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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Latest news
SMU Survey: Steel Buyer Sentiment Indices remain strongly optimistic
SMU’s Steel Buyers’ Sentiment Indices have been historically strong for several months, indicating that buyers are confident in their companies’ prospects today and in the coming months.
Steel import licenses rebound in July after June decline
Licenses to import steel into the US surged in July to the highest level since June 2025, according to recently released US Commerce Department data. Final June figures show a 3.8% month-on-month decline, while July licenses show a 9% recovery.
That’s a wrap! A look back at the August scrap settlement
After a brief delay in regional scrap buying, things are now virtually complete. There was some suspense during the middle of the week that a surprise in scrap prices from the larger mills was in store. Ultimately, however, nothing very dramatic happened.
AMU: Daimler closure, International sale reshape truck manufacturing
The announcements affect two established US commercial vehicle production sites.
US rig count holds at multi-month high, Canada’s slips
Baker Hughes’ latest data shows US oil and gas drilling activity was steady this week at a multi-year high, while activity slowed slightly in Canada.
HR sources stress a spot(less) market
Recent conversations with some hot-rolled coil spot market participants revealed spiking stress levels amidst a tightening supply of the steel sheet product.
USW bargaining committee prepares for capex talks with Cliffs
Cleveland-Cliffs (Cliffs) and the United Steelworkers (USW) labor union plan to discuss capital expenditures (capex) as part of their ongoing master contract negotiations.
Great Lakes ore shipments flat in July
The US-flag Lake Carriers Association reported steady iron ore trade on the Great Lakes in July.
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