
Ferrous scrap pricing sideways in June
Ferrous scrap prices in the US have remained stable from May to June.
Ferrous scrap prices in the US have remained stable from May to June.
Mexican steel trade group Canacero has condemned the US’ actions of raising tariffs on steel and aluminum to 50% from 25%.
We're about to hit 50% Section 232 steel tariffs. What could happen?
Meanwhile, several US trade groups applauded the latest trade announcement.
The American Iron and Steel Institute has tapped four members for its board.
A short tour of key dates in the Nippon/USS deal, and what the future might hold.
SunCoke Energy has purchased Phoenix Global, a metals and mining services company, for $325 million.
The US government could acquire a stake in U.S. Steel as part of Nippon Steel’s $14-billion deal for the Pittsburgh-based steelmaker, according to various media reports. The Trump administration sees Washington, D.C., acquiring a “golden share” as part of the deal, according to an article in Kyodo News on Tuesday. This would give the US […]
New developments emerge in the Nippon/USS CFIUS review.
Trump threatens EU with 50% tariff starting June 1.
We're going to have to wait a bit longer for the final outcome of the Nippon/USS deal.
The CFIUS report is in, but what it contains remains unknown.
Metallus shuffles the management deck with new appointments.
Nippon Steel could build a new domestic U.S. Steel mill with a total investment of $4 billion.
Nucor has lowered its consumer spot price by $20 per short ton, marking the third consecutive weekly decrease.
The period under review is Jan. 1, 2022, through Dec. 31, 2022.
The US Commerce Department has provided the final results for the countervailing administrative review of certain corrosion-resistant steel products (CORE) from South Korea.
Let's see what SMU survey respondents are saying about Trump's tariffs.
The Tariff Town amusement park ride shows no signs of slowing down.
The price spread between hot-rolled coil (HRC) and prime scrap narrowed again in May, according to SMU’s most recent pricing data.
A Pennsylvania state senator plans to submit legislation to incentivize steelmaking in the state.
However, in a month plagued by tariff and economic uncertainty, both current and near-term outlooks for our scrap survey respondents remained surprisingly optimistic.
Domestic scrap prices tumbled across the board in May, but will June prove a bottom for the market?
The US and UK governments have announced a trade deal in which an “alternative” to the Section 232 steel and aluminum tariffs will be provided.
Germany’s Klöckner & Co. reported a narrower loss in the first quarter as the company targets becoming the “leading” service center and metal processing firm in North America and Europe by 2030.
Russel Metals’ earnings slipped in the first quarter, but the company is still eyeing service center acquisitions in the US.
US steel shipments increased both sequentially and on-year in March, according to the latest data from the American Iron and Steel Institute (AISI).
US Sen. Jim Banks (R-Ohio) and Rep. Frank Mrvan (D-Ind.) have written a letter in support of a “domestically owned and operated American steel industry” being vital to national security.
SunCoke Energy posted lower earnings in the first quarter. Meanwhile, the company said it has extended the cokemaking contract for U.S. Steel’s Granite City Works in Illinois through the end of September 2025.
Olympic Steel’s earnings slid in the first quarter as the steel industry faced a “challenging” economic conditions.