GrafTech narrows Q2 loss, expects 'modest' graphite electrode demand growth
GrafTech International’s net loss narrowed in the second quarter as the company expects a modest increase in demand for graphite electrodes in 2026.
Contributor: Ethan Bernard
Ethan Bernard
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Final Thoughts: USMCA column wrap-up
A wrap-up following USMCA review columns from SMA, AISI, and the CSPA.
Reliance logs higher Q2 profits, boosted by border wall project
Reliance Inc.'s earnings improved in the second quarter, boosted by a US government project for the border wall with Mexico.
SSAB Americas logs lower Q2 profits, sees outage charges in Q3
Swedish steelmaker SSAB reported lower profits in the second quarter at its Americas unit. And it expects outage charges in the third quarter.
Electra taps Haessig for advisory board
Ralf Haessig has joined the advisory board of Electra, the clean iron technology company said on Tuesday.
SDI backs strong trade policy, says US scrap supply 'ample'
Steel Dynamics Inc.'s (SDI's) executives said they are working with the current administration towards keeping a robust trade policy that favors US products, and that scrap supply in the US remains "ample."
USTR traveling to Mexico this week to discuss USMCA, steel tariffs
US Trade Representative (USTR) Jamieson Greer will travel to Mexico from Wednesday to Friday this week to continue bilateral discussions related to the USMCA joint review.
Liberty Steel temporarily furloughs workers at Illinois wire rod mill
Liberty Steel workers at its Bartonville, Ill., facility face furloughs after an industry downturn, according to a media report.
Orion Steel taps Ptacek as president
Orion Steel has appointed Todd Ptacek as its new president.
Rocky Mountain Steel delivers first stick of rail to Union Pacific
Rocky Mountain Steel Mills said that Union Pacific Railroad received the first stick of rail from the steelmaker’s new long rail mill in Pueblo, Colo.
Senate Finance Committee advances ITC nominees; AISI, SMA cheer
The US Senate Finance Committee has advanced the nominations of five nominees to the US the International Trade Commission. They will now be considered by the full Senate.
HRC vs. prime scrap widens again in July
The spread between domestic hot-rolled coil and prime scrap prices widened further in July, a trend that started back in September. It’s at its widest level since April 2022.
Worthington declares opening of delisting offer period for Kloeckner shares
Worthington Steel has opened the acceptance period for its public delisting tender offer for all outstanding Kloeckner & Co SE shares.
Mesabi Metallics logs first production blast at iron ore mine
Mesabi Metallics Co. has announced the successful completion of its first production blast at its iron ore mine in Nashwauk, Minn.
SMU's scrap tags settle soft sideways in July
SMU’s scrap prices came in soft sideways in July, according to market sources.
Mexico urges US steel, auto tariffs be removed: Report
The Mexican government is pushing to have steel and auto tariffs removed in its next round of USMCA negotiations with the US, according to a report in El Pais.
Ferrous scrap market chatter this month
A snapshot of our scrap market survey with some respondent comments included.
Fabricator JGM makes changes to executive team
Industrial construction and steel fabricator JGM has announced leadership changes.
SMU Scrap Survey: Current Sentiment rises, Future Sentiment dips
SMU’s Current Sentiment Index for scrap increased in July as Future Sentiment slipped, according to the latest data from our ferrous scrap survey.
Algoma in talks with TKMS following submarine deal
Algoma Steel is in talks with ThyssenKrupp Marine Systems (TKMS) following the Canadian government's selection of the German company as the preferred supplier of submarines.
Canada taps TKMS for submarines, passes on Algoma-linked deal
The Canadian government has selected a German firm to build submarines, passing on a contract from a South Korean company linked with Algoma Steel.
Cliffs awarded $400M GOES contract from Department of War
Cleveland-Cliffs has been awarded a $400 million contract by the US Department of War for grain-oriented electrical steel (GOES), the department announced last week.
US steel trade groups, unions say USMCA must be strengthened
Steel trade groups and unions in the US have weighed in on the USMCA review process, as the US announced it would not renew the trade pact in its current form.
Algoma guides to lower Q2 shipments, but adjusted EBITDA to show profit
Algoma Steel Group expects lower shipments in its second quarter of 2026 but anticipates adjusted EBITDA to move back into the black.
US declines to renew USMCA agreement in current form
The US government did not agree to renew the USMCA agreement in its current form, US Trade Representative Jamieson Greer said on Wednesday.
SMU Community Chat: Tanners sees tags tapering off in second half
Wells Fargo's Timna Tanners thinks the steel price rally will be falling off as we get further into the second half.
CMC's profits soar in fiscal third quarter
CMC’s profits more than doubled in its fiscal third quarter.
Worthington swings to fiscal Q4'26 loss
Worthington Steel swung to a loss in its fiscal fourth quarter as the company completed its acquisition of Germany-based Kloeckner & Co.
Final Thoughts
While the way we deliver Final Thoughts is changing on Friday, our commitment to bring you the most up-to-date steel news remains unwavering.
SSAB Americas and partners debut circular steel project
SSAB Americas, the Greenbrier Companies, and Alter Trading have partnered on a project where recycled materials can be used to make near-zero emissions steel and returned to the supply chain.