SMU Steel Demand Index grows at a slower pace
SMU’s Steel Demand Index saw a slight decline in growth, slightly behind early July, but remaining in elevated territory, according to mid-to-late July indicators.
Tag: Market Survey
SMU Survey: Steel Buyers’ Sentiment Indices remain strong
SMU’s Steel Buyers’ Sentiment Indices indicate that buyers remain confident in their companies’ prospects today and in the near future.
SMU flat-rolled market survey results now available
The results of the latest SMU flat-rolled market survey are now available on our website to all premium members.
SMU Survey: Extended lead times persist on sheet and plate
Steel mill lead times have trended upward since last November and now stand at or near multi-year highs for all products.
SMU Survey: Mill negotiability slips, sheet hits multi-year lows
The majority of steel buyers responding to our market survey this week report that mills are holding a firm grip on prices
SMU Survey: Mills benefit from tariffs as buyers wait for supply
SMU’s July 10 Flat-Rolled Steel Survey results paint a picture of a steel market being squeezed from every direction. Tariffs are holding prices up and giving mills a clear advantage, while manufacturers and traders say the policy is pushing their costs higher.
SMU Survey: Continued optimism in Buyer Sentiment Indices
SMU’s Steel Buyers’ Sentiment Indices were once again strongly optimistic this week, based on responses collected from steel executives in our latest market survey.
SMU Survey: Extended sheet lead times take a breather, plate pushes out
Steel mill lead times for flat-rolled steel this week remained extended at historical highs. Plate production times crept out further, while hot-rolled and cold-rolled (HR/CR) coil saw minor contractions.
SMU Survey: Buyers continue to report limited mill negotiability
The majority of steel buyers we polled this week reported that mills are holding firm on new order spot prices.
SMU Survey: Foreign steel interest rises in pockets
North American steel buyers are navigating a market where demand is firming, but import activity remains cautious. Buyers reported mixed import activity in SMU’s June 26 flat-rolled steel buyers’ survey.
SMU Survey: Steel Buyers’ Sentiment Indices stay optimistic
Both Steel Buyers’ Sentiment Indices continue to indicate that steel buyers are confident in their companies’ prospects today, as well as in the months ahead.
SMU Survey: Lead times remain elevated on sheet and plate
Steel mill lead times remained extended this week on both sheet and plate products. Current production times three to four weeks longer than levels seen last summer.
SMU Survey: Mill negotiability falls to multi-year low
Steel buyers negotiation rates remain at or near historic lows across most sheet and plate products.