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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: Buyers’ Sentiment Indices strengthen
Steel buyers remain highly optimistic for their businesses’ chances for current and future success, according to SMU’s latest Steel Buyers’ Sentiment Indices.
AMU: Auto supplier to redevelop former Alabama steel mill site
This piece was first published by SMU’s nonferrous sister publication, Aluminum Market Update. To learn about AMU, visit their website or sign up for a free trial. An automotive supplier plans to turn a former steel mill site in Alabama into a facility to produce aluminum and plastic components for US automakers. Taiwan-based Minth Group Limited said the $430 million […]
CRU: The macroeconomic impact of conflict in the Middle East
The ongoing conflict in the Middle East has led to higher and more volatile energy prices, and impacts on numerous other commodity markets – in particular fertilizers and aluminum. If disruption to Middle Eastern supply continues, this will have a serious negative impact on the global economy.
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
When nations eye their trade policy these days, are they only seeing tariffs? It might seem that way, especially after reading a presidential executive order or five over the last year. But is the condition spreading?
Sheet prices reflect tighter supply, sources flag mill utilization rates
As spot prices for hot- and cold-rolled coils edge higher, mill capacity utilization rates hover below 80%, raising concern among some market participants.
SMU Survey: Sheet and plate lead times extend to multi-year highs
Steel mill lead times extended to multi-year highs on both sheet and plate products this week.
SMU Survey: Mills hold firm on prices, most buyers say
Most steel buyers report that domestic mills are unwilling to negotiate price on new sheet and plate spot orders.
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