How steel and aluminum imports declined among the largest importers of tariffed steel and aluminum products in the states.

In Majestic Steel's latest report, domestic steel production finally breaks from months of decline. 

The steelmaker filed for bankruptcy and is laying off 376 employees. 

Domestic and global steel production falls flat in the latest report from Majestic Steel. 

The acquisition creates a partnership for a clear path to consolidation.

This attack and subsequent production outage caused the largest, one-day, oil price surge since 1991. As of this writing, crude oil pricing is at $60.43, up 10.17 percent from Friday. This is the highest crude has been since May. 

Domestic steel production falls for the fourth consecutive week, according to a new report from Majestic Steel. 

From Dr. Ming He, Head of China Bulks, for Wood Mackenzie, “Steel demand from the property sector grew at 3.9% yoy in 2018 and has been the main contributor to the healthy growth in China’s steel market.”

Current expectations from the domestic scrap market is for pricing to slide $10-$20/gt and give back most, if not all, of August’s increase.

Paul Nathanson, executive director for the Coalition of American Metal Manufacturers and Users, explains why the Section 232 steel tariffs were a futile effort to save domestic steel.