SMU surveys key data providers each month to gather the latest information on steel sheet and plate inventories.
Flat-Rolled Lead Times
Active steel buyers provide sheet and plate mill lead times. Members can track pricing trends and explore historical data.
Steel Buyers’ Sentiment
Track how steel buyers and sellers feel about their company’s prospects today and in the next 3-6 months.
Mill Spot Price Negotiations
We survey active steel buyers on pricing plans for domestic sheet and plate; results reveal shifting spot trends.
Mill Order Index
Monitor service center purchasing with our inventory-based insight into demand momentum and lead-time trends.
Steel Demand Index
Derived from the market surveys SMU conducts every other week, the Steel Demand Index is a diffusion index and a statistical tool to measure the breadth of change across our overall demand data series. It effectively helps identify widespread demand trends or turning points. An index score above 50 indicates components are increasing more than […]
Latest news
Nucor holds spot HR price at $1,130/ton
Nucor held its consumer spot price (CSP) for hot-rolled (HR) coil at $1,130 per short ton (st) for the week of June 29. The sideways move is the first of its kind since Jan. 21.
Leibowitz: From pig iron to tech, Section 301 threatens another trade shakeup
As all these initiatives unfold, one is left with the feeling that disruption of the global order is their primary purpose. As the old order is destroyed, it is time to think carefully about what will take its place.
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.








