Steel mill lead times marginally declined on sheet products this week but edged higher on plate, according to responses from SMU’s latest market survey. Overall, lead times remain one to two weeks longer than levels seen three months ago.
U.S. Steel plans to idle the No. 14 blast furnace at its Gary Works near Chicago for a reline for ~100 days from May to August.
ArcelorMittal’s North American operations posted lower sequential results in the fourth quarter. But with operations returning to normal in Mexico, the company expects to see a volume recovery in the first quarter.
U.S. Steel plans to restart Battery #13 at its Clairton Coke Works on Feb. 5. Battery #13 was one of the batteries hot idled since a lethal explosion at Clairton on Aug. 11, 2025.
Domestic steel shipments rose month-on-month and on-year in December, according to the latest figures from the American Iron and Steel Institute (AISI). At the same time, full-year 2025 shipments increased.
The amount of raw steel produced by US mills eased last week according to the AISI. Production remains strong compared to the multi-month lows seen at the end of the year.
BlueScope’s new chief executive used her first public address to signal a faster, more aggressive phase for the steel company. She underscored the strength of its US operations and the rejection of a recent takeover proposal she said “materially undervalued” the business.
Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $970 per short ton, up $5/st from last week.
A coalition of US steel industry CEOs has formally urged President Trump to maintain—and fully enforce—current Section 232 tariffs on steel and steel‑containing goods.
SSAB Americas delivered higher shipments and a stronger operating result in the fourth quarter of 2025. The company saw firm demand in key US end markets and a solid finish to the year despite a planned maintenance outage.
Nucor Chair and CEO Leon Topalian is bullish on the outlook for 2026. And noted that the Charlotte, NC-based steelmaker remains in the hunt for M&A opportunities.
What do SMU's latest survey results show about the current market take on tariffs and where HRC prices are going?
Alton Steel Inc. (ASI), a special bar quality (SBQ) steel producer, said it will close operations later this week.
“The premise for the board’s rejection was insufficient value. Yet they provided shareholders with no reasonable, executable alternative strategy that would provide the same certainty of shareholder return,” SDI Co-founder, Chairman, and CEO Mark Millett said.
Nucor reported higher profits in the fourth quarter on-year, and expects sequential improvements across all segments in the current quarter.
Raw steel output from US mills climbed last week to the highest rate seen in over four months, according to the latest American Iron and Steel Institute (AISI) figures
Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $965 per short ton (st), up $5/st vs. the prior week.
Steel mill lead times held steady on most products this week following the surge seen in early January, according to responses from SMU’s latest market survey
Just over a third of the steel buyers who responded to our market survey this week reported that domestic mills are willing to talk price to secure new spot orders.
Altos Hornos de México (AHMSA) announced a proposed schedule and minimum sale price for the auction of the bankrupt steelmaker and its Minera del Norte (MINOSA) operations.
The volume of raw steel produced by US mills grew last week, holding on to the gains seen the prior week, according to the latest figures released by the American Iron and Steel Institute (AISI).
Metallus and the United Steelworkers (USW) have agreed to another tentative four-year contract, the specialty metal producer announced.
Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $960 per short ton (st), up $10/st vs. the prior week.
Cleveland-Cliffs' shuttered tin mill in Weirton, W.Va., caught fire on Saturday as a crew worked to recover scrap metal ahead of the plant's demolition, according to a local news reports.
The final charge of Algoma Steel’s #7 blast furnace occurred on Saturday, as the company transitions to fully electric-arc furnace (EAF) steelmaking.
ArcelorMittal Mexico announced it has restarted the blast furnace at its Lazaro Cardenas steel mill in the state of Michoacan on Mexico's Pacific coast.
Zekelman Industries is transitioning in a new chief financial officer upon the upcoming retirement of current CFO Mike Graham.
SSAB Americas, Nucor, and Oregon Steel Mills all announced higher plate prices on Friday.
The amount of finished steel that entered the US market contracted from September to October, driven primarily by slowing domestic mill shipments, according to SMU’s analysis of Department of Commerce and American Iron and Steel Institute (AISI) data
Members of the Congressional Steel Caucus met in Washington on Wednesday to assess the state of the domestic steel industry. Lawmakers and industry leaders discussed the importance of Section 232 tariffs, strong trade enforcement, and continued investment in American steelmaking.