SMU Data and Models
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Early February 2014 Steel Market Survey Results
Written by Brett Linton
February 7, 2014
Steel Market Update conducted our early February flat rolled steel market survey this week. We are pleased to provide our Premium Level members a Power Point presentation on the results which can be access on our website (when logged in) under the Analysis Tab (SMU Survey Results sub-menu). If you are already logged in you can access the survey by clicking here.
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Brett Linton
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SMU’s August at a glance
SMU’s Monthly Review provides a summary of important steel market metrics for the previous month. Our August report includes data updated through August 30th.
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SMU market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.”
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SMU survey: Lead times edge higher for sheet
Current steel mill lead time averages are a few days longer than levels seen one month prior, but remain near historical lows for both sheet and plate products.
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SMU survey: Steel Buyers’ Sentiment Indices surge
Both our Current and Future Indices are now up to multi-month highs, indicating continued optimism among steel buyers.
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SMU survey: Mills’ flexibility on prices up slightly
Steel buyers found mills slightly more willing to negotiate spot prices this week, according to our most recent survey data. Though this negotiation rate has ticked up vs. our previous market check, overall rates have been trending downward since July’s highs.