
Week in Review: March 23-28
The constant flow of information we all receive can be a little overwhelming, but SMU is here to help with a snapshot of the week.
The constant flow of information we all receive can be a little overwhelming, but SMU is here to help with a snapshot of the week.
Victor Cairo, head of Mexico’s steel sector body Canacero and CEO of ArcelorMittal Mexico, says he is confident negotiations between the Mexican and US governments planned for April 2 will lead to the creation of a regional block to substitute imports, especially from Asia.
Crowe's Doug Schrock explains how to get up and running with AI at your company.
US rig counts remain slightly above multi-year lows, while Canadian activity is slowing following a seasonal peak.
A personal perspective on Galvalume prices from SMU analyst Brett Linton.
During the chat, we’ll discuss trends in the North American sheet and plate markets, as well as the unique aspects of the Canadian market. We’ll talk all thing tariffs — and the timing couldn’t be better in the wake of Liberation Day on April 2.
Upon the request of US chassis manufacturers, the Commerce Department this week initiated investigations into the alleged dumping and subsidization of chassis imported from Mexico, Thailand, and Vietnam.
This week, SMU polled steel buyers on an array of topics, including market prices, demand, tariff policies, inventories, imports, and emerging market events.
After a March frenzy, are prices nearing a peak in April? Some of you have suggested that they are. Others think it's too early to make any such call.
The European Commmission is reducing the amount of tariff-free foreign steel that can enter the EU.
President Trump said on Monday there may be exceptions for some countries on reciprocal tariffs.
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.