Category: Market Segment

Employees at the Mercedes-Benz plant near Tuscaloosa, Ala., have kicked off their public campaign to join the United Auto Workers (UAW) union.

TimkenSteel said on Wednesday it is changing its company name to “Metallus Inc.”

Domestic steel mill shipments increased in November vs. a year earlier, but fell month over month.

Flat rolled distributor Mill Steel Co. announced the appointment of a new CFO on Jan. 9.

The US Department of Commerce will likely be lowering the antidumping duty (AD) rates on imports of welded steel pipe from the UAE.

Raw steel production in the US increased in the first week of 2024, according to the most recent data from AISI.

Nippon Steel believes it can successfully complete its planned buy of U.S. Steel, according to a report in Reuters.

Commercial Metals Co. saw robust demand from the construction markets in its first fiscal quarter, which ended on Nov. 30, 2023.

All good things, including but not limited to the Holiday Season, must come to an end. The corporate independence of U.S. Steel Corporation looks like it’s coming to an end also, despite objections from some politicians and the United Steelworkers union.

The Department of Commerce issued its final determination in the trade case involving tin mill products from a handful of countries.

The International Trade Commission (ITC) held a hearing on Thursday, Jan. 4, to consider arguments for and against the imposition of antidumping and countervailing duties (AD/CVDs) on tin mill products from a handful of countries. Both sides made compelling arguments.

Steel mill lead times pulled back across the board this week but are still said to be at healthy levels, according to SMU's market survey this week.

Canadian flat-rolled steelmaker Algoma Steel Group Inc. guided toward lower earnings in its fiscal 2024 third quarter, citing the United Auto Workers (UAW) strike and lower steel prices last fall.

After falling in November, steel imports appear to have bounced back to a five-month high in December.

Cleveland-Cliffs has appointed private-equity executive Ron Bloom to its board of directors, effective immediately.

Olympic Steel has promoted Zachary Siegal to the newly created role of president of manufactured metal products.

Raw steel production in the US fell to a 38-week low to close out the last week of 2023.

Wilbur Ross doesn’t believe the proposed sale of U.S. Steel to Japan’s Nippon Steel poses any threat to the economic or national security of the US.

The Mexican government has placed anti-subsidy (CVD) duties of almost 80% on cold rolled (CR) sheets from Vietnam, with the caveat that if the importer can prove the steel comes from a country other than China then it is exempt from the levy.

After meeting with Nippon Steel, the United Steelworkers (USW) union remains weary of the company’s proposed acquisition of U.S. Steel.

November’s preliminary count shows US imports falling, but to a lesser degree than an earlier license count had suggested, according to the latest government figures.

The tariff rate quotas (TRQ) on steel and aluminum imports from the European Union are being extended for another two years.

The latest American Iron and Steel Institute (AISI) production figures show domestic steel output slipping the week before the Christmas holiday. Domestic mills produced an estimated 1,693,000 net tons of steel during the week ended Dec. 23, AISI said. Output was down 1.2% from the previous week but was 7.4% higher than the same week […]

The newly separated Worthington Steel noted improved earnings in its fiscal second-quarter results.

A White House official said the planned $14.1-billion acquisition of U.S. Steel by Japan's Nippon Steel deserved a closer look. President Joe Biden "believes the purchase of this iconic American-owned company by a foreign entity—even one from a close ally—appears to deserve serious scrutiny in terms of its potential impact on national security and supply chain reliability."

Metalformers remain optimistic about business prospects for the first quarter of 2024 despite some concerns about what Nippon Steel’s $14.1-billion deal for U.S. Steel might mean for domestic supply chains.

Political opposition to Nippon Steel Corp.’s (NSC) proposed purchase of U.S. Steel continues to build.

Domestic steel mill shipments dipped year-to-date (YTD) through October from a year earlier, according to revised American Iron and Steel Institute (AISI) data.

A World Trade Organization (WTO) dispute panel has ruled in favor of the US in a case regarding retaliatory tariffs imposed by Turkey in response to Section 232 tariffs on steel and aluminum.

US Sens. JD Vance (R., Ohio) and John Fetterman (D., Pa.) have come out against the sale of U.S. Steel to Japan’s Nippon Steel.