Analysis
August 13, 2026
SMU Survey: Competitive imports, steady inventories, firm pricing
Written by Laura Miller
Foreign steel remains sharply competitive, inventory levels are mostly steady, and demand is strengthening, according to our Aug. 7 flat-rolled steel buyers’ survey. But buyers are more selective than earlier in the year, even as pricing momentum continues to push spot levels higher.
Most manufacturers and service centers responding to the survey said offshore mills are quoting competitive numbers for forward delivery (Slide 52 below). Manufacturers reported 82% yes. Service centers were at 83% yes, one of the strongest readings they’ve given in some time.
