Analysis
May 10, 2024
Final thoughts
Written by Laura Miller
What’s the tea in the steel industry this week?
Here’s the latest SMU gossip column! Just kidding… kind of.
Latest in Analysis
SMU Price Ranges: HR inches toward $1,300/t as spot squeeze continues
Sheet and plate prices continued to tick mostly higher this week amid a supply squeeze that shows no signs of loosening its grip on the US market.
Coming soon: SMU Daily Digest newsletters
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.
Scrap prices poised for October increase, or later?
The scrap market for October is looking for direction as some participants on both sides of the furnace are indicating scrap prices are poised for an increase.
SMU Survey: Tight US flat-rolled market boosts buyer interest in foreign steel
SMU’s latest Flat-Rolled Steel Buyers Survey shows that in a tight US market marked by long lead times, low inventories, and rising prices, foreign products continue to gain the interest of domestic buyers.
AISI: US production retreats after early September surge
Domestic raw steel output fell to a six-month low last week after hitting a multi-year high one week earlier, according to the latest American Iron and Steel Institute (AISI) figures.