
SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant
The project will expand heat treat capacity at its Axis, Alabama plant
The facility at AMNS Calvert will be the first EAF in North America capable of supplying exposed automotive grades with domestically melted and poured material.
It's just the latest change for US trade policy
But profits slipped vs. last year.
The constant flow of information we all receive can be a bit overwhelming, but SMU is here to help with a weekly snapshot.
“We remain deeply concerned about the national and economic security implications of the subject transaction,” the union stated in the letter dated April 21.
A factor in the sales was customers buying ahead of tariff-related price increases.
Manufacturing was mixed, but two-thirds of districts said activity was little changed or had declined.
Participants on the HARDI Sheet Metal/Air Handling Council call said underlying demand is solid but there are slower pockets in some markets.
The company cited uncertainty about freight rates and demand, regulatory changes and the impact of tariffs.
Meanwhile, an increasing number think it's too early to say whether the penalties are going to bring more manufacturing to the US.
Firms were pessimistic, with the future general business conditions index falling to its second lowest reading in the more than 20-year history of the survey
This is the Ohio-based steelmaker’s fourth time winning the award.
The constant flow of information we all receive can be a bit overwhelming, but SMU is here to help with a weekly snapshot.
Elon Musk's DOGE is determining which Department of Energy grants to advance and which ones to terminate, according to several media outlets
Recall that shipments also saw a sharp decline in January.
The Canadian steelmaker said its absorbing higher tariffs as it moves forward.
The construction sector added 13,000 jobs, seasonally adjusted, in March, but tariffs could undermine the industry.
The constant flow of information we all receive can be a little overwhelming, but SMU is here to help with a snapshot of the week.
Supply chains are working through what the tariffs mean for them
Chad Utermark, executive vice president of new markets and innovation, plans to retire effective June 7.
Canada imposes auto tariffs, while automaker Stellantis temporarily idles some plants.
The constant flow of information we all receive can be a little overwhelming, but SMU is here to help with a snapshot of the week.
As Hybar nears the completion of its $700-million rebar mill in Arkansas, the company said it is still “actively considering” building other steel facilities in the southern US.
Transportation equipment led the increase, rising 1.5% to $98.3 billion.
People remain concerned about inflation, trade policies, and tariffs.
The Pittsburgh steelmaker expects to see increasing volumes from both Big River Steel and Big River 2.
Single-family starts last month hit a rate of 1.10 million, a month-over-month increase of 11.4%, census data shows.
The ABI is a leading indicator for near-term nonresidential construction activity and projects business conditions ~9-12 months down the road (the typical lead time between architecture billings and construction spending).
Demand is up, but tariffs raise concerns