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Latest news
SMU Steel Summit 2026: What are you waiting for?
The 16th annual SMU Steel Summit is bringing together the industry’s top voices to examine the trends shaping the market ahead.
Sheet market expects broad price stability and ‘hot’ HR demand
Some domestic hot-rolled (HR) coil market participants say they expect prices remain stable through the end of 2026. Asked why prices would hold and not slip, sources said they anticipate mills won’t suddenly have much more capacity for spot orders. They also noted that the annual summer doldrums haven’t sent demand into a precipitous decline. They contend that most in the steel industry expected […]
Plate market remains mixed on whether market will accept mill hikes
On the heels of SSAB’s price hike, further domestic mill increases to spot market plate seem inevitable to some participants but unlikely to others.
Rig count reaches 14-month high in US, falls again in Canada
The latest data from Baker Hughes show that oil and gas drilling in the US was steady last week, while it tapered off further in Canada.
Heating and cooling equipment shipments recovered in May
Total shipments of heating and cooling equipment improved 3% from April to May, according to recently released figures from AHRI.
Mexico urges US steel, auto tariffs be removed: Report
The Mexican government is pushing to have steel and auto tariffs removed in its next round of USMCA negotiations with the US, according to a report in El Pais.
AMU: Did aluminum markets price in peace too soon?
Aluminum prices have spent the past month pricing in a calmer Middle East, while developments in the Strait of Hormuz have suggested anything but.
Join SMU for a Community Chat with Barry Zekelman on Wednesday!
Barry Zekelman, executive chairman and CEO of Zekelman Industries, will be the featured guest on our next Community Chat on Wednesday, July 15, at 11 am ET.
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