Steel Products
Volume 1, #1 of SMU Monthly to be Published on Monday
Written by Diana Packard
August 4, 2013
Written by: John Packard
Steel Market Update is bringing online a new website with the next few weeks. Our first website took approximately a month to build back in the summer of 2008. Almost as soon as it came online we realized it was underpowered for what we were trying to achieve for our readers as well as those coming to us through the Web. Our second website took almost a year to build and it has lasted for a few years but, like the first website it is underpowered for our current needs.
The new website, by the time it finally comes online, will have been under development and construction over the past two years. It would still be another year from completion if I didn’t have John Temples and Brett Linton on our staff who have been able to spearhead the final push of getting the website populated with both the old and new content.
You have already heard us speak about the three products we anticipate coming online with when the new site comes up. One of those products will be a Monthly newsletter. The Monthly issue will be published after the conclusion of every month and will detail the month’s price cycle(s), trends and important issues and news for the month. The target audience are those who are unable to keep up with daily or three times per week publications but want information about the flat rolled markets in a condensed and concise format.
Volume 1, Issue #1 of our Monthly newsletter will be published on Monday. We consider it to be a work in progress so the first issue will be free and you will receive a copy. We encourage comments and suggestions as we strive to make our Monthly addition of value to those who are not yet SMU member companies.
Diana Packard
Read more from Diana PackardLatest in Steel Products

US rig count slips, Canada ticks higher
ncreases through September, according to the latest Baker Hughes rig count data.

CRU: EC to toughen steel safeguards
The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences. CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]

US and Canadian rig counts stabilize
US counts continue to hover just above historic lows, while Canadian figures remain comparatively healthy.

Plate market sources critique mill hikes amid current market conditions
Following spot market plate price increase notices issued by domestic mills this past week, participants are contemplating the rationale behind the increases and whether they will stick. Some sources anticipate that current market conditions will shift in November and believe the increases may set a new "pricing floor."

Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.