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Steel Market Update

Steel Market Update maintains ongoing conversations at all levels of the steel industry, from the executive suite to the newly hired buyer, salesperson or support staff. Where the steel community comes together Keeping a finger on the pulse of the flat-rolled steel market with the latest steel news, prices, and industr

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News

Steel Market Update
steelmarketupdate.com > 09/04/2026 > new-transactions-in-brazil-us-pig-iron-trade

New transactions in Brazil-US pig iron trade

1+ week, 1+ day ago   (647+ words) Written by Stephen Miller The market activity for pig iron imports in the US has been limited recently. However, there have been two cargoes transacted from Brazil as well as continuing imports from India. According to sources with whom SMU…...

Steel Market Update
steelmarketupdate.com > 09/01/2026 > steel-summit-cox-sees-us-auto-demand-steady-as-she-goes

Steel Summit: Cox sees US auto demand ‘steady as she goes’

1+ week, 5+ day ago   (525+ words) Written by Laura Miller Vehicle affordability pressures are limiting growth in vehicle volumes, according to Mark Strand, deputy chief economist at Cox Automotive. SUVs, fleet activity, and aftermarket work could support steel demand, he told the audience last week at…...

Steel Market Update
steelmarketupdate.com > 08/22/2026 > price-a-whirlwind-year-for-trade-sets-up-a-consequential-steel-summit

Price: A whirlwind year for trade sets up a consequential Steel Summit

3+ week, 18+ hour ago   (1601+ words) Written by Alan Price This is an opinion column. The views in this article are those of an experienced trade attorney on issues of relevance to the steel market. They do not necessarily reflect those of SMU. We welcome you…...

Steel Market Update
steelmarketupdate.com > 08/13/2026 > commerce-seeks-comments-on-additional-derivative-items-for-s232-tariffs

Commerce seeks comments on additional derivative items for S232 tariffs

1+ mon, 1+ hour ago   (326+ words) Written by Ethan Bernard The US Commerce Department is seeking additional comments on 14 derivative items for possible Section 232 duties. Comments may be submitted at any time but must be received by Aug. 27, Commerce said. The Bureau of Industry and Security…...

Steel Market Update
steelmarketupdate.com > 08/10/2026 > commerce-delays-initial-margin-decisions-in-tin-mill-products-trade-case

Commerce delays initial margin decisions in tin mill products trade case

1+ mon, 3+ day ago   (400+ words) Written by Laura Miller The US Commerce Department has postponed making its preliminary margin determinations in the tin mill products trade case. The agency launched the trade case in May after U.S. Steel and the United Steelworkers (USW) requested dumping investigations…...

Steel Market Update
steelmarketupdate.com > 08/07/2026 > steel-import-licenses-rebound-in-july-after-june-decline

Steel import licenses rebound in July after June decline

1+ mon, 6+ day ago   (520+ words) Written by Laura Miller Licenses to import steel into the US surged in July to the highest level since May 2025, according to recently released US Commerce Department data. Final June figures show a 3.8% month-on-month decline, while July licenses show a…...

Steel Market Update
steelmarketupdate.com > 08/04/2026 > us-votes-to-maintain-duties-on-rectangular-pipe-and-tube

US votes to maintain duties on rectangular pipe and tube

1+ mon, 1+ week ago   (334+ words) Written by Laura Miller US anti-dumping and countervailing duties (AD/CVDs) on light-walled rectangular pipe and tube from four countries will remain in place for another five years. The continuation of the duties comes after the US International Trade Commission’s…...

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steelmarketupdate.com > 08/03/2026 > aisi-domestic-steel-production-at-two-month-high

AISI: Domestic steel production at two-month high

1+ mon, 1+ week ago   (424+ words) Written by Brett Linton The amount of raw steel produced by US mills increased last week to the highest rate recorded since early June, according to recently released American Iron and Steel Institute (AISI) figures. Domestic production has been historically…...

Steel Market Update
steelmarketupdate.com > 07/24/2026 > steel-raw-materials-exempted-from-finalized-forced-labor-301-tariffs

Steel, raw materials exempted from finalized forced labor 301 tariffs

1+ mon, 2+ week ago   (473+ words) Written by Laura Miller Steel and many steelmaking raw materials have been spared from additional forced labor Section 301 tariffs. The Trump administration acted on Thursday, July 23, to impose additional tariffs of 10-12.5% on 60 nations for their actions, or lack thereof, to…...

Steel Market Update
steelmarketupdate.com > 07/21/2026 > sdi-backs-strong-trade-policy-says-us-scrap-supply-ample

SDI backs strong trade policy, says US scrap supply 'ample"

1+ mon, 3+ week ago   (848+ words) Written by Ethan Bernard Steel Dynamics Inc.’s (SDI’s) executives said they are working with the Trump administration toward keeping a robust trade policy that favors US products. They also said that scrap supply in the US remains “ample.” “Regarding…...