Steel Blog

This will be the third year Steel Market Update will hold our Steel Summit conference in conjunction with METALCON. This year our conference will be held at the Embassy Suites O’Hare Hotel in Rosemont, IL which is located across the street from the Rosemont Convention Center home of this year’s METALCON show. We will once again hold our conference on Monday, October 8th which is the day prior to the opening of METALCON.

Published in Blog

August Steel Imports Drop 10.9%

Wednesday, 26 September 2012 16:36

According to the latest AIIS report, steel imports dropped 10.9% from July to August to 2.474 million tons. Compared to August 2011, imports

Published in Blog

The S&P/Case-Shiller Home Price Indices indicate average home prices increased for the 3rd consecutive month, up 1.5% in July for the 10-City Composite and

Published in Blog

Texas manufacturing activity increased in September, according to the latest Texas Manufacturing Outlook Survey. The general business activity index increased m-o-m but still remained in negative territory with an index of -0.9.

Published in Blog

SMU's Steel 101 Workshop A Success

Monday, 24 September 2012 10:32

We had an excellent group from around the country in our most recent Steel 101: Introduction to Steelmaking & Market Fundamentals workshop which was held in Ontario, California. California Steel

Published in Blog

Written by: Gary Roberts, ISM Steel Forum

From time to time, you may see mention of data reporting or meetings hosted by the Institute of Supply Management Steel Buyers Forum. We are excited to announce that this year the membership of the Steel Buyers Forum will be attending and sponsoring SMU’s 3rd Annual Steel Summit, held in conjunction with METALCON in Rosemont, Illinois.

Published in Blog

HR Futures Find Support as Volume Surges

Friday, 21 September 2012 07:59

Written by: Bradley Clark, Director of Steel Trading, Kataman Metals

Settlement prices this week on the CME U.S. Midwest Hot Rolled futures contract rose $5 per ton for the balance of 2012 and $5 per ton for January through June 2013 amid a surge of volume.

Published in Blog

Steel Market Update (SMU) Steel Buyers Sentiment Index was measured at +14 down 5 points from the last measurement made during the first week of September. The newest reading is the lowest level of the year

Published in Blog

ArcelorMittal announced its plan to invest $50 million in the company’s coke operations in Monessen, Pa with hopes of upgrading and then restarting coke production at the facility. The facility has been idled

Published in Blog

SSAB Announces Weak Third Quarter Results

Tuesday, 18 September 2012 14:16

SSAB announced weak third quarter 2012 earnings. SSAB expects an operating loss of approximately SEK -700 million for 3Q12.

Published in Blog
Page 1 of 3