Product
February 1, 2013
Ferrous Scrap Exports – January through November 2012
Written by John Packard
Latest in Product
Sheet market expects broad price stability and ‘hot’ HR demand
Some domestic hot-rolled (HR) coil market participants say they expect prices remain stable through the end of 2026. Asked why prices would hold and not slip, sources said they anticipate mills won’t suddenly have much more capacity for spot orders. They also noted that the annual summer doldrums haven’t sent demand into a precipitous decline. They contend that most in the steel industry expected […]
Plate market remains mixed on whether market will accept mill hikes
On the heels of SSAB’s price hike, further domestic mill increases to spot market plate seem inevitable to some participants but unlikely to others.
Rig count reaches 14-month high in US, falls again in Canada
The latest data from Baker Hughes show that oil and gas drilling in the US was steady last week, while it tapered off further in Canada.
Join SMU for a Community Chat with Barry Zekelman on Wednesday!
Barry Zekelman, executive chairman and CEO of Zekelman Industries, will be the featured guest on our next Community Chat on Wednesday, July 15, at 11 am ET.
SMU Survey: Continued optimism in Buyer Sentiment Indices
SMU’s Steel Buyers’ Sentiment Indices were once again strongly optimistic this week, based on responses collected from steel executives in our latest market survey.