
SMU's Week in Review: May 5-May 9
Here are highlights of what’s happened and a few things to keep an eye on this upcoming week.
Here are highlights of what’s happened and a few things to keep an eye on this upcoming week.
The future of two projects supported in part by funding through the Department of Energy remains uncertain.
Meanwhile, its Canadian operations have been hurt by the broader tariffs proposed by the United States.
Maximo Vedoya was awarded in recognition of Ternium’s expansion project in Pesquería, Mexico, and Ternium’s efforts to decarbonize steelmaking.
Mercedes-Benz is planning to move production of a “core segment vehicle” to Tuscaloosa, Ala., by 2027.
With so much happening in the news cycle, we want to make it easier. Here are highlights of what’s happened and a few things to keep an eye on this upcoming week.
Ryerson's net loss shrinks in first quarter.
The steelmaker now expects the new steel slab mill in Pesquería will begin operations by Q4’26.
PMA’s April report shows that only 16% of surveyed manufacturers anticipate an increase in economic activity in the next three months (down from 23% in March)
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.