SMU April scrap tags flat on prime, down $20 on shredded and HMS
US scrap prices came in flat on busheling in April, while shredded and HMS both traded down, sources told SMU.
US scrap prices came in flat on busheling in April, while shredded and HMS both traded down, sources told SMU.
The world definitely seems like a more dangerous place these days. And, of course, when national security is invoked, the steel industry always plays a key role.
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. .
SMU survey respondents sound off on a host of issues affecting the steel industry.
The Global Steel Climate Council (GSCC) has certified an Italian steel company. Italy’s Duferco Travi Profilati SpA.
US raw steel production increased both week over week and year over year in the week ended April 4, according to the latest data from the American Iron and Steel Institute (AISI).
A Lake Carriers’ Association (LCA) official said iron ore shipments would be delayed by a few weeks on the Great Lakes because of winter weather and a lack of icebreakers.
SMU’s Steel Buyers’ Sentiment Indices have both inched up, according to our most recent survey data.
What impact could the war in Iran have on the steel raw materials supply chain and prices?
Worthington Steel has exceeded the minimum share threshold for its acquisition of Kloeckner and Co.
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,035 per short ton (st), a $10/st bump from last week.
Atlas Tube, a Zekelman company, said it is expanding its Shuriken® structural nut keeper line.
Steel Dynamics Inc. (SDI) has announced that Richard “Dick” P. Teets, Jr. and Gabriel L. Shaheen will be retiring from the company’s board of directors effective as of its 2026 Annual Meeting of Shareholders on May 6.
CMC’s fiscal second-quarter earnings more than doubled on strong underlying market conditions across all its segments.
The US Export Import Bank (Ex-Im) has said it will support a Mesabi Metallics iron ore project in Minnesota to up to $10 billion, according to a report in the Economic Times of India.
Worthington Steel reporter lower FY Q3 earnings on what its CEO described as "challenging" macroeconomic conditions.
Doyle Hopper has joined Oregon Steel Mills as its new president.
When nations eye their trade policy these days, are they only seeing tariffs? It might seem that way, especially after reading a presidential executive order or five over the last year. But is the condition spreading?
Nucor expects first-quarter 2026 earnings to be higher both sequentially and on-year, with its steel mills segment logging the largest increase.
Japan’s Nippon Steel has received loans totaling 900 billion yen ($5.6 billion) from Japan Bank for International Cooperation (JBIC) and other Japanese lenders to repay the loan for its buy of Pittsburgh-based U.S. Steel.
While decarbonization has fallen out of the headlines a bit, that doesn't mean it's gone away. Tariffs, geopolitical instability, outright war... there has been a lot to write about in the last year.
The Steel Manufacturers Association’s (SMA's) Philip K. Bell believes President Trump’s steel tariffs have been effective so far, and thinks we should remain “solution-focused” regarding the upcoming USMCA review.
Zekelman Industries said Jean-Marc “JM” Athanassiadis will take over as division president for the company’s Sharon Tube business unit in Farrell, Pa.
Nucor raised its consumer spot price for hot-rolled coil to $1,015 per short ton, up $5/st from last week.
SA Recycling's CEO George Adams couldn't be more upbeat about American industry.
Mexican steel trade group Canacero has elected TenarisTamsa’s Sergio de la Maza Jiménez as its new president of the board of directors for 2026-27.
The Global Steel Climate Council (GSCC) has certified its first Asian steel company.
The spread between domestic hot-rolled coil and prime scrap prices widened in March, marking a six-month trend.
Sometimes it feels like current events are like a fireworks show that got set off all at once by mistake. In all the commotion, it's hard to know where to look... or where to run.
The US scrap market softened in March as most grades traded sideways, with prices seen falling next month, sources told SMU.