Analysis

November 7, 2013
Final Thoughts
Written by John Packard
Content to go here…
Analysis

November 7, 2013
Written by John Packard
Content to go here…
We look at how SMU survey respondents are seeing the effects of Trump's tariffs and the Iran war on business.
Sheet prices continue to rise in a market that remains characterized by extremely limited spot availability, solid demand, long lead times, and the lowest sheet inventories since May 2021.
SMU spoke with several market players around the country regarding the ferrous scrap market in June, with many sources seeing next month as broadly sideways.
Trading-company sentiment in the May 15 SMU flat-rolled steel buyers survey shows a market split between anecdotal optimism and numerical decline.
The Commerce Department's International Trade Administration recently concluded several administrative reviews of the anti-dumping and countervailing duties (AD/CVDs) on various steel imports. The reviews resulted in the following duty adjustments.