Analysis
October 26, 2025
Written by Ethan Bernard
While you might not see it covered in the mainstream news, SMU has uncovered long-unseen historical documents in our archives.
Perhaps they won’t prove to be the missing link in solving any conspiracy theory, but we think they are pretty cool. OK, they weren’t so much uncovered as SMU veteran Brett Linton found them while cleaning out his desk. I’m sure we are all familiar with that process. You never know what you might find.
The US Department of Commerce has preliminarily determined that critical circumstances exist in the countervailing duty (CVD) investigation of imports of large-diameter graphite electrodes (LDGEs) from China.
SMU’s Steel Demand Index rose to 69.5 in mid-September, its highest reading in more than five years.
SMU’s Mill Order Index (MOI) accelerated in August for a fourth consecutive month, reaching its strongest reading in nearly five years.
Worthington Enterprises reported higher fiscal first-quarter sales and earnings while citing rapidly growing data center demand and continued tightness in the steel market.
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.