SMU Data and Models
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Correction/Clarification: SMU Survey Results for Strike or No Strike
Written by John Packard
July 27, 2015
On Sunday we produced an article that was perhaps confusing to some of our readers. The article entitled: “Possible Strike Does Not Worry Buyers & Sellers of Steel” had an error in the graphic produced. Our survey results has 76 percent of those responding saying they are Not concerned about the possibility of a strike or lockout at either US Steel or ArcelorMittal when their contracts expire on September 1st.
The graphic should have looked like this (the colors were reversed in the original article):
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/04/john-packard.png)
John Packard
Read more from John PackardLatest in SMU Data and Models
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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.