The Canadian federal government and the Ontario provincial government have announced five-year commitments totaling CA$5.22 billion (US$3.72 billion) for a Joint Steel Action Fund. That funding comes ...

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 ...

Steel Dynamics Inc. (SDI) announced a round of leadership promotions. “I am excited to recognize these six leaders for their outstanding contributions to our company’s continued growth and success,” ...

Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel ...

The US Department of Commerce has reduced the anti-dumping duty on corrosion-resistant (CORE) steel for some Mexican producers after a court order. On remand from the Court of International Trade (CIT ...

Metalformers’ economic outlook softened in the Precision Metalforming Association (PMA) October Business Conditions Report. Still, the bulk of respondents continued to expect stable conditions. David ...

Sheet and plate prices continue to push higher as mills charge a premium for what little spot tonnage remains for 2026, market participants said. SMU’s price assessment for hot-rolled (HR) coil now ...

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 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 ...

Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel ...

A steel supply constraint is affecting some production schedules at Nissan North America, the automaker confirmed to SMU. The confirmation followed a Friday report by WLBT3 News that the shortage was ...

Behlen Mfg. Co. announced the closure of its Behlen Building Systems manufacturing facility in Sarasota, Fla. The company cited high production costs in the Southeast US, higher material and freight ...