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
Steel imports historically weak through November license data
According to recently finalized US Commerce Department data, US steel imports tumbled to a near five-year low in September
Plate buyers avoid restocking, wary of market uncertainty
US plate market participants hope the new year will bring favorable market conditions. But they remain leery of making big purchases because of lingering uncertainty.
SMU Survey: Buyers’ Sentiment slips, future outlook hits 9-month high
The latest SMU’s Steel Buyers’ Sentiment Indices showed mixed results.
AMU: Airbus’ low-profile overhaul takes flight
A cluster of Airbus announcements reveals how quickly the OEM is tightening and rebalancing its US supply chain.
US rig count slips as Canadian count ticks up
The US rig count edged down this week while the Canadian count inched up, according to the latest Baker Hughes data released on Friday, Dec. 12.
CRU: Data center demand drives US rebar toward June 2023 highs
US longs prices diverged in early December, with rebar and structurals prices rising on data center demand while wire rod remained flat, as domestic mills balanced the market. Import volumes, in November, declined sharply across all longs.
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
There was a palpable sense of optimism among folks at the HARDI conference about demand from data centers. In other words, around the physical infrastructure – which also includes energy transmission – needed to feed the AI boom. The big question: Could demand from data and AI be far stronger than the market yet realizes?
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