Bula moves on from Blastr Steel
Mark Bula is wrapping up his two-plus-year tenure as CEO of Finland’s Blastr Green Steel.
Mark Bula is wrapping up his two-plus-year tenure as CEO of Finland’s Blastr Green Steel.
Nucor Corp. has begun commissioning the melt shop at its new, $4 billion sheet mill in West Virginia, according to Noah Hanners, the company’s EVP of sheet. The pickle line is producing, the electric-arc furnace has been fired up, and steel production is expected soon.
Barry Zekelman supports durable, predictable steel trade protection—and the Section 232 tariffs in particular—as a foundation for reinvestment in domestic manufacturing capacity.
New anti-dumping and countervailing duties (AD/CVDs) on rebar imports from three nations will officially take effect after a key vote.
Welspun Corp. has bagged a $1.8 billion order to supply line pipes from its US manufacturing facility.
Canada has moved to impose new tariffs on US goods, matching tariffs the US has imposed on it.
Ryerson's CEO says US reshoring remains in its early stages, despite rising investment in manufacturing capacity.
Canada’s government on Monday announced the largest shipbuilding contract in Quebec’s history.
Barry Schneider, Steel Dynamics’ president and COO, and chairman of the Steel Manufacturers Association (SMA), said transshipment is a central trade policy concern. Speaking during a fireside chat Monday afternoon at the SMU Steel Summit 2026 in Atlanta, he identified steel, fabricated products, and pipe as areas exposed to potential leakage through the two USMCA partners.
The Department of Commerce is adjusting the anti-dumping duties on light-walled rectangular pipe and tube from Mexico.
A trade deal between the US and Canada is reportedly pending that could halve Canada’s Section 232 steel and aluminum tariffs and see automobile tariffs lowered from 25% to 15%.
Ahmsa’s steelmaking assets and its Minosa mining assets in northern Mexico will be sold together as a single productive “as-is” unit on the morning of...
Talleres y Aceros SA (Tyasa) has started up its new 350,000-metric-ton-per-year SBQ facility in Ixtaczoquitlán, Veracruz, Mexico.
BlueScope’s North American operations posted a sharply stronger 2026 fiscal year, driven by wider spreads at North Star and steady gains across Buildings and Coated Products (BCP).
Algoma Steel Inc. has halted its electric-arc furnace (EAF) in Sault Ste. Marie, Ontario, after an unplanned outage at its Lake Superior Power (LSP) plant.
The latest Baker Hughes data shows drilling activity picked up in the US last week while edging higher in Canada.
Total shipments of heating and cooling equipment improved 10% from May to June, according to the latest figures from the Air Conditioning, Heating, and Refrigeration Institute (AHRI). The improved month-on-month (m/m) pace also marks the highest shipment rate of the past two years.
Foreign steel remains sharply competitive, inventory levels are mostly steady, and demand is strengthening, according to SMU's Aug. 7 market survey. But buyers are more selective than earlier in the year, even as pricing momentum continues to push spot levels higher.
Ford Motor Co. announced it will reshore production of Lincoln-brand vehicles as part of its commitment to American manufacturing. The Dearborn, Mich.-based automaker said it will phase out the importation of vehicles from China for the US market and increase domestic Lincoln production starting in 2030.
The investment in St. Joe, Ind., will add capabilities to produce steel grating products. The Charlotte, N.C.-based steel company expects the investment to create 20 new full-time jobs. Those are in addition to the over 300 workers currently employed there.
Earlier this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events. We are sharing a selection of the comments we received below, in each buyer’s own words.
Canadian steel producers will get new help moving material across the country under a federal freight rebate plan launched on Aug. 10.
Lindsay Goldberg, a private investment firm specializing in family-owned and founder-led businesses, will make a significant strategic investment in Alro Steel.
The Commerce Department has postponed making its preliminary margin determinations in the tin mill products trade case vs. Taiwan and Turkey.
Russel Metals posted record quarterly revenues and shipments in the second quarter, boosted by strong market conditions and the integration of seven Kloeckner Metals Co. facilities.
Licenses to import steel into the US surged in July to the highest level since June 2025, according to recently released US Commerce Department data. Final June figures show a 3.8% month-on-month decline, while July licenses show a 9% recovery.
Baker Hughes' latest data shows US oil and gas drilling activity was steady this week at a multi-year high, while activity slowed slightly in Canada.
The US-flag Lake Carriers Association reported steady iron ore trade on the Great Lakes in July.
The Longview, Texas-based flat-rolled processor and pipe manufacturer reported 206,000 short tons of shipments in the quarter, an increase of 28% from a year earlier.
Gerdau reported stronger results from its North American operations in the second quarter, with EBITDA up 15% from the prior quarter on firm demand and high asset utilization.