Features
Holiday Notice: Happy Holidays from SMU!
Written by Brett Linton
December 24, 2024
The staff of Steel Market Update will be taking some time off for Christmas and the New Year holidays.
Our final issue of 2024 will be published on Sunday, Dec. 22. Our offices will be closed from Monday, Dec. 23 through Wednesday, Jan. 1.
We will resume our regular publication schedule on Thursday, Jan. 2, and will next update our price indices on Tuesday, Jan. 7.
While we are away, we will make every effort to report any breaking news in a timely manner.
From all of us at SMU, we truly appreciate your business and wish you and yours all the best this holiday season!
Brett Linton
Read more from Brett LintonLatest in Features
Final Thoughts
What the word "sideways" means can depend on where you sit on the procurement spectrum.
US steel imports declined again in July
Following January’s pre-tariff surge, imports have remained low since February compared to post-pandemic volumes
SMU’s July at a glance
SMU’s Monthly Review provides a summary of our key steel market metrics for the previous month, with the latest data updated through July 31.
SMU Survey: Mills maintain short lead times on sheet
Mill production times for sheet products are holding just above multi-year lows, while plate lead times remain elevated.
SMU Survey: Most buyers say mills are willing to talk price
Most steel buyers continue to report that mills are open to negotiating spot prices. Negotiation rates have remained high for most of the past three months.