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…...

3+ week, 5+ 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…...

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…...

2+ day, 11+ 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+ 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…...

2+ week, 4+ day ago   (336+ words) Written by Laura Miller Canada’s government on Monday announced the largest shipbuilding contract in Quebec’s history. In partnership with Chantier Davie Canada Inc., the Government of Canada plans to invest over $11 billion to build six new icebreakers for the Canadian…...

3+ week, 1+ day ago   (1157+ words) Written by Michael Cowden A potential trade deal with Canada and a possible reduction in Section 232 tariffs have rocketed back into the news just a few weeks after it seemed like negotiations between Washington and Ottawa were kaput. I won’t…...

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, 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…...

2+ day, 11+ 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…...