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 Daily Digest reminder and what’s ahead for our newsletters
This October, SMU is introducing a new way to keep you informed on the latest steel market news and insights: the Daily Digest. Beginning in mid-October, our new Daily Digest will replace the three newsletters currently delivered each week.
Chicago Business Barometer back to growth in September
The Chicago Business Barometer rebounded in September, returning to expansion after slipping into contraction in August.
Hertha Metals receives funding to produce high-purity iron
Startup steelmaker Hertha Metals has secured $133.65 million in its Series A round of funding, including a $65 million equity investment from the US government.
Welspun’s Arkansas facility bags huge order for welded pipe
Welspun Tubular LLC, the US subsidiary of India’s Welspun Corp., has received an order to supply $412.5 million of high-frequency induction welded (HFIW) steel pipe.
SMU Survey: Mill lead times stretch further, plate reaches record high
Steel mill lead times continued to expand for sheet and plate products this week, according to buyers responding to our latest market survey.
SMU Survey: Mill negotiation rate rises, but price still rigid
The overall mill negotiation rate ticked up slightly this week, but the overwhelming majority of buyers are still finding mills inflexible on price, according to our latest survey data.
ISM: US manufacturing growth eases marginally in September
The latest Manufacturing PMI Report from the Institute for Supply Management (ISM) shows the US manufacturing sector experienced growth in September, albeit at a slightly lower pace than in the month before.
October ferrous scrap price outlook looking strong sideways, sources say
The October market for domestic ferrous scrap is viewed with optimism mainly by participants on the selling side
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