Analysis
January 7, 2022
Written by Michael Cowden
While some automakers think the chip shortage may be mostly behind them, others continue to struggle with supply-chain and labor issues – the latter stemming from a surge in COVID cases linked to the Omicron variant.
Here is where things stand with three of the largest automakers in North America.
The results of the latest Steel Market Update (SMU) flat-rolled market survey are now available on our website to all premium members.
This October, SMU is introducing a new way to keep you informed on the latest steel market news and insights: the Daily Digest. Beginning in mid-October, our new Daily Digest will replace the three newsletters currently delivered each week.
Steel mill lead times continued to expand for sheet and plate products this week, according to buyers responding to our latest market survey.
The overall mill negotiation rate ticked up slightly this week, but the overwhelming majority of buyers are still finding mills inflexible on price, according to our latest survey data.
The October market for domestic ferrous scrap is viewed with optimism mainly by participants on the selling side