Steel Market Update Discusses Flat Rolled Steel, Index Prices, Imports, etc.
In the latest issue of Steel Market Update’s newsletter published on Sunday evening and sent by email to our annual members and trial members are articles about the most recent flat rolled prices increases - one article highlights the recent pricing move by California Steel Industries.
In our most recent issue SMU included a full review of flat rolled steel imports which includes hot rolled, cold rolled, galvanized and Galvalume steels. We also include our own charts and graphs to help explain import trends and their impact on the steel market.
On Sunday evening our SMU newsletter publishes our Comparison Price Index chart as we evaluate and compare a number of industry indexes as a way of improving our overall vision on the market and flat rolled pricing trends.
Last week Severstal NA filed suit against RG Steel. This is the second suit between the two companies both related to the purchase of assets by RG Steel from Severstal. Our article references court documents and explains what the new lawsuit is all about.
Mill shipments are important to determine the growth of our economy and within the steel industry. SMU gives shipment rates broken down by year and by month as well as estimates for the future. Monthly shipment s are further broken down by product, such as hot rolled, cold rolled and coated flat rolled steels.
Every Sunday evening Steel Market Update produces articles regarding spot iron ore prices out of China and we follow the number of oil rigs both in the United States as well as Canada.
SMU provides our readers a list of news, economic data, etc. that will be of interest to those within the flat rolled steel industry this week.
Later this week, Steel Market Update will be conducting our second steel market survey for the month of December. Our survey invitation is sent to just under 800 North American companies and the survey touches many of the key items of concern for those buying and selling steel in North America.
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