Tag: Flat Rolled

Steel Dynamics Inc. (SDI) narrowed operating losses from its aluminum operations as the company's flat-rolled mill in Columbus, Miss., continues to ramp up. SDI, which operates Aluminum Dynamics Inc. (ADI), reported a Q3'26 operating loss from aluminum operations of $26 million, down from an operating loss of $56.5 million in Q3'25. Year to date, the division reported an operating loss of $124 million, down from $126 million in the first nine months of 2025.

Steel markets in the United States now feature supply shortages. Spot tons are well-nigh unavailable, and even contract tons are scarce. Based on the available statistics, the US market for flat-rolled products is seriously constrained. The US economy is still the strongest in the world, and manufacturing output remains vigorous. But the available supply is tight. The reason is fairly obvious. US domestic supply has increased a bit. Meanwhile, imports have fallen significantly.

The results of the latest SMU flat-rolled market survey are now available on our website to all premium members.

SMU’s Mill Order Index 2continued to expand in June. The result came as service center on-order volumes and new order entries continue to rise, according to our latest service center inventories data.

Celso Goncalves has been promoted to president and chief financial officer and appointed to the Cleveland-Cliffs board of directors.

Steel Dynamics Inc.'s (SDI's) executives said they are working with the current administration towards keeping a robust trade policy that favors US products, and that scrap supply in the US remains "ample."

The results of the latest SMU flat-rolled market survey are now available on our website to all premium members.

What comes next? Do prices plateau and then dip in late Q3/Q4 – which is what we saw in 2021? Or do they continue to rise into 2027?

US service centers’ flat-rolled steel supply declined for a fourth straight month in May, with shipping days of supply slipping to 44.7 on an adjusted basis, according to SMU data.

After reaching historic lows late last year, import volumes have increased each month of 2026, according to recently released US Commerce Department data.

SMU’s Steel Buyers’ Sentiment Indices remained strongly optimistic this week and continue to indicate that buyers are confident in their companies’ prospects.

Steel mill lead times extended this week on both sheet and plate products, now at multi-year highs.

Steel Dynamics Inc. has contracted SMS group to complete a comprehensive upgrade of the process automation system at its hot strip mill in Butler, Ind.

Stronger for longer sentiment remains in the house when it comes to flat-rolled steel prices, according to SMU’s latest steel market survey.

SMU’s Steel Buyers’ Sentiment Indices edged down this week, according to our most recent survey data.

SMU’s latest steel buyers market survey results are now available on our website to all premium members.

Grupo Acerero SA de CV posted higher shipments and stronger profitability in the first quarter of 2026.

Steel mill lead times continue to hold at or near multi-year highs for both sheet and plate products, territory they have been in two months.

Marubeni-Itochu Steel Americas Inc. (MISA) plans to build a $37 million flat-rolled steel processing plant in Osceola, Ark., adjacent to Big River Steel.

SMU’s Steel Buyers’ Sentiment Indices indicate that steel buyers remain highly optimistic about their businesses’ chances for current and future success.

MU’s latest steel buyers market survey results are now available on our website to all premium members.

SMU’s latest steel buyers market survey results are now available on our website to all premium members.

SMU’s Mill Order Index (MOI) eased in February. The result came as a marginal increase in service center intake levels was offset by higher shipments, according to our latest service center inventories data.

Steel buyers remain highly optimistic for their businesses’ chances for current and future success, according to SMU’s latest Steel Buyers’ Sentiment Indices.

SMU’s latest steel buyers market survey results are now available on our website to all premium members.

US service centers’ flat-rolled steel supply declined for a second consecutive month in February, with shipping days of supply slipping to 52.2 on an adjusted basis, according to SMU data.

SMU’s latest steel buyers market survey results are now available on our website to all premium members.

Following extensions in February, steel mill lead times held steady or extended further for both sheet and plate products this week, according to buyers responding to our latest market survey.

Trade for many of the sheet and plate products we follow has fallen to multi-year lows through December.

SMU’s Mill Order Index (MOI) rose again in January, maintaining momentum from the month prior. The increase came as service center intake levels ticked up, supported by a jump in shipments, according to our latest service center inventories data.