Category: Market Segment

The state of Louisiana has purchased 1,700 acres along the Mississippi River from Germania Plantation Inc. for $91 million for Hyundai Steel's proposed EAF operation.

If anti-dumping and countervailing duties (AD/CVDs) on certain pipe and tube were allowed to expire, the US Department of Commerce has found that dumping and illegal subsidies would continue at noteworthy rates.

US steel shipments fell month over month in November but rose year over year.

The auction for the assets of bankrupt Mexican steelmaker Altos Hornos de Mexico (AHMSA) and its mining subsidiary, Minosa, has been postponed, according to various local media reports.

BlueScope has rejected for the fourth time a takeover offer led by Steel Dynamics Inc., believing the offers to be significantly undervalued.

A federal judge in Pittsburgh has ordered U.S. Steel and Algoma Steel to resolve their iron ore pellet contract dispute through arbitration. The decision comes after USS sued the Canadian steelmaker for refusing a shipment of iron ore pellets from U.S. Steel's Minnesota operations in September.

Kloeckner Metals Corp. announced that beginning Jan. 1, 2026, the former Bauer Built Manufacturing site in Paton, Iowa, would lead all its commercial, manufacturing, and other operational activities. 

U.S. Steel has bought the Pittsburg, Calif., property where the former USS-POSCO mill was located for $275 million, according to a report in the San Jose Mercury News.

Domestic raw steel production inched higher last week but remains low compared to recent months, according to the latest data released by the American Iron and Steel Institute (AISI)

The Chicago Business Barometer increased in December after hitting an 18-month low in November, according to Market News International (MNI) and the Institute for Supply Management (ISM)

The Institute for Supply Management’s (ISM) latest report finds that December 2025’s market conditions in the manufacturing sector continued to soften.

Australia's BlueScope Steel confirmed it has received a takeover bid from a two-party international consortium that includes Fort Wayne, Ind.-based Steel Dynamics Inc. (SDI).

The Mississauga, Ontario-based metals distributor is now the owner of Kloeckner's facilities in Dubuque, Iowa; Charlotte, N.C.; Suwanee, Ga.; Houston; Austin, Texas; Jacksonville, Fla.; and Pompano Beach, Fla.

Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st) for a third week.

The latest American Iron and Steel Institute (AISI) data confirms that US steel mills have pulled back production during the end-of-year holiday season. Still, year-to-date figures show higher output and utilization rates compared with last year.

Oregon Steel Mills has joined other producers, announcing a price increase of at least $40 per short ton (st) for steel plate. The Portland, Ore.-based company told customers on Monday that the minimum increase was effective immediately with all new orders. It applies to all carbon, HSLA, hot-rolled coil, normalized, and quenched and tempered products, […]

Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st).

SSAB Americas aims to increase prices on all its products by at least $40 per short ton (st).

The total amount of raw steel produced around the world slipped 3% from October to an estimated 140.1 million metric tons (mt) in November, according to World Steel Association (worldsteel) data. This marks the lowest monthly production rate since December 2023.

Nucor Plate Group notified customers it was aiming to increase all plate product prices by $40 per short ton (st). 

Domestic raw steel production edged lower last week, according to the latest data released by the American Iron and Steel Institute (AISI).

U.S. Steel’s board of directors has approved the funding for the full $350-million Gary Works blast furnace (BF) reline project.

The US Department of Commerce has officially published the anti-dumping and countervailing duty orders on corrosion-resistant steel sheet imports, the final step in the trade case originally filed more than a year ago. At the same time, Commerce also revealed it is allowing some CORE imports into the country without paying the AD or CVDs.

Metalforming manufacturers are more upbeat on the prospect of improved near-term economic activity despite lower shipping levels in December, according to the Precision Metalforming Association’s (PMA) December report.

Nucor raised its weekly hot-rolled coil spot list price by $10 per short ton (st) this week, marking the company's ninth consecutive increase.

Editor’s note This is an opinion column. The views in this article are those of an experienced trade attorney on issues of relevance to the steel market. They do not necessarily reflect those of SMU. We welcome you to share your thoughts as well at smu@crugroup.com. As we close out 2025, my best wishes to all […]

Independent service center Promet Steel Inc. has acquired Heidtman Steel Products' facility in East Chicago, Ind. Terms of the deal, which closed on Dec. 15, were not disclosed.

SMU’s Mill Order Index (MOI) declined in November after surging the month prior. The fall came as service center intake levels sharply declined, supported by a cut in shipments, according to our latest service center inventories data.

Rocky Mountain Steel Mills has begun hot commissioning a universal rail mill at its mini-mill in Pueblo, Colo.

Canadian Prime Minister Mark Carney said the US probably won't reduce tariffs on steel, aluminum, and other goods from Canada anytime soon.