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
AISI: Domestic mill production remains strong
Domestic steel mill output remained historically strong last week, holding within earshot of a multi-year high.
Dodge Momentum increased in May
The Dodge Momentum Index (DMI) grew in May, up from a downwardly revised April reading. Gains were again driven by data centers, though healthcare, retail, and office grew vs. April.
SMU Community Chat: JSW USA’s Simon upbeat on Baytown, Mingo Junction
Longtime steel veteran Robert Simon is excited about the transformation taking place at JSW Steel USA. And he has a rosy outlook for the rest of the year.
Nucor increases spot HR price by $10/ton, again
Nucor announced on Monday, June 8, that its consumer spot price (CSP) for hot-rolled coil will be $1,115 per short ton (st) for the week, up $10/st from last week.
CRU: Tata Steel’s Port Talbot EAF faces up to year delay
The start-up of an EAF at Port Talbot, south Wales, could be 12 months later than planned.
Final Thoughts: What to watch if you’re looking for a peak
Most companies making steel are making a lot money. And they will continue to as current high prices flow into contracts in Q3. I don’t want to kill the vibe. (No one likes that guy.) But let’s put on your risk-manager cap for a second and imagine what might keep everything from moving up and to the right indefinitely.
Price: As key trade deadlines loom, Section 232 remains as important as ever
The next few months are poised to be momentous for US trade and tariff policy. Of note, the United States, Mexico, and Canada are beginning the six-year review of the US-Canada-Mexico Agreement (USMCA).
AHMSA bankruptcy auction moves forward
A Mexican court has approved the joint auction of AHMSA and its MINOSA mining assets for $1.33 billion, paving the way for a single buyer to take control of both businesses.
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