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Latest news
Steel imports remain low in January and February
Steel imports remained close to multi-year lows in January and February, according to US Commerce Department data released this week.
US steel groups cheer as USTR launches sweeping probe into global overcapacity
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.
Sheet market weighing cost of postponing orders amid spot price hikes
This week sources said spot prices on hot-rolled coils increased modestly.
CRU: Steel export prices rise on the back of higher energy costs
Chinese steel export prices and Turkish longs export prices increased this week due to higher energy and raw material costs. In India, HR coil exports remained paused amid the Middle East crisis.
AMU: Panama Canal congestion could add to supply chain concerns
The market has been naturally fixated on the disruption of aluminum exports from the Persian Gulf. However, there is another shipping problem that also may have repercussions on the movement of manufactured goods originating in the Pacific. That is extreme congestion at the Panama Canal.
Price: What war in the Middle East teaches us about trade and industrial policy
With the Iran war approaching its third week, the future course and scope of the conflict remain uncertain. Even so, while the human costs are the most immediate and tragic, the global economic implications have already proven to be significant.
Drilling activity increases in US, falls in Canada
The latest tally of active oil and gas rigs increased in the US this week but declined in Canada, according to figures recently released from Baker Hughes.
Canacero taps TenarisTamsa CEO as new president of board
Mexican steel trade group Canacero has elected TenarisTamsa’s Sergio de la Maza Jiménez as its new president of the board of directors for 2026-27.
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