Product
SMU Comparison Price Indices: Another Week of “Going Nowhere in the Hurry Blues”
Written by John Packard
March 11, 2013
With the exception of the CRU, all of the other indexes followed by Steel Market Update showed a change in the price direction on all of the flat rolled products followed by SMU. Steel Orbis and Platts both had items increase by as much as $20 per ton where SMU and CRU were a bit more muted which would be normal the week after a price increase announcement was made. SteelBenchmarker did not report new prices this past week

John Packard
Read more from John PackardLatest in Product
Nucor targets ‘white hot’ data center boom
With infrastructure demand shifting toward digital capacity, Nucor Corp. is positioning itself as the go-to steel supplier for the data center boom.
Drilling activity slows at October’s end in US and Canada
The latest Baker Hughes rig count report showed oil and gas drilling slowing in both the US and Canada last week.
Key takeaways from CRU’s US Ferroalloys Connections Summit
CRU analysts break down their top takeaways from CRU's 31st Annual Ferroalloys Connections Summit, held Oct. 19-21 in Miami.
SMU Survey: Mills less negotiable on spot prices
Most steel buyers responding to our market survey this week reported that domestic mills are considerably less willing to talk price on sheet and plate products than they were in recent weeks.
SMU Survey: Lead times tick higher
Steel mill lead times marginally extended for both sheet and plate products this week, according to responses from SMU’s latest market survey.
