Analysis
December 21, 2018
Written by John Packard
Tomorrow night is Christmas Eve and so I am not going to spend a lot of time talking about the steel industry. My words tonight are aimed at the heart as I wish each of you a wonderful holiday and a happy, healthy New Year.
From all of us here at Steel Market Update.
John Packard, President & CEO
Anyone standing near the Sheraton Grand at Wild Horse Pass in Phoenix, Az undoubtedly felt a kinetic charge this week. Professionals from coast-to-coast convened in the posh desert oasis for the Association of Women in the Metals Industry (AMWI) 2025 conference. Amidst the metals crowd were those leading teams and organizations through the heat of the 2025 moment.
SMU’s Current and Future Sentiment Indices for scrap decreased this month, based on the latest data from our ferrous scrap survey.
A sampling of SMU scrap survey respondent answers from November.
US steel mills have received a boost from lower import levels because of sweeping tariffs this year. However, demand remained moderate in most sectors, aside from data center construction, after the summer.
AMU's latest survey of aluminum market participants shows widening gaps in lead times, with extrusions lengthening dramatically.