SMU Data and Models
Don’t Just Read SMU’s Steel Data, Help Shape it - Join our Survey!
Written by Brett Linton
January 31, 2022
SMU continues to hear that domestic HR prices are moving lower, in particular for large orders. Are mills trying to keep lead times above three weeks, are we going back to a cost plus model on the EAF side, or is it something else entirely?
This isn’t 2008-09 or even 2014-15. The music hasn’t stopped on demand. But new capacity is slowly but surely coming online amid high inventories and import volumes. The big question is how far do prices fall and how long does that fall take.
How do things look from your company’s perspective? Make sure your voice is heard by participating our survey. Contact Brett@SteelMarketUpdate.com for more information.
Brett Linton
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SMU market survey results now available
The latest SMU market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Historical survey results are also available under that selection. If you need help accessing the survey results, or if your […]