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Beijing Bound: A Summit Freighted With Consequence
The Convergence of War and Electoral Arithmetic
A Debt Problem Too Large to Ignore
Key Highlights
Strong steel pricing, resilient domestic demand, and a recovering fabrication backlog powered Steel Dynamics to its most productive quarter in shipment history. Aluminum remains a work in progress, but the broader capital allocation story holds firm.
Key Highlights
Key Highlights
The Speed of Recovery Raises Questions
The Earnings Moment That Defines a Cycle
U.S. Customs and Border Protection activated Phase 1 of its consolidated refund system on April 20, 2026, opening the first formal channel for roughly 330,000 importers to recover duties paid under IEEPA tariffs ruled unlawful by the Supreme Court in February. Refunds are expected …
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