SMU Data and Models
SMU market survey results now available
Written by David Schollaert
April 12, 2024
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 company would like to have your voice heard in our future surveys, contact david@steelmarketupdate.com.
David Schollaert
Read more from David SchollaertLatest in SMU Data and Models
SMU Survey: Lead times stabilize as tariff-induced buying slows
After a multi-week increase, buyers responding to our market survey this week reported that lead times are stabilizing or marginally declining for each of the sheet and plate products we track.
SMU Survey: Mills hold firm on price, little negotiation room for buyers
The majority of the steel buyers responding to our latest market survey continue to report that domestic mills remain firm on pricing, showing little willingness to talk price on new spot orders this week.
HRC vs. scrap spread widens over $150/ton in March
The HRC vs. prime scrap spread increased again in March.
Most steelmaking raw material costs rise further in March
Prices for five of the seven steelmaking raw materials tracked by SMU increased from February to March, according to our latest analysis.
SMU Survey: Buyers’ Sentiment Indices slip, but optimism remains
SMU’s Buyers’ Sentiment Indices both declined this week but remain strong. This indicates buyers are still optimistic about their companies' ability for success.