On Monday we will begin our next flat rolled steel market analysis. We will be sending out approximately 600 invitations to participate in our survey. If you receive an invitation please click on the link contained in the message and spend a few minutes responding to our inquiries.
The ArcelorMittal Cleveland C-5 blast furnace is supposed to come back online this week. We also expect to see improvements out of Great Lakes as their steelmaking operations started up on Tuesday of this past week. It normally takes anywhere from a few days to up to a couple of weeks to get furnaces and the BOP back up and running efficiently.
I want to welcome our newest members. We encourage questions, comments or suggestions either about content in our newsletters or on our website. We can be reached at: info@SteelMarketUpdate.com or by phone at 800-432-3475.
As always your business is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
John PackardRead more from John Packard
Latest in Final Thoughts
A big "thank you" to Wolfe Research and Timna Tanners for organizing a lunch in today in Chicago with a group of steel industry participants and investors.
Sheet prices fell again this week, this time not on fears of a United Auto Workers (UAW) union strike but on the actual thing.
The United Auto Workers (UAW) strike that started Friday leaves the Detroit 3 automakers—and it’s union-represented workers—in uncharted territory.
SMU Managing Editor Michael Cowden shares his Final Thoughts for the week on what happens to steel if the United Auto Workers (UAW) launch a series of “stand up” strikes at midnight tonight against Ford, General Motors, and Stellantis?
Sheet prices have fallen to their lowest point of the year - just below $700 per ton ($35 per cwt) when it comes to hot-rolled coil (HRC).