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Latest news
Rig counts move higher in US and Canada, led by oil drilling
The US and Canadian rig counts moved higher as oil and gas drilling picked up in the week ending May 29, according to the latest report from Baker Hughes.
SMU Survey: Current, Future Sentiment Indices slip
SMU’s Steel Buyers’ Sentiment Indices edged down this week, according to our most recent survey data.
CRU: How a ‘Super El Niño’ could impact the world economy
There is increasing evidence that the current La Niña weather phenomenon is coming to an end, and that we are quickly moving into an El Niño cycle already in the next few months.
SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members.
Pig iron import market prices keep climbing
The pig iron import market in the US continues its upward price movement.
Final Thoughts: Steel Summit 2026, we’ve got you covered
Someone emailed me today to ask the likelihood that Section 232 steel tariffs on Canada and Mexico would be reduced. Unfortunately, that’s way above my paygrade. However, it does highlight a great reason to attend Steel Summit 2026 in August.
SMU Survey: Sheet and plate lead times hold at extended levels
Steel mill lead times remain at or near multi-year highs for all sheet and plate products.
American Axle Workers prepare for potential strike on Sunday
American Axle Workers prepare for strike on Sunday









