SMU survey: Mills more willing to talk price on spot deals
Steel buyers said mills were much more willing to negotiate spot pricing this week on all products SMU surveys, according to our most recent survey data.
Tag: Hot-Dipped Galvanized
SDI's Sinton mill moves into the black
Steel Dynamics Inc. executives said the company’s Sinton, Texas, flat-rolled steel is now Ebitda positive.
SMU survey: Sheet buyers find mills more willing to talk price
Domestic buyers of steel sheet said mills were much more willing to negotiate spot pricing this week, according to our most recent survey data.
Galvanized buyers report an above-average start to new year
Coming out of a strong fourth quarter, galvanized steel market participants are reporting an above-average start to January and are cautiously optimistic for 2024.
SMU survey: Lead times contract but remain at healthy levels
Steel mill lead times pulled back across the board this week but are still said to be at healthy levels, according to SMU's market survey this week.
SMU survey: Buyers say mills slightly less willing to talk price
The percentage of steel buyers saying mills were willing to negotiate spot pricing on the products SMU surveys was mixed this week.
Imports fall to year low in November
November’s preliminary count shows US imports falling, but to a lesser degree than an earlier license count had suggested, according to the latest government figures.
SMU survey: Mills more willing to negotiate price on all products - except cold rolled
All of the products SMU surveys notched an increase in the percentage of buyers saying mills were willing to negotiate spot pricing, with the exception of cold rolled, according to our most recent survey data.
Duties adjusted on coated imports from South Korea, Taiwan
The US Department of Commerce’s International Trade Administration (ITA) has updated the antidumping duties on coated sheet imports from South Korea and Taiwan.
Final thoughts
‘Twas two weeks before Christmas, and at our publication We kept logging steel price increases from across our fair nation.
SMU survey: Direction of mill lead times mixed on holiday season lull
Movements in lead times were mixed in SMU’s check of the market this week – a reflection of the seasonal dip in ordering that is typically seen during the winter holiday season.
SMU survey: Mills less willing to talk price on sheet, plate
The percentage of steel buyers saying mills were willing to negotiate spot pricing has fallen for all products SMU surveys, according to our most recent survey data.
SMU price ranges: Sheet, plate mostly sideways ahead of Thanksgiving
Flat-rolled steel prices were in a holding pattern ahead of Thanksgiving.
Galvanized Sheet's Premium Over Hot Rolled Hovering Around $200/Ton
The spread between hot-rolled coil (HRC) and galvanized sheet base prices has been hovering near $200 per net ton since late July, according to SMU’s latest analysis.
October Import Licenses Sideways, Flat Rolled Permits Decline
US steel imports continue to arrive at a steady pace, as total import licenses in October were about even with September’s import levels.
SMU Survey: Mills Less Willing to Talk Price on Sheet, More Willing on Plate
The percentage of steel buyers saying mills were willing to negotiate spot pricing fell for hot rolled this week, while plate's negotiation rate shot up, according to SMU's most recent survey data.
SMU Survey: Sheet Lead Times Extend While Plate Contracts
Lead times for most sheet products were pushed out even further this week as domestic prices continue to rise. Plate lead times, meanwhile, contracted on falling prices and waning demand.
SMU Survey: Mill Lead Times Push Out Further
Mill lead times for flat-rolled products pushed out this week once again across the board.
SMU Survey: Mills Less Willing To Talk Price on Sheet, Plate More So
Steel buyers said mills are less willing to budge on spot pricing for sheet products, but plate bucked this trend, according to SMU’s most recent survey data.
SMU Price Ranges: Sheet Up as Price Hikes Gain Traction
Sheet prices rose for a fourth consecutive week following a second wave of price hikes announced by domestic mills.
HARDI Members See Higher Prices Moving Buyers Off Sidelines
Members of the Heating, Air-Conditioning & Refrigeration Distributors International (HARDI) were bullish at the Tuesday, Oct. 24, meeting of its Sheet Metal/Air Handling Council.
SMU Price Ranges: Sheet Prices Up Again, But Outlooks Diverge
Sheet prices notched a third consecutive week of gains on limited supply and stable demand outside of automotive operations impacted by the UAW strike.
AZZ Inc. Swings to Profit in Fiscal Q2 on Infrastructure Spending
Azz Inc. swung to a profit in its fiscal second quarter of 2024 as its metal coatings business was lifted by infrastructure spending.
Buyers Say Mills Less Willing to Negotiate Lower Prices: SMU Survey
The mill negotiation rate for all products SMU looks at fell this week, with hot rolled dropping 13 percentage points, according to our most recent survey data.
SMU Survey: Lead Times Extend Across the Board
This week’s survey showed steel mill lead times extending across all product lines tracked by SMU.
SMU Price Ranges: Sheet Rises Again, HRC Firms Around $700/ton
Sheet prices moved upward for the second week in a row despite the ongoing UAW strike and concerns in some corners that momentum from a price hike last month might be fading, market participants said.
September Import Licenses Steady, Flat Rolled Permits Rise
A slowdown in US steel imports has yet to be seen, as total import licenses in September were about even with August’s import levels.
SMU Price Ranges: Sheet Rebounds – Sustainable Rally or Dead-Cat Bounce?
Sheet prices rose this week on the heels of a price increase announced by Cleveland-Cliffs last week that was quietly followed by other mills.
Sheet Lead Times Mixed, Plate Plummets
While lead times for sheet again had mixed movements this week, those for plate collapsed, according to SMU’s most recent market survey.
Most Mills Still Willing To Negotiate Lower Sheet and Plate Prices: SMU Survey
The overall steel mill negotiation rate remained level this week vs. two weeks earlier, but plate’s rate fell by 15 percentage points, according to SMU’s most recent survey data.