Product
November 30, 2021
Written by Michael Cowden
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Steel imports into the US crept higher in August and continued climbing in September, according to the Department of Commerce's latest import license data.
SMU’s Current and Future Scrap Sentiment Indices were stable and trending up in October, according to the latest data from our ferrous scrap survey.
Earlier this week, SMU polled steel buyers on topics ranging from market prices, demand, and inventories to tariffs, imports, and evolving market events. Below, we share a selection of the comments we received, in each buyer’s own words.
The US Department of Commerce is considering raising the anti-dumping duties on imports of corrosion-resistant steel products (CORE) from Korea.
Ferrous scrap prices appear to be up in October as trading gets underway, according to preliminary reports from market sources.