Economic growth in some US regions in September was offset by challenges in others, causing the market to appear largely unchanged overall, according to the Federal Reserve’s latest Beige Book report.
In a big win for labor, domestic manufacturing, and steel demand, Stellantis announced major investment plans for its manufacturing operations across the US Midwest.
As it accelerates an ambitious push to reshore American bicycle manufacturing, Guardian Bikes is seeking special tariff consideration for the bicycle industry.
The Institute for Supply Management’s (ISM) latest monthly report on manufacturing reflects a bleak view of American industry in September.
Trade groups cautioned that a prolonged shutdown could strain US industry.
National service center chain Olympic Steel has made an internal promotion to fill the newly created role of director of manufactured metal products.
Worthington Enterprises’ consumer and construction-facing businesses delivered a confident opening act to fiscal 2026. But the story is nuanced — especially where tariffs, volumes, and HVAC demand intersect.
Earlier this week, SMU polled steel buyers on an array of topics, ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events.
Sluggish economic activity across the US was largely attributed to uncertainty caused by tariff policies and growing cost pressures, according to the US Federal Reserve’s (The Fed) latest Beige Book report. The Fed’s latest economic report, posted on Sept. 3, consists of economic findings from the six weeks preceding Aug. 25 throughout 12 districts. Economic […]
US manufacturing activity remained muted in August despite a marginal gain from July's recent low, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
Business activity in New York state improved modestly in August. It was just the second positive reading for the general business conditions index in six months.
The tariffs amount to a wholesale transformation of US trade policy from one promoting increasing international interaction to one of restricting trade to serve national strategic goals.
US manufacturing activity slowed again in July to a 10-month low
While US construction markets are far from uniform, recent indicators from June and July paint an unusually fragmented picture.
Industries that use steel in manufacturing employ many more workers than steel production. Raising the cost of steel for these customers will not increase manufacturing employment. In fact, it will probably hit employment hard.
All districts reported “experiencing modest to pronounced input cost pressures related to tariffs, especially for raw materials used in manufacturing and construction.”
Business activity in New York state recovered slightly in July, with the Empire State Manufacturing Index seeing its first positive reading in four months.
The commercial vehicle sector is showing signs of fatigue, but you wouldn’t know it at first glance of the latest government figures.
It will be a shorter week as the United States celebrates Independence Day on Friday. But we won’t leave you high and dry.
CDC Atlantic already houses 13 die-casting machines (ranging from 900 to 1,600 tons), three on-site furnaces, and shot blasting capabilities.
US manufacturing activity slowed for a fourth straight month in June. That's a sharp shift after trending up for most of Q1.
GE Appliances announces $490-million reshoring project in Kentucky.
A roundup of trade news, what's up with Brazilian pig iron, SMU's latest survey results and more to keep you up to date.
“Economically, the business case for products made in the us has become a lot more attractive," the CEO told Fox Business.
However, companies are growing more optimistic about the future.
All districts reported "hesitancy and a cautious approach to business and household decisions,” according to the Beige Book.
May marks the third consecutive month US manufacturing activity declined, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
The US Department of Energy (DOE) adds metallurgical coal to the nation’s list of Critical Materials, following its designation by US Secretary of Energy, Chris Wright’s announcement on May 22.
While I would anticipate market sentiment to pivot and improve if all the questions around tariffs were answered, that still leaves us with a few other factors.
The budget proposal has big implications for steel and manufacturing.