Steel Market Update came across a letter from Severstal detailing a price change for their flat rolled steel products. Since this price change has been announced, there has been a rolling discussion between steel mills and pricing within the greater steel community. SMU has been fortunate enough to facilitate that conversation and provide the details to our free trial and annual members in SMU’s latest newsletter. Sunday night’s newsletter provides the differing opinions from various service centers and manufacturers on price changes and what it means for their flat line prices.

While SMU covers all pricing announcements from domestic mills, we also present updates on mill capacity and production levels. One such article we provided Sunday gives details on RG Steel Warren’s “break-out” at its blast furnace. What does this accident mean for the company’s production levels and delivery times – find out by reading our newsletter.

Twice a month, SMU conducts a survey where we invite approximately 720 companies involved in the flat rolled steel business to participate in answering questions about the steel industry. In particular, SMU intentionally concentrates our attention on two main steel using segments of the industry: manufacturers and service center/wholesalers, which allows us to look at inventory buying patterns for both types of companies. The latest survey article provides an interesting trend in inventory levels, which SMU explains with charts and graphs to visually show the pattern.

If you would like to read more of SMU’s newsletter, including spot prices, flat rolled price indexes, iron ore pricing, etc. please click on the free trial button below. To become an annual member, click on the ‘subscribe’ button below. Please contact us at 1.800.432.3475 or email info@steelmarketupdate.com for more information.