2+ day, 17+ hour ago   (369+ words) Written by Ethan Bernard Worthington Steel marked another step in its takeover of Kloeckner & Co. The Columbus, Ohio-based service center group announced on Sept. 8 that it had signed a domination and profit-and-loss transfer agreement (DPLTA) with Kloeckner. This was pursuant…...

2+ day, 17+ hour ago   (800+ words) Written by David Schollaert The US plate market is increasingly challenging. Spot tons remain constrained as demand gains momentum and lead times continue to stretch out—double what they were a year ago. The same story is playing out again…...

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…...

1+ week, 3+ day ago   (348+ words) Written by Laura Miller Mexico has formally opened an anti-dumping investigation into imports of cut-to-length steel plate from Japan. Mexico’s Ministry of Economy launched the trade case after a complaint by Grupo Acerero (GASA). GASA, a San Luis Potosi-based steel…...

1+ week, 4+ day ago   (882+ words) Written by Ethan Bernard Worthington Steel’s CEO said the company remains focused on further acquisitions after the completion of its buy of Germany’s Kloeckner & Co. Geoff Gilmore, president and CEO of the Columbus, Ohio-based service center group, sat down with…...

1+ week, 4+ 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…...

1+ week, 4+ day ago   (307+ words) Written by Ethan Bernard Bull Moose Tube Co. has completed its acquisition of Hanna Steel Corp., a producer of structural and mechanical steel tubing. Further terms of the deal, first announced in June, were not disclosed. “We are pleased to…...

1+ week, 5+ day ago   (798+ words) Written by Michael Cowden JSW Steel USA has pushed back the planned outage at its plate mill in Baytown, Texas, the company’s top executive said. The 45-day outage will now take place in September instead of August, as initially planned,…...

1+ week, 5+ day ago   (310+ words) Written by David Schollaert Nucor said on Monday, Aug. 31, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,185 per short ton (st) this week, a $5/st increase from a week earlier. The CSP for HR coil from…...

2+ week, 2+ day ago   (891+ words) Written by Brett Linton On Monday and Tuesday 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. We are sharing a selection of the…...