Flat-Rolled Survey Results
Steel Market Update surveys thousands of steel executives every other week to deliver real-time flat-rolled insights, revealing on-the-ground perspectives.
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Through our exclusive, invitation-only surveys, we capture feedback from key decision-makers in manufacturing, distribution, and the ferrous scrap markets. The result is valuable, actionable intelligence that keeps you informed and ahead in a fast-moving industry
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Latest news
Canadian PM releases measures to protect steel, including derivatives tariff
Canadian Prime Minister Mark Carney announced new measures on Wednesday to strengthen the country’s domestic steel industry, which include a tariff on some downstream steel-intensive goods.
SMU Survey: Current, Future Sentiment Indices log increases
SMU’s Current Steel Buyers’ Sentiment Index improved this week as Future Sentiment inched up as well, according to our most recent survey data.
Price gap between US HRC, imports narrows again
The price gap between stateside hot band and landed offshore product tightened further this week, as the average price for domestic hot-rolled was $10/st higher w/w.
US and Canadian rig counts fall back
US and Canadian rig counts both declined this week, according to the latest Baker Hughes data released on Wednesday, Nov. 26.
Algoma’s Garcia named ‘CEO of the Year’ by The Globe and Mail
Algoma Steel CEO Michael Garcia has been recognized by Canada’s The Globe and Mail newspaper as “CEO of the Year: Corporate Citizen.”
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.
Final Thoughts
You might be looking forward to some Black Friday deals. But I wouldn’t expect many, at least when it comes to flat-rolled steel.
SMU Survey: Lead times extend across the board
Steel mill lead times extended this week on all sheet and plate products tracked, according to responses from SMU’s latest market survey.
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