Category: Region

US steel exports held steady from January to February and remain near historical lows.

Participants in the galvanized steel market remain encouraged by strengthening product prices, even as increases unfold at a subdued pace.  

Manufacturing activity in New York state strengthened in April, with steel-adjacent producers reporting firmer demand and improving throughput, according to the Federal Reserve Bank of New York’s latest Empire State Manufacturing Survey.

Sheet and plate prices increased yet again this week on an increasingly tight spot market. It's gotten so tight that some market participants say they're becoming more concerned about availability than about price.

Canada’s ArcelorMittal Dofasco completed the final push of coke at its No. 3 Coke Plant on April 13. It marks the beginning of a controlled shutdown and the next step in the company’s decarbonization pathway, first announced in 2021.

Global steel demand is stabilizing and poised for a gradual recovery through 2027, with North America expected to post solid, policy-supported gains, according to the World Steel Association’s latest Short Range Outlook.

Raw steel production increased for the fourth-consecutive week last week to a new multi-year high, according to the American Iron and Steel Institute (AISI).

Ken Simonson, chief economist for The Associated General Contractors of America (AGC), will join SMU for a Community Chat webinar on Wednesday, April 15, at 11 a.m. ET.

Remember the “Got Milk?” advertising campaign of the 1990s. Maybe we should start a “Got Steel?” campaign. Or maybe “Got Spot Tons?” would be more accurate, if less catchy.

What a local media report described as an "explosion" on Friday night at U.S. Steel's Gary Works in Northwest Indiana has not disrupted production or resulted in any injuries, that company said.

Steel output will carry on in Iran despite repeated US-Israeli air strikes on key industrial sites, including the Mobarakeh and Khuzestan steel companies, according to a senior Iranian industry official.

No doubt, events will scramble the status quo. Meanwhile, the global systems that have prevented major wars for 80 years are sagging.

Steel imports remain near some of the lowest volumes recorded in over five years.

A coalition of US wire rod producers has filed a petition seeking countervailing duties on carbon and alloy steel wire rod from Algeria.

Sheet market participants said they expect hot-rolled coil prices to continue to rise. A Midwest service center source said some mills are not taking spot orders. And even on the contract side, certain mills are “keeping customers at the ‘middle’ of their contract buys to help get lead-times back into shape,” he said. That’s a […]

U.S. Steel and the United Steelworkers filed anti-dumping and countervailing duty petitions with the US Department of Commerce and the US International Trade Commission on Thursday.

Drilling activity declined in both the US and Canada this week, according to active oil and gas rig count figures released from Baker Hughes on Friday.

A New York Times report says the White House has secured tens of millions of dollars’ worth of donated foreign steel for President Trump’s planned $400 million ballroom project.

The trade case investigating large-diameter graphite electrodes is progressing after an International Trade Commission (ITC) vote.

Plate market participants we spoke to this week offered a long list of concerns: escalating fuel and freight expenses, consolidated sources of end-market demand, tariff-related complications, as well as long lead times and delivery delays from US mills. The cherry on top? An ever shrinking availability of spot tons from domestic mills.

The US scrap market has largely settled at prices most predicted in late March. The prevailing view then: shredded and other obsolete grades, like HMS, would drop $10-20 per gross ton (gt) despite higher transportation costs. And prime grades, like #1 busheling and bundles, would trade sideways thanks to better demand and static supply. This is essentially what has happened.

Domestic steel trade groups think real action could occur with the US chairing the Global Forum on Excess Steel Capacity this year at the OECD.  .  

Algoma Steel aims to increase plate prices by US$60 per short ton (CA$80/st), effectively immediately, according to a letter to customers dated Thursday.

The Commerce Department has set final anti-dumping and countervailing duties (AD/CVDs) on rebar from Algeria, according to filings in the Federal Register.

Canada's Algoma Steel and Roshel Inc. have partnered to form Roshel Algoma Defence (RADS), a sovereign ballistic steel solutions joint venture.

The Dodge Momentum Index (DMI) increased in March, but only from a downwardly revised February reading, and data centers were the only area to show positive growth.

The president’s April 2 proclamation restructures how derivative products are classified, valued, and tariffed – a shift that industry groups say will close loopholes but could raise costs for certain downstream imports.

The Global Steel Climate Council (GSCC) has certified an Italian steel company. Italy’s Duferco Travi Profilati SpA.

Iron ore shipments on the Great Lakes in March were down 23.5% from a year earlier, according to the latest report by Lake Carriers’ Association.  

The petitions allege that foreign producers are selling seamless and welded OCTG at unfairly low prices and, in Austria’s case, benefitting from countervailable subsidies.