Market Data
May 30, 2023
More Domestic Electrical Steel Output Needed: Trade Groups
Trade organizations along the electrical steel value chain are urging President Biden to increase domestic production of the products.
Latest in Market Data
Drilling activity eases in the US, moves higher in Canada
The latest tally of active drilling rigs increased in Canada while slightly easing in the US this week, according to oil and gas rig count data published by Baker Hughes.
SMU Survey: Current Buyers’ Sentiment Index declines, Future Sentiment flat
SMU’s Current Steel Buyers’ Sentiment Index fell this week, while Future Sentiment remained flat, according to our latest market survey.
SMU flat-rolled market survey results now available
The results of the latest Steel Market Update (SMU) flat-rolled market survey are now available on our website to all premium members.
Chicago Business Barometer back to growth in September
The Chicago Business Barometer rebounded in September, returning to expansion after slipping into contraction in August.
SMU Survey: Mill lead times stretch further, plate reaches record high
Steel mill lead times continued to expand for sheet and plate products this week, according to buyers responding to our latest market survey.