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Steel Market Update
steelmarketupdate. com > 04/28/2026 > final-thoughts-the-chicago-briefing

Final Thoughts: The Chicago Briefing

7+ hour, 57+ min ago  (1389+ words) Written by David Schollaert Last week, Steel Market Update and CRU hosted our inaugural VIP Briefing in Chicago ahead of the Scouting America Metals Industry Dinner. The idea and focus of the event were simple: to bring the steel community…...

Steel Market Update
steelmarketupdate. com > 04/28/2026 > nucor-sees-strong-demand-record-shipments-and-higher-prices-as-2026-builds-momentum

Nucor sees strong demand, record shipments, and higher prices as 2026 builds momentum

8+ hour, 48+ min ago  (829+ words) Written by Laura Miller Executives from Nucor Corp. said US steel demand remains stable, with pockets of strength in data centers, energy, border fence work, and infrastructure. They provided the update on a conference call on Tuesday morning to discuss…...

Steel Market Update
steelmarketupdate. com > 04/28/2026 > nucor-west-virginia-mill-is-85-complete-commissioning-to-finish-in-2026

Nucor West Virginia mill is 85% complete, commissioning to finish in 2026

10+ hour, 58+ min ago  (365+ words) Written by Laura Miller Nucor's new, 3-million-ton-per-year sheet mill in Apple Grove, W. Va. , has reached "about 85%" completion, with commissioning underway, according to executives speaking on a first-quarter earnings conference call on Tuesday. Commissioning will run through 2026. The team will start…...

Steel Market Update
steelmarketupdate. com > 04/27/2026 > us-opens-new-s232-tariff-relief-path-for-canadian-and-mexican-producers

US opens new S232 tariff-relief path for Canadian and Mexican producers

1+ day, 9+ hour ago  (542+ words) Written by Laura Miller The US Department of Commerce has released new procedures allowing certain steel and aluminum producers in Canada and Mexico to qualify for reduced Section 232 tariffs. But only if they commit to building new primary production capacity…...

Steel Market Update
steelmarketupdate. com > 04/27/2026 > nucor-raises-hr-spot-price-to-1065-ton

Nucor raises HR spot price to $1, 065/ton

1+ day, 13+ hour ago  (298+ words) Written by David Schollaert Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1, 065 per short ton (st), a $10/st increase from last week. The Charlotte, N. C. -based steelmaker said in a letter to customers on Monday, April…...

Steel Market Update
steelmarketupdate. com > 04/26/2026 > leibowitz-as-usmca-talks-heat-up-trump-admin-focuses-on-wrong-issues

Leibowitz: As USMCA talks heat up, Trump admin focuses on wrong issues

2+ day, 14+ hour ago  (466+ 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…...

Steel Market Update
steelmarketupdate. com > 04/26/2026 > final-thoughts-to-collect-or-not-to-collect-a-tariff-refund

Final Thoughts: To collect, or not to collect, a tariff refund?

2+ day, 14+ hour ago  (811+ words) Written by Stephen Miller The US Customs and Border Protection (CBP) opened a portal on April 20 for refunds of tariffs, which were collected from importers on goods covered by International Emergency Economic Powers Act (IEEPA). These tariffs were commonly called…...

Steel Market Update
steelmarketupdate. com > 04/24/2026 > usmca-ustr-greer

USTR Greer says rules of origin to be central in USMCA talks

4+ day, 9+ hour ago  (434+ words) Written by Ethan Bernard US Trade Representative (USTR) Jamieson Greer said rules of origin will be a major focus of upcoming USMCA review talks. This comes on the heels of Greer's recent visit to Mexico. He said if Mexico and…...

Steel Market Update
steelmarketupdate. com > 04/24/2026 > rig-counts-hold-steady-in-us-canada

Rig counts hold steady in US, Canada

4+ day, 10+ hour ago  (384+ words) Written by Laura Miller Baker Hughes" latest data shows the US rig count inching up by one while the Canadian count held steady in the week ended April 24. The US lost three oil rigs but gained four gas rigs, for…...

Steel Market Update
steelmarketupdate. com > 04/24/2026 > air-liquide-to-spend-more-than-350m-to-support-hyundai-posco-louisiana-mill

Air Liquide to spend more than $350 M to support Hyundai-POSCO Louisiana mill

4+ day, 11+ hour ago  (435+ words) Written by Ethan Bernard France's Air Liquide is investing more than $350 million to expand industrial gas production and infrastructure in support of the proposed Hyundai-POSCO EAF mill in Louisiana. The Paris-based multinational that supplies industrial gases and related services is…...