Ethan Bernard

Steel trade groups have come out in support of the Building Unrivaled Infrastructure and Long-term Development for America’s 250th Act (BUILD America 250 Act), saying it will increase demand for US-made steel.

This long weekend, we pay tribute to the sacrifices of the men and women of the US armed forces.

The US and Canadian rig counts both increased this week, according to the latest data from Baker Hughes.

Worthington Steel said on Tuesday its subsidiary plans to raise $900 million through a senior secured notes offering to raise funds for the company’s pending Kloeckner acquisition.

US raw steel production slipped last week, falling from a multi-year high the previous week, according to the most recent American Iron and Steel Institute (AISI) data.

The Office of the US Trade Representative (USTR) has announced that the United States and Mexico will be having a series of bilateral negotiating rounds related to the joint review of the US Mexico Canada Agreement (USMCA).

All regulatory conditions for Worthington Steel’s acquisition of Germany-based service group Kloeckner have been met, a spokeswoman told SMU on Wednesday.

Someone emailed me today to ask the likelihood that Section 232 steel tariffs on Canada and Mexico would be reduced. Unfortunately, that’s way above my paygrade. However, it does highlight a great reason to attend Steel Summit 2026 on Aug. 24-26.

SMU’s Steel Buyers’ Sentiment Indices edged down this week, according to our most recent survey data.

The Chicago Business Barometer increased in May after easing the two previous months.