Contributor: Laura Miller

POSCO has reiterated its interest in expanding in the US market. The South Korean steelmaker also confirmed it remains in talks with Cleveland-Cliffs Inc.

U.S. Steel confirmed it is in the process of restarting one of its two Granite City Works blast furnaces. Local media reports suggest iron- and steelmaking will have resumed over weekend.

Worthington Steel reported steady progress on its planned acquisition of Kloeckner & Co., calling the deal a major strategic step as steel markets show early signs of tightening in the US and remain under pressure in Europe.

The US Department of Commerce has launched two trade investigations to determine if certain corrosion-resistant (CORE) steel imports are being transshipped through Indonesia to avoid paying anti-dumping and countervailing duties (AD/CVDs).

The galvanized sheet market continued to tighten in March as distributors and service centers reported firm demand, low inventory levels, and rising transportation costs. Participants on the monthly HARDI sheet metal and air-handling call on Wednesday described a market defined by constrained supply and steady upward pricing pressure.

Mexico’s Ministry of Economy issued a preliminary ruling in its anti-dumping case on hot-rolled steel from China and Vietnam. The government found evidence of price discrimination and imposed provisional duties on a wide range of hot-rolled flat products, including coils, sheet, strip, and plate.

The public will soon have the opportunity to request Section 232 tariff coverage on imports of automobile parts.

A precipitous decline in nonbuilding starts led to an overall slowdown in total construction starts from January to February, even as the nonresidential and residential sectors showed marked improvement.

Oil and gas drilling in the US was basically steady in the week ended March 20, based on Baker Hughes' latest report on the number of rotary rigs in operation. Drilling in Canada, however, continued to slide, with the country seeing a steep decline in its rig count.

Zekelman Industries reported paying out CA$30,000 (~US$21,845) in rewards to Canadians who reported the use of foreign steel in public works projects.

The American Institute of Architects (AIA) said architecture billings showed signs of stabilizing in February, with the headline index reading coming in just below 50.

Longview, Texas-based Friedman Industries announced it will increase the building's size and add fabrication capabilities, including laser-cutting equipment.

U.S. Steel has issued a bid solicitation for the site of its new $4 billion mini mill, and Michigan is in the running, the company’s top executive recently told Crain’s Detroit Business.

Steel Dynamics Inc. expects a sharp jump in first-quarter earnings, driven by stronger steel and recycling margins, steady fabrication results, and continued progress at its aluminum mill.

Klockner & Co.'s North American business closed 2025 with its strongest fourth quarter on record, even as pricing and currency effects weighed on revenue. The update comes as Worthington Steel moves close to securing control of the German distributor through an ongoing public takeover bid.

The office of the US Trade Representative has opened a major Section 301 investigation into structural excess capacity across global manufacturing, with steel and aluminum at the center of the inquiry.

A year after being blindsided by hefty tariffs from its top trading partner, Canadian steelmakers are renewing their call for tariff-free trade between the US and Canada.

Algoma Steel said the Section 232 tariff shock continues to shape its business model. The 50% US duty effectively shut the company out of its largest export market, forcing a structural pivot toward Canada.

Algoma Steel Inc. added to its mounting losses during the fourth quarter. Sales and shipments plummeted as ongoing trade tensions between Canada and the US force the Sault Ste. Marie, Ontario-based steelmaker to reconfigure its entire business model.

Reliance Inc. announced two big US government contract wins from its wholly-owned subsidiary AMI Metals Inc.

An administrative review of the anti-dumping duty (AD) order on heavy-walled rectangular pipe and tube from Mexico has found evidence of continued dumping by Mexican companies.

Serviacero USA is set to establish its first US manufacturing operation after purchasing a rail-served site at the Gulf Inland Logistics Park in Houston.

The Dodge Momentum Index (DMI) pulled back in February, as planning momentum normalized after a strong second half of 2025.

Oil and gas drilling continued to slow in Canada but remained steady in the US this past week.

Mexico’s Secretary of Economy is conducting ‘Operation Clean-Up,” inspecting suspicious steel companies to verify compliance with rules of origin.

Since the Supreme Court struck down President Trump’s use of IEEPA tariffs, a judge at the Court of International Trade (CIT) has ordered refunds of all IEEPA tariffs. Still, Trump is trying again with a Section 122 global tariff.

The Council on American Steel Trade (CAST) introduces itself as “pro-USA steel manufacturing and is led by trade experts representing every level of the American steel supply chain – from iron ore mining and integrated and mini-mills to processors, downstream steel-derivative producers, and the hardworking men and women of America’s steel workforce.”

CVDs and anti-dumping duties matter when importing steel. Korea often offers very competitive import rates. The importer of record is responsible for paying any ADs, CVDs, or tariffs.

Grupo Acerero SA de CV (GASA) reported increasing shipments at the end of 2025 as the steel producer ramps up a new slab mill in north-central Mexico.

Nucor announced Wednesday the retirement of Executive Vice President of Commercial Daniel R. Needham, effective June 20.