Analysis
May 23, 2024
Written by Brett Linton
Steel Market Update will be taking time off in observance of Memorial Day. We will not publish our Executive issue on Sunday, May 26.
Our offices will be closed on Monday, May 27. We will resume our regular publication schedule on Tuesday, May 28. Our weekly pricing service will not be impacted.
SMU’s Current and Future Sentiment Indices for scrap decreased this month, based on the latest data from our ferrous scrap survey.
A sampling of SMU scrap survey respondent answers from November.
US steel mills have received a boost from lower import levels because of sweeping tariffs this year. However, demand remained moderate in most sectors, aside from data center construction, after the summer.
AMU's latest survey of aluminum market participants shows widening gaps in lead times, with extrusions lengthening dramatically.
SMU’s November ferrous scrap 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 “ferrous scrap survey” results. Past scrap survey results are also available under that selection. If you need help accessing the survey […]