This piece was first published by Aluminum Market Update (AMU), SMU’s nonferrous sister publication. To learn about AMU, visit the website or sign up for a free trial. Steel Dynamics Inc. (SDI) ...
Global raw steel production slowed for the fourth straight month in September, according to the latest figures from the World Steel Association (worldsteel). After falling 3.4% month over month (m/m) ...
BlueScope has announced interim leadership for its North American operations ahead of the departure of Kristie Keast. Keast will leave the company at the end of October after serving as chief ...
“Now, the problem is no longer the price. The problem is having access to steel.” That would have made a good lead. But I can’t take credit for it. Michael Cowden is editor-in-chief for Steel Market ...
Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in ...
U.S. Steel’s board of directors has approved a nearly $3 billion investment in a new hot strip mill (HSM) at the Edgar Thomson Plant, part of the Mon Valley Works outside Pittsburgh. Laura Miller is a ...
Reliance Inc. is keeping a close eye on inventory as extended lead times, elevated prices, and tight material availability complicate purchasing decisions. Executives at the Phoenix-based service ...
Architecture firms reported weaker business conditions in September, according to the latest Architecture Billings Index (ABI) release from the American Institute of Architects (AIA) and Deltek. The ...
Nucor Corp. announced a $60 million investment to expand its Towers & Structures facility in Trinity, Ala., to increase production of steel poles and other structures for utility infrastructure. The ...
Nucor said on Monday, Oct. 19, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,255 per short ton (st) this week, up $15/st from the prior week. The CSP for HR coil from ...
Independent galvanizer and coil coater AZZ Inc. said galvanized flat-rolled steel availability remains a constraint for its Precoat Metals business, complicating customer sourcing and logistics. The ...
SMU’s Steel Demand Index rose three points to 64.5 in mid-October, from 61.5 in early October. While it remains below a five-year high reached in mid-September, it is up 27 points from a reading of 37 ...