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Latest news
AISI: Weekly raw steel production ticks up
Domestic steel production increased last week, according to the latest figures from the American Iron and Steel Institute (AISI). Production has trended higher since mid-October, though it is not as strong as output seen over the summer months.
Russel Metals reports mixed Q3 results
Russel Metals posted mixed financial results in its third-quarter earnings report. The Mississauga, Ontario-based metals processing and distribution company generated Canadian $35 million (US$53.5 million) in net income for Q3’25, representing a 1.4% increase from the same quarter in 2024.
Nucor increases HR spot price by $5/ton
Nucor increased its weekly hot-rolled coil spot list price by $5 per short ton on Monday, Nov. 10.
Final Thoughts: Strong leaders forge stronger metals’ industry success at AMWI
Anyone standing near the Sheraton Grand at Wild Horse Pass in Phoenix, Az undoubtedly felt a kinetic charge this week. Professionals from coast-to-coast convened in the posh desert oasis for the Association of Women in the Metals Industry (AMWI) 2025 conference. Amidst the metals crowd were those leading teams and organizations through the heat of the 2025 moment.
Join SMU and AMU for a Community Chat on Thursday about Trump, trade, and tariffs
Want to know the latest on Trump, tariffs, and trade policy – and the impact on both steel and aluminum? Join Steel Market Update (SMU), Aluminum Market Update (AMU), and leading law firm Wiley for a Community Chat on Thursday, Nov. 13, at 11 am ET.
Klöckner sharpens US focus as Americas segment delivers strong Q3
North America continues to anchor Klöckner & Co.’s performance in 2025. The Kloeckner Metals Americas segment delivered robust earnings in the third quarter despite softer steel prices.
SMU Scrap Survey: Sentiment Indices decline
SMU’s Current and Future Sentiment Indices for scrap decreased this month, based on the latest data from our ferrous scrap survey.
Dodge Momentum Index slides in October
The Dodge Momentum Index (DMI) fell more than 7% in October, sliding for the first time in six months. Still, the index is up 35% year-to-date, according to the latest data released by Dodge Construction Network.
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