Analysis
November 7, 2013
Final Thoughts
Written by John Packard
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Latest in Analysis
SMU Survey: Extended lead times persist on sheet and plate
Steel mill lead times have trended upward since last November and now stand at or near multi-year highs for all products.
Miller on Pig Iron: Brazilian trade with US picks up
The Brazilian pig iron trade with the US has resumed after a month of inactivity.
SMU Survey: Mill negotiability slips, sheet hits multi-year lows
The majority of steel buyers responding to our market survey this week report that mills are holding a firm grip on prices
SMA: Don’t panic – The USMCA clock has not run out
SMA's Philip K. Bell gives his perspective on the latest news regarding the USMCA review process.
SMU Price Ranges: Sheet prices rise to multiyear highs
Sheet prices continued to grind higher this week on factors familiar to most steel market participants: extremely limited spot availability, long lead times, low inventories, and firm demand.