Steel Market Update Newsletter Covers Flat Rolled Steel Pricing, News, & Analysis
In the latest Steel Market Update newsletter sent out last night to all our trial and annual members, we included articles discussing the current conditions and prices in the flat rolled steel market. One article in particular covered the important aspect of price ranges and indexes for galvanized, Galvalume, cold rolled, and hot rolled steel. SMU’s prices are based on the current North American steel market and give our readers the chance to see trends in pricing and lead times for these products.
Another mill has recently advised us of their price increases on all flat rolled products and their intent to adjust their coating extras. SMU feels information like this helps those in the steel market to stay informed and ahead of the marketplace. We have included a chart showing the new base prices, price adjustments, and the increase amount to clearly explain the difference.
Steel Market Update covers scrap pricing in our newsletter three times per week, addressing the direction of scrap prices for the future as well as current conditions in the scrap market. Our latest article includes comments from scrap dealers on what to expect for scrap prices and demand in January.
We write about world steel production every month to give an international view on the steel market. Our analysis helps show which markets are increasing/decreasing their steel production. We also cover weekly estimated U.S. raw steel production, broken down into regions.
Our article gives a chart to help show the trend of production and how it compares with past weeks. Galvalume buyers are surprised by the lack of changes in coating extras for this market, which is written about in our articles. With mills changing coating extras for many other products, we included feedback from Galvalume steel buyers on their view of Galvalume extras.
If you would like to read more about our steel news, analyses, and pricing, please check out our free trials by clicking the button below. Go ahead and become a full-time member by subscribing to SMU today. Once you choose a membership or free trial, you will have access to all our current and archiived newsletters.