Atlas Tube, Maruichi USA to form JV
Atlas Tube, a Zekelman company, said on Friday it has agreed to form a joint venture with Maruichi USA.
Category: Region
US cold-rolled group responds to Mexico trade case
The Association of Cold Rolled Specialty Steel (ACRSS) officially responds to the formal investigation Mexico opened into cold-rolled steel imports from the US
AMU: Canada to extend tariffs on some steel, aluminum products
Canada plans to extend tariffs on certain steel and aluminum products for one year, Minister of Finance and National Revenue François-Philippe Champagne announced.
Oil and gas rig drilling picks up in US and Canada
US and Canadian drilling activity ticked higher this week, according to recently released data from Baker Hughes.
SMU Price Estimator Tool updated and now easier to use
We are happy to share that the SMU Price Estimator Tool is now a little easier to navigate.
AMU: Canada PM makes case for more cooperation with US on aluminum, autos
Prime Minister Mark Carney asserted the Canadian and US governments should cooperate more closely on auto manufacturing, steel, critical minerals and aluminum.
Final Thoughts: SMU's June scrap survey
We provide a sneak peek at this month's SMU Scrap Survey, with insights on tariffs, pricing, and demand.
The gap between US HR prices, imports keeps narrowing
The price gap between US hot-rolled coil (HR) and landed offshore product continues to narrow toward parity.
Steel market chatter this week
Steel market chatter this week: Buyers predict prices to continue rising from here, report steady to improving demand, and most see tariffs as unhelpful.
CSPA: One-year of US tariff increases mark ‘unfortunate milestone’
Catherine Cobden, President and CEO of the Canadian Steel Producers Association (CSPA) called the past year’s 50% tariff imposed on Canada’s steel exports to the US ‘severe and unsustainable.’
Beige Book shows broad industrial growth
Manufacturing picked up in nine of the twelve Federal Reserve districts in May. It was one of the strongest sectors in the Fed’s June 3 Beige Book report.
Algoma seeks higher tags on coil, plate products
Algoma Steel announced on Thursday a price increase for coil and plate products, effective immediately.
Plate market says, 'the heat is on,’ as prices and demand soar
Participants in the plate market doubt prices, lead times, and demand forces will cool down any time soon.
HR vs. galvanized price spread widens to near one-year high
After falling to a multi-year low in March, the premium galvanized coil commands over hot-rolled (HR) coil has widened in recent months.
Steel and aluminum spared in new Section 301 forced-labor tariffs
The forced-labor and Brazil 301 actions are aimed more at finished goods supply chains, not raw metals.
AISI: USMCA needs stronger rules of origin
AISI's Kevin Dempsey argues USMCA needs stronger rules of origin to strengthen manufacturing.
SMU Price Ranges: Sheet moves higher, plate stable
SMU’s sheet price indices continued to climb this week, while plate held steady, all at multi-year highs.
White House lowers S232 duties on ag and HVAC equipment
President Donald Trump issued a June 1 proclamation modifying Section 232 tariffs on steel, aluminum, and copper. He pointed to new Commerce Department recommendations and “recent circumstances” affecting US users of industrial and agricultural equipment.
SMU Survey: N. American demand edges higher while import interest stays selective
US steel buyers report firmer domestic demand, but long lead times, rising freight costs, and geopolitical uncertainty continue to cause caution on imports.
Failed labor pact sparks UAW strike at one of GM's key suppliers
Members of the United Autoworkers (UAW) Local 2093 went on strike at the Dauch Corp.'s (formerly named American Axle and Manufacturing) Three Rivers, Mich., facility on Monday.
AISI: Raw steel production holds near 6-year high
Domestic raw steel output remains within reach of a multi-year high, per AISI figures.
SDI taps SMS group for hot strip mill upgrade at Butler mill
Steel Dynamics Inc. has contracted SMS group to complete a comprehensive upgrade of the process automation system at its hot strip mill in Butler, Ind.
Canadian Steel Producers Association president and CEO stepping down July 31
Canadian Steel Producers Association President and CEO stepping down July 31.
Final Thoughts: Sheet prices still have gas in the tank
Stronger for longer sentiment remains in the house when it comes to flat-rolled steel prices, according to SMU’s latest steel market survey.
Leibowitz on trade: Why I think steel tariffs are failing
If an industry suffers from high labor and energy costs, inefficient facilities, or lower productivity, tariffs do not solve those problems. They only mask them, transferring costs from inefficient producers to consumers.
Hot-rolled coil market participants accept delays, price increases
Participants in the hot-rolled coil spot market revealed that growing discomfort with current market dynamics hasn't deterred them from conducting spot transactions.
U.S. Steel adjusts galvanized and Galvalume coating extras higher
U.S. Steel (USS) has revised their galvanized and Galvalume coating extras higher effective Aug. 2, 2026.
Stacked tariffs could push import costs higher as market tightens
Steel imports could become even more prohibitive, facing even higher tariffs, pending the outcome of the Trump administration’s Section 301 investigation.
Rig counts move higher in US and Canada, led by oil drilling
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.
SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members.