News
SMA: North American steel trade needs a strategic reset
2+ hour, 42+ min 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…...
Steel and aluminum spared in new Section 301 forced-labor tariffs
3+ week, 21+ hour ago (496+ words) Written by Laura Miller The office of the US Trade Representative (USTR) released its findings surrounding two Section 301 investigations involving a host of economies" actions on forced labor and Brazil"s policies. The big takeaway for steel and aluminum? The…...
Final Thoughts: SAFE and supply chains
1+ mon, 3+ week ago (1593+ words) Written by Michael Cowden I attended the SAFE Summit in Washington, D. C. , earlier this week. It was an out-of-this world event " and I mean that quite literally. There were serious discussions around building data centers in space: Plenty of sun for…...
US opens new S232 tariff-relief path for Canadian and Mexican producers
1+ mon, 3+ week 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…...
Final Thoughts: SMU Steel 101 goes to Monterrey, Mexico!
2+ mon, 4+ week ago (1431+ words) Written by David Schollaert We wrapped up another SMU Steel 101 workshop last week. And this time, we had the privilege of taking our hands-on industry workshop on steelmaking and market fundamentals abroad. Namely, to Monterrey, Mexico. And, Monterrey, you are…...
Heating and cooling equipment shipments fall back in January
3+ mon, 1+ week ago (405+ words) Written by Brett Linton Heating and cooling equipment shipments declined 12% from December to January, according to the latest data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). This marks the second-lowest shipment rate recorded in the past nine years,…...
SMA's Bell views S232 tariffs as effective, but USMCA agreement needs improvement
3+ mon, 1+ week ago (692+ words) Written by Ethan Bernard The Steel Manufacturers Association's (SMA's) Philip K. Bell believes President Trump's steel tariffs have been effective so far, and thinks we should remain "solution-focused" regarding the upcoming USMCA review. "We believe the steel tariffs have been very…...
Commerce review finds continued dumping of Mexican pipe and tube
3+ mon, 2+ week ago (388+ words) Written by Laura Miller An administrative review of the anti-dumping duty (AD) order on heavy-walled rectangular pipe and tube imports from Mexico has found evidence of continued dumping by Mexican companies. The review period covers the year ended Aug. 31, 2024. Preliminary…...
AMU: Pace expands plant closures, removing die-casting capacity from US network
3+ mon, 2+ week ago (1166+ words) Written by Nicholas Bell Pace Industries plans to close two more die-casting plants in Muskegon, Mich. , according to a Worker Adjustment and Retraining Notification (WARN) filed with the Michigan Department of Labor and Economic Opportunity. Pace will permanently close the…...
Great lakes iron ore shipments drop in 2025
4+ mon, 2+ week ago (358+ words) Written by Ethan Bernard US-flagged iron ore shipments on the Great Lakes fell last year vs. 2024. The Lake Carriers" Association reported iron ore shipments were off 10. 8% to 39. 1 million short tons compared with the previous year. More broadly, US-flagged Great Lakes…...