Latest Newsletter
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SMU Price Ranges & Indices: Spread Tightens
Flat rolled steel prices continue to be firm as supply issues haunt the northern steel mills and lead times remain extended at most mills throughou.... More »»
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ArcelorMittal Calls for Enactment of the Water Resources Development Act
The enormous undertaking by the US and Canadian Coast Guard to clear the Great Lakes of ice this year underscores.... More »»
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Wholesalers Report Growing Optimism While Trucking Problems Persist
Earlier today, Steel Market Update (SMU) participated in the monthly galvanized steel with members of HARDI..... More »»
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AK Steel Sees Industry Playing Catch Up Throughout the Summer
AK Steel reported a net loss of $86.1 million in the first quarter of 2014, compared to a net income of $35.2 million in the previous quarter. Net .... More »»
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April Imported Steel Projection Still Above 3.5 Million Tons
Foreign steel imports, for the month of April 2014 are projected by Steel Market Update to exceed 3.5 million net tons. Based on preliminary licens.... More »»
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US Vehicle Sales and NAFTA Vehicle Production in March 2014
Light vehicle sales in the US rebounded strongly in March as the weather improved in the North and automakers increased incentives to reduce excess.... More »»
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Business Outlook is Steady for PMA Companies
Business conditions will remain steady for the next three months said metalforming companies in the April 2014 Precision Metalforming Association (.... More »»
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Weekly Raw Steel Production Improves
For the week ending April 19, 2014, the American Iron & Steel Institute (AISI) reported that the U.S. steel industry produced 1,808,000 net ton.... More »»
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Global Steel Production and Capacity Utilization, March 2014
Production in March was at an all-time high of 141.3 million tonnes and increase of 15.4 million tonnes from February. This jump has become normal .... More »»
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Chinese Economic Statistics in Q1 2014
Chinese statistical data is always questioned for a number of reasons, not least is, “Is the data politically motivated.” Other suspicions aris.... More »»
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Oil and Gas Prices and Rotary Rig Counts
This month (April 2014) the EIA (U.S. Energy Information Administration) released its report on petroleum reserves for 2012. Proved reserves are es.... More »»
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HARDI/ITR Construction Forecast (Part 1)
Steel Market Update is a member of an association connected to the construction industry called HARDI. HARDI stands for Heating, Air-conditioning &.... More »»
Products & Services
To your left is a demonstration of the Steel Market Update Interactive Graphing Tool which can be found in the Pricing section of our website. Using the Interactive Graphing Tool, Members are able to view current and historical market pricing for hot rolled, cold rolled, galvanized, Galvalume, #1 heavy metal scrap, shredded scrap, and #1 busheling scrap.
Not only will your Membership allow you to view current real time prices, but as a member you can also view weekly, monthly, and yearly averages. Our Interactive Graphing Tool will even enable you to compare value averages and products side by side.
Scroll over the graph to see individual data points. You can control what products are shown by clicking on the colored dots next to the product names. At the top of the graph you can drag the bars in order to view the data for a specific time period.
Our members (including free trial members) will be able to access the data in both table and graph format.
(Note: the public graph is intended to give users an understanding of the capabilities of our Interactive Graphing Tool. It does not show current pricing)
Steel Market Update is North America's leading source for flat rolled steel market news and price information. The SMU newsletter is our flagship product and service. Steel Market Update subscribers benefit from weekly insights into key market indicators and real time pricing. Hot rolled, cold rolled, galvanized, galvalume, and scrap are continuously tracked and analyzed by our experienced industry experts.
| Three Unique Newsletters | ||
|---|---|---|
| Monthly (Monthly Membership Level) | Executive (Executive Membership Level) | Premium (Premium Membership Level) |
|
For the busy executive – A monthly synopsis of the most important price, market and news items from the past month as well as keys to watch in the upcoming month. |
Produced three times per week with current pricing, important market trends, news and analysis. This is our traditional SMU newsletter experience with new value added features and access to expanded data within our website |
Building off our Executive newsletter, Premium subscribers receive additional access to SMU new website and proprietary survey, economic and industry related data and analysis. |
Let Steel Market Update help you achieve your marketing goals, and increase traffic to your business website. Steel Market Update is read by thousands of flat rolled steel professionals each week, and our website generates over 20,000 unique visits per month. Advertise with SMU and gain effective exposure to your target market! There are three methods of advertising with Steel Market Update:
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For more information on advertising with us, click on the button below, watch our video, and if you are ready, download our media kit.
SMU is excited to announce our new learning center. We are now providing a variety of educational resources from webinars to e-learning modules.
SMU has always been committed to educating our community and empowering members with valuable resources and tools.
The Price Estimator allows you to calculate the "average" prime price for any specific gauge, width, quality and coating weight. This includes hot rolled, cold rolled, galvanized and Galvalume steel. The SMU Price Estimator uses our spot price assessments to determine the average base price for each flat rolled steel product . We then add the domestic mill extras for thickness, width, quality and coating when applicable. You can click on the link below or on the Estimator tab at the top of each page to get to test the Price Estimator which is free to the public.
- One of a kind steel industry training
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- Expert insight into market fundamentals from experienced steel professionals
- Understand how to effectively protect your inventory
- Learn how steel hedging works
- Learn the fundamentals of the futures market
- And much more
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Steel Market Update is proud to be the leader in steel market education and training. We offer a variety of engaging workshops that provide attendees with the knowledge and skills necessary in today's competitive steel market.
Our workshops and conferences are offered across the country and are facilitated by industry experts. For workshop details and registration, see our featured event below.
Hot Rolled Futures
| NYMEX Hot Rolled Coil Futures April 22 (final) 2014 | |||
|---|---|---|---|
| Date | Latest | Change | Previous |
| 2014 | |||
| Apr | 656 | 0 | 656 |
| May | 682 | 0 | 682 |
| June | 680 | 0 | 680 |
| July | 648 | -6 | 654 |
| Aug | 636 | 0 | 636 |
| Sept | 636 | 0 | 636 |
| Oct | 634 | -1 | 635 |
| Nov | 634 | -1 | 635 |
| Dec | 634 | -1 | 635 |
| 2015 | |||
| Jan | 632 | -3 | 635 |
| Feb | 632 | -3 | 635 |
| Mar | 632 | -3 | 635 |
| Apr | 632 | -3 | 635 |
| May | 632 | -3 | 635 |
| Jun | 632 | -3 | 635 |
| July | 632 | -3 | 635 |
| Aug | 632 | -3 | 635 |
| Click here for more information regarding hot rolled steel futures | |||
BUS Scrap Futures
| NYMEX #1 Busheling Scrap Futures April 22 (final) 2014 | |||
|---|---|---|---|
| Date | Latest | Change | Previous |
| 2014 | |||
| Apr | 399.69 | 0 | 399.69 |
| May | 403 | 0 | 403 |
| June | 401 | 0 | 401 |
| July | 399 | 0 | 399 |
| Aug | 398 | 0 | 398 |
| Sept | 398 | 0 | 398 |
| Oct | 398 | 0 | 398 |
| Nov | 398 | 0 | 398 |
| Dec | 398 | 0 | 398 |
| 2015 | |||
| Jan | 400 | 0 | 400 |
| Feb | 400 | 0 | 400 |
| Mar | 400 | 0 | 400 |
| Apr | 400 | 0 | 400 |
| May | 400 | 0 | 400 |
| Jun | 400 | 0 | 400 |
| July | 400 | 0 | 400 |
| Aug | 400 | 0 | 400 |
| Click here for more information regarding busheling scrap futures | |||
