HSS consolidation enters its next chapter
Consolidation continues in the HSS (hollow structural sections) sector, with two big deals announced just this month.
Consolidation continues in the HSS (hollow structural sections) sector, with two big deals announced just this month.
The company announced an investment of more than $90 million for its steel shop in Koppel, Pa., and its seamless pipe manufacturing plant in Ambridge, Pa.
The investment will install a new quench-and-tempering line at the facility, which manufactures seamless pipe and tube.
US raw steel production has eased over the past month following the multi-year high seen in May, according to recent American Iron and Steel Institute (AISI) data
South Korea has overtaken Canada as the top foreign supplier of steel to the US market.
Drilling activity ticked higher this week in both the US and Canada, according to recently released rig count figures from Baker Hughes.
Apparent steel supply eased from March to April on reduced mill shipments per recent Department of Commerce and American Iron and Steel Institute (AISI) data.
Bull Moose Tube Co. and Hanna Steel Corp. have reached an acquisition agreement, which will expand Bull Moose’s manufacturing footprint and add new tubing, coating, and logistics capabilities.
The volume of raw steel produced by US mills slipped to a seven-week low last week but remains historically high, according to American Iron and Steel Institute (AISI) figures released on Monday.
Friedman Industries posted record sales, higher volumes, and sharply improved earnings in fiscal 2026. This was driven by stronger demand, higher average selling prices, and continued contributions from its Century Metals acquisition.
After reaching historic lows late last year, import volumes have increased each month of 2026, according to recently released US Commerce Department data.
Oil and gas drilling activity in Canada picked up over the past week, while drilling in the US remained mostly steady.
Atlas Tube on Monday announced price increases for mechanical, HSS, and piling products.
Domestic steel mill output remained historically strong last week, holding within earshot of a multi-year high.
Atlas Tube, a Zekelman company, said on Friday it has agreed to form a joint venture with Maruichi USA.
Borusan Berg Pipe, a US subsidiary of Turkish pipe and tube producer Borusan, has secured new sales orders totaling ~$742 million.
Domestic raw steel output remains within reach of a multi-year high, per AISI figures.
Steel imports could become even more prohibitive, facing even higher tariffs, pending the outcome of the Trump administration’s Section 301 investigation.
The US and Canadian rig counts moved higher as oil and gas drilling picked up in the week ending May 29, according to the latest report from Baker Hughes.
JSW Steel USA CEO Rob Simon will join Steel Market Update (SMU) for a Community Chat on Wednesday, June 3, at 11 am ET.
Tenaris, alongside Ontario’s provincial and Canada’s federal governments’ pledge $30Canadian $306 million (USD$221.6 million) to modernize and expand Tenaris’ Ottawa-based industrial center.
The US and Canadian rig counts both increased this week, according to the latest data from Baker Hughes.
The Commerce Department's International Trade Administration recently concluded several administrative reviews of the anti-dumping and countervailing duties (AD/CVDs) on various steel imports. The reviews resulted in the following duty adjustments.
Domestic raw steel production ticked up to the highest weekly output rate recorded since March 2020, according to recently published American Iron and Steel Institute (AISI) data.
U.S. Steel plans to increase prices for seamless oil country tubular goods (OCTG) by $300 per ton.
The United States International Trade Commission (ITC) has voted to continue investigations into oil country tubular goods (OCTG) from Austria, Taiwan, and the United Arab Emirates (UAE).
India-based JSW Steel’s combined US operations swung to a slight profit in its fiscal fourth quarter of 2026.
The US rig count crept higher for a fourth week, while Canada's count held steady for a second, according to the latest data from Baker Hughes.
U.S. Steel delivered a mixed first quarter. Segment performances diverged sharply as winter weather, outage activity, and major capital projects weighed on results.
Chicago-based pipe and tube manufacturer Zekelman Industries has appointed Jason Nofziger as its vice president of supply chain, effective May 11.