Market Data
September 17, 2024
August service center shipments and inventories report
Written by David Schollaert
Flat rolled = 66.3 shipping days of supply
Plate = 57.0 shipping days of supply
Market Data
September 17, 2024
Written by David Schollaert
Flat rolled = 66.3 shipping days of supply
Plate = 57.0 shipping days of supply
Domestic raw steel output declined last week, after seeing continued swings over the past several weeks, according to the latest American Iron and Steel Institute (AISI) figures.
Nucor's consumer spot price for hot-rolled increased by $10/st w/w on Monday, Oct. 5 to $1,230 per short ton.
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’s Current Steel Buyers’ Sentiment Index fell this week, while Future Sentiment remained flat, according to our latest market survey.
The results of the latest Steel Market Update (SMU) flat-rolled market survey are now available on our website to all premium members.