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Latest news
SMU Survey: Steel Buyers’ Sentiment Indices stay optimistic
Both Steel Buyers’ Sentiment Indices continue to indicate that steel buyers are confident in their companies’ prospects today, as well as in the months ahead.
FGM streamlines operations under one brand
Flack Global Metals (FGM) has consolidated Pacesetter Steel Service under the FGM brand, finalizing the group’s formal transition, the company said on Friday.
Hybar expansion accelerates with groundbreaking of second Arkansas mill
Hybar LLC broke ground Friday on its second rebar mill in Osceola, Ark., accelerating one of the fastest expansion runs the US long-products sector has seen in years.
CMC’s profits soar in fiscal third quarter
CMC’s profits more than doubled in its fiscal third quarter.
Reminder: SMU’s Final Thoughts has moved to a dedicated Friday edition
Starting on June 26, SMU’s Final Thoughts will become a standalone article delivered on Fridays, creating a dedicated space for thought leadership and market analysis from our experts.
Sheet buyers say high prices, tight supplies could invite imports
Some hot-rolled coil buyers expect continued incremental price increases from domestic mills. Others expect steeper increases, even if it risks inviting imports.
AMU LME checkpoint: Prices retreat while warehouse stocks remain low
The London Metal Exchange (LME) cash aluminum settlement price fell 12% between June 2 and June 18 after reaching its highest level in more than four years, while the US Midwest Premium moved lower from record highs established in late May.
Oil and gas drilling expands in US and Canada
Drilling activity accelerated this week in both the US and Canada, according to recently released rig count figures from Baker Hughes.









