17+ hour, 47+ min ago  (782+ words) Written by Laura Miller Hybar LLC broke ground Friday on its second rebar mill in Osceola, Ark. , accelerating one of the fastest expansion runs the US long-products sector has seen in years. When SMU inquired about how things are going…...

19+ hour, 20+ min ago  (327+ words) Written by David Schollaert The US rig count rose by 10 rigs week over week (w/w) to 573 rigs, setting a new 13-month high. There were 26 more rigs in operation this week compared to the same week last year. Canadian activity increased…...

22+ hour, 54+ min ago  (1048+ words) Written by Michael Cowden We are pleased to present this week's'Final Thoughts, now delivered as its own newsletter and written by SMU editor-in-chief Michael Cowden. I saw this post pop into my Linked In feed today. I assumed it was…...

22+ hour, 13+ min ago  (267+ words) Written by Laura Miller Greer Steel is changing its name to Ohio Strip Steel. "Ohio Strip Steel reflects who we are today and where we're going," the company said in a Linked In post. "Our name is evolving'but what defines…...

22+ hour, 28+ min ago  (558+ words) Written by Laura Miller Consolidation continues in the HSS (hollow structural sections) sector, with two big deals announced just this month. The second deal came mid-month, when Bull Moose Tube Co. revealed it had agreed to acquire Hanna Steel Corp....

22+ hour, 4+ min ago  (725+ words) Written by David Schollaert Cold-rolled (CR) coil prices moved higher in the US this week, as offshore prices trended lower. While CR imports from Japan on a landed basis remain more expensive than domestic product, imports from Germany, Italy, and…...

1+ day, 18+ hour ago  (419+ words) Written by Brett Linton Most steel buyers responding to our market survey this week report mills remain firm on new order spot prices. The percentage of buyers reporting mills as negotiable fell to the lowest rate witnessed since September 2021. Negotiation…...

1+ day, 17+ hour ago  (536+ words) Written by Kristen Di Landro During Worthington Steel's fiscal fourth-quarter earnings call on June 25, company executives cited interest rates as a market headwind. The Columbus, Ohio-based service center group posted a net loss attributable to controlling interest of $48. 7 million in…...

1+ day, 22+ hour ago  (465+ words) Written by Philip K. Bell 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+ day, 23+ hour ago  (340+ words) Written by Laura Miller Tenaris is planning major upgrades to its Pennsylvania operations. The Luxembourg-based company announced an investment of more than $90 million for its steel shop and scrap processing facility in Koppel, Pa. , and its seamless pipe manufacturing plant…...