• Skip to main content

    Market Data

    Trump reverses course on Colombia tariffs

    Written by Ethan Bernard


    The Trump administration has backed off tariffs on Colombia after the White House said the leader of the Latin American nation agreed to President Trump’s demands.

    “The Government of Colombia has agreed to President Trump’s terms, including the unrestricted acceptance of illegal aliens from Colombia returned from the United States… without limitation or delay,” according to a statement released by White House Press Secretary Karoline Leavitt on Sunday evening.

    Ethan Bernard

    Read more from Ethan Bernard

    Latest in Market Data

    SMU flat-rolled market survey results now available

    The results of the latest Steel Market Update (SMU) flat-rolled market survey are now available on our website to all premium members. After logging in, look under the Data tab for Market Reports, and there you will find the Flat-Rolled Survey Results section. Previous survey results are also available on that page. If you need help accessing these results, or if your company would like to have your voice heard in our future surveys, contact smu@crugroup.com.

    supply

    September service center shipments and inventories report

    US service centers’ flat-rolled steel supply increased marginally in September, gaining ground for only the second time all year. Shipping days of supply rose to 45.9 last month, according to SMU data. That figure marks a 3.7% increase from August. September’s result represents a modest gain after inventories hit a five-year low the previous month. But it’s nearly 16% below September 2025 levels. Sheet inventories have averaged ~45 shipping days of supply over the past six months. Flat-rolled inventories represented 2.18 months of supply in September, up 3.7% from August. However, the figure was 15.5% below September 2025. The month-on-month (m/m) gain in inventories resulted from a boost (+21.2%) in intake that was partially offset by a 5% increase in shipments.

    New York manufacturing activity reaches highest level since late 2021

    Manufacturing activity in New York State expanded sharply in October, according to the Federal Reserve Bank of New York's latest Empire State Manufacturing Survey. New orders, shipments, and unfilled orders rose, while delivery times lengthened and supply availability deteriorated further. The survey’s headline general business conditions index rose 18 points from September to 25.5 in October, the highest reading since December 2021. The new orders index climbed 21 points to 23.2, while shipments increased 16 points to 13.1. Unfilled orders also rose, with the index up eight points to 14.0. The delivery-times index reached 19.8, indicating significantly longer lead times.