Laura Miller

The International Trade Administration’s Enforcement and Compliance department has begun a circumvention inquiry into the alleged illegal transshipment of corrosion-resistant steel (CORE) products.

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Talks of a potential joint venture between Atlas Tube and Maruichi USA have ended.

Wire rod imports from Algeria face new countervailing duties (CVDs) in the US.

Iron ore shipments on the Great Lakes picked up in June, and year-to-date (YTD) shipments show improvement over last year.

Steel mill lead times for flat-rolled steel this week remained extended at historical highs. Plate production times crept out further, while hot-rolled and cold-rolled (HR/CR) coil saw minor contractions.

The latest data from oilfield services provider Baker Hughes show that oil and gas drilling in the US pushed higher in the week ending July 10, while it tapered off further in Canada.

The US Commerce Department has opened a new Section 232 national security investigation of anthracite and metallurgical coal imports. The department is seeking detailed input from the industry on supply risks, import dependence, and potential national security impacts.

Testimony at last week’s Section 301 hearing had Brazilian pig iron in the spotlight. Domestic steelmakers and Brazilian suppliers warned that proposed forced labor tariffs would hit a critical US input for which there is no domestic substitute.

SMU’s July 10 Flat-Rolled Steel Survey results paint a picture of a steel market being squeezed from every direction. Tariffs are holding prices up and giving mills a clear advantage, while manufacturers and traders say the policy is pushing their costs higher. The Iran conflict is still disrupting freight, though its impact is slowly easing. Even so, buyers say the real pressure now is simple availability. Spot tons are scarce, imports are stalled, and many expect no real relief until late summer.