Steel Products
Final Thoughts
Written by John Packard
February 11, 2013
We have room for one (1) more person in our next Steel 101 workshop which will be held in the Columbus, Mississippi area (Starkville, MS) and include a tour of the Severstal Columbus steel mill. We will close registration on Wednesday of this week.
You will note our new banner ad at the top of the newsletter – we have a couple of openings as we move into the month of March. We had been holding back on our advertising not knowing exactly when our new website (and newsletter format) were going to be ready. It appears that will be a little later in the spring so if you would like to reach your target audience (flat rolled steel in North America) – this is the place to do it. You can get information by clicking on the link in the ad or by requesting information from Info@SteelMarketUpdate.com
You will hear us speaking – a lot – about our new website in the days and weeks ahead. That is because just about everyone at SMU is now wearing two hats and doing two jobs – one for the newsletter and one for development of the website. Please bear with us as we go through this process – it is a lot of work, both creative and functional. We will try to give you an occasional glimpse of our efforts as soon as we can.
As always your business is truly appreciated.
John Packard
Read more from John PackardLatest in Steel Products
SMU price ranges: Steady market ahead of Thanksgiving
SMU's price indices saw minor fluctuations on sheet products this week, while our plate and Galvalume indices held steady.
Plate report: Prices holding at new lows
US plate prices are at their lowest level in nearly four years and mills continue to do what they can to limit the bleeding. Domestic prices are now just a fraction of their all-time high of $1,940 per short ton (st) reached in May 2022, and trending lower.
SMU Steel Demand Index rallies
Steel Market Update’s Steel Demand Index recovered by nearly 10 points last week, though it still remains in contraction territory.
Nucor keeps HR base price steady to end November
Nucor is holding its hot-rolled (HR) coil base price flat at $750/st for the third week in a row.
Domestic CRC prices edge up, import tags mixed
The price spread between US-produced cold-rolled (CR) coil and offshore products on a landed basis widened slightly in the week ended Nov. 22.