News
US apparent steel supply recovers in December but remains low
2+ day, 2+ hour ago (391+ words) Written by Brett Linton December supply increased by 548,000 short tons (st) from November to 8.16 million st, the third-lowest monthly rate of 2025 (Figure 1). This comes one month after supply fell to 7.61 million st, the lowest measure recorded since February 2021. The December…...
Leibowitz: Adjustments to Section 232 in the offing?
2+ week, 3+ hour ago (846+ words) Written by Lewis Leibowitz 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…...
Final Thoughts
2+ week, 2+ day ago (693+ words) Written by Ethan Bernard The day started off cloudy in Tampa. But by early afternoon on Thursday, the Florida sunshine returned in full force. There was no parallel lag in the content on the first full day of the Tampa…...
Algoma Steel supplies Davie shipbuilders with plate for Polar Max program
2+ week, 5+ day ago (487+ words) Written by Kristen DiLandro "Working with Algoma puts Canadian steel at the heart of Davie's shipbuilding capability, strengthening the shipbuilding ecosystem and supporting skilled jobs in Qu'bec and Ontario,said Davie's CEOJames Davies. Algoma Steel CEO Rajat Marwah affirmed the…...
Apparent steel supply tumbled to a multi-year low in November
3+ week, 2+ day ago (493+ words) Written by Brett Linton The amount of finished steel that entered the US market in November slipped to a near five-year low, according to SMU's analysis of recently released Department of Commerce and American Iron and Steel Institute (AISI) data....
US steel exports down to 5-year low in November
3+ week, 2+ day ago (425+ words) Written by Brett Linton The volume of steel exported from the US in November tumbled 15% from the month prior to 563,000 short tons (st), according to recently released data from the US Department of Commerce. This marks the lowest monthly export…...
Steelmaking raw material prices increase through January
1+ mon, 3+ day ago (664+ words) Written by Brett Linton Editor's note: Steel Market Update is pleased to share this Premium content with Executive members. For information on how to upgrade to a Premium-level subscription, contact Luis Corona at [email protected]. Table 1 shows the latest prices for…...
Steel execs praise Trump, call for firm hold on S232 ahead of USMCA review
1+ mon, 3+ day ago (645+ words) Written by David Schollaert A coalition of US steel industry CEOs has formally urged President Trump to maintain'and fully enforce'current Section 232 tariffs on steel and steel'containing goods. The group credits the strengthened tariff regime, including the increase to a 50% rate…...
Algoma charges BF #7 for last time, begins fully EAF era
1+ mon, 1+ week ago (462+ words) Written by Ethan Bernard The final charge of Algoma Steel's #7 blast furnace occurred on Saturday as the company transitions to fully electric-arc furnace (EAF) steelmaking. "The shutdown of our primary operations commenced last week with our coke-making assets," a spokeswoman…...
Steel Caucus hears unified call for tougher trade enforcement
1+ mon, 2+ week ago (1213+ words) Written by Laura Miller Members of the Congressional Steel Caucus met in Washington on Wednesday to assess the state of the domestic steel industry. Industry leaders joined lawmakers to discuss the importance of Section 232 tariffs, strong trade enforcement, and continued…...