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Photo – The US reduced imports of rolled steel by 26.8% y/y in January–May
The US reduced imports of rolled steel by 26.8% y/y in January–May

Total steel imports into the country fell by 26.3% over the period

Photo – Tenaris is investing over $90 million in the modernisation of its pipe plants in the US
Tenaris is investing over $90 million in the modernisation of its pipe plants in the US

The projects are scheduled to be completed in the second half of next year

Photo – SSAB Americas is launching a steel recycling project in the US
SSAB Americas is launching a steel recycling project in the US

The plan is to use wagons made from SSAB Zero steel for the subsequent transport of scrap

Photo – Midrex is to build a DRI production plant for US Steel
Midrex is to build a DRI production plant for US Steel

Production is scheduled to start in 2029

Photo – US steelmakers are calling for clearer smelting and casting rules under the USMCA
US steelmakers are calling for clearer smelting and casting rules under the USMCA

AISI is also calling for an increase in the proportion of North American steel used in the manufacturing sectors

Photo – Nippon Steel forecasts steady growth in the US market
Nippon Steel forecasts steady growth in the US market

The company is also seeking to accelerate reforms at US Steel

Photo – Nucor has raised the price of hot-rolled coils to $1,125 per tonne
Nucor has raised the price of hot-rolled coils to $1,125 per tonne

The company is once again raising its offer by $10 per short tonne

Photo – India rejects US allegations of excess steel production capacity
India rejects US allegations of excess steel production capacity

According to Indian officials, steel production volumes should be assessed in relation to the size of the population

Photo – Global rebar prices rose by 0–6% m/m in May
Global rebar prices rose by 0–6% m/m in May

Despite the overall upturn, the Turkish market showed minimal growth against a backdrop of weak demand

Photo – Nucor has raised the price of hot-rolled coils to $1,115 per tonne
Nucor has raised the price of hot-rolled coils to $1,115 per tonne

At the same time, Gerdau Long Steel North America has informed its customers of a price increase for its products

Photo – Trump’s 50% steel tariffs have yielded mixed results – S&P Global
Trump’s 50% steel tariffs have yielded mixed results – S&P Global

U.S. steelmakers saw increased revenue and investment, while consumers faced rising costs

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