SMU Data and Models

Survey Results Available
Written by John Packard
January 13, 2014
Last week Steel Market Update conducted our first flat rolled steel market analysis (survey). Invitations were sent by email to approximately 600 companies. We received responses from 120 companies out of which 45 percent were service centers, 42 percent were manufacturing companies, 5 percent trading companies, 5 percent steel mills, 2 percent toll processors and 1 percent were suppliers to the steel industry (usually paint or chemical companies).
You can access the survey results on our website. You will need to log into the website and then go to the “Analysis” tab where you will find a sub-menu where you can access the SMU Survey Results. The results are in a Power Point pdf format so you will need Adobe to read the file.

John Packard
Read more from John PackardLatest in SMU Data and Models

August service center shipments and inventories report
US service centers flat-rolled steel supply in August declined month-over-month (m/m) and year-over-year (y/y), according to SMU data.

Apparent steel supply remains elevated in July
Apparent supply totaled 8.88 million short tons (st) in July, down 38,000 st from June and 6% higher than the same month last year

HRC vs. prime scrap spread narrows slightly
The price spread between prime scrap and hot-rolled coil (HRC) narrowed by a hair this month, according to SMU’s most recent pricing data.

SMU Scrap Survey: Current Sentiment rises as Future Sentiment falls
SMU’s current Scrap sentiment index increased this month while future sentiment declined, according to our latest ferrous scrap survey data.

SMU scrap market survey results now available
SMU’s September ferrous scrap market survey results are now available on our website to all premium members.