this week reported that lead times are stabilizing or marginally declining for each of the sheet and plate products we track.

The majority of the steel buyers responding to our latest market survey continue to report that domestic mills remain firm on pricing, showing little willingness to talk price on new spot orders this week.

The European Commission unveiled A European Steel and Metals Action Plan aimed at safeguarding the European Union’s steel and base metals production.

In this Premium analysis we explore North American oil and natural gas prices, drilling activity, and crude oil stock levels.

Do recent actions by the EPA on deregulation signal a new course for the agency, and how could it affect steel?

The HRC vs. prime scrap spread increased again in March.

Raw steel mill production remains at one of the higher rates recorded so far this year.

Prices for five of the seven steelmaking raw materials tracked by SMU increased from February to March, according to our latest analysis.

President Trump said he has no plans to create exemptions on the recently enacted steel and aluminum tariffs, according to media reports.

Is a fissure opening up between manufacturers and the mills on President Trump's tariffs?

US rig counts continue to hover slightly above multi-year lows, while Canadian activity is entering a seasonal decline after recently reaching a seven-year high.

International trade attorney Alan Price sat down with SMU to unpack the latest developments in Trump’s tariff merry-go-round.

A quick way to catch up on what you might have missed.

Following December’s 11-month low, total heating and cooling equipment shipments rebounded 8% in January, according to the Air-Conditioning, Heating, and Refrigeration Institute.

The US Trade Representative (USTR) has drafted a proposal targeting the Chinese shipbuilding industry by setting elevated port fees for any maritime shipping company associated with Chinese-built vessels.

President Trump’s tariffs are aimed in large part at bringing manufacturing back to the United States. In theory, it’s simple enough: Want to avoid a big tariff? Make it in the US!

The United States has officially reinstated undiluted Section 232 tariffs on steel and aluminum as of Wednesday, . All imports of the metals, as well as some derivative products, now face a 25% tax when entering the US.

Canada and the European Union are retaliating against what they deem to be unjustified tariffs on steel and aluminum by the United States.

Domestic steel trade associations, manufacturing groups, and the United Steelworkers (USW) union had mixed reactions to the implementation of new Section 232 tariffs without exclusions on Wednesday. Trade groups representing steel mills broadly supported President Trump’s actions, while the USW and some groups representing manufacturers were more critical. AISI Kevin Dempsey, president and CEO of […]

The volume of finished steel entering the US market in January climbed to the highest level recorded in two and a half years.

What are steel buyers saying this week about prices, demand, the import market, the evolving tariff situation, and more?

Ternium Mexico wants the Commerce Department to delay making its final decision in the ongoing corrosion-resistant steel dumping investigation.

With the tariff craziness showing no signs of abating, we take you on a tour of the current situation.

“CBP expects full compliance from the trade community for accurate reporting and payment of the additional duties. CBP will take enforcement action on non-compliance," the agency said in a March 7 bulletin.

Section 232 tariffs are expected to go into effect March 12.