BlueScope’s new chief executive used her first public address to signal a faster, more aggressive phase for the steel company. She underscored the strength of its US operations and the rejection of a recent takeover proposal she said “materially undervalued” the business.
Steel mill lead times held steady on most products this week following the surge seen in early January, according to responses from SMU’s latest market survey
Just over a third of the steel buyers who responded to our market survey this week reported that domestic mills are willing to talk price to secure new spot orders.
Cleveland-Cliffs' shuttered tin mill in Weirton, W.Va., caught fire on Saturday as a crew worked to recover scrap metal ahead of the plant's demolition, according to a local news reports.
Steel mill lead times increased for both sheet and plate products this week, according to responses from SMU’s latest market survey.
Domestic raw steel production inched higher last week but remains low compared to recent months, according to the latest data released by the American Iron and Steel Institute (AISI)
Domestic raw steel production edged lower last week, according to the latest data released by the American Iron and Steel Institute (AISI).
Rocky Mountain Steel Mills has begun hot commissioning a universal rail mill at its mini-mill in Pueblo, Colo.
Posco has confirmed a 20% stake in a joint EAF mill in Louisiana with fellow South Korean firm Hyundai, an investment valued at $582 million.
Steel mill lead times held relatively steady this week on both sheet and plate products, according to responses from SMU’s latest market survey.
Less than half of the steel buyers who responded to our market survey this week reported that domestic mills are willing to talk price on new spot orders
NLMK has revised their galvanized and galvanneal coating extras effective January 2026.
Steel mill lead times extended marginally this week on most sheet products but declined for plate, according to responses from SMU’s latest market survey.
Domestic mill production inched higher last week, according to the latest figures released by the American Iron and Steel Institute (AISI). Prior to the start of this month, raw output had remained historically strong since June.
US-based Ampco-Pittsburgh has placed its forged and cast rolls plant in Gateshead, northeastern England, into administration through voluntary insolvency after years of losses.
Steel mill lead times ticked lower across most sheet and plate products this week, according to responses from SMU’s latest market check.
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.
Sheet and plate lead times saw minor shifts this week, according to SMU’s latest market survey. Sheet times have inched up over the last month but remain within days of multi-year lows, as they have since May. Plate lead times have bobbed within a tight range for months, hovering roughly a week longer than this time last year.
August marked the second-lowest monthly production rate this year, down 13% from the two-year high of 166.6 million mt in March.
Domestic mill output declined last week, according to the latest data released by the American Iron and Steel Institute (AISI). While down, production remains historically strong, holding near multi-year highs since June.
Sheet and plate lead times held steady yet again this week, according to steel buyers responding to our latest market survey, a trend in place since May.
Domestic mill output increased last week, according to the latest data released by the American Iron and Steel Institute (AISI). Production remains historically strong, holding near multi-year highs since June.
Mill production times for sheet products are holding just above multi-year lows, while plate lead times remain elevated.
The total volume of raw steel produced around the globe fell by 5% from May to June, according to recent data published by the World Steel Association (worldsteel).
Domestic steel mill output edged lower last week, according to the American Iron and Steel Institute (AISI). While down, production remains historically strong since peaking in early June.
Domestic steel mill output inched higher last week, according to the American Iron and Steel Institute (AISI). Raw production remains historically strong and has been growing steadily since April.
Following the uptick seen two weeks ago, lead times eased this week for all four sheet products tracked by SMU, while plate lead times held steady, according to this week’s market survey.
The majority of steel buyers responding to our latest market survey say domestic mills are more willing to talk price on sheet and plate products than they were earlier this month. Sheet negotiation rates rebounded across the board compared to early June, while our plate negotiation rate hit a full 100%.
Global raw steel production rose 2% from April to May, slightly above average production levels seen in recent months, according to data recently released by the World Steel Association (worldsteel).
US steel mills have ramped up raw production since April, with weekly output steadily increasing in nearly every week since.