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News

Steel Market Update
steelmarketupdate.com > 08/13/2026 > ford-plans-to-reshore-production-of-lincoln

Ford plans to reshore production of Lincoln

1+ hour, 20+ min ago   (308+ words) Written by Laura Miller Ford Motor Co. announced it will reshore production of Lincoln-brand vehicles as part of its commitment to American manufacturing. The Dearborn, Mich.-based automaker said it will phase out the importation of vehicles from China for…...

Steel Market Update
steelmarketupdate.com > 07/02/2026 > wheeling-nippon-promotes-reder-to-coo-petrella-to-commercial-vp

Wheeling-Nippon promotes Reder to COO, Petrella to commercial VP

1+ mon, 1+ week ago   (396+ words) Written by Laura Miller Wheeling-Nippon Steel Inc. announced on LinkedIn a series of promotions across the West Virginia-based company. William Reder was promoted to chief operating officer. Reder has served as Wheeling-Nippon’s VP of commercial for a decade, the company…...

Steel Market Update
steelmarketupdate.com > 06/18/2026 > final-thoughts-two-for-one

Final Thoughts: Two for one

1+ mon, 3+ week ago   (623+ words) Written by David Schollaert We’re just in the early stages of summer, but before you know it, the dog days will be in full effect, and we’ll be just weeks away from the flat-rolled steel industry descending on Atlanta. More…...

Steel Market Update
steelmarketupdate.com > 05/22/2026 > amu-automakers-step-back-from-evs-in-favor-of-hybrids-gas-powered-vehicles

AMU: Automakers step back from EVs in favor of hybrids, gas-powered vehicles

2+ mon, 3+ week ago   (536+ words) Written by Stephanie Ritenbaugh Honda is restructuring its automobile business, discontinuing the launch of three electric vehicle models in North America, and focusing on hybrid models as EV demand has not met forecasts. Toshihiro Mibe, Honda’s president and CEO, said…...

Steel Market Update
steelmarketupdate.com > 03/25/2026 > n-american-auto-assemblies-rose-in-february

N. American auto assemblies rose in February

4+ mon, 2+ week ago   (935+ words) Written by David Schollaert North American auto assemblies gained ground in February, rising more than 8% vs. January, but still down more than 4% year on year (y/y), according to GlobalData. After repeated seasonal declines to close out 2025, assembly numbers rallied through…...

Steel Market Update
steelmarketupdate.com > 02/03/2026 > gm-canada-lays-off-500-workers-at-ontario-plant

GM Canada lays off ~500 workers at Ontario plant

6+ mon, 1+ week ago   (423+ words) Written by Ethan Bernard General Motors Canada has laid off ~500 workers at its assembly plant in Oshawa, Ontario. The cuts followed the plant moving from three production shifts to two as of Monday, Feb. 2. Unifor, a Canadian union representing auto…...