The chairman of the nation’s largest flat-rolled producer kicked off three-day FMA Annual Meeting with his take on the state of the steel industry.

The U.S. Commerce Department has crafted a new tariff-rate quota agreement with Japan on steel products to replace the existing Section 232 tariffs. The deal was announced by U.S. Secretary of Commerce Gina Raimondo and Trade Representative Katherine Tai.

Steel prices are falling fast – so fast that I hesitate to put numbers to paper for fear they’ll be old by the time the ink dries.

The metals supply chain followed up the pandemic-dominated 2020 with a 12-month span that was even more unpredictable. Low stock levels were the rules for most metals warehouses.

The flat-roll industry is experiencing strong demand despite high steel prices, but new capacity may be a game changer.

From new biomedical applications to aerospace, titanium proves a powerhouse in the industry.

The United States will replace the existing Section 232 tariffs on steel and aluminum with new tariff rate quotas. The new deals were announced Oct. 31 by United States Secretary of Commerce Gina Raimondo and United States Trade Representative Katherine Tai.

As the United States negotiates with the EU on revisiting Section 232 tariffs and the pursuit of decarbonization, two steel groups and the union representing steel workers are pushing for continued steps to ensure there is no surge of imports. The American Iron and Steel Institute, Steel Manufacturers Association and United Steelworkers have written President Joe Biden asking for measures to protect the domestic industry.

The Precision Metalforming Association joined 32 other trade associations in calling for President Joe Biden to terminate Section 232 steel and aluminum tariffs in place since 2018. The associations’ letter builds on a separate letter from 300-plus U.S. manufacturing companies who last month requested the Biden administration put an end to these tariffs.

Though not a champion of Section 232 tariffs when they were introduced, the Aluminum Association says steps to unwind them should be taken slowly and carefully.

A group of more than 300 businesses involved in manufacturing, including several service centers, have called on President Joe Biden to terminate the Section 232 steel and aluminum tariffs immediately. The tariffs were enacted in 2018 by former President Donald Trump.

The first two panels at the virtual Tampa Steel Conference last month featured leading voices on the subject of foreign trade of steel products.

The arrival of a new presidential administration has metals industry participants expecting a significant change in how that affects business conditions, according to a new survey from Headwall Partners. The independent corporate finance and strategic advisory firm conducts an annual survey of leaders in the metals sector.

Steel prices have risen relentlessly since bottoming out last summer and hit new record highs last month. But there are signs the astonishing uptrend in steel may finally be losing steam.

The American Iron and Steel Institute applauded the Senate confirmation of Gina Raimondo to serve as secretary of the U.S. Department of Commerce. Raimondo had been serving as the governor of Rhode Island.

The first two panels at the virtual Tampa Steel Conference featured leading voices on the subject of foreign trade of steel products. Following remarks by AISI President Kevin Dempsey, John Packard welcomed in SMA President Philip K. Bell, Trade Attorney Lewis Leibowitz and Chris Shipp, vice president of two Priefert companies, which serve both distribution and manufacturing functions.

The Coalition of American Metal Manufacturers and Users sent a letter to President Joe Biden requesting the termination of Section 232 Tariffs. The coalition is a group of seven trade groups, including the Precision Metalforming Association and the National Tooling & Machining Association.

Optimism continued to grow among metalforming companies in the latest survey from the Precision Metalforming Association, Cleveland.